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Crypto Fear & Greed Index Jumps to Highest Since November 2021

The Crypto Fear & Greed Index, a key gauge of investor sentiment, has jumped to its highest level since November 2021, suggesting bitcoin's recent bull run might take a breather. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Bitcoin Pares Some Gains as BlackRock Spot ETF Ticker Pulled From DTCC Website

Bitcoin (BTC) is erasing some gains after surpassing $35,000. The moves comes as the ticker for BlackRock's (BLK) spot bitcoin ETF – IBTC – was removed from the Depository Trust & Clearing Corporation's (DTCC) website. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Spot Bitcoin ETF Approvals Could Add $1 Trillion to Crypto Market Cap: CryptoQuant

Bitcoin will become a $900 billion asset and the total crypto market will grow by $1 trillion, should the bitcoin spot exchange-traded funds (ETFs) be approved in the U.S., data analytics firm CryptoQuant wrote in a recent report. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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GameFi Token BIGTIME Skyrockets in First Week of Existence

The price of BIGTIME, the native token of blockchain-powered multiplayer game Big Time, has surged since its debut. However, some analysts view the rally with skepticism. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Ethereum Validator Queue Has Nearly Cleared Out, Signaling Weak Staking Demand

Ethereum’s once-crowded queue for new validators on the blockchain has almost completely cleared out, which could suggest a slowdown in the growth of staked ether (ETH). CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Could History Repeat Itself? Fed Officials Favoring Rate Pause Revives Memories of Bitcoin's 2019 Surge

U.S. Fed officials are leaning in favor of a pause in hiking interest rates, strengthening hopes that the tightening cycle has ended and bitcoin (BTC) could be due for a bullish breakout. Jennifer Sanasie presents "The Chart of the Day."

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Tornado Cash Trading Volumes Plunged After U.S. Sanctions: TRM Labs

Overall usage of crypto mixer Tornado Cash dropped 90% following U.S. sanctions, a new report from blockchain analytics firm TRM Labs shows. The U.S. Department of Justice has alleged the service was used to launder more than $1 billion in illicit funds, including by North Korean hacker group Lazarus. Jennifer Sanasie presents "The Chart of the Day."

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Billionaire Paul Tudor Jones Backs Bitcoin and Gold as Geopolitical Risks Rise

Hedge fund giant Paul Tudor Jones told CNBC that geopolitical risk and rising U.S. government debt levels make it difficult to own stocks, but bitcoin and gold are attractive options. CoinRoutes CEO and co-founder Dave Weisberger weighs in.

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Crypto Traders See Over $100M in Liquidation Losses Amid Middle East Turmoil

CoinGlass data shows crypto traders suffered over $100 million of losses from liquidations following the unprecedented Hamas attack on Israel. First Mover host Lawrence Lewitinn and CoinDesk's chief content officer Michael J. Casey discuss what is happening in the crypto markets.

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XRP Pares Gains After Judge Denies SEC’s Motion to Appeal Loss in Ripple Case

A federal judge has rejected the SEC's bid to appeal its loss against Ripple, the crypto firm associated with the XRP token, saying that the agency had failed to show that there are substantial grounds for differences of opinion. XRP's price rallied about 5% on the news earlier this week before retreating. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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