Saturday, December 6

Business

Kevin O’Leary Tips Fed Not To Cut Rates In December

American entrepreneur and investor Kevin O’Leary has pushed back against speculation that the US Federal Reserve will cut interest rates in December — a move that typically signals a favorable outlook for crypto. However, O’Leary doesn’t anticipate a Fed rate hold…

CBN orders 48-hour refunds for APP fraud victims

The Central Bank of Nigeria has proposed new rules requiring banks and other financial institutions to refund victims of Authorised Push Payment fraud within 48 hours of investigations being concluded. This is according to the draft “Guidelines for Handling Authorised…

Prediction Market Kalshi Raises B at B Valuation

Prediction market Kalshi has closed a $1 billion funding round at a valuation of $11 billion, after seeing its best-ever monthly volume in November.Confirming an earlier report by TechCrunch, Kalshi said on Tuesday that its latest Series E round was…

ETH Hits K But It’s Too Early To Call A Reversal

Key takeaways:The ETH futures premium and the put options skew indicate that traders are hedging aggressively despite an 8% price rebound.Ethereum’s weekly fees slid 49% amid weakened DEX activity, while Tron and Solana fees rose 9%.Ether (ETH) gained 8% on…

Taurus Adds Everstake Integration to Expand Institutional Staking Options

Taurus has entered into a partnership with Everstake that will integrate enterprise staking into its custody system for institutional clients, offering access to yield generation across proof-of-stake networks.Taurus, a Swiss FINMA-regulated digital asset infrastructure provider, will integrate Everstake’s non-custodial staking…

SOL Supply Squeeze Supports 0 Bottom, But Is It Enough?

Solana’s (SOL) onchain flows are flashing a powerful supply-side shift with the crypto asset hovering just above the $120 support zone, but market participation still needs to intensify to turn this structural advantage into upside momentum.Key takeaways:$2.12 billion USDC flowed…

CME Launches Bitcoin Volatility Index and Crypto Benchmarks

The Chicago-based CME Group has introduced a new suite of cryptocurrency benchmarks designed to provide standardized pricing and volatility data for institutional traders using tools they’re familiar with across traditional asset classes.Announced Tuesday, the CME CF Cryptocurrency Benchmarks cover a…

Unlimit Debuts Stable.com for Non-custodial Stablecoin Swaps

Fintech payments provider Unlimit has launched a non-custodial platform designed to act as a clearinghouse for major stablecoins and provide direct global off-ramps. The company said the service will simplify stablecoin swaps by pairing decentralized exchange mechanics with its existing global…

American Bitcoin (ABTC) Crashes 51% as Crypto Rout Deepens

Shares of American Bitcoin Corp (ABTC), the Bitcoin-mining and treasury company headed by Eric Trump, plunged on Tuesday as difficult market conditions continued to pressure crypto-linked equities.ABTC, which debuted on the Nasdaq in early September following a reverse merger with…

Will ETH Continue to Decline in December?

Ethereum’s native token, Ether (ETH), extended its downturn into December after falling roughly 30% over the past three months, raising worries about how much further the sell-off could run by year’s end.Key takeaways:ETH could slide toward $2,500–$2,200 if MVRV support…

Bank Of America Endorses 1–4% Bitcoin Allocation

More big-name financial institutions are opening the door to Bitcoin exposure, signaling a growing institutional appetite for regulated digital asset products.Bank of America, the second-largest US bank, reportedly recommended a 1%–4% cryptocurrency allocation to its wealth management clients through the…

Fuel price drops 11.18% in one year, says NBS

The National Bureau of Statistics has reported that the average retail price of a litre of petrol fell from N1,184.83 in October 2024 to N1,052.31 in October 2025. The NBS disclosed this in its Petrol Price Watch for October 2025,…

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