- 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.
Ethereum (ETH) price is struggling to rebound after slipping 8% to $1,730 on Thursday amid bearish action driven by relentless institutional selling via spot ETFs and a cascade of leveraged long liquidations.
Cardano price (ADAUSD) plunged 13.51% to $0.188 over 24h, underperforming the broader market downturn, driven primarily by escalating ecosystem distress and negative sentiment.
Ripple (XRP) price is down 7.04% in 24 hours to $1.15, underperforming a broader market sell-off primarily driven by a wave of forced selling from leveraged long positions.
Bitcoin price (BTCUSD) is down by 6.3% over 24 hours to $62.919 on Thursday, driven by sustained institutional selling pressure. With about $60 billion in transaction value, Bitcoin’s decline is rooted in institutional exits and exacerbated by the unwind of derivatives.
NEAR Protocol (NEARUSD) gained 13% in 24 hours to $2.88, sharply outperforming a declining Bitcoin and broader market, primarily driven by a sector rotation into AI-focused cryptocurrencies.
Zcash (ZEC) climbed by about 11% to $604.03, sharply outperforming a declining market, driven primarily by a positive reaction to a swift security fix.