Christine-Lee

Data from Glassnode reveals the daily dollar value of short bets in the bitcoin futures market liquidated since August. On Thursday, centralized exchanges liquidated short positions worth $61.8 million, the highest since Sept. 9, taking out overleveraged bears from the market as bitcoin jumped to a two-month high. Christine Lee presents "The Chart of the Day."

Jan 13, 2023

Bitcoin is now up about 14% this year after falling 63% in 2022. This comes as U.S. inflation data showed consumer price index (CPI) slipped 0.1% in December and rose 6.5 percent over the last 12 months, in line with expectations. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Jan 12, 2023

Grayscale Bitcoin Trust's early 2023 rally outpaced that of its underlying bitcoin holdings, significantly narrowing its discount to the net asset value. The closed-end trust with more than $10 billion in assets under management is up 17.5% to begin the year versus about a 5% advance in the price of bitcoin to its current $17,300. Grayscale and CoinDesk are both owned by parent company DCG. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Jan 10, 2023

Bitcoin (BTC) is trading around $17,300, hitting a three-week high as traders in both crypto and traditional markets see the slowdown in U.S. services businesses as a sign that the Federal Reserve might be able to ease up on its push to tighten financial conditions. "All About Bitcoin" host Christine Lee breaks down "The Chart of The Day."

Jan 9, 2023

CoinDesk Indices research shows that per unit of risk, bitcoin and ether performed significantly better than bonds and had similar results to equities in 2022. "All About Bitcoin" host Christine Lee presents "The Chart of the Day."

Dec 29, 2022

Bitcoin (BTC) is drifting slightly lower Wednesday, but not by much, as investors continue their year-end hibernation. The largest cryptocurrency by market capitalization has remained resilient above the $16,000 support level, despite the widening fallout from the implosion of crypto exchange FTX. "All About Bitcoin" host Christine Lee presents "The Chart of the Day."

Dec 28, 2022

The bitcoin mining hashrate, a measure of computing power on the blockchain, dropped about 100 exahash per second (EH/s), or 40%, to 156 EH/s, between Dec. 21 and Dec. 24, as a powerful storm swept across North America. It returned to about 250 EH/s as of Sunday. Christine Lee presents "The Chart of the Day."

Dec 27, 2022

Money is searching for quality in both traditional and digital assets, as investors appear to favor safety above all right now. CoinDesk Indices (CDI) data shows the Currency Select Index (CCYS), anchored by bitcoin (BTC), and the Smart Contract Platform Index (SCPX), anchored by ether (ETH), outperforming other select sectors within the CMI universe. "All About Bitcoin" host Christine Lee presents the Chart of the Day.

Dec 21, 2022

Bitcoin (BTC)'s reliable inverse relationship to the U.S. dollar index holding strong for the better part of 2022, but turning positive between Nov. 9 and Nov. 27, largely related to the collapse of crypto exchange FTX. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

Dec 20, 2022

Market makers' share of crypto options trading volume settled through OTC platform Paradigm has increased as hedge funds, family offices and high-net worth individuals sit on the fence. And it appears the situation could persist for some time. "All About Bitcoin" host Christine Lee presents the Chart of the Day.

Dec 19, 2022