Coin Metrics – DIGIT INFO

Report Finds USDC Transfer Growth on Base Fueled by LP Rebalancing

DIGIT — Thu, 19 Feb 2026 05:30:39 +0000

A new analysis from Coin Metrics, authored by Senior Research Associate Tanay Ved, finds that January’s record $8 trillion in adjusted stablecoin transfer volume was largely driven by USDC activity on Base, with much of the spike tied to decentralized finance ( DeFi) mechanics rather than payments. Tanay Ved of Coin Metrics Breaks Down USDC’s […]

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Coin Metrics: New Tech Reshapes Bitcoin Mining Landscape Amid Post-Halving Hangover

DIGIT — Tue, 17 Dec 2024 21:54:11 +0000

The 2024 bitcoin halving event sparked major changes in the mining scene, according to the latest “State of the Network” report by Coin Metrics and analyst Matías Andrade. Battle for Hashrate Dominance The April 2024 halving, which slashed block rewards from 6.25 BTC to 3.125 BTC, severely impacted miner earnings. Coin Metrics’ new report reveals […]

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Coin Metrics’ Analysis: Options Market Reflects Strong Bullish Sentiment in Post-Election Bitcoin Rally

DIGIT — Tue, 12 Nov 2024 18:30:24 +0000

A recent report from Coin Metrics highlights how post-election trading in bitcoin (BTC) has reached unprecedented levels, with the options market indicating strong investor optimism. Coin Metrics Study Shows Increased Call Option Interest Coin Metrics’ analysis provides a detailed look at bitcoin’s rally following the recent U.S. election, which saw unprecedented trading volumes and new […]

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Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity

DIGIT — Wed, 04 Sep 2024 19:30:40 +0000

Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance drop below early-year highs. Ethereum, Solana, and Bitcoin See Sharp Drop in […]

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Bitcoin miners raked $184M in fees in Q2, surpassing all of 2022

DIGIT — Thu, 06 Jul 2023 02:45:04 +0000

It’s been one of the most lucrative quarters for those that profit from Bitcoin transaction fees in nearly two years.

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‘Operation Choke Point 2.0’ may have contributed to SVB collapse: Mulvaney

DIGIT — Wed, 22 Mar 2023 02:49:32 +0000

While the existence of “Operation Choke Point 2.0” has not been confirmed, Mick Mulvaney spoke of “rumors” of its existence and the potential side effects of such a policy.

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Silvergate downfall sparks debate over whose fault it actually was

DIGIT — Thu, 09 Mar 2023 06:00:57 +0000

The demise of the crypto-friendly bank has prompted discussion about who tipped the first domino, and where crypto firms can turn for their banking needs.

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A stablecoin’s rise in market share has ignited the ‘Second Great Stablecoin War’

DIGIT — Mon, 24 Oct 2022 03:10:39 +0000

Since Binance announced it would auto-convert USDC, USDP and TUSD into BUSD on Sept. 6, BUSD’s share of the total stablecoin market has risen from 10.01% to 15.48%.

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An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable

DIGIT — Sun, 23 Oct 2022 14:00:25 +0000

A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and during the last seven days, the stealth miner captured 64.5%. Unknown Hashpower Captured 64% […]

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Web3 Data Platform Dune Analytics Propels to Unicorn Status After $69.4 Million Fundraise

DIGIT — Thu, 03 Feb 2022 08:30:49 +0000

The Web3 analytics platform Dune Analytics has announced it has closed a $69.4 million Series B fundraise led by Coatue. The firm’s latest fundraise follows the company’s Series A last August when Dune Analytics raised $8 million. With the Series A and B combined, the firm has been propelled to unicorn status with a post-money […]

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