Author: Julius Alagbe

Zcash Tops $1,000 as Investors Rotate into Privacy Coins Zcash (ZEC) price extended its momentum, up by 1% to $1008.75 on Saturday, outperforming a down Bitcoin, primarily driven by a rotation into the privacy coin sector. ZEC’s positive move diverged from Bitcoin’s 1.81% drop, showing it’s driven by alpha, not beta. The rally aligns with gains in other privacy assets, such as Dash, suggesting a narrative-driven rotation. This indicates traders are allocating capital to the privacy sector, possibly as a thematic bet amid broader market consolidation. The move is less about a new ZEC-specific catalyst and more about capital seeking…

XRP is down 2.83% to $1.41 over the last 24 hours, underperforming Bitcoin’s 1.63%

SK Hynix Tokenised bStocks price surged by about 6% in 24 hours to $175.71 …

Binance Coin Rises on Pasteur Upgrade, Kalshi Listing Optimism Binance Coin (BNB) price rose by 0.97% to $728.92, outperforming a declining Bitcoin, primarily driven by positive sentiment around its network’s fundamental upgrades and scalability roadmap. BNB’s movement reflects bullish ecosystem developments, including the recent Pasteur upgrade that doubled network throughput, fueling investor confidence in BNB Chain’s long-term utility. The primary driver is sustained optimism around BNB Chain’s infrastructure. Social media highlights the recent Pasteur upgrade, which doubled transactions per block, increasing throughput and accelerating finality. Analysts note this “quiet infrastructure upgrade” sets the stage for future adoption, particularly for AI…

XRP has backflipped, down about 5% in hours to $1.39, underperforming the broader market

Amazon Tokenised bStocks (AMZNB) is down 0.70% to $255.98 over the past 24 hours…

SpaceX Tokenised bStocks Climbs on Higher Trading Volume SpaceX Tokenised bStocks (SPCXB) climbed by 1.50% in 24 hours to $149.65 on Friday, moving independently of Bitcoin and the overall crypto market direction. The tokenised stock’s positive price movement was primarily driven by a surge in social media activity and increased visibility on a major decentralised exchange. Traders said today’s price surge was fueled by coordinated social attention and easy access on a high-volume DEX, not by a fundamental SpaceX announcement. The rally aligns with growing activity in tokenised real-world assets (RWAs). Kraken expanded its tokenised equity platform, and BNB Chain…

Dangote Petroleum Refinery Obtains Approval to Raise N2.15trn from IPO The Securities and Exchange Commission (SEC) has approved the commencement of the Initial Public Offering (IPO) of Dangote Petroleum Refinery and Petrochemicals to raise N2.15 trillion The company said the regulator’s approval paves the way for what could become one of the largest capital market transactions in Nigeria’s history. The approval was conveyed in a letter to the Lead Issuing House, Vetiva Advisory Services Limited, and signed by the Director of the Securities and Investment Services Department of the SEC, Abdulkadir Abbas. According to the Commission, the proposed offering comprises…

SK Hynix Tokenised bStocks Gains 4% on Crypto Momentum SK Hynix Tokenised bStocks is up 3.99% to $166.06 on Friday, closely tracking a broad crypto market rally, supported by a dovish signal from the US Federal Reserve. The move was primarily driven by beta to the surging crypto market, amplified by positive regulatory sentiment for tokenised assets from South Korea’s newly announced roadmap. SKHYB’s 3.95% gain closely mirrors Bitcoin’s 4.09% surge and the total crypto market cap’s 3.76% increase over the same period. Bitcoin reclaimed $80,000 as markets priced in lower odds of a Federal Reserve rate hike following dovish…

South African rand (ZAR) trades strongly against the US dollar and other Western…