Explore the digital assets ecosystem through our catalog of original data-driven research.
SOTM January 12-18, 2023
Bitcoin spent the week teasing traders with a taste of $20K, as easing inflation & heightened enforcement offered mixed signals about the asset class's path forward. For the first time in nearly 3 years, U.S. consumer prices (excluding food & [...]
Recent
On data and certainty
Being certain is a lovely thing. Despite what many would allege about the poor finality of proof of work, the [...]
On the difficulty of estimating on-chain transaction volume
We are happy to report that this site is getting quite a bit of attention these days. We never anticipated [...]
An important network value to transaction ratio caveat
If you’ve been following coinmetrics closely, you might be convinced of the usefulness of our network value to transactions metric [...]
Mean-reversion and reflexivity: a Litecoin case study
Litecoin is a remarkable cryptocurrency. Of the seven currencies we profiled, its MTV ratio is among the steadiest (in our [...]
Why should I pay attention to the NVT ratio, anyway?
Our very first contribution to the body of research on cryptoassets is one we think will become mainstream as this [...]
An introduction to MTV
Currency serves as a medium of exchange, store of value, and unit of account. The Market to Transaction Value metric [...]