Explore the digital assets ecosystem through our catalog of original data-driven research.
SOTM Oct 26-Nov 1, 2023
Welcome to our 145th issue of State of the Market, where we provide an overview of crypto market activity from October 26 - November 1, 2023. The Federal Reserve leaves interest rates unchanged at 5.25 - 5.50%, meeting investor expectations & spurring [...]
Recent
An on-chain analysis of Ripple’s escrow system
Coin Metrics recently released version 3.0 of our CM Network Data Pro product. This release includes many new assets, including [...]
Evaluating Bitcoin forks with network data
Determining the success of a UTXO fork is a fraught exercise. There is no agreed-upon standard for measuring adoption. Establishing [...]
Granular mining pool mapping with Bitcoin’s coinbase outputs
How concentrated is block formation in Bitcoin? Which mining pools are dominant, and how long have they held that position? [...]
Don’t trust, verify: A Bitcoin Private case study
Bitcoin Private (BTCP) is a fork-merge of Bitcoin and ZClassic (ZCL, a fork of ZCash that removed the founders’ reward). [...]
Introducing Realized Capitalization
The motivation for the creation of Realized Cap was the realization that “Market Capitalization” is often an empty metric when [...]
What should we expect from Bitcoin’s block size in the coming years?
tl;dr: under full SegWit adoption you should expect blocks in the 1.6-2 mb range, with larger outliers. How big will [...]
Introducing our adjusted transaction volume estimates
As we have exhaustively covered, getting accurate estimates of the actual economic throughput of public blockchains is not a trivial [...]
An analysis of batching in Bitcoin
On May 6th, 2017, Bitcoin hit an all-time high in transactions processed on the network in a single day: it [...]
On data and certainty
Being certain is a lovely thing. Despite what many would allege about the poor finality of proof of work, the [...]