SOTM Mar 21-27, 2024
Welcome to our 165th issue of State of the Market, where we provide an overview of crypto market activity from March 21 - 27, 2024. The DOJ & CFTC unveil new charges against KuCoin, claiming the exchange violated anti-money laundering & commodities [...]
Latest Research
How Many Bitcoins Are Permanently Lost?
Bitcoin’s whitepaper, which recently turned 11 years old, is so concise that it makes only a passing mention of supply: [...]
The Evolution of Ethereum Tokens
In 2015, Ethereum ushered in a new era for blockchains: the age of the token. Broadly defined, a “token” represents [...]
Macroeconomic Indicators for the Crypto-Economy
Just like a nation state’s economy has economic concepts (such as gross domestic product, inflation, and unemployment), a crypto asset [...]
The Signal and the Nonce: Hunting for ASICs in Nonce Distributions
The Great ASIC Debate. Since the early days of Bitcoin, the community has argued about whether to fight against increasingly powerful mining [...]
Bitfinex Market Share is Declining
Bitfinex, the controversial Hong Kong based exchange at the heart of ongoing investigations against Tether, has been one of the biggest [...]
BTC Is Close to $1B of All-time Fees, But Fee Growth is Slowing
BTC is close to eclipsing $1 billion of cumulative, all-time transaction fees. As of October 13th, there have been $996,458,718 [...]
Tezos Market Cap Bounced Back in 2019, But Still Has Little Usage
After a controversial start, Tezos (XTZ) has bounced back in 2019. Since the start of 2019, XTZ’s market cap has grown [...]
Large Market Sell-Off + BTC Hash Rate Dip
A double header this week: This week’s issue has two weekly features. The first is about the recent market sell-off, [...]
Stellar Airdrops Are Mostly Transferred to Exchanges or Unclaimed
Stellar Airdrops Are Mostly Transferred to Exchanges or Unclaimed On November 6th, 2018, Blockchain.com announced it was creating the “largest crypto giveaway [...]