Digital Asset Funds Hit by Record Weekly Outflows of $207M
Bitcoin-focused investment funds saw $107 million in outflows over the seven-day period.
Bitcoin Falls Below $43K, Leads to $800M in Crypto Liquidations
Over 87% of losses arose from crypto traders in long positions.
The Tragedy of the Third Coin
As crypto moves increasingly mainstream, many retail investors seek an alternative to bitcoin and ethereum.
XRP Gets Wrapped by Tokensoft for Ethereum DeFi Debut
Tokensoft’s Wrapped is now taking a multi-custodial approach, having partnered with Hex Trust on wXRP.
Ripple Launches $250M NFT Fund
Creators, brands and marketplaces will be given support to explore how the XRP Ledger’s speed and cost can support new use cases for NFTs.
Judge Denies Ripple’s Motion to Have SEC Employees’ Crypto Transactions Disclosed
Ripple Labs has been petitioning the SEC for employees’ trading records since early July.
Ripple Is Looking to Build a Market-Making Platform for XRP: Sources
The company, still mired in legal action in the U.S., is hiring in London and Singapore.
Ripple Looking to Build a Market-Making Platform for XRP
Global payments company Ripple is reportedly looking to build a crypto market-making platform and is currently hiring staff in London and Singapore. The company is still mired in legal action in the U.S. "The Hash" hosts digs into the world of market-making, exploring the outlook for Ripple and XRP's price amid ongoing regulatory woes.
Bitcoin Tumbles Most Since May and El Salvador Buys the Dip
Price drop triggers about $3 billion of liquidations of trading positions due to margin calls.
Why Are Altcoins Outperforming Bitcoin?
CoinDesk’s Galen Moore discusses his crypto markets analysis and outlook in response to a chart illustrating altcoins outperforming bitcoin in August. “When you see a chart like this with Cardano and XRP in the top three, that is certainly an indicator of retail froth,” Moore said. Plus, his take on growing institutional interest in crypto.
