Exploring Supply Transparency
Coin Metrics and Swiss firm Bitcoin Suisse have collaborated to bring their expertise in crypto analytics and market insight to explore token supply transparency and its impact on liquidity. Utilizing the unique transparency of public blockchains, this collaboration offers unparalleled [...]
Recent
BTC Realized Cap Passes $100 Billion
On August 23rd, BTC realized cap passed $100 billion for the first time ever. Realized capitalization is a metric created by Coin Metrics that is calculated by valuing each unit of supply at the price it last moved. This is in contrast [...]
Analyzing Wealth Distribution in Crypto
The distribution of wealth in crypto assets has been a recent topic of debate. The debate has centered around whether a lack of wealth distribution -- i.e., wealth centralization -- could prevent future adoption of crypto. While this is an important question [...]
Bitcoin Shows Potential as A Unique Safe Haven Asset
Bitcoin was born as a response to a deep, global recession caused by a financial system driven to the brink of collapse. Afterwards, central banks around the world responded with unprecedented and unconventional monetary policy. Amongst questions about its sustainability, [...]
A Look Back at the Last Year of ETH On-Chain Data
Last week, Ethereum (ETH) celebrated its 4th birthday. In honor of the occasion, we looked back at the last 365 days of on-chain data for ETH and some of the biggest ERC-20 tokens. After a wild third year in which ETH [...]
Analyzing BitMEX Net Flow Since Investigation Announcement
On July 19th, Bloomberg reported that the CFTC is conducting a probe on BitMEX. Since then, BitMEX has had an aggregate net outflow of over $145,000,000. But after a large outflow on the 19th, the net flow (i.e. the net amount sent [...]
The Amount of Bitcoin Untouched for At Least 5 Years is at an All-Time High
The amount of Bitcoin (BTC) supply that has been untouched (i.e. not transferred) for at least five years recently reached an all-time high. This potentially signals that BTC is increasingly becoming a store of value, as opposed to a medium [...]
A Majority of BSV Transactions are Coming From a Weather App
Recently, we have been researching the on-chain activity of Bitcoin (BTC), Bitcoin Cash (BCH), and Bitcoin SV (BSV) as part of an upcoming report on Bitcoin forks. As part of that research, we found that over 94% of daily BSV [...]
Introducing the RVTC Ratio
Metrics for evaluating crypto assets are still evolving. Initially, metrics from traditional equity markets, like float adjusted market cap, quickly became the norm. However the unique features of crypto assets allow analysts and observers to build new, more insightful, valuation [...]
Litecoin Will Test the Block Reward Reduction Theory in August 2019
Litecoin’s block reward halving, anticipated to occur in August 2019, will test the effect that halvings have on prices and market cycles. Additionally, it serves as a catalyst for a series of events that affect both miner and market participant [...]