Exploring the Impacts of ETH ETF Approvals
In this issue of Coin Metrics’ State of the Network, we gauge the market reaction and network implications in the wake of SEC’s approval for spot Ether ETFs in the US.
Latest Research
SOTM September 30-October 6, 2021
Gradually, then suddenly. The Earnest Hemmingway line on bankruptcy applies well to the past week's Bitcoin price action.. After retreating [...]
The State of the Network Q3 2021 Wrap-Up
In this special edition of State of the Network we take a data-driven look at crypto’s biggest storylines of Q3, [...]
SOTM September 23-29, 2021
The market-wide risk-off sentiment continued this week as we continued to trade the chop. Last Friday, the asset class pulled [...]
Digging into Uniswap DEX Data
Decentralized exchanges (DEXes) have quickly emerged as essential systems to trade crypto assets in the rapidly innovating sector of decentralized [...]
SOTM September 16-22, 2021
Volatility picked up this week as we moved in on the futures and options expiration for September. Selling picked up [...]
The Rise of NFTs: A Data-Driven Overview of Non-Fungible Tokens
The following is adapted from an in-depth, data-driven research report covering the rise of NFTs (https://coinmetrics.io/the-rise-of-nfts/). NFTs have become one [...]
SOTM September 9-15, 2021
Markets remained flat this week following a slight recovery from last week's pullback. Bitcoin currently trades around $48k and Ethereum [...]
Measuring Crypto Usage and Adoption
Crypto usage can be tricky to measure. Although all transaction data is public, it can be difficult to tell how [...]
SOTM September 2-8, 2021
Last week we noted that open interest was once again increasing, and this week a good portion of that was [...]