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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."

Abr 1, 2024

Leading crypto options exchange Deribit will settle bitcoin and ether's quarterly options contracts worth $9.5 billion and $5.7 billion, respectively. The $15 billion expiry, which is set to wipe out 40% and 43% of bitcoin and ether’s total notional open interest across maturities, is one of the largest in the exchange’s history, Deribit data show. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 28, 2024

Layer 1 Smart Contract Platform Internet Computer (ICP) gained 40% in the past week to a market cap above $8.8 billion. This comes after DFINITY Foundation founder Dominic Williams shared a video demonstrating an AI model running fully on a blockchain within a smart contract. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 27, 2024

Data from charting platform TradingView shows that the 90-day and 52-week correlation coefficient between bitcoin and Nasdaq-listed chip maker Nvidia has risen above 0.80. The positive correlation is noteworthy as several analysts believe the surge in NVDA represents an AI bubble that could soon burst. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 15, 2024

A new report from Coinbase Institutional analyzes the performance of bitcoin prior to and right after the previous halving cycles. The report explains why it's difficult to generalize patterns for bitcoin's price movement given the fact that there have only been three halving events in the past. Plus, how the success in spot bitcoin ETFs could influence bitcoin's reaction to the upcoming halving. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 14, 2024

TON Network's native token, toncoin (TON), has risen by more than 60% in two days after Pavel Durov, founder of messaging app Telegram, revealed plans for an initial public offering (IPO). CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 13, 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

Data from Deribit Metrics shows that the bitcoin call option at the $200,000 strike price had a notional open interest of over $20 million. The strike price is almost three times bitcoin’s going market rate of around $67,500. What does it say about the sentiment amid bitcoin's market? CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 8, 2024

"Kimchi premium" refers to the difference in bitcoin prices on Korean exchanges compared to global exchanges – and bitcoin is currently trading at a 10% premium in South Korea. The arbitrage was popularized by Sam Bankman-Fried and involves buying bitcoin on a global exchange and then selling it on a Korean exchange for profit. CoinDesk's Jennifer Sanasie presents the "The Chart of the Day."

Mar 7, 2024