SOTM May 23-29, 2024
Welcome to our 174th issue of State of the Market, where we provide an overview of crypto market activity from May 23 - 29, 2024. The SEC approves eight 19b-4 applications for spot ETH ETFs, with the Biden administration taking a notable [...]
Latest Research
Smart Contract Platforms Lead the Market to New All-Time Highs
The Coin Metrics CMBI10 index hit new all-time highs this past week as bullishness picks up across the market. The CMBI10 [...]
SOTM October 28-November 3, 2021
The market continues to melt-up. While Bitcoin remained trading in a relatively flat range, Ethereum and other layer 1s marched [...]
Revisiting the Myth of Bitcoin Ownership Concentration
With the price of bitcoin floating around an all-time high, almost all holders of bitcoin today are in the green. [...]
SOTM October 21-27, 2021
The momentum has cooled down a bit as we move away from the ETF listing. Bitcoin retraced a portion of [...]
Unpacking the data behind bitcoin’s new all-time high and inaugural ETF launch
After a 189-day gap between its last all-time high, bitcoin’s price soared to new heights on October 20th, breaking above [...]
SOTM October 14-20, 2021
The past week has been one for the record books for multiple reasons: the start of trading for the first [...]
Bitcoin Bullishness Returns As ETF Launches
On Friday October 15th BTC broke above $60K for the first time since April of this year. With the first [...]
SOTM October 7-13, 2021
The risk-on sentiment continues this week as we march closer towards potential ETF approval. At the time of writing, Bitcoin [...]
Are BTC and ETH Spot Markets Maturing? Assessing the Health of Crypto Market Structure Using Order Book Data
In just a little over two weeks, October 31st will mark the 13th anniversary of the release of the Bitcoin white [...]