• Ryan Selkis is stepping down as CEO of crypto platform Messari.
• Eric Turner, the company’s chief revenue officer, replaces him as interim CEO.

Ryan Selkis is stepping down from his role as CEO of crypto platform Messari, the firm announced on Friday.

Selkis, whose exit as CEO will see him take up a senior advisor role, is taking this step after a week that saw him face post a series of controversial political tweets.

“A leader’s first responsibility is to his team. This week was the first week in 6.5 years that my politics and rhetoric put the team in harms way,” he wrote. “As such, I have decided to step aside as CEO.”

Selkis’ political tweets

Selkis has increasingly been vocal in his support for former President Donald Trump’s candidacy in the upcoming US election. Having castigated President Joe Biden severally on X, Selkis became particularly ill-tempered after last week’s attempted assassination of Trump during a campaign rally.

In one tweet, he noted that anyone looking to vote against Trump in November could as well “die in a f*cking fire.” He also called the upcoming election “literal war” and told an immigrant that he hoped the US sends them back.

On July 18, Selkis shared via X that the attempted assassination had USA “narrowly” avoid Civil War. He met the Messari team after he “ran too hot this week,”- referring to his outbursts and statements on X.

Messari confirmed his exit:

“Ryan recently let us know of his decision to step back from an operational role as the CEO of Messari so that he can focus his time fully on crypto policy and national issues of importance to him. Messari would not be the company it is today, or what it will be in the future, without Ryan’s clear vision and devoted leadership,” the company announced.

Eric Turner, the company’s chief revenue officer, will take over as the interim CEO.

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Bitcoin layer 2 network Stacks (STX) was trending on Google after the network’s Nakamoto upgrade received widespread approval.  According to the Stacks Foundation, the upgrade was approved by every voter who had Stacked STX, and 99.98% of the votes cast…

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It promises to revolutionize how businesses harness and integrate crypto-related data into their applications, platforms, and analytical workflows.

The post Messari Unleashes New Crypto Data API for Customized Insights appeared first on AlexaBlockchain.

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Amid the prevailing bearish trend in the crypto market, XRP has stayed afloat above other assets with impressive gains. A report from a leading crypto market intelligence product provider, Messari, revealed the Ripple native currency XRP took the lead in the overall crypto market in Q1.

XRP Takes The Lead In Overall Crypto Market

According to data from Messari, XRP outperformed other crypto assets with a 55% surge on a quarter-on-quarter (QoQ) basis. 

From the report, the market cap of XRP grew by a whopping 59.9% in the first quarter of the year. The value increased from $17.4 billion on January 1 to $27.4 billion on March 31.

Notably, the growth rate for XRP’s market cap exceeded the cumulative crypto market cap that witnessed a 46% surge within the same period. 

Messari’s report also showed that XRP kicked off the year with a trading price of $0.35 as of January 1. With the increasing volatility in the crypto market during the beginning of 2023, XRP rallied progressively through the days. As of January 23, XRP’s price hit $0.43 before retracting due to the influence of the bears. The token closed in January with a 19.71% increase in value.

The second month wasn’t quite eventful for XRP as the price gradually dipped to $0.36 amid the downtrend in the overall crypto market. However, XRP ended February with a 7.27% drop as the price hit $0.37.

Then XRP’s price rally took a more aggressive look in March. The price of XRP ranged from the beginning of March. But it gained momentum from March 21 as XRP broke the resistance level at $0.400.

XRP sustained its volatility and pushed higher with a more bullish stance through the remaining days in March. The token rallied beyond the $0.500 region and progressed higher.

Messari noted that XRP hit a 10-month high of $0.5850 on March 29, following a two-week price surge of 56%. This price rally was peculiar to XRP, although most crypto assets posted a decline during the period. 

Finally, XRP closed with a price of $0.54 on March 31, a 43% price surge for the month. The feat pushed the token to an overall price gain of 55% in Q1 2023.

XRP Performance Analysis In Q1 2023

Besides the XRP’s price performance, the Messari report also highlighted other performance indicators for the token.

The data shows an increase in XRP’s overall network activity metrics in Q1. The total active addresses and average daily transactions surged by 13.9% and 10.7%, respectively, on a QoQ basis.

The total active addresses grew from the receiving addresses, which increased from 47,000 to 55,000 through a 17.1% surge. But XRP sending addresses dropped by 7.2%.

-Featured image from Pixabay and chart from Tradingview.com

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Despite the prolonged crypto winter, projects continue raising funds in venture rounds. Immortal Game, Nilos, Vulcan, Messari, and Smoothie announced successful rounds today. Immortal Game Raises $15.5 Million In a recently closed venture round, Immortal Game, a chess game, raised…

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Messari will use Dove Metrics’ fundraising data to enhance real-time monitoring and transparency in the crypto fundraising ecosystem.

Messari, a leading blockchain analytics and crypto market intelligence firm, has acquired the assets and business of fundraising data platform Dove Metrics, CoinJournal has learnt from a press release.

The acquisition has allowed Messari to integrate Dove Metrics’ dashboard into its system and is set to incorporate additional functionality to make it even more beneficial to its operations, the firm said in the press release.

Dove Metrics is a platform of Blackrose Capital Management.

Bringing real-time tracking of fundraising data

According to Messari, acquiring the assets and business of Dove Metrics will boost its services and products through increased transparency, especially on data about ecosystem fundraising.

Messari Vice President of Market Intelligence, Eric Turner said tapping into Dove Metrics’ technology provides it with the capacity to offer its users the tools they need to stay informed about market trends. Among the benefits will be the ability to access real-time monitoring of which top projects being backed by investors, he added

Dove Metrics has monitored more than 8,000 investors as they participated in multiple crypto funding rounds, with data gathered including that of top venture capital funds, hedge funds, corporate funds, investment DAOs and angels.

The platform has also tracked nearly 3,000 funding rounds, with more than 300 of these being financing efforts of individual funds. The datasets also include details on 200 merger & acquisitions (M&As) in the crypto ecosystem.

Dove Metrics was co-founded by two experienced individuals in the crypto investing landscape – Regan Bozman and Pierre Chuzeville (also of early-stage crypto venture capital fund Lattice).

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