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 Mar 14-20, 2024
Welcome to our 164th issue of State of the Market, where we provide an overview of crypto market activity from March 14 - 20, 2024. BlackRock partners with tokenization firm Securitize to create an on-chain "Digital Liquidity Fund," with their BUIDL token offering daily yield A $643M outflow from Grayscale's GBTC sends [...]
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SOTM March 2-8, 2023
Once hailed as the gateway to mass adoption, institutions have been no silver bullet for crypto's liquidity woes. After losing [...]
SOTM February 23-March 1, 2023
With regulators refusing to turn the page, crypto companies are taking extra time to get their papers in order. Though [...]
SOTM February 16-22, 2023
The latest Fed minutes left investors second-guessing how long the rate hike cycle would last. The majority of Federal Reserve [...]
SOTM February 9-15, 2023
After months of kicking the regulatory clarity can, Gensler's SEC is putting their foot down on crypto compliance. Following Thursday's [...]
No Ordinary Number: Exploring Bitcoin Ordinal NFTs
In this State of the Network, we dig into the data behind an emergent use case for Bitcoin blockspace.
SOTM February 2-8, 2023
Crypto's own "Operation Choke Point" is allegedly under way as the long arm of the law tightens its grip on [...]
SOTM January 26-February 1, 2023
This week the market told the Fed to take a hike, with CME's Federal Fund futures pricing in a near-99% [...]
SOTM January 19-25, 2023
The Layer-1 era has returned, with base-level blockchains booming amid a mass migration of dApps and NFT projects. Among a [...]
SOTM January 12-18, 2023
Bitcoin spent the week teasing traders with a taste of $20K, as easing inflation & heightened enforcement offered mixed signals [...]