- 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,
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.