Parker Merritt is a Solutions Engineer and research contributor at Coin Metrics, where he works closely with clients to cultivate innovative frameworks for analyzing cryptoassets. He also authors the weekly State of the Market newsletter, and specializes in topics such as Bitcoin mining and data visualization. Prior to joining Coin Metrics, he worked in technical sales and studied mechanical engineering at the University of Florida.
SOTM Feb 22-28, 2024
Welcome to our 161st issue of State of the Market, where we provide an overview of crypto market activity from February 22 - 28, 2024. Bitcoin surges beyond $63K as a storm of ETF inflows fuel buy pressure, with the cohort of funds capturing $673M in net inflows on Wednesday [...]
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SOTM June 30-July 6, 2022
Legal proceedings have consumed the digital asset industry, leaving many investors frustrated with their findings in the fine print. On [...]
SOTM June 23-29, 2022
Crypto companies are undergoing major shake-ups as bailouts and bad earnings spur a series of corporate reorgs. Hedge fund Morgan [...]
The State of the Network Q2 2022 Mining Data Special
In last week’s State of the Network we noted that the most active Bitcoin miners have likely been moving around their coins amid increased [...]
SOTM June 16-22, 2022
The liquidation cascade has swelled into a tsunami as crypto firms nervously eye even their most credible counterparties. As the [...]
Following Flows IV: Pruning Payouts
This week’s State of the Network adds to our “Following Flows” series of research devoted to understanding miners’ blockchain activity. Bitcoin [...]
SOTM June 9-15, 2022
The crypto rumor mill is churning with accusations of insolvency as leverage begins to unwind across the ecosystem. Second-order effects [...]
SOTM June 2-8, 2022
Hawkishness is back in vogue as central banks nix stimulus in an effort to curb decades-high inflation. On the heels [...]
SOTM May 26-June 1, 2022
Crypto markets are struggling to regain composure as Bitcoin staggers around the $30K level. This week was characterized by more [...]
SOTM May 19-25, 2022
Though the crypto slump has reached a state of strained stasis, investors remain wary of the market's downward momentum. For [...]