Diving deep on everything from the foundational to the bleeding edge
By Coin Metrics|2021-03-24T19:08:38+00:00March 22, 2021|Nate Maddrey, Original Research|
Ethereum adoption is growing like never before. Decentralized finance (DeFi) continues its rapid rise, stablecoins are being adopted around the world, and NFTs are becoming an everyday topic of conversation. Ethereum’s usage is a great sign for the long-term prospects [...]
By Coin Metrics|2021-03-09T01:53:10+00:00March 8, 2021|Karim Helmy, Original Research|
Ethereum and Mining The Ethereum community has always had a somewhat strained relationship with miners. The network’s proof of work algorithm, Ethash, was explicitly designed to be resistant to ASIC mining and hence miner professionalization. Since then, the network’s migration [...]
By Coin Metrics|2021-02-23T16:22:58+00:00February 22, 2021|Karim Helmy, Original Research|
Miners are frequently blamed for causing dips in the price of Bitcoin. These accusations are often unsubstantiated—worse still, they’re sometimes based on faulty metrics that conflate mining pool payouts with miner spending, ultimately misleading their users. Accurately assessing the degree [...]
By Coin Metrics|2021-02-05T20:58:41+00:00November 24, 2020|Lucas Nuzzi, Original Research|
A pandemic, followed by global societal shutdowns, followed by rampant social unrest, followed by increased political polarization, followed by unprecedented levels of monetary interventionism. This has been 2020. And in the midst of all of this uncertainty and chaos, a [...]
By Coin Metrics|2021-02-05T21:15:41+00:00November 17, 2020|Nate Maddrey, Original Research|
Decentralized finance (DeFi) took over the crypto world during the summer. But it cooled off after September, and has taken a back seat to BTC and ETH since. In this week’s Feature, we explore the rapid rise of DeFi tokens [...]
By Coin Metrics|2021-02-05T21:17:20+00:00November 10, 2020|Lucas Nuzzi, Original Research|
Much has been written about the fundamental differences between Bitcoin and other asset classes. In fact, juxtapositions of Bitcoin and established commodities such as gold continue to lure swarms of newcomers into this industry, institutional and retail-alike. But are there [...]
By Coin Metrics|2021-03-03T01:53:06+00:00November 3, 2020|Karim Helmy, Original Research|
Key Takeaways Using a new methodology that looks at addresses one hop out from the coinbase transaction, this report quantifies miner holdings and activity. This approach improves on previous attempts at tracking miner spending, which inadvertently measured pool operator activity [...]
By Coin Metrics|2021-02-05T21:24:52+00:00October 27, 2020|Nate Maddrey, Original Research|
On October 21st Bitcoin (BTC) broke out, rising by about $1,000 on the day. Since then it has topped $13,000 and set new 2020 highs. For crypto veterans this is a somewhat familiar story. BTC is notoriously volatile and has [...]
By Coin Metrics|2021-02-05T21:26:18+00:00October 20, 2020|Jon Geenty, Original Research|
This post is designed to be a follow up to our ‘trusted volume’ framework post (link) earlier this summer. We have made a few adjustments to take into account changes in the industry as well as reader feedback. In the [...]
By Coin Metrics|2021-02-05T21:27:46+00:00October 13, 2020|Antoine Le Calvez, Original Research|
On October 1st, the CFTC and Department of Justice jointly announced charges filed against BitMEX’s owners and operators. The CFTC is alleging they were illegally operating a derivatives trading platform and the Department of Justice that they violated various parts [...]
