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Improving your Futures Roll: An Overview of the Basis Trade (Full Length)
Key Takeaways As futures volume balloons we take a look at the basis trade, which is when traders build a strategy around the difference between the spot price and futures contract price of a commodity. Unsurprisingly, volume shifts from the [...]
An Overview of the Basis Trade
One of the most popular trades for any commodity futures is the basis trade. This is when traders build a strategy around the difference between the spot price and futures contract price of a commodity. This exists in corn, soybean, [...]
Bitcoin: A Novel Economic Institution (ARK Invest + Coin Metrics)
This paper lays out the case for Bitcoin. In Part 1, we describe how the Information Age gave rise to Bitcoin, a novel economic institution designed to challenge legacy financial systems.
The Privacy Issue
The early 1990’s saw the dissemination of two great forces that would come to shape the next decades: the Internet, and strong cryptography. In a seminal manifesto written in 1993, Eric Hughes condensed the ethos of a young movement born at the [...]
The Business Trends of Crypto Exchanges
State of the Network has predominantly focused on the network and market data happenings of the crypto industry. In this issue, we zoom out a bit to discuss the business trends and strategies of the exchanges building atop these decentralized [...]
Coin Metrics adds several new features/upgrades to Network Data Visualization offering
Coin Metrics is pleased to announce several additions/upgrades to our Network Data Visualization offering that includes our Network Data Charting Tool, Formula Builder Charting Tool, and our Correlation Tool released in July. These updates include: Save Charts/Formulas Locally: ability to [...]
Bletchley Indexes Transition to CM Pricing
Bletchley Indexes Pricing Source Transition - August 26, 2020 Coin Metrics is excited to announce that from the 1st of September, the Bletchley Indexes pricing sources will be updated to the Coin Metrics Reference Rates. The update will incorporate three [...]
The Business Trends of Crypto Exchanges (Full Length)
Key Takeaways Crypto exchanges have gone from nothing to a relatively mature industry very quickly. The maturation process of exchanges has made them the “apex predators” of the space, engaging in M&A and positioning themselves for entry into the public [...]
How YAM’s Collapse Drove Ethereum Fees to New Heights
On August 12th Ethereum’s total daily transactions fees topped $6.87M, shattering the previous all-time high of $4.55M set in January 2018. The following day, Ethereum had $8.61M worth of fees, once again breaking the daily record. Blockchain transaction fees are [...]
The DeFi Fee Explosion: How YAM’s Collapse Drove Ethereum Fees to New Heights (Full Length)
On August 12th Ethereum’s total daily transactions fees topped $6.87M, shattering the previous all-time high of $4.55M set in January 2018. The following day, Ethereum had $8.61M worth of fees, once again breaking the daily record. Blockchain transaction fees are [...]