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Crypto
Blockworks acquires Messari, expands crypto data integration
Blockworks has acquired crypto research and analytics firm Messari for more than $10 million, Cointelegraph reported on June 12. The deal is expected to expand Blockworks\' cryptocurrency data and research business. Messari raised $35 million in a 2022 Series B round and was valued at about $300 million at the time. The Wall Street Journal said the lower price reflects sluggish performance at Messari and broader weakness across the crypto industry.
Crypto
XRP seen rising to $15 long term; drop to $1 possible if short-term support breaks
A forecast said XRP could rise to $5 and as high as $15 over the long term, while a warning said it could slide to $1.00 to $1.10 if it breaks below the lower end of a symmetrical triangle pattern. Crypto analyst Crypto Patel flagged $1.00 to $0.70 as a possible long-term accumulation zone. On-chain data showed rising active and new addresses, alongside increases in whale wallets.
Crypto
Crypto data firm Dune cuts 25 percent of staff citing AI efficiency
Crypto data company Dune cut 25 percent of its workforce as it restructures to focus on its core data products, The Block reported on May 14. Co-founder and CEO Fredrik Haga said the layoffs are aimed at sharpening focus on a key data product used by thousands of crypto industry customers. He cited AI investment, saying Dune MCP enables teams and agents to build dashboards and workflows without SQL or data infrastructure knowledge.
