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Bitcoin (BTC) is teetering after Wednesday morning’s Consumer Price Index (CPI) report, released by the Bureau of Labor Statistics, showed that annual inflation slowed to 4.9% in April from 5% in March and less than the forecast 5%. CoinDesk Senior Research Analyst George Kaloudis presents “The Chart of The Day.”

May 10, 2023

The gap between bitcoin's price in U.S. dollars on Binance U.S and the price on digital assets exchanges like Binance and Coinbase has widened sharply this month, causing unease among crypto commentators and Twitter users. TradingView data shows that on 09:26 UTC Tuesday, the BTC/USD pair listed on Binance.US traded at a nearly $650 premium to its Coinbase-listed counterpart and Binance's bitcoin-tether pair (BTC/USDT). CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

May 9, 2023

According to Luxor, a bitcoin mining company, the hashprice has skyrocketed. In the last 24 hours, the hashprice, Luxor's measurement of profitability for bitcoin miners, rose from $90 to $125. CoinDesk Senior Research Analyst George Kaloudis analyzes how high transaction rate fees contribute to this growth in “The Chart of The Day.”

May 8, 2023

On Wednesday, the average fee per Bitcoin transaction rose to $7.25, the highest since July 2021. For comparison, the rate so far this year has fluctuated between roughly 50 cents and $4, data from BitInfoCharts shows. CoinDesk Senior Research Analyst George Kaloudis presents “The Chart of The Day.”

May 5, 2023

According to TradingView data, bitcoin's (BTC) dominance rate, measuring the cryptocurrency's share in the broader market, has risen sharply since the onset of the ongoing U.S. banking sector instability almost two months ago. CoinDesk Senior Research Analyst George Kaloudis presents "The Chart of The Day."

May 4, 2023

The number of non-fungible tokens (NFT) tied to the Bitcoin blockchain surged above 3 million earlier this week after a one-day spike in activity that mainly consisted of text-based assets, data from Dune Analytics shows. CoinDesk Senior Research Analyst George Kaloudis presents “The Chart of The Day.”

May 3, 2023

Arca Chief Investment Officer Jeff Dorman speaks with CoinDesk Senior Research Analyst George Kaloudis on "All About Bitcoin" about the largest cryptocurrency by market capitalization crossing over $28,500 following a volatile day of trading on Monday.

May 2, 2023

Bitcoin's market capitalization dominance is surging once again, according to data from The Tie. CoinDesk senior research analyst George Kaloudis and The Tie CEO and co-founder Joshua Frank discuss as the cryptocurrency's price ended April relatively unchanged.

May 1, 2023

Digital asset investment funds had net outflows for the first time in six weeks last week, totaling $30 million, suggesting profit-taking, according to CoinShares. CoinDesk Contributor Lawerece Lewitinn presents “The Chart of the Day.”

Apr 25, 2023

Bitcoin (BTC) faced selling pressure in the week ended Sunday as bond yields rose and the U.S. dollar liquidity declined. The largest cryptocurrency by market capitalization posted its largest single-week percentage loss since early November, according to data from TradingView and CoinDesk. The yield on the 10-year U.S. Treasury note rose by six basis points to 3.58%, its second-straight weekly gain, denting the appeal of risky assets, including cryptocurrencies. CoinDesk Contributing Editor-at-Large Zack Seward presents “The Chart of The Day.”

Apr 24, 2023