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Bitcoin Fees Climb as Ordinals Hype Gives Windfall Profit to BTC Miners

Bitcoin (BTC) miners are enjoying windfall profits as transaction fees spiked to the highest since April 2021 due to rising Ordinals inscriptions. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Why Injective's INJ Has Surged 3,000% in 2023

Injective (INJ), the native token of its namesake's layer 1 blockchain, has seen a 3,000% move to the upside over the course of 2023. Injective is a Cosmos-based blockchain that combines elements of artificial intelligence (AI) with decentralized finance (DeFi). CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Crypto Exchange Bybit Grew From 1% to 9% Market Share in 2023: Kaiko

According to Kaiko data, crypto exchange Bybit grew from 1% to 9% market share this year. Coinbase's market share sits at just under 8%, while OKX joins ByBit at the 9% mark. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Bitcoin Could Continue to Rally in 2024, Key Indicator Suggests

Bitcoin has surged over 150% this year, beating traditional assets like the S&P 500, gold, and the U.S. dollar by a huge margin. And some key indicators suggest bitcoin could continue to rally in 2024. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Binance’s Market Share of Crypto Trading Fell to 30% This Year: CCData

According to numbers provided by CCData, Binance's market share so far in December was just 30.1% versus 55% at the start of the year. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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El Salvador Targets Bitcoin Millionaires in New Push to Attract Long-Term Residents

El Salvador kickstarted its "Freedom VISA" program last week, with plans to distribute residency to a maximum of 1,000 people per year who invest at least $1 million worth of bitcoin or tether (USDT) stablecoins. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Institutional Traders are Bullish on Bitcoin: Bybit Research

Institutional traders are bullish on bitcoin, mixed on ether and skeptical of altcoins, a new report from Bybit Research shows. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Bitcoin Extends Rally as $1B in BTC Withdrawals Suggests Bullish Mood

The case for a continued rally in bitcoin (BTC) has strengthened, with centralized exchanges recently witnessing a sizeable exodus of coins. Data from Glassnode shows just over 37,000 BTC, worth $1.4 billion, has been withdrawn from exchanges since Nov. 17 in a sign of investors taking direct custody of their coins. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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NFT Prices Are Still Lagging Behind Ether's Gains

Crypto is inching toward bull-market territory, but non-fungible tokens (NFTs) have failed to benefit from the market euphoria. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Web3 Gaming Market Still Growing in 2023: Game7 Data

The Web3 gaming market continues to grow, albeit at a slower rate than before, according to a recent report from Game7. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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