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Bitcoin Could Drop to $86K Amid Sluggish Demand: CryptoQuant

A report from CryptoQuant shows that bitcoin could face a deeper pullback to $86,000 several metrics signaling risk. BTC demand, network activity and liquidity conditions remain sluggish, suggesting further downside pressure on prices. CoinDesk’s Christine Lee presents the “Chart of the Day."

Bitcoin Could Drop to $86K Amid Sluggish Demand: CryptoQuant

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MarketVector’s Memecoins Index Down Since TRUMP Token Introduction

MarketVector’s Memecoins Index continues to spiral down since the introduction of Trump token in January, and the ensuing "liquidity suck" that it caused. The apparent Libra token rug pull is the latest incident to negatively affect the Solana memecoin ecosystem. CoinDesk’s Christine Lee presents the “Chart of the Day."

MarketVector’s Memecoins Index Down Since TRUMP Token Introduction

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$1.65M ETH Burned to Warn of Potential Chinese Brain Computer Weapons

A programmer that calls himself “Hu Lezhi” has accused the CEO of Chinese hedge fund Kuande Investment of using brain-computer weapons to persecute all company employees. Over 600 ETH worth $1.6 million dollars were burned with messages. CoinDesk’s Christine Lee presents the “Chart of the Day."

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Short-term Bitcoin Holders Purchased 1.5M BTC Since Fall, Room To Grow

Short-term bitcoin holders have purchased 1.5 million bitcoin since September, taking the total to over 4 million bitcoin, according to Glassnode data. Historically, this is relatively low for a bull cycle, indicating there is room for more buying activity. CoinDesk's Christine Lee hosts "Chart of the Day."

CoinDesk

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Robinhood Soars Amid Q4 Surprise, Record Crypto Revenue

Robinhood shares skyrocketed Thursday after fourth-quarter results beat expectations amid record crypto transaction revenue. Coinbase is will also report after the market close. CoinDesk’s Christine Lee explains what to expect on “Chart of the Day."

CoinDesk

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Bullish Overseas Bitcoin Buyers Overtake U.S.

Overseas bitcoin buyers are taking the lead over U.S. traders, according to Bitcoin's Coinbase premium indicator. CoinDesk's Christine Lee explains why Asia is more bullish on crypto than America on "Chart of the Day."

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Videos

Ethereum L2's Big Profits as ETH Struggles

Ethereum Layer 2’s are raking in profits, leaving little left for Ethereum's foundational layer. How can this imbalance be resolved? CoinDesk's Christine Lee hosts "Chart of the Day."

Ethereum L2's Big Profits as ETH Struggles

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Record Wall Street Ethereum Short Positions

Speculators are building record Ethereum short positions in CME ether futures, while Ethereum spot ETFs are recording great inflows. Is the short squeeze around the corner? CoinDesk's Christine Lee hosts "Chart of the Day."

Record Wall Street Ethereum Short Positions

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U.S. January Jobs Fell Below Forecasts, Bitcoin Tops $100K

Job growth fell short of expectations in January, but unemployment came in lower than expected and December jobs were revised higher to 307,000 jobs. CoinDesk’s Christine Lee anchors “Chart of the Day.”

CoinDesk

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Berachain Launches Mainnet, BERA Peaks $14

BERA token peaked over $14 dollars Thursday as the much-hyper layer 1 Berachain launched on mainnet. Berachain airdropped almost 80 million of its 500 million BERA tokens, one of the biggest airdrops in recent years. CoinDesk’s Christine Lee anchors “Chart of the Day.”

Berachain Launches Mainnet, BERA Peaks $14