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Ethereum Average Gas Fees Touched Highest Level in Six Months: Kaiko
DeFi activity is picking up, according to a recent report by blockchain analytics platform Kaiko. Wallet data shows the average gas fees on Ethereum touched the highest level in roughly six months recently. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
AI-Linked Tokens Surpass $2B in Weekly Trade Volume For First Time Since March
According to Kaiko data, AI-linked tokens surged past $2 billion in weekly trade volume for the first time since March. Gains were led by WLD and RNDR. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Ether Hits 7-Month High After BlackRock's ETF Plan Is Revealed
On Thursday, a Nasdaq filing confirmed BlackRock's plan to file for an ETH-based exchange-traded fund (ETF). The news sent the price of ETH above $2,000 to a seven-month high. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin’s Volatility Diminishes in 2023: Ecoinometrics
Ecoinometrics data shows bitcoin's volatility in 2023 is at its lowest level in over a decade. However, macro and leverage traders are continuing to sit on the fence. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
XRP Climbs 14% This Week as Several Institutions Adopt Ripple’s Services
XRP has risen about 14% in the past week, as bitcoin and ether hold steady. Bulls may have reacted to two positive developments for payments firm Ripple, as the company recently won key approvals to operate and offer services in Georgia and Dubai. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Voyager Token Jumps Last Week as $7.3M Worth of VGX Sent to Burn Address
The native token of bankrupt crypto brokerage firm Voyager Digital, VGX, surged by 20% on Friday after on-chain data revealed that a Voyager wallet sent 52 million tokens worth $7.3 million to a burn address. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin's Triangular Consolidation Offers Bullish Outlook: Technical Analysis
Bitcoin (BTC) appears to be consolidating into a triangular pattern, offering a positive outlook for the weeks ahead. The leading cryptocurrency by market value has carved out higher lows and lower highs between $33,000 and $35,0000 in the past seven days, forming a triangle on the bitcoin price chart. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Pepecoin Doubles to $500M Market Cap as Memecoin Fever Steals Bitcoin's ETF Thunder
Popular memecoin PEPE has doubled in a week to a $500 million market cap as traders anticipate the etchings of a bitcoin spot ETF-induced bull market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Solana Rallies Over 20% in Last Week: What's Behind the Move?
Solana (SOL) has risen more than 20% in the past week, outperforming the rest of the crypto market and defying worries of a potential fire sale by bankrupt crypto exchange FTX. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
YouTube Metrics Help Time Crypto Markets: Delphi Digital
Tracking changes in the viewership and subscriber base of popular crypto-related YouTube channels can offer insights into retail investor sentiment and impending market trends, according to data tracked by Delphi Digital. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."