SOTM May 9-15, 2024
Welcome to our 172nd issue of State of the Market, where we provide an overview of crypto market activity from May 9 - 15, 2024. A wave of 13-F filings call attention to Bitcoin ETF allocations, from Wisconsin's pension board to $64B [...]
Recent
SOTM October 6-12, 2022
From cross-chain carnage to DeFi horseplay, this week was characterized by a brand of chaos found only in crypto. According to a recent report from blockchain surveillance firm Chainalysis, October is already the biggest month for hacker activity in 2022, [...]
SOTM September 29-October 5, 2022
Crypto crept into Q4 with hopes for redemption, though October already offers some ominous possibilities. Last week's supposed sabotage of the Nord Stream pipeline was yet another painful blow for European energy infrastructure, pushing the EU to the point of [...]
SOTM September 22-28, 2022
Markets remain resigned as executives exit the crypto industry, extending a sector-wide stretch of corporate restructuring. Following Kraken CEO Jesse Powell's sudden departure from his leadership role last week, FTX US president Brett Harrison announced he'd also be stepping down, [...]
SOTM September 15-21, 2022
Macro forces once again dominate market sentiment after a relatively anticlimactic week of post-Merge activity. Ethereum's shift to proof-of-stake has seen surprisingly few complications, with validator attestation remaining at a healthy 98-99% participation rate and competing proof-of-work forks quickly fading [...]
SOTM September 8-14, 2022
If you're reading this, Ethereum is proof-of-stake. After reaching the Terminal Total Difficulty (TTD) of 58,750,000,000T early Thursday morning, the ecosystem's 2nd largest cryptoasset successfully executed "the Merge," fusing the existing smart contract layer with the consensus layer. The transition [...]
SOTM September 1-7, 2022
Stablecoins are back in the spotlight as regulators, issuers, and exchanges spar at the intersection of fiat and crypto. Russia stepped into the ring on Tuesday, with deputy finance minister Aleksey Moiseyev reportedly planning to "work with friendly countries"to create [...]
SOTM August 25-31, 2022
Market sentiment has gone for a dip in the wake of Jay Powell's salient symposium at Jackson Hole. Though many pundits predicted the Fed chairman would pivot away from his campaign to escalate rates, Powell once again reaffirmed the central [...]
SOTM August 18-24, 2022
"Code is law" means more than ever before as crypto companies face a host of new regulatory requirements. In a continued campaign against OFAC-sanctioned wallets, decentralized exchange Uniswap blocked 253 addresses from the website's frontend as part of "ongoing risk [...]
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 [...]