- Visa Launches Platform for Stablecoin Minting, Movement
- SOL Price Climbs as Solana Partner SBI Holdings Acquires Coinhako
- Energy Crisis Remains Nigeria’s Biggest Obstacle to Industrialisation – Emir Sanusi
- BTC, ETH, BNB Rise as NYSBA Issues Crypto Tracing Guide
- Lagos Governor Launches Climate Investment Fund
- NAICOM Warns Insurers Against Flouting July 31 Recapitalisation Deadline
- NGX Chair Seeks Capital, Insurance Partnership
- Cardano Jumps 5% as Van Rossem Hard Fork Activation Boosts Optimism
Cryptocurrency
Visa (NYSE: V) has announced the Visa Stablecoin Platform (VSP), a new enterprise platform
Solana (SOL) price climbed to $74.85, slightly trailing Bitcoin’s 1.69% gain, primarily driven by a modest beta move relative to the broader market.
Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB) bolstered the crypto market rally as investors reacted to the New York State Bar Association (NYSBA) tracing updates.
Bitcoin Cash price (BCHUSD) declined by 3% to $214.5 on Saturday, primarily driven by a broad market sell-off amid extreme fear sentiment.
Hyperliquid (HYPEUSD) declined by 6% to $56.87, underperforming a broader market that was also declining, primarily driven by a major scheduled token unlock.
The crypto market capitalisation plunged to $2.1 trillion over 24 hours, primarily driven by a massive cascade of liquidations that amplified selling pressure.
Ripple (XRP) price declined 5% to $1.07 during the early trading session on Saturday, underperforming a broadly weak crypto market primarily driven by whale distribution colliding with persistent U.S. regulatory uncertainty.
Ethereum price (ETHUSD) dropped by about 10% in 24 hours to $1,598.17, underperforming Bitcoin’s 3.92% drop, primarily driven by a cascade of leveraged long liquidations amid a broad altcoin market crash.
Bitcoin price (BTCUSD) nosedived to $61,491, underperforming the broader market’s 4.46% decline and was driven primarily by sustained institutional selling pressure.