Ether (ETH) dropped to $1,814 on Wednesday, its lowest in over 14 weeks, raising concerns about whether the ETH/USD pair can stabilize above key liquidity zones near its multi-year lows at $1,800. ETH/USD 1-hour chart. Source: Cointelegraph/TradingViewKey takeaways:Ether fell to a…

Abbey Mortgage Bank has secured regulatory go-ahead from the Central Bank of Nigeria (CBN) to proceed with its planned conversion to a regional commercial bank, the mortgage lender announced on Wednesday. “In addition, pursuant to he resolution of shareholders at…

[Update (June 3 at 8:01 pm UTC): This article has been updated to include a response from Fairshake in the fourth paragraph.]Democratic and Republican candidates across California, New Jersey and South Dakota won their respective primaries on Tuesday after being…

Nigeria recorded $10.37 billion in capital importation in the first quarter of 2026, representing an 83.83 per cent increase compared to the $5.64 billion received in the corresponding period of 2025 The development was contained in a report released by…

A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing.Key takeaways:Trader has opened fresh long positions in Arthur Hayes’ trinity coins: HYPE, ZEC, and NEAR.HYPE has extended its bull…

Agentic payment activity on Coinbase’s Base network has surpassed 100 million transactions, signaling that machine-to-machine payments are moving beyond the proof-of-concept stage in onchain environments. According to a new Chainalysis report, wallets interacting with Coinbase’s x402 protocol generated more than…

Nestoil Limited has engaged in a verbal clash with Abubakar Sulu-Gambari, the receiver/manager appointed over the company and Neconde Energy in respect of an alleged debt default. The verbal exchange comes against the backdrop of a Supreme Court ruling delivered…

Bitcoin (BTC) hovered near two-month lows on Wednesday as 2022 bear-market comparisons returned.Key points:Bitcoin traders bring back the 2022 bear market to assess where BTC price action might go next.History shows a new lower high followed by a breakdown of…

The European Union’s Markets in Crypto Assets Regulation hits a hard deadline on July 1 when the transitional period ends and in-scope crypto asset service providers operating under national regimes must either hold a MiCA licence or stop serving EU…

The Chief Executive Officer of the Dangote Petroleum Refinery, David Bird, says the 650,000 barrels-per-day (bpd) refinery has a substantial surplus of jet fuel and is well-positioned to supply global markets. Mr Bird disclosed this on Tuesday during a speech…

Binance announced it is shutting down support for non-fungible tokens on Binance Exchange and moving NFT management to its self-custodial cryptocurrency wallet, Binance Wallet. The exchange said this will offer NFT holders “easier access to Web3 and decentralized features,” according to…

The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, has announced a new connectivity support initiative from China. Tijani said the China Industrial Bank (CIB) would support the Nigeria Universal Communication Access Project (NUCAP), an initiative bringing digital connectivity…

The Russian ruble-backed A7A5 stablecoin continued to grow despite Western sanctions, processing more than $110 billion in cumulative onchain transactions, according to CertiK.CertiK said A7A5 processed over $110 billion in cumulative onchain transactions, captured about 43% of the global non-US…

Bitcoin (BTC) has dropped 8% to a nine-week low of $65,360 from Tuesday’s high of $71,300 amid increasing geopolitical risks surrounding the US-Iran war.Key takeaways:Bitcoin slipped to $65,000 on Wednesday in a market-wide correction, liquidating $774 million in longs.Traders say…

Mastercard announced its plans to expand its settlement capabilities to let issuers and acquirers settle some card transactions using regulated stablecoins. On Wednesday, Mastercard said the new capabilities will include intraday, weekend and holiday card settlement, supporting both fiat currencies and…