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Why Terra's USTC, LUNC Are Skyrocketing This Week
TerraClassicUSD (USTC) and its sister token Terra luna classic (LUNC) – remnants of the blown-up Terra blockchain – skyrocketed this week, fueled by a new Binance perpetuals contract listing and the emergence of a bitcoin-focused revamp and airdrop plan. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
NFT Platform Blur's Token Jumps Amid Binance Listing and Blast Optimism
BLUR, the native token of NFT platform Blur, surged to a high of 22% last Friday after being listed on Binance's convert feature, which allows Binance customers to buy and sell assets without going through a traditional order book. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
A Closer Look at Crypto Lobbying in the U.S.
A recent CoinGecko report has found that the crypto industry has spent $20 million on crypto lobbying in 2023 so far, versus $22 million last year, for a total of just over $56.3 million since 2019. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Worldcoin Token Drops After OpenAI Ousts Sam Altman as CEO
The token associated with Sam Altman's eye-scanning cryptocurrency project dropped as low as 12% last Friday, after artificial intelligence company OpenAI ousted Sam Altman as CEO and from the board. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Key Metric of Dogecoin Futures Jumps in Past 24 Hours
Trading interest in DOGE bets rose over 40% in the past 24 hours to reach the most since April. An increase in leveraged bets came after a 12% surge on Thursday as one company said it planned to send a physical Dogecoin token to the moon. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Crypto Bulls Were Hit by $300M in Liquidations Earlier This Week
On Tuesday, crypto traders endured $307 million in liquidations of leveraged crypto long positions, or bets on higher prices, marking the largest leveraged long wipe-out in three months. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Reddit Token MOON Rockets Amid Hopes of Project Revival
Prices of MOON token, which is tied to the shuttered Community Points program of Reddit, is continuing to surge as some moderators banded to revive the project and continue it independently. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
GROK Dumps 50% as Links to Failed Projects Pauses AI-Inspired Token's Rally
GROK, an X AI-inspired token, lost nearly $100 million in capitalization in the past 24 hours as its developer was linked to projects that previously failed to gain traction, drawing eyeballs from market observers. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
A Closer Look at BTC Volumes and the Likelihood of a Spot Bitcoin ETF Approval
A recent report by Kaiko uses a minute-by-minute analysis of the most volatile periods to better assess the likelihood of a spot bitcoin ETF approval in the U.S. This comes as the Securities and Exchange Commission (SEC) has cited a lack of surveillance sharing as a reason for denying previous spot bitcoin ETF applications. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
New Cryptocurrencies Getting Created at Slowest Pace in Three Years: CertiK Data
Excluding memecoins, the amount of new token creation dropped during the third quarter of this year to the lowest level since at least the start of 2021, according to blockchain smart-contract auditor Certik. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."