Bitcoin (BTC) reached a new three-month high of $80,500 on Monday, testing the level for the first time since Jan. 31. The rally above $80,000 puts the price just below short-term holders’ cost basis of $81,486, the next dynamic resistance…

South Africa has announced an upward adjustment in fuel prices effective 6 May 2026, citing rising global crude oil prices, higher international petroleum product costs, and supply disruptions linked to tensions in the Middle East. The development highlights mounting pressure…

Tether’s tokenized gold product, Tether Gold (XAUt), saw reserves expand sharply in the first quarter as investor demand for bullion increased amid macroeconomic uncertainty ahead of the Iran war.In its latest report, Tether said XAUt surpassed $3.3 billion in market…

The Nigerian National Petroleum Company Limited (NNPCL) has announced that it signed a Memorandum of Understanding (MoU) with two Chinese companies to support the completion, operation, and possible expansion of the Port Harcourt and Warri refineries. In a statement published…

Key points:Bitcoin’s rally through $79,500 opens the door to a move toward $84,000.Ether, Dogecoin and Hyperliquid are showing strength, but the other major altcoins are yet to pick up momentum.Bitcoin (BTC) opened the new week with a rally above $80,500,…

Governor Umo Eno has said the newly attained international status of Victor Attah International Airport will improve regional connectivity and reduce the need for Nigerians to transit through other countries to access destinations within West Africa. Mr Eno spoke on…

Bitcoin (BTC) saw volatility at Monday’s Wall Street open as fresh US-Iran war events sparked instability.Key points:Bitcoin wobbles around the $80,000 mark as Iran tensions steer risk-asset markets.The overhead CME futures gap becomes the new target for traders wanting proof…

The Nigerian National Petroleum Company Limited (NNPCL) posted a profit after tax of N276 billion in March 2026, as the national oil firm sustained growth in gas production and sales while maintaining steady crude oil output. These disclosures were contained…

Prediction markets are evolving from retail speculation platforms into institutional-grade financial instruments, driven by demand for precise macro hedging and clearly defined binary outcomes, according to a May 4 report by Bernstein.The report highlights why institutional investors may find these…

The US Securities and Exchange Commission has delayed the expected launch of the first exchange-traded funds (ETFs) linked to prediction markets after requesting more information about their structure and disclosures, Reuters reported Monday.The delay affects more than two dozen proposed…

Dubai, UAE, May 5, 2026 – ZIGChain, the blockchain built to bring regulated investment products onchain for everyday users, today reflected on its second annual ZIGChain Summit, a defining gathering for the future of onchain finance, held on 28 April…

Market analysts said Bitcoin (BTC) is “primed for upward momentum” after rallying past $80,000 during the early Asian trading hours on Monday. Key takeaways:Bitcoin price rises to a 13-week high of $80,610 on Monday amid $462 million in crypto liquidations.The CME…

The Nigeria Police Force has said it has handed over the case file of the four officers involved in the extrajudicial killing of a suspect to the Office of the Attorney General of the Federation (AGF) for vetting and prosecution.…

South Korea’s crypto industry has reportedly warned that proposed Anti-Money Laundering (AML) rule changes could create operational confusion by forcing virtual asset service providers (VASPs) to report all overseas-linked virtual asset transfers worth 10 million Korean won (about $6,800) or…

GameStop proposed an unsolicited, non-binding $55.5 billion acquisition of eBay in a cash-and-stock deal, as the video game retailer looks to push further beyond its legacy retail business.The company on Sunday submitted a non-binding proposal to acquire 100% of eBay…