- XRP Jumps as Ripple, Coinbase Partner to Expand Access to RLUSD
- Affordable Energy Critical to Nigeria’s Climate, Economy- Presidency
- Oil Rises as Attacks on Saudi Energy Assets Raise Supply Concerns
- MTN Plans Large Data Centre in Nigeria – Mupita
- CBN to Consider Banks’ Challenges over Data Localisation
- Oyedele Defends Nigeria’s $21.7 Billion Borrowing Proposal
- UBA Breaks New Ground with Google Pay for Visa, Mastercard Users
- CBN Trims Interest Rates on Treasury Bills, Raises N71bn
Cryptocurrency
XRP jumped 3% to $1.33 on Wednesday as investors reacted positively to Ripple’s partnership with C2FO
Dogecoin (DOGE) price surged 4.05% to $0.106 over the past 24h, significantly outperforming the market amid a down market, primarily driven by the launch of a new institutional investment product.
Ripple’s XRP price dips to $1.36, underperforming a slightly softer broader market amid macro headwinds pressuring the entire crypto sector.
The global crypto market cap rose to $2.57 trillion on Wednesday as the Hong Kong Monetary Authority (HKMA) and HSBC flagged fake stablecoins, prompting capital to rotate towards the top digital assets.
Hyperliquid (HYPE) price dipped by about 5% to $40.34 amidst bullish but correcting trading signals, underperforming a slightly weaker broader market, due to technical pressure after a strong rally.
Ethereum (ETHUSD) declined by about 2% in 24 hours to $2,289.09, underperforming a slight market-wide pullback amid a broader crypto sell-off.
Ripple (XRP) price broke below $1.40 on Tuesday, underperforming the broader market dip and primarily driven by correlated selling pressure with Bitcoin.