State of the Market is a weekly newsletter contextualizing the week’s crypto market movements with concise commentary from the Coin Metrics team, rich visuals, and timely data.

SOTM June 22-28, 2023
ARK Invest amends its spot ETF application, aiming to be the first issuer in the market. MicroStrategy purchases an additional

SOTM June 15-21, 2023
Asset management giant BlackRock files an application with the SEC to offer a spot bitcoin ETF in the U.S. Institutional-focused

SOTM June 8-14, 2023
June has seen a significant hit to cryptocurrency exchange liquidity, with BinanceUS experiencing a staggering 70% market depth decline following

SOTM June 1-7, 2023
The US Securities and Exchange Commission (SEC) continues to tighten its grip on cryptocurrency exchanges, with Binance and Coinbase under

SOTM May 25-31, 2023
The House of Representatives is hurriedly patching over cracks and crevices in the Federal budget, suspending the U.S. debt ceiling

SOTM May 18-24, 2023
Past U.S. presidents have harbored hostility towards crypto, but 2024’s cast of candidates are coming to consensus on a new

SOTM May 11-17, 2023
Though “Mint the Coin” sounds like something you’d hear in crypto circles, the phrase is now a trending topic in

SOTM May 4-10, 2023
On-chain activity is shattering records as Bitcoin and Ethereum experience a torrent of token trading. Despite the memecoin’s apparent lack

SOTM April 27-May 3, 2023
First Republic has joined the ranks of failed regional banks, beating SVB’s breakdown to become the 2nd-largest banking collapse in

SOTM April 20-26, 2023
After months of being taken to court, crypto firms are finally going on the offensive. Following their acquisition of a

SOTM April 13-19, 2023
For five hours on Tuesday, Congress grilled Gary Gensler. The SEC chair faced a fierce scolding from many members of

SOTM April 13-19, 2023
For five hours on Tuesday, Congress grilled Gary Gensler. The SEC chair faced a fierce scolding from many members of