ChartDay_Sponsor

Stablecoin drama continues to ripple across the crypto markets. The tether (USDT) stablecoin, the world's largest stablecoin by market cap, dipped as low as 96 cents Thursday before bouncing back. Terra's UST stablecoin also tumbled to levels as low as 28 cents. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

May 12, 2022

U.S. President Donald Trump’s commitment to tariffs wipes $300 billion from the crypto market and over $8 trillion from global stocks, since they were announced last week. After bitcoin fell below $75,000 Monday, CoinDesk's Christine Lee explores how low bitcoin can go under current market conditions on "Chart of the Day."

May 12, 2022

After a short-lived spike in response to the Federal Reserve’s 50 basis-point interest rate hike, bitcoin dropped over 10% to its biggest one-day decline in two months. Plus, a look into the reaction of traditional assets, including the S&P 500 and the Nasdaq Composite Index, as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.” 

May 5, 2022

Bitcoin’s “Mayer Multiple,” the ratio of BTC's price to the 200-day simple moving average (SMA), is just shy of 0.80, indicating that the “digital gold” is at a point of undervaluation and trading at a nearly 20% discount. Plus, a discussion on the impact of hawkish Federal Reserve policy on BTC price as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

May 4, 2022

Stronger demand for puts or bearish bets are indicated as bitcoin’s put-call skews, or implied volatility of calls minus puts, continues to hover just above zero. Plus, a look into BTC’s relative strength index as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

May 3, 2022

According to TradingView’s bitcoin index, May has historically been the fourth-best month for BTC, logging gains in seven out of the past 11 years. Plus, a conversation about the changes in bitcoin’s market composition since 2020 as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

May 2, 2022

Bitcoin turned upwards after five days of wayward performance, remaining in a tight trading range with support at $37,000 and initial resistance at $43,000. Plus, current market sentiment among buyers and analysts as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

Apr 28, 2022

Bitcoin accounts for less than a quarter of all cryptocurrencies stolen by North Korea, according to Chainalysis. This comes in light of North Korea’s recent hack of $625 million from Axie Infinity’s Ronin network. How does the security of the Bitcoin blockchain compare with its competitors? “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

Apr 26, 2022

Bitcoin’s bear market might have plenty of steam left as technical analysis indicates an impending “death cross,” when the 50-candle simple moving average crosses below the 200-candle simple moving average. Plus, comparisons with BTC price action from mid-November 2018 and mid-December 2014 as “All About Bitcoin” host Christine Lee presents the “Chart of the Day.”

Apr 25, 2022

New data from Arcane Research shows Lightning Network payment volume has retreated since peaking last November when BTC touched all-time highs, but this does not accurately represent the underlying adoption trend. Plus, Lightning users grew from 100,000 last year to an estimated 80 million this March. “All About Bitcoin” host Christine Lee breaks down the “Chart of the Day.”

Apr 20, 2022