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A technical analyst says the surge in XRP has set a bullish precedent for market leader bitcoin (BTC) with a move above key price resistance that has opened doors for a sustained rally. Fairlead's Katie Stockton notes XRP's breakout above the Ichimoku cloud is a good example for bitcoin. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Jul 21, 2023

Recently, Kaiko released its Q2 crypto asset liquidity ranking and the data analytics firm found that recent SEC lawsuits have directly impacted liquidity of certain assets. ATOM, FIL and MATIC's liquidity worsened over the quarter, after all being named as alleged securities in the regulator's lawsuit against Coinbase. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jul 12, 2023

Bitcoin Ordinals NFT activity has picked up, crossing 350,000 daily inscriptions on Monday according to data tracked by analytics firm Glassnode. The daily tally has surged by over 250% since Ordinals launchpad Luminex unveiled the Bitcoin Request for Comment (BRC)-69 token standard on July 3. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jul 11, 2023

A new report from data analytics platform Nansen shows that royalty payments sunk to a two-year low in the month of June. This comes after NFT royalty payments reached their peak in April 2022, contributing to a collective 28,000 ETH in one week of creator earnings. CoinDesk's Jennifer Sanasie explains the sharp decline in "The Chart of The Day."

Jul 6, 2023

According to a report by CCData, crypto trading volumes rose in June for the first time in three months amid optimism over spot bitcoin exchange-traded fund (ETF) filings in the U.S. by TradFi giants like BlackRock and other large institutions. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jul 5, 2023

Ether (ETH) jumped 61% in the first six months of the year and traders are now betting the rally in the token of Ethereum could extend in the second half. According to Amberdata, an investor purchased roughly 63,250 bull call spreads tied to ether and the strategy cost an initial $10 million. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jul 3, 2023

Binance found that 63.5% of respondents remain positive on crypto for the next year and 88% remain optimistic for the next decade after surveying 208 clients. The crypto exchange conducted the survey between March and May 2023. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jun 30, 2023

Bitcoin's correlation with the Nasdaq has sunk to just 3% in June, hitting its lowest level in almost three years, according to Kaiko data. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jun 29, 2023

The dollar-pegged stablecoin TrueUSD (TUSD) is trading at a discount relative to tether (USDT) on Binance.US, the U.S. subsidiary of Binance. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jun 28, 2023

Open interest in futures tracking Bitcoin Cash (BCH) tokens has surged to May 2021 levels as the Bitcoin offshoot network experiences a revival of activity and value. The Bitcoin offshoot network is becoming one of the top performing tokens above the 1 billion dollar market cap, likely a result from the network upgrade and listing on exchange EDX Markets. CoinDesk's Jennifer Sanasie presents "The Chart of The Day."

Jun 27, 2023