Kaiko

Bitcoin ETF flows took a hit in Q2, according to data from Kaiko. Despite registering the longest consecutive days of inflows between May and June, volumes were much lower than the previous quarter. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Jul 12, 2024

The crypto market is in the red but altcoin liquidity has improved significantly this year. According to data from Kaiko, the aggregated 1% depth for the top ten altcoins by market cap mounts up to around $162 million, a 38% increase compared to the 2023 average. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Jul 5, 2024

Meme coins’ liquidity has surged to record highs according to data tracked by Kaiko. The increase in liquidity, which is measured by 1% market depth, suggests ease in executing orders and stable prices. Nevertheless, the bid-ask spreads for meme coins remain elevated, indicating that the tokens are still considered relatively risky. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Jun 21, 2024

According to new data from Kaiko, miners could be beginning to feel the pressure of reduced miner rewards and could be forced to sell their bitcoin, putting pressure on the markets. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 14, 2024

The meme coin hype remains robust despite the stalled rally in bitcoin (BTC). Kaiko data reveals that meme coins continue to lead the pack when it comes to the open interest to market cap ratio for altcoins. PEPE and dogwifhat show twice the ratio relative to other altcoins. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 9, 2024

Data tracked by Kaiko shows that the combined volume of Hong Kong ETFs on the first day of trading reached $12.7 million, significantly lower than the $4.6 billion scored by U.S.-based spot bitcoin ETF products. Despite the slow first day of Hong Kong ETFs, Kaiko notes that overall APAC demand for crypto exposure remains robust, as filings with the U.S. SEC revealed that a Hong Kong-based asset manager is the largest holder of BlackRock's IBIT fund. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 7, 2024

Data from Kaiko shows that recent escalation of the conflict in the Middle East has led to increased demand for safe-haven assets, but bitcoin has not benefited from this trend. The largest cryptocurrency by market cap saw its value drop 6% in April, while gold and the US dollar have rallied. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Apr 25, 2024

According to Kaiko data, Upbit has been the dominant player in the South Korean crypto markets since 2021 with an average market share of 82%. Since exchanges started promoting their zero-fee campaigns, competition has intensified during the recent bull run. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Apr 17, 2024

Data from Kaiko shows that the short-term impact of previous halvings on bitcoin prices has been mixed, but long-term has been bullish with bitcoin returns ranging from 292% to over 8000% 12 months after the event. Will the upcoming halving be a sell-the-news event? CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Apr 10, 2024

Data tracked by Kaiko shows that the spread between bitcoin and ether’s annualized 30-day historical volatility has increased to the highest in at least a year. What are the catalysts for bitcoin’s increased volatility? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Apr 1, 2024