XRP Cryptocurrency Now Down 90% From 2018 Price High
XRP, the world’s third-largest cryptocurrency by market capitalization, fell to its lowest price of 2018 on Tuesday.
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Blockchain Finance Startup Clearmatics Raises $12 Million in New Funding
Blockchain finance firm Clearmatics Technologies has raised over $12 million in a Series A funding round led by venture capital firm Route 66 Ventures. Additional investment in the funding round came from private equity firm TNF Capital and XTX Ventures, the venture capital arm of electronic market-making firm XTX Markets. As part of the arrangement,…

Bitcoin ETFs Log $250M Net Inflows, Highest Since July, After Rate Cut Signal at Jackson Hole
U.S.-listed spot bitcoin ETFs saw significant activity with over $252 million in net inflows and trading volumes exceeding $3.12 billion, driven by positive market sentiment following comments at the Jackson Hole symposium. BlackRock's IBIT and Fidelity's FBTC led in inflows, while Grayscale's GBTC experienced outflows. Federal Reserve Chair Jerome Powell's hints at loosening monetary policy

Craig Wright Cross Examination Ends as COPA Trial Closes for Day
Craig Wright's cross-examination came to a close on Wednesday after a week's worth of questioning.The Crypto Open Patent Alliance, as well as counsel for a group of bitcoin developers who are up against Wright, have asserted his claims are lies numerous times.Wright was taken to court by COPA to ascertain once and for all if

PSG Fan Token Jumps 25% as Football Club Triumphs Over Barcelona
Football club Paris Saint-Germain's fan token PSG spiked Tuesday as the French team secured a 4-1 victory over rival Barcelona in the UEFA Champions League quarterfinal.The token jumped as much as 25% after a blistering rally that began with PSG's first goal early in the first half. It kept climbing until around midway through the

Why Celsius Thinks CEL Won’t Receive the Same SEC Treatment as XRP
In an interview with CoinDesk TV, CEO Alex Mashinsky explained why CEL has drawn recent interest from altcoin investors.(Shutterstock, modified by CoinDesk)Jan 15, 2021 at 6:45 p.m. UTCUpdated Jan 15, 2021 at 7:31 p.m. UTCWhy Celsius Thinks CEL Won’t Receive the Same SEC Treatment as XRPThe CEO of cryptocurrency lender Celsius believes CEL won’t meet…

Decentralized Exchange Bluefin to Roll Out Token After Securing $17M in Total Funding
BLUE will be unveiled in July and will include user incentives such as airdrops and trading rewards. The DEX also received an undisclosed amount of investment from Flow Traders ahead of the token roll-out. 04:56 Binance Confirms BNB Chain Burns Over $575M in BNB Tokens 06:56 Get Started with DESK: How to Set Up Your

Dogecoin’s Daily Transaction Reached Lifetime Highs as ‘DRC-20’ Tokens Introduced
Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.Dogecoin's daily transaction volume rose tenfold from the average daily earlier this week to set a lifetime peak following the launch of a new mechanism that now allows the…

Where to Find the Rising Stars of Bitcoin’s Developer Community
feature Thirteen coders and academics gathered this week at Chaincode Labs in New York City for the bitcoin protocol residency program, in what organizers say is the most intensive and diverse cohort to date. It would be hard to overstate how impactful this quiet program is, as one of the few resources for independent developers…