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Author: Julius Alagbe
Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.
BTC/USD: Bitcoin Price Dips on Flight from Speculative Asset Bitcoin price slides to $74,985.58, slightly outpacing the broader crypto market’s 0.99% decline, amid risk-off sentiment triggered by escalating Middle East tensions. The digital asset retreated on geopolitical risk-off sentiment after Iran closed the Strait of Hormuz, prompting a flight from speculative assets. Bitcoin fell alongside traditional risk assets after Iran closed the Strait of Hormuz on April 19, heightening fears of a broader conflict. This triggered a market-wide sell-off, undermining Bitcoin’s perceived safe-haven narrative for the session. The move was macro-driven, with Bitcoin trading in tight correlation with U.S. equities,…
Ecobank Transnational Incorporated (ETI) soared by 46% in the Nigerian stock market as investors accumulated the Pan-African financial group units ahead of dividend payments.
NEAR protocol (NEAR) price declined by about 6% to $1.34 over the past 24h, underperforming the broader market amid risk-off sentiment across crypto assets.
XRP Price Dips, Investors Take Profit as Iran Closes Hormuz XRP’s price has declined to $1.43 over the past 24h, from $1.50, amid a risk-off shift in crypto markets following renewed Iran-U.S. geopolitical tensions. Geopolitical risk-off sentiment after Iran reversed its stance on the Strait of Hormuz, triggering a broad crypto selloff. Prices fell after Iran announced that the Strait of Hormuz was again under strict military control, reversing earlier optimism about a ceasefire. This renewed geopolitical tension caused a risk-off move across crypto, with XRP showing a higher beta (down 4.12%) than Bitcoin (down 2.33%). This sector-wide weakness contributed…
TRON Climbs to $0.33 Amidst Major U.S Exchange Listing TRON (TRX) price climbed to $0.330, rising amid a broader market dip, primarily driven by a major U.S. exchange listing that expands compliant market access. TRX has seen significant fluctuations, driven by negative sentiment in the crypto market, until Iran and the US reached a deal to reopen the Strait of Hormuz, which was closed again. TRX began trading on the licensed U.S. exchange Binance.US, with TRX/USD and TRX/USDT pairs now active since April 17, driving the altcoin rally versus the broader crypto market. TRON DAO’s spokesperson emphasised that this step…
Bitcoin price retreated by about 3% to $75,682.21 over the past 24h, closely tracking a 2.26% decline in the total crypto market cap. The move appears primarily driven by a broad market pullback amid cooling sentiment, with no single negative catalyst evident in the data provided.
XRP posts 7.5% gain in the last seven trading sessions as geopolitical de-escalation boosts optimism in the cryptocurrency market. Trading data showed that XRP surged while struggling to break resistance, trading around $1.60.
Ethereum (ETH) price inched up by about 3% to $2,403.23 over the past 24h, closely tracking Bitcoin’s 2.53% gain, driven by sustained institutional demand amid spot ETF inflows, ETHgas, and theEther.fi deal.
Bitcoin (BTC) price surged to $77,124.75 over the past 24h, leading a broad market rally driven by easing geopolitical tensions and news that Anthropic’s top-ranked AI model, Claude Opus 4.7, can now autonomously hold and trade BTC through Coinbase’s AgentKit.
A side hustle is a great way to boost earnings. But there are certain opinions that you need to be a “GENIUS” to balance the side hustle alongside your real job.
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