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Chainlink's LINK Has Another Stellar Week
It’s been a standout week for Chainlink’s native token. LINK is the only member of the CoinDesk 20 to return positively week-on- week. When looking at market capitalization, LINK also now ranks eighth among the CoinDesk 20. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin's Price Outlook as 'Buy The Dip' Sentiment Prevails
Bitcoin's (BTC) price inched above $43,000 in the last 24 hours on Monday after a relatively flat weekend, showcasing a recent pattern of low volatility ahead of the U.S. trading hours. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Chainlink's LINK Token Notches 22-Month High
Chainlink's (LINK) surged to a 22-month high on Friday, ending a three-month bull breather for the token of the leading decentralized oracle network. This comes as the CoinDesk 20 Index, which measures the performance of the largest 20 digital assets by market capitalization from the CoinDesk Market Index (CMI), is finishing the week in the green. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitwise Compares Trading Volume of Coinbase and Uniswap
Bitwise Asset Management’s Ryan Rasmussen shared a chart on X that takes a closer look at the difference between trading volume for Uniswap and Coinbase. CoinDesk's Jennifer Sanasie breaks down the details on today's "Chart of the Day."
A Vibe Check on Bitcoin's Price: Will the Sell-Off Continue?
The Bitcoin Trend Indicator, which is an online tool created by CoinDesk subsidiary CoinDesk Indices, aims to help investors determine where the price of bitcoin (BTC) is going. It recently turned to neutral, after previously signaling a “significant uptrend” earlier this month. Will BTC's recent volatility following spot bitcoin ETF approvals in the U.S. continue? CoinDesk's Amitoj Singh presents "The Chart of the Day."
Here's Why Ether Could Surge in 2024
Investors are likely to have a relook at ether as the spot ETF narrative gathers steam and Ethereum remains the dominant chain in the DeFi and NFT world, according to analysts. CoinDesk's Amitoj Singh presents "The Chart of the Day."
Crypto Crime: Illicit Activity Represents Under 0.5% of On-Chain Activity in 2023
In its latest report, on-chain analytics firm, Chainalysis says that the total dollar amount of cryptocurrencies received by illicit addresses was down in 2023. $24.2B was received by illicit addresses representing sanctioned entities, scams, and more. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Lil Pudgy’s Floor Price Increased by 172% Over the Past Month: Nansen
Data from Nansen shows that the Lil Pudgy’s floor price has increased by a whopping 172% over the past 30 days, making it the best performing NFT with a minimum of 1,000 ETH volume. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin's 'Sell The News' Pullback Came From Binance, OKX: Kaiko
Bitcoin (BTC) has come under pressure since spot exchange-traded funds (ETF) began trading in the U.S. last Thursday. Data tracked by Kaiko shows the selling pressure has been concentrated on Binance, the leading crypto exchange by trading volumes, and others. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Bitcoin Miner Outflows Hit Six-Year Highs Ahead of Halving
Data tracked by CryptoQuant shows that miners are moving bitcoin to exchanges, likely because of a need to build more liquidity in anticipation of higher capital expenditures. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."