RedotPay said users can convert cryptocurrency into Nigerian naira and receive funds directly in their local bank accounts within minutes. RedotPay has teamed up with Ripple to launch “Send Crypto, Receive NGN,” a new feature that lets users convert digital assets into Nigerian naira and receive the funds in local bank accounts within minutes. The service is built on Ripple Payments and supports a basket of major tokens at launch, including USDC (USDC), USDt (USDT), Bitcoin (BTC), Ether (ETH), Solana (SOL), Tron (TRX), XRP (XRP) and BNB (BNB), with Ripple USD (RLUSD) expected to be added later, Ripple said in a Tuesday announcement. “RedotPay is building stablecoin‑powered payments that make digital assets as easy to use as local currency, where users can send XRP or stablecoins securely and receive NGN within minutes,” RedotPay’s CEO Michael Gao said. Read more
A similar setup in 2023 preceded a 340% Bitcoin rally, reinforcing the argument that BTC is undervalued at current prices. Bitcoin (BTC) has been in a downtrend since early October, with the price dropping below its network value, suggesting a possible recovery in 2026. Key takeaways: Bitcoin price dropped below its fair value, a setup that has historically preceded positive one-year returns. Read more
Grayscale said Bitcoin’s 2025 sell-off looks like a local bottom, not a new cycle peak, with Fed policy and US crypto bills key for 2026. Bitcoin’s latest pullback may already be bottoming out, with asset manager Grayscale arguing that the market is on track to break the traditional four-year halving cycle and potentially set new all-time highs in 2026. Some indicators are already pointing to a local bottom, not a prolonged drawdown, including Bitcoin’s (BTC) elevated option skew rising above 4, which signals that investors have already hedged “extensively” for downside exposure. Despite a 32% decline, Bitcoin is on track to disrupt the traditional four-year halving cycle, wrote Grayscale in a Monday research report. “Although the outlook is uncertain, we believe the four-year cycle thesis will prove to be incorrect, and that Bitcoin’s price will potentially make new highs next year,” the report said. Read more
Vanguard CEO Salim Ramji ruled out crypto ETFs on its platform in August, but consistent demand for crypto has seemingly changed his firm’s tune. Vanguard, the second-largest asset manager in the world, is set to allow its clients to start trading crypto exchange-traded funds and mutual funds on its platform starting Tuesday, reversing its previous stance on digital asset ETFs. Spurred by persistent retail and institutional demand, Vanguard will permit third-party access to crypto ETFs and mutual funds similar to how the firm treats gold, a Vanguard spokesperson confirmed to Cointelegraph in a statement. Bloomberg reported that only ETFs that meet regulatory standards will be included, such as Bitcoin (BTC), Ether (ETH), XRP (XRP) and Solana (SOL)-related ETFs. Read more