- Oil Prices Surge, Brent Tops $90 on Heightened Supply Risk
- NRS Issues July 31 Deadline for e-invoicing Compliance
- South African Rand Softens as Energy Crisis Stokes Inflation Concerns
- Wall Street Slips, FTSE 100 Climbs Amidst US-Iran Hostilities
- XRP Price Capped Ahead of XRPL Voting on Major Upgrade
- Financial System Flush with Cash as N4.7trn Surplus Keeps Rates Stable
- DMO to Open N1.2 Trillion FGN Bonds for Subscription
- TIP’s Robust Fundamentals Support Long-Term Investment Case
Cryptocurrency
Ripple (XRP) price is down 0.631% to $1.09 as the token continues to fall back below the line due to sustained outflows linked to exchange-traded funds (EFTs).
Ethereum (ETHUSD) price increased by 2.5% over 24 hours to $2,368.08, according to trading data from a crypto exchange. The altcoin gain outpaces a broader market rally driven by a geopolitical de-escalation narrative, boosting risk assets.
XRP price is locked at $1.40 after Ripple tightened supply following its monthly activities. The token has seen a significant price increase after failing to break the resistance level since last week.
Bitcoin (BTC) price topped $79k on Sunday as crypto investors continued to increase their positions amid the recent launch of Hyperliquid’s prediction market.
Hedera (HBARUSD) steadied amid news that McLaren has joined the Hedera governing council, with the price hovering at $0.08818 on Saturday.
PayPal’s (PYSUD) stablecoin is gaining momentum through corporate restructuring, market growth, and deeper financial integrations.
Solana (SOLUSD) has gained about 2% to $84.18, modestly outperforming a flat altcoin market on optimism over Western Union’s move to launch a stablecoin on the network.