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 7-13, 2024
Welcome to our 163rd issue of State of the Market, where we provide an overview of crypto market activity from March 7 - 13, 2024. Ethereum executes its 2nd major upgrade since the Merge, activating EIP-4844 to introduce dedicated "blobspace" for Layer-2 settlement Bitcoin ETFs continue to shatter records with an [...]
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SOTM January 5-11, 2023
Even as Bitcoin eyes $19K and Grayscale's GBTC discount narrows, many investors are steering clear, anxiously waiting for the last [...]
SOTM December 29-January 4, 2023
Investors were in no mood to celebrate Bitcoin's 14th birthday, though the ongoing liquidity crunch has been a gift to [...]
SOTM December 22-28, 2022
The weather outside is frightful, with frigid headwinds battering crypto on multiple fronts heading into 2023. As record-setting freezes grip [...]
SOTM December 15-21, 2022
In the depths of crypto winter, FTX executives are home for the holidays. After a brief stint in a Bahamian [...]
SOTM December 8-14, 2022
Investors better not pout about Powell's December rate raise— following 4 consecutive 75 basis point hikes, 50 bps is hardly [...]
State of the Network’s Q4 2022 Mining Data Special
In this special edition of State of the Network, we take a data-driven look at the Bitcoin mining ecosystem in [...]
SOTM December 1-7, 2022
The slow motion car-crash of crypto contagion is gradually losing momentum as investors cautiously settle into the post-FTX era. Make [...]
SOTM November 24-30, 2022
Disgraced crypto kingpin Sam Bankman-Fried continues to command the spotlight, airing apologies for FTX's failure on a variety of primetime [...]
SOTM November 10-16, 2022
"We got overconfident and careless." One week post-FTX implosion, ex-CEO Sam Bankman-Fried turns to Twitter to plead his case. Sam [...]