#Ripple, a leading #Crypto fintech company, is going forward to bring the #XRP Ledger to central banks
#Ripple announced via a job listing site that it was looking to hire three central bank technical partner managers – one for each of its offices in #London, #SanFrancisco, and New York
The #XRP Ledger (XRPL) is an open-source, decentralized #blockchain technology that provides significant benefits for banks such as scalability, speed, and cost
Built for payments, #XRP ledger can also be used to support the issuance of #stablecoins with a unique, fungible token functionality called issued #Currencies
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#Bitcoin’s market value now $468 billion, bigger than #GDP of #Africa’s largest economy
The price of the world’s most popular #cryptocurrency recently surpassed $25,000, reaching a new milestone of $25,199.50 on #FTX exchange and surpassing the Gross Domestic Product of any country in #Africa
#Africa's largest economy, #Nigeria has a #GDP, valued at $$448.1 billion. At the time of writing this report, #Bitcoin comfortably outmatched #Nigeria’s #GDP with a market value of $468 billion
Despite #Bitcoin having touched a new milestone on #Christmas day by hitting a new all-time high of $24,600 with yearly gains of about 236%, it still lags behind a handful of listed #American stocks in terms of yearly returns
The leader of the pack remains #Chinese car company, #Nio, often tagged the Chinese #Tesla. Nio has outperformed by 11-fold gain this year alone, pushing the #car company’s market value past car giants like American based #GeneralMotors
The world’s most popular #Crypto, #Bitcoin is having a run not seen in the #Crypto-verse, especially on boxing day.
The flagship #Crypto traded at $24,845.80 with a daily trading volume of $44,952,165,090. #Bitcoin is up 5.76% for the day. The current market value of Bitcoin stands at $461.7 Billion
#Bitcoin is fired up on all cylinders, smashing its past record highs at the speed of light, and it seems the momentum trade is strengthening as mass media outlets embrace #Crypto coverage
Trading in the top three equities namely #AccessBank Plc., #ZenithBank Plc., and #AXA Mansard Insurance Plc. (measured by volume) accounted for 1.439 billion shares worth N13.881 billion in 2,972 deals
#Nigerian’s crude, selling at $51/barrel, kept stocks rally up. #Stock experts anticipate the present bullish run currently playing at #Africa’s best-performing #equity market will remain long term, albeit alongside #profit-taking seen lately at its last trading session