SOTM Jan 18-24, 2024
Welcome to our 156th issue of State of the Market, where we provide an overview of crypto market activity from January 18 - 24, 2024. This week in crypto markets: Bitwise becomes the first ETF issuer to disclose their on-chain Bitcoin address, [...]
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SOTM August 11-17, 2022
There's a rebellion brewing in the Ethereum ecosystem, and the stakes have never been higher. As the impacts of U.S. sanctions against the Tornado Cash smart contract continue to set in, several community members have raised the alarm about the [...]
SOTM August 4-10, 2022
In a whirlwind week of regulation, privacy protocol Tornado Cash has been swept into the eye of the storm. On Monday, the U.S. Treasury levied unprecedented sanctions against the ETH-based mixing service, claiming the smart contract helped launder "more than [...]
SOTM July 28-August 3, 2022
Web3 enthusiasts are heading for the hills as Slope wallet joins the chorus of crypto projects exploited in a series of black hat attacks. On Tuesday, a string of SOL users discovered their funds were missing, pointing fingers at major [...]
SOTM July 21-27, 2022
Though the fabled 'Powell Pivot' remains just out of reach, markets are surging on less-than-hawkish rhetoric emerging from the Federal Reserve. As the troubling trend of runaway inflation persists, the central bank took Wednesday as yet another opportunity to raise [...]
SOTM July 14-20, 2022
Blue-chip cryptos are enjoying a relief rally, eagerly leaving the trials and tribulations of Q2 in the rear view. After lingering below $20K for much of last week, BTC has once again found its footing, tipping levels above $24K by [...]
SOTM July 7-13, 2022
It's truly starting to seem like summer, and investors are feeling the heat like never before. After the release of Wednesday's red-hot Consumer Price Index figures at 9.1 percent, commentators are closely monitoring cues from central bank leadership. Federal Reserve [...]
SOTM June 30-July 6, 2022
Legal proceedings have consumed the digital asset industry, leaving many investors frustrated with their findings in the fine print. On Tuesday, Voyager Digital filed for Chapter 11 bankruptcy, kicking off a lengthy process of debt restructuring after Three Arrows Capital [...]
SOTM June 23-29, 2022
Crypto companies are undergoing major shake-ups as bailouts and bad earnings spur a series of corporate reorgs. Hedge fund Morgan Creek Digital and Sam Bankman-Fried's FTX are in a tug-of-war over BlockFi, battling for the right to offer the lending [...]
SOTM June 16-22, 2022
The liquidation cascade has swelled into a tsunami as crypto firms nervously eye even their most credible counterparties. As the full extent of the Three Arrows Capital insolvency continues to unfurl, the fund’s creditors have scrambled to secure financing, providing [...]