Coin Metrics

Coin Metrics ALL-NEW 2025 Outlook Report 2024 marked a pivotal year for the digital assets industry, characterized by groundbreaking developments and renewed optimism. From regulatory breakthroughs to technological advancements, the year set the stage for transformative growth and innovation in 2025. Read the full report >> https://hubs.li/Q032sgmG0 Key highlights: - Institutional Capital & Market Growth: Spot Bitcoin ETFs launched, driving institutional investment, Bitcoin's surge past $100K, and stablecoins exceeding $200B in market cap. - Key Blockchain Milestones: Bitcoin’s halving, Ethereum’s blob scaling, and Solana’s rise as a hub for meme coins and DePIN activity marked major advancements. - Rising Trends & Themes: Real World Asset (RWA) tokenization gained traction, while prediction markets, AI-crypto intersections, and on-chain financial services emerged as breakout areas. - Shift in Sentiment: Optimism returned post-U.S. presidential elections, with a pro-crypto administration fueling renewed enthusiasm across the ecosystem. - Industry Resilience & Future Outlook: Overcame SEC scrutiny and macroeconomic challenges, leaving the industry well-positioned for transformative opportunities in 2025. 2025 Bitcoin Outlook: As we look ahead to 2025, Bitcoin (BTC) is poised to test a price range of $140K–$170K (assuming $BTC’s MVRV z-score rises to levels historically observed during market peaks, between 5 and 7, with a market cap range of $2.7T–$3.3T.). Bitcoin's growth is supported by cyclical growth trends and accelerating structural adoption. 2025 Ethereum Outlook: In 2025, Ethereum ($ETH) is expected to reach $7,500–$10,000, driven by increasing institutional demand, the growth of Layer-2 solutions, and its dominance in stablecoins, RWA tokenization, and DeFi. As Bitcoin approaches its cyclical peak, Ethereum is poised for a relative strength recovery. 2025 Market Sectors Outlook: In 2025, we expect selective outperformance across new and established categories, including Layer-1 blockchains, DeFi on Ethereum, Solana, and Base, as well as the growing intersection of Crypto and AI. Read the full report >> https://hubs.li/Q032sgmG0

New API Demo: Unlocking Rich Asset Insights with Coin Metrics Ever wondered how to access detailed asset profiles in one place? Our Senior Solutions Engineer, Matthias Funke @funkmeister380, built a proof-of-concept application using the new @coinmetrics Asset Profiles API and demos a behind-the-scenes look in this quick video. What’s inside: - A list of over 220 asset profiles - Key data including supply, token type, and direct resource links - A glimpse into how AI and API data can power future applications Whether you're a developer, researcher, or data-driven investor, this API opens up new ways to explore crypto assets.

??Coin Metrics Expands Blockchain Insights with New Asset & Network Profiles Coin Metrics is enhancing digital asset intelligence with a major update to Asset Profiles and the launch of Network Profiles, providing deeper insights and greater transparency. What’s New? Network Profiles (New!) – Structured data on blockchain networks, including: Consensus Mechanism, Native Fee Token, Rollup Information, and Transaction Visibility (public vs private transactions) Asset Profiles (Rebuilt & Expanded!) – More powerful insights on digital assets, including: Significant Historical Changes, Issuing & Bridged Networks, and Token Purpose Why It Matters: 1. Better asset and network intelligence. 2. Better transparency for stronger compliance and reporting. 3. Clearer view of historical events and bridging activity for improved risk management. These updates are now live! Find more details, links to docs, sample API queries, and more in our latest blog post (link in comments)

NEW Weekly State of the Market Report: This week, Bybit suffered the largest hack in crypto history, losing $1.5B to North Korea’s Lazarus Group via a compromised Safe(Wallet) AWS infrastructure. Despite market pressures, institutional interest is rising - Citadel Securities eyes crypto liquidity provision, and Bank of America hints at a stablecoin. Meanwhile, the SEC dropped its Uniswap Labs investigation, and Ethereum’s Pectra testnet upgrade hit delays. Explore more in the latest Coin Metrics report (link in comments) Highlights: - Bybit hacked for $1.5B, the largest crypto theft ever; $43M recovered so far. - $BTC fell below $84K, $ETH under $2,300, with $1B+ liquidated. - Citadel considers crypto liquidity provision, signaling growing institutional adoption. - Bank of America hints at a stablecoin, pending regulatory clarity. - SEC drops Uniswap investigation, suggesting a softer regulatory stance. - Ethereum’s Pectra testnet upgrade hit delays, raising concerns for April’s mainnet launch.

Web3 is data-driven, and our own Sydney Rice, Coin Metrics VP of Product, is leading the charge. "Many crypto enthusiasts examine basic data such as prices, market trends, and volume. Sydney and the Coin Metrics team dig deeper. They uncover the true operations of blockchain networks." - Decoded Check out her full interview on the Decoded Substack: https://lnkd.in/dCYch9iZ

Market Impact of the Bybit Hack: Key Takeaways from Coin Metrics' latest State of the Network Report - $ETH dropped sharply from $2,850 to $2,600, with Bybit’s ETH-USDT market briefly trading at a discount. - Recovery was swift—the price gap closed over the weekend, and $ETH reclaimed its pre-hack level by Sunday. - Ethena USD ( $USDe ) briefly depegged, falling below $0.96 before recovering the next day. - $USDe reserves remained secure—held in institutional-grade custodians, with only margin used to hedge short positions held on exchanges like Bybit. - Crypto markets showed resilience, absorbing the shock without lasting disruption. Find more insights in Coin Metrics’ 300th Issue of State of the Network >> https://hubs.li/Q038pYBD0

NEW: State of the Network Report: ByBit Burglarized for a Billion (and How It's Recovered) In this week's Coin Metrics State of the Network report, Research Analyst Tanay Ved and Principal Data Scientist Victor Ramirez dig deep into Friday's $1.5B ByBit hack, the largest exchange exploit in crypto history. Despite the breach, Bybit replenished $1.2B, stabilizing reserves and containing market fallout. The swift recovery highlights the industry's growing resilience, while the incident underscores the need for stronger security and transparency in crypto. Key Findings: - Bybit lost $1.5B in ETH after attackers exploited a vulnerability in the platform's cold wallet security. - Bybit replenished $1.2B of its reserves, ensuring continued solvency and customer withdrawals. - While $ETH briefly dipped, markets quickly stabilized, showcasing the increasing maturity of the crypto industry. - Coin Metrics' on-chain data revealed hacker fund movements, tracking stolen assets across multiple wallets and networks. - The hack highlights the importance of self-custody and robust exchange security practices. - The incident is likely to draw heightened scrutiny from regulators and reinforce the need for stronger security measures across crypto platforms. Read the full report >> https://hubs.li/Q038ckPb0

??Introducing Coinbase Exchange Flow Data on Coin Metrics Coin Metrics is excited to announce the release of Coinbase Exchange Flow data, providing deeper transparency into asset movements on one of the largest crypto exchanges. Users can now track Bitcoin ($BTC) and Ethereum ($ETH) flows into and out of Coinbase, along with miner interactions and total exchange supply. These insights offer a clearer view of liquidity trends, exchange activity, and potential market shifts. The following metrics are now available for both $BTC and $ETH on Coinbase: - Exchange Inflows & Outflows: Monitor the movement of assets entering and leaving Coinbase, expressed in native units and USD. - Net Flows: Determine whether Coinbase is experiencing net inflows or outflows over time. - Miner Flows: Analyze the interactions between miners and Coinbase, including both inflows and outflows. - Transfer Counts: Track the number of individual deposits and withdrawals to gauge transaction activity. - Exchange Supply: Gain insights into the total supply of $BTC and $ETH held on Coinbase. Read the full report >> https://hubs.li/Q037_lHj0

Deep Dive into Crypto Order Books: Understanding Liquidity & Market Depth How do order books work, and why does it matter for crypto trading? Join Coin Metrics Senior Solutions Engineer Matthias Funke as he breaks down order book data, visualizes liquidity depth, and demos how to efficiently access and analyze market snapshots using the Coin Metrics API. - Learn how bid-ask spreads impact price movements. - Discover the best API methods for order book data. - See real-time Solana (SOL) order book analysis in action. Find out more about CM Market Data Feed >> https://hubs.li/Q037YY2f0

This week’s Coin Metrics Week in Review covers major market moves, institutional activity, exchange security risks, and Ethereum’s next major upgrade. The $LIBRA memecoin surged to a $4.5B valuation before crashing 95% due to alleged insider siphoning, while Mubadala Investment Company invested $436M in BlackRock's Bitcoin ETF, signaling continued institutional interest. Meanwhile, a Bybit security breach on Friday raised fresh concerns about exchange vulnerabilities. Key Highlights: - $LIBRA, a Solana-based token, collapsed after insider wallets allegedly drained ~$100M from liquidity pools. - Abu Dhabi’s Mubadala Investment Company disclosed a $436M investment in BlackRock’s Bitcoin ETF. - FTX Payouts Begin: The first $1.2B was distributed to creditors with claims under $50K. - Bybit Hack: A major security breach on Friday highlights ongoing exchange risks. - Ethereum’s Pectra Upgrade: The largest hard fork in Ethereum’s history introduces higher validator stake limits, improved Layer-2 scaling, and new account abstraction features ahead of April’s mainnet activation. #FutureOfFinance #PutTruthToWork #CMWeekinReview