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Bitcoin's Rising Dominance Rate Threatens Altcoin Boom From 2021
Bitcoin's (BTC) dominance rate, or share in the overall crypto market, is continuing to rise and threatening to reverse altcoin gains from early 2021. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Bitcoin's Price Stable as Hamas Attack on Israel Jolts Broader Markets
Bitcoin (BTC)'s price is showing signs of resilience, even as broader equity markets slid and oil prices rose as traders reacted to Hamas launching a surprise attack against Israel. Arca co-founder and CEO Rayne Steinberg shares his crypto markets outlook.

Ether Hit Lowest Price Compared to Bitcoin Since July 2022
Ether (ETH) is hovering above $1,600 after dropping to its lowest price compared to bitcoin since July 2022, as the launch of futures-based ETH ETFs attracted meager interest from investors. The ether-to-bitcoin price ratio also dropped to a fresh 15-month low this week. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Crypto VC Funding Down 33% in Worst Quarter Since 2020: DefiLlama
Crypto companies and DeFi projects just closed their worst quarter since 2020, with the sector securing just over $1 billion in venture capital as the chill of crypto winter drags on. DefiLlama data suggests the amount of venture funding dried up by 77% year-over-year from September 2022, when the industry bagged $1.5 billion. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

ETH Slumps Amid Slow Start for Ether Futures ETFs
It was a slow start for futures-based ether exchange-traded funds (ETFs) on their first day of trading. A total of nine of the ETFs offering exposure to ether futures came to market on Monday. Five will hold only ether futures, while four will hold a mix of bitcoin and ether futures. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Technical Analysis Indicator Flashes Bullish Signal for Ether
Ether's (ETH) immediate prospects look positive as a technical analysis indicator, known to mark turning points in the market, is flashing a bullish signal. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

95% of NFTs May Now Be Worthless, Report Suggests
Most non-fungible tokens (NFTs) may now be worthless, less than two years after crypto's most recent bull run, a report by dappGambl suggests. The recent study is based on data provided by NFT Scan and CoinMarketCap and examined more than 73,000 NFT collections found that over 95% of them had a market cap of 0 ETH. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Binance.US Weekly Trading Volume Declines Amid Growing Regulatory Pressure
The weekly trading volume of Binance.US, the American wing of the world's largest cryptocurrency exchange, has fallen from a yearly high of nearly $5 billion to just $40 million, according to Kaiko data. This comes as global regulators scrutinize Binance and other centralized exchanges. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Crypto Traders Grow Bearish as Aptos Plans $103M APT Token Unlock in November: Data
TokenUnlocks data shows Aptos, a Layer 1 protocol founded by ex-Facebook employees, will release 20 million APT tokens worth over $100 million this November. Tokens are often locked to keep the big bag holders from liquidating their holdings all at once, for such an act would crater the market value. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Mainstream Interest in Crypto Remains Low Amid Declining U.S. Disposable Income: Data
Disposable income of U.S. households continues to sink, according to key indicators tracked by investment banks. Lower disposable income or money available after adjusting taxes means lower consumption and investment in risk assets, including cryptocurrencies. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
