- 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 (BTC) lost 3% in 24 hours to $71.4, underperforming a flat S&P 500 as Michael Saylor, Strategy Inc. chairman and co-founder, sold 32 Bitcoins for roughly $2.5 million between May 26 and May 31 to fund preferred stock dividend payments.
Ripple (XRP) price dipped more than 4% to $1.28 on Monday as investor sentiment continued to decline amidst 1 billion XRP unlocked from escrow.
Ethereum (ETHUSD) declined below $2k as sellers continue to dominate trading activities in the cryptocurrency market.
Giving up its slight gains, Dogecoin (DOGEUSD) slipped slightly to $0.1006 in the last trading session of May, driven by profit-taking across memecoins.
Zcash (ZECUSD) rose by 5.05% to $546.98 amid weak cryptocurrency market conditions, after significant sell pressure had driven its market value lower.
Hedera (HBARUSD) gained 5.02% over 24 hours to $0.0975, significantly outperforming a flat Bitcoin and the broader market, driven primarily by a surge in leveraged derivatives positioning and whale accumulation.