Kyle Waters Archives

Circle’s Silver Lining: Unpacking USDC’s Supply Drop in an Era of Rising Rates

In this issue of State of the Network, we set out to analyze USDC’s supply loss and its impact on Circle.

October 10, 2023

State of the Network’s Q3 2023 Wrap-Up

In this special edition of State of the Network, we take a data-driven look at the most important events that impacted

October 3, 2023

State of the Network’s Q3 2023 Mining Data Special

In this week’s State of the Network, we return with our quarterly mining data special, where we provide a close examination

September 26, 2023

A Glimpse into Coinbase through Coin Metrics’ Data

Through the lens of Coin Metrics, a wealth of market and on-chain data allows us to build new insights into

September 19, 2023

One Year Since The Merge

In this issue of the State of the Network, we revisit the predictions we made about Ethereum’s now-defunct mining operations, take a look

September 12, 2023

Exploring Common Ownership Patterns Across Major Stablecoins on Ethereum

In this issue of State of the Network, we explore common ownership patterns across major stablecoins on Ethereum using on-chain data

August 29, 2023

Beauty in Predictability: Understanding the Bitcoin Halving Cycle

In this issue of State of the Network, we give an overview of the concept of halvings, their implications, and examine

August 22, 2023

From East to West: the Global Pulse of Stablecoin Transactions

In this report, we share a new data-driven approach to estimate the geographical preference around stablecoins.

August 15, 2023

Decoding the Digital Dollar

Stablecoins have quickly grown from a nascent segment of the digital assets ecosystem to a $100 billion+ market. Stablecoins already

July 30, 2023

Decoding the Digital Dollar (Preview)

Last week, the U.S. House Committee on Financial Services convened to discuss proposed legislation, including H.R. 4766, or the “Clarity for