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Worldcoin Token Drops After OpenAI Ousts Sam Altman as CEO

The token associated with Sam Altman's eye-scanning cryptocurrency project dropped as low as 12% last Friday, after artificial intelligence company OpenAI ousted Sam Altman as CEO and from the board. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Key Metric of Dogecoin Futures Jumps in Past 24 Hours

Trading interest in DOGE bets rose over 40% in the past 24 hours to reach the most since April. An increase in leveraged bets came after a 12% surge on Thursday as one company said it planned to send a physical Dogecoin token to the moon. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Crypto Bulls Were Hit by $300M in Liquidations Earlier This Week

On Tuesday, crypto traders endured $307 million in liquidations of leveraged crypto long positions, or bets on higher prices, marking the largest leveraged long wipe-out in three months. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Reddit Token MOON Rockets Amid Hopes of Project Revival

Prices of MOON token, which is tied to the shuttered Community Points program of Reddit, is continuing to surge as some moderators banded to revive the project and continue it independently. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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GROK Dumps 50% as Links to Failed Projects Pauses AI-Inspired Token's Rally

GROK, an X AI-inspired token, lost nearly $100 million in capitalization in the past 24 hours as its developer was linked to projects that previously failed to gain traction, drawing eyeballs from market observers. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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A Closer Look at BTC Volumes and the Likelihood of a Spot Bitcoin ETF Approval

A recent report by Kaiko uses a minute-by-minute analysis of the most volatile periods to better assess the likelihood of a spot bitcoin ETF approval in the U.S. This comes as the Securities and Exchange Commission (SEC) has cited a lack of surveillance sharing as a reason for denying previous spot bitcoin ETF applications. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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New Cryptocurrencies Getting Created at Slowest Pace in Three Years: CertiK Data

Excluding memecoins, the amount of new token creation dropped during the third quarter of this year to the lowest level since at least the start of 2021, according to blockchain smart-contract auditor Certik. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Bitcoin Mining Stocks Climb This Week as BTC Hovers Near 17-Month High

Bitcoin mining stocks soared Thursday as bitcoin (BTC) itself traded around a 17-month high. Shares of U.S.-listed mining companies such as Marathon Digital (MARA), Riot Platforms (RIOT) and CleanSpark (CLSK) rallied during the day amid a wider surge in equities. The largest cryptocurrency by market cap is currently trading around $34,500. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Curve Finance’s Stablecoin Maintains Peg as Others Struggle: Kaiko

Curve Finance's stablecoin, crvUSD, is maintaining its peg as other stablecoins struggle, emerging as a rare bright spot amidst a bear market that has hit DeFi protocols especially hard, according to Kaiko data. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Why Inflation Data Matters for the Price of Bitcoin

The year-on-year percentage change in the U.S. consumer price index from 2013 to date looks eerily similar to the 1970s, according to Game of Trades. If history is a guide, inflation may rebound in the coming months, boosting demand for perceived store-of-value assets. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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