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Ripple Takes Equity Stake in Africa's Leading Fintech @Ripple has made a strategic equity investment in @theflutterwave as part of the African payments company's Series E funding round. Flutterwave, o

Ripple Backs Flutterwave At $3.2B Valuation To Scale African Payment Rails

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World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Creation Challenge — Post and Win 1,500U 💥 Analysts Say Bitcoin Hit Cycle Low at $59K, Bulls Keen On Fresh Big

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Analysts Say Bitcoin Hit Cycle Low at $59K, Bulls Keen On Fresh Big Buys

Digital assets are gaining momentum after a stretch of outflows wiping out billions from the market cap. Over 24 hours, the total market surged 3.91% to above $2.28 trillion, with analysts suggesting further gains could come as macroeconomic conditions improve. Bitcoin (BTC) is trading at $66,802, up 4.89% today.

Standard Chartered global head of digital assets research Geoff Kendrick, in a note to investors, highlighted reasons why Bitcoin is out of the water after a prolonged red wave. According to him, Bitcoin winter is over, and spring is upon the market.

Analysts believe the market has seen the price reach a low this cycle at $59k and that it is expected to rebound if technical indicators remain positive. Traditionally, assets are expected to swing higher after their cycle lows, but the risk remains in how high BTC can climb. 

A cycle low at $59k means the asset dropped about 53% from its all-time high above $126k last year. Skeptics argue that “defeated” corporate treasuries might not rise as fast to propel the market to the bull’s projected case. 

For Kendrick, three confirmations are needed to pitch in the crypto spring. First, confirmation that Michael Saylor’s Strategy bought Bitcoin last week. Over the weekend, Saylor tweeted that he was still adding dots, although no direct purchase was mentioned. 

Last week, the Bitcoin enthusiast came under fire for a 32 BTC sale that sank market sentiment. Saylor has been pro-accumulation but sold to balance the company’s financials, a move that stunned bulls because he led the corporate treasury’s diversification last year. 

However, he explained that the company will sell assets if necessary, clarifying the situation. 

Analysts Say Bitcoin Hit Cycle Low at $59K, Bulls

My biggest turnaround bets: FinTech $SOFI $NU Software $TEAM $RDDT $NOW $ZETA AI data center: $CRWV Quantum: $IONQ $RGTI Energy: $OKLO $SMR $ENPH $TE Energy storage: $EOSE Robotics: $XPEV $SYM Bonus: 

World Cup Predictions: 100,000 USDT DailyBTC Prophet: 20-Day 380 Million HTX ChallengeHTX Creation Challenge — Post and Win 1,500U 💥IMF says Nigeria's stablecoin adoption is 'testing the limits' of mo

IMF says Nigeria's stablecoin adoption is 'testing the limits' of monetary and regulatory frameworks
The IMF said widespread use of U.S. dollar-pegged stablecoins in Nigeria could weaken domestic monetary policy transmission and raise financial integrity concerns.

Nigeria accounts for about 60% of sub-Saharan Africa’s stablecoin inflows since 2019, according to the IMF.
The International Monetary Fund said Nigeria's surging stablecoin adoption is “testing the limits” of existing monetary and regulatory frameworks, as households and small firms increasingly use dollar-pegged digital tokens for cross-border payments.

Stablecoins have gained traction in Nigeria because they allow users with a smartphone and internet access to receive remittances or make cross-border payments in minutes, often at lower cost than traditional channels, the IMF said in a report on Tuesday. 

The average cost of sending $200 to sub-Saharan Africa remains around 9% of transaction value, well above the global average of 6%, the organization added, citing the World Bank. 

According to the report, domestic conditions also accelerated the shift to stablecoins in 2023 and 2024. A sharp depreciation of the naira, persistent inflation, and limited access to official foreign exchange pushed households and small firms toward dollar-linked assets to hedge currency risk and settle payments with overseas suppliers. 

But the same features that make stablecoins attractive also raise policy concerns. The IMF said widespread use of U.S. dollar-denominated stablecoins can resemble a digital form of dollarization, potentially reducing demand for the local currency and weakening the transmission of domestic monetary policy. 



IMF says Nigeria's stablecoin adoption is 'testing

KNC (Kyber Network) powers KyberSwap, a multi-chain DEX aggregator focused on better swap execution. No verified updates in the last 30 days (May 16–Jun 16). With no Square posts, community sentiment 

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World Cup Predictions: 100,000 USDT DailyTradFi Trading Strategies Sharing ChallengeHTX Creation Challenge — Post and Win 1,500U 💥 ARO Network, a renowned decentralized AI infrastructure platform, has

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ARO Network, a renowned decentralized AI infrastructure platform, has partnered with Zypher DAO, a popular DAO for an AI-based, Zero-Knowledge-led economy. The partnership merges the strengths of both entities to delve into unique possibilities for user-centric and intuitive blockchain applications. As ARO Network mentioned in its official X announcement, the development underscores a rising shift toward the merger of decentralized networks, cutting-edge cryptographic technologies, and AI. Thus, the move is a shared effort highlighting the rising significance of developing effective and widely accessible AI solutions to benefit digital users.ARO Network’s partnership with Zypher DAO is set to develop an “Agentic Edge.” Agentic Edge denotes a decentralized shared ecosystem to let users own AI agents. The network attempts to redefine untapped computing resources, delivering a high-performance AI architecture to enable millisecond-scale latency. By using diverse decentralized resources, both platforms aim to provide consumers with more control over AI networks, along with decreasing reliance on conventional centrally-controlled infrastructure frameworks.

Apart from that, the partnership represents a mutual vision creating an intuitive on-chain economy that leverages Zero-Knowledge and AI technologies. The respective approach endeavors to back the development of scalable and secure decentralized applications, marked by seamless integration of AI within the blockchain networks. The combination of the Web4-focused network of Zypher DAO with the infrastructure capabilities of the ARO network seeks to develop exclusive frameworks that let users interact with different AI-led blockchain systems.

According to ARO Network, the collaboration signals a key move toward the expansion of practical utilities of advanced decentralized technologie

Zypher DAO and ARO Network Unite to Power AI-Nativ

sTRX & TRX Vaults Campaign Enters Phase 15 🎉 The latest round of incentives is now live for the USDD ecosystem, introducing updated vault conditions and expanded yield opportunities across TRON-based 

Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Ripple invested in African fintech Flutterwave's new funding round, valuing the company at $3.2 billion.Flutte

Ripple invests in Flutterwave, pushing its stablecoin and XRP Ledger into payments across Ripple invested in African fintech Flutterwave's new funding round, valuing the company at $3.2 billion.Flutterwave will integrate Ripple's $RLUSD stablecoin and the $XRP Ledger network into its payments and remittance network.The companies said the partnership could help businesses move money across borders faster and at lower cost.Ripple, the blockchain firm closely associated with the $XRP Ledger ($XRP) network, invested in African payments company Flutterwave as part of its Series E funding round, a deal centered on expanding the use of stablecoins for cross-border payments.

Flutterwave said Tuesday that the funding round values the company at $3.2 billion. Financial terms of Ripple's stake were not disclosed.

The deal will integrate Ripple's U.S. dollar-backed stablecoin, $RLUSD, into Flutterwave's payments infrastructure, allowing businesses to settle some international transactions using digital dollars rather than relying solely on traditional banking networks.Flutterwave will also connect to Ripple Payments, Ripple's global payments network, and use the $XRP Ledger blockchain to process transactions.The companies said the goal is to make it easier and cheaper for businesses across Africa to send and receive money internationally.



Ripple invests in Flutterwave, pushing its stablec

Bitmine Immersion Technologies, the largest Ethereum-focused treasury company, continued its accumulation streak this week, acquiring 76,881 ETH worth approximately $136 million at current prices. The

Ethereum News: Bitmine Adds $136 Million in ETH, Funded by New Preferred Stock — And Tom Lee Says St

Tether inks MoU with DMCC to push tokenization, blockchain adoption and education in Dubai Tether and the Dubai Multi Commodities Centre (DMCC) have signed a memorandum of understanding aimed at accel

Tether and DMCC sign MoU to boost tokenization, payments and blockchain education in Dubai

BitMine is getting close. The company’s Ethereum holdings now sit above $10 billion in value, and it’s edging toward controlling… Read the original on BitMine Closes In on 5% of Ethereum’s Total Supply With $10 Billion Stack. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

 BitMine is getting close. The company’s Ethereum holdings now sit above $10 billion in value, and it’s edging toward controlling…<br /><br />Read the original on BitMine Closes In on 5% of Ethereum’s Total Supply With $10 Billion Stack. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

BitMine Closes in on 5% of Ethereum’s Total Supply With $10 Billion Stack

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BitMine Closes in on 5% of Ethereum’s Total Supply With $10 Billion Stack

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