Kaiko

Data tracked by Kaiko shows that the spread between bitcoin and ether’s annualized 30-day historical volatility has increased to the highest in at least a year. What are the catalysts for bitcoin’s increased volatility? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Apr 1, 2024

Data from Kaiko shows that the bitcoin to gold ratio, which measures the relative performance of the two assets, is getting close to its all-time high from November 2021, an indication that the largest cryptocurrency by market cap is outperforming gold. Does this mean that bitcoin will replace gold as the ultimate store of value? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 19, 2024

According to data tracked by Kaiko, less than 2,000 millionaires, or wallets with $1 million worth of bitcoin, are created daily. The number is significantly lower than the last bull run, which bred over 4,000 millionaire wallets per day and over 2,000 wallets with a $10 million balance per day. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 12, 2024

Data from analytics firm Kaiko shows that the share of bitcoin traded on weekends has declined significantly over the past six years, a suggestion of worsening liquidity conditions during the weekends. Only 13% of all bitcoin transactions between January 1 and February 20 were executed over the weekend in 2024. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 11, 2024

Bitcoin's price rally may face temporary resistance as the climb to a record high seems to have spurred profit-taking among BTC holders. Data tracked by Kaiko shows an imbalance between potential sellers and buyers in bitcoin's aggregated order book across 33 centralized exchanges. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 6, 2024

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."

Jan 16, 2024

Bitcoin (BTC) dropped to the $40,000 level from around $45,000 last Wednesday after a flash crash. Data from Kaiko Research noted that the rise in price slippage on Jan. 2 suggested a worsening in bitcoin's liquidity. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Jan 9, 2024

Kaiko data shows that for the first time since 2021, the SOL to ETH price ratio saw a major turnaround, as the Solana network recovers following FTX's implosion. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Dec 21, 2023

According to Kaiko data, crypto exchange Bybit grew from 1% to 9% market share this year. Coinbase's market share sits at just under 8%, while OKX joins ByBit at the 9% mark. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Dec 18, 2023

Bitcoin's (BTC) 60-day correlation with the Nasdaq 100 turned negative in December according to data from Kaiko. This is the first time the correlation dropped below 0% this year. What does the correlation mean for the crypto market's next moves? CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Dec 14, 2023