Explore the digital assets ecosystem through our catalog of original data-driven research.
SOTM Dec 7-13, 2023
Welcome to our 150th issue of State of the Market, where we provide an overview of crypto market activity from December 7 - 13, 2023. Coinbase receives approval for the Real World Asset-focused "Project Diamond" in Abu Dhabi, while Galaxy [...]
Recent
Ethereum’s DeFi Evolution: How DeFi Is Fueling Ethereum’s Growth (Full Length)
Decentralized finance reached new heights over the last few months as dozens of projects launched and large amounts of capital [...]
Bitcoin: A Novel Economic Institution
Below is an excerpt of a research report authored by ARK Invest and Coin Metrics. In Part 1 of this research, we described how [...]
Bitcoin As An Investment (ARK Invest + Coin Metrics)
In Part 1 of this research, we described how we believe Bitcoin, a novel economic institution, satisfies the four assurances [...]
Measuring Bitcoin’s Decentralization
Over the last eleven years, Bitcoin has managed to function relatively seamlessly in the face of a large number of [...]
Measuring Bitcoin’s Decentralization (Full Length)
Key Takeaways Bitcoin’s decentralization can be quantified in terms of supply dispersion, hashpower distribution, and exchange consolidation, among other metrics. [...]
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 [...]
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 [...]
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 [...]
The Privacy Issue
The early 1990’s saw the dissemination of two great forces that would come to shape the next decades: the Internet, [...]