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CoinDesk 20 members’ performance
Crypto Trends

BTC Market Cap Tops $2.2T as Derivatives, Sentiment Signal Pricing Upside

by admin May 24, 2025



Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.

Shaurya holds over $1,000 in BTC, ETH, SOL, AVAX, SUSHI, CRV, NEAR, YFI, YFII, SHIB, DOGE, USDT, USDC, BNB, MANA, MLN, LINK, XMR, ALGO, VET, CAKE, AAVE, COMP, ROOK, TRX, SNX, RUNE, FTM, ZIL, KSM, ENJ, CKB, JOE, GHST, PERP, BTRFLY, OHM, BANANA, ROME, BURGER, SPIRIT, and ORCA.

He provides over $1,000 to liquidity pools on Compound, Curve, SushiSwap, PancakeSwap, BurgerSwap, Orca, AnySwap, SpiritSwap, Rook Protocol, Yearn Finance, Synthetix, Harvest, Redacted Cartel, OlympusDAO, Rome, Trader Joe, and SUN.



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May 24, 2025 0 comments
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Trend Accumulation Score By Cohort (Glassnode)
NFT Gaming

BTC Enters Strongest Accumulation Phase Since January as Bitcoin Price Tops $110K

by admin May 23, 2025



Bitcoin

has entered a strong accumulation phase across all wallet cohorts for the first time since January, signaling renewed bullish sentiment as the largest cryptocurrency trades above $110,000, an 18% gain over the past month.

Glassnode’s Accumulation Trend Score has reached its maximum value of 1.0, indicating broad-based, aggressive accumulation by investors irrespective of the amount of BTC they already hold. The metric evaluates the relative strength of buying by different wallet sizes, factoring in both their existing holdings and the amount acquired over the past 15 days. It excludes exchanges and miners to avoid distortion.

The latest accumulation wave began in early May, led by whales holding over 10,000 BTC. As the price began to climb, cohorts with smaller holdings followed, intensifying their accumulation behavior.

This marks a significant shift from the January-to-April period, when most cohorts were in reducing their holdings as bitcoin tumbled from its then-record high of $109,000 to lows around $75,000.

Trend Accumulation Score By Cohort (Glassnode)

The renewed demand is supported by options market activity, with CoinDesk Research highlighting large bullish positions. The $300,000 strike for June expiry has become the most popular call option, with $620 million in notional value, and an additional $420 million is concentrated around the $200,000 strike.

Open Interest By Strike Price (Deribit)

While bitcoin historically tends to fall after hitting an all-time high due to profit-taking, traditional assets like the S&P 500 and gold often extend their rallies in similar scenarios. If bitcoin were to follow this more mature asset behavior, it may signal the beginning of a sustained bull cycle, a trend many in the market are now watching closely.



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May 23, 2025 0 comments
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The Elder Scrolls 4: Oblivion Remastered tops April sales, becoming 2025's third-biggest selling game | US Monthly Charts
Esports

The Elder Scrolls 4: Oblivion Remastered tops April sales, becoming 2025’s third-biggest selling game | US Monthly Charts

by admin May 22, 2025


The Elder Scrolls 4: Oblivion Remastered topped Circana’s charts for US game sales in April 2025 – becoming the third best-selling game of the year to date – while video game spending across games, hardware, and accessories all slipped a little year-on-year, by 2%, 8%, and 2%, respectively.

As noted by analysts Circana, The Elder Scrolls 4: Oblivion: Remastered sold more units in April 2025 than The Elder Scrolls 4: Oblivion achieved across its first 15 months in market combined. It has also generated more “full game dollar sales” than the original’s first 14 months combined.

As detailed by Circana’s executive director, Mat Piscatella, Forza Horizon 5 was the second-best-selling game after its PS5 debut, whilst Indiana Jones and the Great Circle – which also jumped to PS5 this month – came in in third position. Four of the top five – and five of the top seven – best-selling PlayStation games were published by Microsoft.

In news unlikely to surprise you, Call of Duty HQ led all titles when it comes to monthly active users, but Schedule 1 boasted the biggest active users in April on Steam. Monopoly Go!, Royal Match, and Candy Crush Saga were the biggest games in terms of consumer spending in April.

Hardware sales in April fell to $186 million – that’s down 8% year-on-year, and the “lowest monthly hardware dollar sales total reached in the US market since July 2020. While both PS5 and Switch hardware sales were down – the latter by a considerable 37% – Xbox bucked the trend by seeing Xbox Series sales increase by 8%. Accessory spending was down 2% YoY.

“While April 2025 showed a slight decline in the U.S. mobile games market compared to March, several top games continued to perform strongly,” said Lexi Wei of Sensor Tower.

“Gossip Harbor: Merge & Story experienced the most significant ranking improvement this month, climbing five spots to enter the top ten at #9. This surge was driven by a 9.8% increase in consumer spending, largely attributed to the Easter Jamboree event launched on April 10, which introduced new decorative content and gameplay elements.”

Here are the top 20 selling games from the period April 6 to May 3, 2025, data courtesy of Circana:

Rank
Last month rank
Title

1
NEW
The Elder Scrolls 4: Oblivion: Remastered

2
42
Forza Horizon 5

3
2
MLB: The Show 25^

4
11
Minecraft^^

5
1
Assassin’s Creed: Shadows

6
118
Indiana Jones and the Great Circle

7
6
Call of Duty: Black Ops 6

8
4
WWE 2k25

9
8
NBA 2K25

10
7
PGA Tour 2K25

11
3
Monster Hunter: Wilds

12
5
Split Fiction

13
23
The Last of Us: Part 2

14
13
EA Sports FC 25

15
12
Grand Theft Auto 5

16
14
Red Dead Redemption 2

17
29
The Elder Scrolls: Online

18
16
Elden Ring

19
10
Kingdom Come: Deliverance 2

20
21
Hogwarts Legacy

^ Digital sales on Nintendo and Xbox platforms not included

^^ Digital sales on Nintendo platforms not included



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May 22, 2025 0 comments
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