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The crypto market is in the red but altcoin liquidity has improved significantly this year. According to data from Kaiko, the aggregated 1% depth for the top ten altcoins by market cap mounts up to around $162 million, a 38% increase compared to the 2023 average. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Jul 5, 2024

Political finance meme tokens are taking a hit as the 2024 presidential election heats up. CoinGecko data shows that Solana-based Jeo Boden meme coin has dropped 70% in the past week following the President's poor performance during the debate. Trump-themed tokens are also down with TRUMP and TREMP tokens both down double digits on the day. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Jul 3, 2024

Solana's native token SOL is on the rise following VanEck and 21Shares' announcements of their spot SOL ETF filings last week. The overall crypto market remains flat in reaction to the news but SOL's cumulative volume delta returns positive over the past week. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."

Jul 2, 2024

The Kaspa blockchain’s KAS token is the best-performing top 100 cryptocurrency in terms of market value of the past seven days. The token has surged 26% in a week. Jennifer Sanasie presents "Chart of the Day"

Jun 30, 2024

Immunefi says more than $900 million was lost to hacks and fraud this year. In Q2 alone, $572 million was stolen. This represents a 112% increase compared to Q2 last year. Watch Jennifer Sanasie present the "Chart of the Day."

Jun 27, 2024

Bitcoin has carved out a double-top price pattern, signaling a potential bearish trend. 10x Research founder, Markus Thielen said, "Technically, bitcoin appears to follow a double top formation, whereas the support level is being tested. This chart formation should be our base case unless it becomes invalidated. This formation could easily see a drop to $50,000— if not $45,000." Watch CoinDesk's Jennifer Sanasie unpack this data on "Chart of the Day."

Jun 24, 2024

TON meme coins Resistance Dog and The Resistance Cat have skyrocketed despite the broad crypto market pullback. Resistance Dog is up over 45% in the past 7 days and The Resistance Cat jumped 44.5% on the day. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Jun 17, 2024

The tech-heavy Nasdaq Composite Index reached its all-time high this week but bitcoin has seen declines of more than 3% in the past 7 days, deviating from its usually positive correlation with the Nasdaq. CoinDesk's Michele Musso presents "The Chart of the Day" and explains why crypto-specific factors like profit-taking by holders and increased selling by miners seem to be holding back the BTC price.

Jun 14, 2024

Bitcoin (BTC) has been trading under pressure following the Fed's hawkish interest rate projections on Wednesday, but some analysts remain bullish on the leading cryptocurrency. 10x Research founder Markus Thielen said in a note to clients that lower CPI numbers tend to drive bitcoin prices up and they expect this trend to continue. CoinDesk's Michele Musso presents "The Chart of the Day."

Jun 13, 2024

Losses in GameStop (GME) shares have spread to meme tokens that tend to mirror the stock’s movements. The Solana-based meme token GME, which parodies the company, slid more than 10% on the day. Related tokens like Roaring Kitty and other cat-themed tokens lost an average of at least 5%, according to data tracked by CoinGecko. CoinDesk's Helene Braun presents "The Chart of the Day."

Jun 11, 2024