CoinMetrics

Coin Metrics is a leading provider of crypto financial information, providing network data, market data, indexes and network risk management solutions to the most prestigious crypto asset institutions. Coin Metrics was founded in 2017 as an open source project to determine the economic value of public blockchains. Today, we are expanding that original goal to empower individuals and organizations to make informed crypto financial decisions.

News

JPMorgan: Miner dumping continues to put pressure on bitcoin price

Bitcoin miners are estimated to have sold over $500 million worth of bitcoin in June, according to CoinMetrics, with Bitfarms alone reportedly selling 3,000 BTC for $62 million. According to data from Arcane Research, several bitcoin miners collectively sold about 100 percent of their production in May. Miners sell more coins to cover their operating costs. According to […]