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100 Days After the Bitcoin Halving, What's Next?
July 29 marks the 100th day since the Bitcoin blockchain implemented its fourth mining reward halving. According to a new research by ETC Group, the bullish impact of the slowdown in BTC supply expansion led by the halving tends to kick in after 100 days. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Biden Dropout Chances Rise on Polymarket After Covid Diagnosis
The chances of President Joe Biden withdrawing from the race for U.S. president rose to 66% on betting platform Polymarket after the President confirmed on X that he had been diagnosed with Covid-19. In an interview with BET News that aired yesterday, Biden said that he would consider dropping out should he be diagnosed with a medical condition. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

XRP Surges 15% on the Back of Triangle Pattern
XRP surged more than 15% in the past 24 hours, extending the token’s seven-day gains to around 40%, making it the best-performing major, despite favorable regulatory developments for ether and demand for meme coins. Gains in the token started last week as traditional futures powerhouses CME and CF Benchmarks announced the debut of indices and reference rates for XRP. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Breaking Down Solana's Triangle Pattern
Solana's SOL token nearly doubled to over $200 in the first quarter, since then the uptrend has lost steam, with pullbacks supported around $120. That has resulted in a so-called descending triangle pattern, comprising a downward sloping trendline, representing lower highs and a flat trendline, representing a solid support level. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Spain National Fan Token Slides After UEFA Euro 2024 Win
Despite Spain's victory in the UEFA 2024 soccer championship, the Spain National Fan token (SNFT) has dropped by nearly 20% to over 2 cents in the past 24 hours with a market cap of $583K at press time, according to CoinGecko. The slide in price likely represents the "sell-the-fact" losses following the country's win over England. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

ARG Token Skyrockets as Argentina Heads to Copa America Final
Argentina, the defending champion of the Copa America soccer tournament, advanced to the finals again on Tuesday after defeating Canada. The team’s success more than doubled the market value of the country's fan token, ARG. According to data source CoinMarketCap, the price of the Argentina Football Association's cryptocurrency has risen more than 100% to above $2 since the semi-final. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Messi Promotes Meme Coin WATER on Instagram, Leading to 350% Surge
Meme coin WATER soared recently after soccer legend Lionel Messi promoted it on Instagram. In the two hours following the post, the token surged $356% before subsequently pulling back. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Altcoin Liquidity Improved in 2024 Despite Recent Crypto Market Turmoil
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."

PoliFi Meme Coins Decline Amid Trump-Biden Tussle
Political finance meme tokens are taking a hit as the 2024 presidential election heats up. CoinGecko data shows that Solana-based Jeo Boden meme coin has dropped 70% in the past week following the President's poor performance during the debate. Trump-themed tokens are also down with TRUMP and TREMP tokens both down double digits on the day. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Breaking Down SOL's Price Movements After Spot ETF Filings
Solana's native token SOL is on the rise following VanEck and 21Shares' announcements of their spot SOL ETF filings last week. The overall crypto market remains flat in reaction to the news but SOL's cumulative volume delta returns positive over the past week. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
