- XRP Jumps as Ripple, Coinbase Partner to Expand Access to RLUSD
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- 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
The price of XRP surged to $1.44 as positive momentum formed following the recognition of Ripple’s CEO, Brad Garlinghouse, who received a top leadership award from Harvard.
Monero (XMRUSD) gained 5.24% to $393.92, outpacing Bitcoin’s 1.21% increase. The altcoin gained traction as buyers’ confidence improved. The narrative surrounding Monero is split between its growing reputation as a leading privacy asset and the inherent security challenges shared by proof-of-work blockchains.
Kidnappings and violent assaults targeting crypto investors in France have climbed sharply, driven by organised gangs allegedly using leaked tax data to identify wealthy holders.
Hedera (HBARUSD) surged 3% to $0.0930, significantly outpacing Bitcoin’s 0.80% gain, driven by broader market optimism and a technical breakout attempt.
Ethereum (ETH) price climbed 1% to $2,336.25, outpacing a broadly flat market, driven by a technical breakout and steady institutional flows following the endorsement from the Shank Tank investor.
Hyperliquid (HYPEUSD) is down 1.60% to $41.15, underperforming a slightly positive broader market, primarily due to technical resistance and fading momentum after a strong rally.