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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."

Sep 19, 2023

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."

Sep 15, 2023

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."

Sep 14, 2023

The correlation between bitcoin (BTC) and its implied volatility, which refers to expectations for price turbulence over a specific period, has turned negative again for the first time since May, indicating investor concerns about moves to the downside. The shift from positive correlation comes amid concerns the looming $3 billion FTX liquidations could crater the crypto market. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Sep 13, 2023

Google Trends' values for the worldwide search query "cryptocurrency" over the past 10 years declined this week, seeing its lowest level in roughly three years. This implies dwindling general interest in digital assets. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Sep 8, 2023

Decentralized exchange Uniswap says that when we look at the distribution of liquidity across different price ranges in the Uniswap pool, liquidity providers (LPs) are currently supplying the most liquidity above ether (ETH)'s current price tick. This could mean Uniswap LPs are expressing an expectation of optimism and market upside for ETH on the whole. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Sep 7, 2023

XRP, which is among the world’s largest tokens by market capitalization, has lost nearly all of its July gains in August, despite robust trade volume. Kaiko data shows Ripple's partial court win against the SEC in July sent XRP to a yearly high of 83 cents, but now prices are back down to levels before the ruling. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Sep 5, 2023

According to data from Arkham, transactional activity on Friend.tech has slumped from $16 million on August 21 to just over $700,000 today. The decentralized social app has earned over $4.2 million in fees for creators. Total users of the platform have nearly doubled in the past week, according to data from Dune Analytics, but new users have steadily dropped over this period. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Aug 31, 2023

According to Kaiko data, Huobi’s market share has surged from 2-3% to 19% in just a couple of months. In the same time period, trade volume on the platform has seen a significant increase, despite rumors of insolvency and executive detentions sparking outflows at the beginning of August. Meantime, Binance losing some market share as it faces a lawsuit from the SEC. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Aug 30, 2023

Meme coin PEPE fell 22% this week after losing nearly 80% of its value since its peak in May, according to CoinDesk Market Index data. This comes as data tracked by Velo Data shows that Dogecoin (DOGE) is sluggish this year as well, with most of the bearish pressure coming during European hours. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Aug 29, 2023