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Analyzing BitMEX Net Flow Since Investigation Announcement
On July 19th, Bloomberg reported that the CFTC is conducting a probe on BitMEX. Since then, BitMEX has had an aggregate net outflow of over $145,000,000. But after a large outflow on the 19th, the net flow (i.e. the net amount sent [...]
A Comparative Analysis of Bitcoin Forks
Bitcoin (BTC) has had many forks over the years, most of which have faded into obscurity. But one fork in particular has separated from the pack: Bitcoin Cash (BCH). In August 2017, BCH forked from BTC with a goal of “fulfilling the [...]
An Analysis of Kin’s On-Chain Activity
In the following post, we investigate Kin’s on-chain activity compared to other blockchains. […]
The Amount of Bitcoin Untouched for At Least 5 Years is at an All-Time High
The amount of Bitcoin (BTC) supply that has been untouched (i.e. not transferred) for at least five years recently reached an all-time high. This potentially signals that BTC is increasingly becoming a store of value, as opposed to a medium [...]
A Majority of BSV Transactions are Coming From a Weather App
Recently, we have been researching the on-chain activity of Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin SV (BSV) as part of an upcoming report on Bitcoin forks. As part of that research, we found that over 94% of daily BSV [...]
Release of CM Reference Rates Methodology v2.0
Today, Coin Metrics is happy to announce the release of CM Reference Rates Methodology v2.0. This is a substantial update to our CM Reference Rates product, and we are excited to share the details with you below. CM Reference [...]
Introducing the RVTC Ratio
Metrics for evaluating crypto assets are still evolving. Initially, metrics from traditional equity markets, like float adjusted market cap, quickly became the norm. However the unique features of crypto assets allow analysts and observers to build new, more insightful, valuation [...]
Litecoin Will Test the Block Reward Reduction Theory in August 2019
Litecoin’s block reward halving, anticipated to occur in August 2019, will test the effect that halvings have on prices and market cycles. Additionally, it serves as a catalyst for a series of events that affect both miner and market participant [...]
Examining The First Week of Libra Testnet Data
Testnet Libra is a stripped-down version of what mainnet will probably look like. For example, the smart contract capabilities aren’t available yet. Users can request new coins to be issued to them at no cost, and can transact with them. [...]
Tether’s Lead Grows as Facebook Looms
The stablecoin wars are upon us. There are now at least seven stablecoins with at least $25 million USD in daily transfer value, with new coins being announced at an increasingly rapid pace. None loom larger than Facebook’s new cryptocurrency, [...]