By Coin Metrics|2023-03-27T11:22:40-04:00May 18, 2022|Parker Merritt, State of the Market|
Terra troubles continue to dominate headlines as crypto investors reluctantly recalibrate their risk management techniques. Following a failed campaign to prop up the TerraUSD stablecoin, the circulating supply of LUNA has ballooned exponentially, skyrocketing 1,000,000% to nearly 7 trillion coins [...]
By Coin Metrics|2023-03-24T17:04:48-04:00May 17, 2022|Kyle Waters, Nate Maddrey, State of the Network|
Stablecoins have come under increased scrutiny over the last week following TerraUSD’s (UST) sudden collapse. On May 12th, Tether (USDT) – the largest stablecoin today by total supply – started to dip below its $1 peg, causing some brief panic [...]
By Coin Metrics|2023-03-27T11:22:50-04:00May 11, 2022|Parker Merritt, State of the Market|
All eyes are on LUNA as the Terra ecosystem implodes in what many pundits are dubbing crypto's 'Lehman Brothers' moment. After TerraUSD's brief reign as the 3rd-largest stablecoin, UST's peg to the dollar has unraveled, plummeting as low as $0.30 [...]
By Coin Metrics|2023-03-24T17:07:41-04:00May 10, 2022|Kyle Waters, Nate Maddrey, State of the Network|
As US equity markets closed Monday, bitcoin (BTC) hovered around $31K, the weakest level this year. As the macroeconomic environment and outlook for future interest rates has quickly shifted in 2022 almost every asset class has been stricken with increased volatility.
By Coin Metrics|2023-03-27T11:23:01-04:00May 4, 2022|Parker Merritt, State of the Market|
Institutions appear irritated as the cryptocurrency industry continues to encroach on traditional financial moats. On Wednesday, the IMF declared doubts about the Central African Republic's recent adoption of Bitcoin as legal tender, outlining "large risks" to the nation's "financial stability, [...]
By Coin Metrics|2023-03-24T17:07:55-04:00May 2, 2022|Kyle Waters, Nate Maddrey, State of the Network|
On Saturday night Yuga Labs, the creators of Bored Ape Yacht Club (BAYC) launched their much anticipated “Otherside” metaverse land NFT mint on Ethereum. Although the team posted that they were taking steps to “dramatically soften the potential for a massive gas war” before [...]
By Coin Metrics|2023-03-27T11:23:19-04:00April 27, 2022|Parker Merritt, State of the Market|
Despite the humdrum price action, this week brought about a barrage of major crypto industry developments. On Tuesday, Fidelity Investments announced an innovative new 401(k) plan (dubbed a "Digital Asset Account") that would allow eligible individuals to allocate a portion [...]
By Coin Metrics|2023-03-24T17:08:11-04:00April 26, 2022|Kyle Waters, State of the Network|
Coin Metrics was originally founded in 2017 as an open-source project created in response to the dearth of high-quality crypto data needed for research. We’re excited to continue building upon that vision by supporting crypto research at some of the premier academic [...]
By Coin Metrics|2023-03-27T11:24:07-04:00April 20, 2022|Parker Merritt, State of the Market|
With spot volumes slipping and volatility continuing to crater, crypto markets have remained relatively muted, extending Bitcoin's trend of consolidation at the $40K level. The conflict in Eastern Europe looms large, with increasingly aggressive Russian forces "claiming victory" over Ukraine's [...]
Coin Metrics stores cookies on your computer, including cookies used to collect information about how you interact with our website and allow us to remember you. We use this information to provide our website, to improve your experience, for analytics about our visitors on this website and as described in our Privacy Policy.
Except with respect to cookies that are necessary in order to make our website available to you (for which we do not need your consent), if you click “Reject”, we will not use cookies to collect information about how you interact with our website. Cookies will be used in your browser to remember your preference not to be tracked.
Accept Reject
