- Anthropic’s $2trn IPO Puts AI’s Circular Money Machine on Trial
- Oil Prices Edge Higher on Supply Shock, Brent Rises 4%
- UN Unveils $78m Lifeline for Africa’s Great Green Wall
- Nigeria Emerging as One of Africa’s AI Hubs – World Bank
- IEA Members to Accelerate Strategic Oil Reserves Release
- XRP Bleeds Out, Shrinks 5% on Rising U.S. Treasury Yields
- Nigeria, Africa Lose $74.5bn Yearly to Unfair Credit Ratings – UN
- Naira Depreciates Against Dollar as FX Supply, Demand Shift
Cryptocurrency
Ripple (XRP) is trending bearish on Thursday, down about 5% in the last 24 hours to $1.40,
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.