Author: News Room

Key takeaways:$30.3B in Bitcoin options will expire at year-end, with most call (buy) bets placed well above the $89,000 to $94,000 price range.Bearish strategies stay favored unless BTC breaks $94,000 as prices above $88,000 have erased over half of put (sell) option bets.As the year-end Bitcoin (BTC) options expiry approaches, bulls are increasingly skeptical about a turnaround in BTC price. A total of $30.3 billion in open interest hinges on Bitcoin’s 8:00 am UTC price on Friday, which will determine whether bears remain in control after a five-week consolidation near $89,000. Dec. 26 BTC call options open interest at Deribit,…

After being arrested for alleged involuntary manslaughter, 16 and Pregnant‘s Whitney Purvis was able to avoid another booking in an ongoing child support case. A judge ordered Purvis, 33, to be taken into custody after falling behind on child support for her kids — Weston Jr. and River — with ex Weston Gosa. She owed more than $23,000 and was nearly arrested until she paid a lump sum of $4,000, according to court documents obtained by Us Weekly. Purvis ultimately paid the full amount and the arrest order was rescinded. The reality star is still expecting to continue paying $353…

The Federal Capital Territory (FCT) High Court in Abuja, on Tuesday, granted bail to former Attorney-General of the Federation (AGF) and Minister of Justice Abubakar Malami, who is in custody of the Economic and Financial Crimes Commission (EFCC) over money laundering and suspicious wealth accumulation charges. The judge Bello Kawu granted the former minister bail in the same conditions and terms the EFCC earlier imposed. EFCC claimed on 14 December that Mr Malami had not met the bail five conditions, warranting his prolonged detention since 8 December. But on Wednesday, Mr Malami’s media aide, Mohammed Doka, accused EFCC of refusing…

Mr Farouk Ahmed, former Authority Chief of the Nigerian Midstream and Downstream Petroleum Regulatory Authority. This is where the question becomes unavoidable: If a man is truly incorruptible, why retreat so quietly from the battlefield of public opinion? If he had the courage to accuse a powerful billionaire of attempting to monopolise Nigeria’s oil sector with inferior products, why did he lack the resolve to defend himself against allegations that ended his career? When a billionaire suddenly becomes an overnight anti-corruption crusader, one should pause. Not because activism is wrong, but because power rarely moves without an agenda. In Nigeria’s…

Director of the Kwara state Fire Service, Prince Falade Olumuyiwa, has issued safety advisory on fire disasters to residents of the state during the festive period. The director, among others, advised the public to avoid careless use of electrical appliances, ensure gas cylinders and cooking equipment are properly handled. “Do not overload power sockets and always switch off power devices when not in use. “Fireworks, open flames, and bush burning should be handled with utmost caution or avoided entirely,” he further implored. Prince Falade, advised the public to call the nearest state fire station in the event of any fire…

Eric Chelle, head coach of Super Eagles, has addressed Victor Osimhen’s reaction after substituting the Galatasaray attacker during Nigeria’s 2-1 win over Tanzania on Tuesday. Chelle made the change in the 86th minute of the 2025 Africa Cup of Nations, AFCON, opener which visibly affected Osimhen and led to questions during the post-match press conference. Speaking on the matter, Chelle disclosed that he had already talked with the former Napoli striker. “We talked and it will stay between him and me,” Chelle said. “If you want more information, you’ve to tell Osimhen to ask me,” he insisted. Meanwhile, Semi Ajayi…

Pope Leo XIV has renewed his plea for global peace during the Christmas season, urging calm amid ongoing conflicts around the world. According to a statement from the Vatican, on Tuesday, the Bishop of Rome expressed his hope for a “full day of peace throughout the world” on the feast of Christ’s birth. Referring to recent Russian strikes in Ukraine, he said, “Truly, among the things that cause me great sadness in these days is the fact that Russia has apparently refused the request for a Christmas truce. “Perhaps they will listen to us, and there will be 24 hours…

A bomb explosion has been recorded at Al-Adum Jumaat Mosque around Gamboru Market area of Maiduguri, Borno State, during prayers PUNCH Online gathered that the incident, which occurred on Wednesday evening, reportedly claimed several lives and left others injured. The Borno State Police Command has confirmed the development. In a brief statement issued on Wednesday evening, the spokesperson for the Borno State Police Command, Nahum Daso, called for calm and assured residents that the entire area had been cordoned off. The statement read, “Ongoing sweeping operations by police EOD as a suspected explosion incident was recorded at Al-Adum Jumaat Mosque…

The Nigerian Civil Aviation Authority has issued a warning to domestic airlines over persistent flight delays and the failure to provide adequate care for passengers during Yuletide, warning that sanctions will be imposed on operators that continue to violate consumer protection regulations. The body issued the warning on Tuesday through the Director of Public Affairs and Consumer Protection at the NCAA, Michael Achimugu, via a video and statement separately posted on both his official X handle and that of the authority. According to the statement, the directive followed an enforcement visit by NCAA officials to the Abuja operations of three…

For years, Ethereum co-founder Vitalik Buterin has advocated for privacy in the crypto space. Buterin argues that onboarding users alone is not enough, cautioning that widespread use of “walled gardens” would undermine the core purpose of decentralized systems.“The goal is not to onboard people to Ethereum. The goal is to onboard people to openness and self-sovereignty,” he recently wrote on a X post. Source: Vitalik ButerinButerin is one of crypto’s most prominent advocates for privacy as an industry’s core value, emphasizing individual protection from state and corporate surveillance and arguing that decentralization helps disperse power away from a few dominant actors.This…