Business
Cryptocurrency traders are no longer using Bitcoin (BTC) profits to buy altcoins as they did in previous bull cycles, raising doubts about whether a broad “altseason” can return.Key takeaways:Bitcoin-to-altcoin rotation trend has collapsed to its…
For years, Bitcoin miners were little more than leveraged bets on BTC prices. That’s changing fast. As mining margins tighten and demand for AI computing accelerates, the industry’s biggest players are discovering that access to power and data center infrastructure…
Wisconsin Representative Bryan Steil, who chairs the House subcommittee on digital assets, introduced a law to prevent certain public officials from “wagering on public policy issues and political outcomes,” notably without mentioning lawmakers in the White House.In a Thursday notice,…
The Federal Government has intensified efforts to improve revenue collection and reduce leakages by engaging commercial banks to implement the Revenue Optimisation Assurance Platform (RevOp), a digital system designed to enhance transparency and accountability in public finance management. The initiative…
Bitcoin (BTC) is once again approaching its yearly low near $59,000 after a failed recovery attempt left bulls unable to reclaim key resistance levels. BTC traders are now anticipating new lows for 2026 as the price drifts back toward a…
A stress test that showed both strengths and weaknessesWhen large sums leave a financial system quickly, hidden weaknesses often become visible. In traditional finance, such situations often lead to emergency lending programs, withdrawal limits or government-backed bailouts.Decentralized finance (DeFi) works…
Italy’s highest court on Thursday acquitted two Milan prosecutors accused of failing to disclose documents that could have strengthened the defence of Italian energy giant Eni in a high-profile international corruption case linked to Nigeria’s OPL 245 oil block. The…
Andrew Tate, founder of the Real World, a company that sells online education courses on trading, lost nearly $100,000 while betting on Bitcoin (BTC) between Wednesday and Thursday.Key takeaways:Tate’s wallet balance drops to $14,000 from $100,000 in a day.The social…
The Commercial Director, Fidson Healthcare PLC, Ola Ijimakin, says the company decided to donate a Theatre Pharmacy to the Federal Medical Centre (FMC), Asaba, Delta State, because of the great job it is doing in saving lives. Mr Ijimakin said…
Bitcoin (BTC) rose above $63,000 on Friday as markets adjusted to geopolitical and macro changes.Key points:Bitcoin takes a time-out near week-to-date lows after a broadly hawkish Fed interest-rate meeting.US-Iran tensions slowly resurface with the Strait of Hormuz oil route in…
Binance’s faltering European Union Markets in Crypto-Assets Regulation (MiCA) license application in Greece has raised questions about whether the bloc’s central bank may have played an informal role in the process, despite not having formal authority over licensing decisions.Even though…
Binance is allowed to provide crypto trading access to users in the Philippines through its arrangement with BlockShoals Technologies, but neither company is authorized to handle peso transfers or perform other activities regulated by the country’s central bank, according to…
Bitcoin (BTC) could reach its new “macro bottom” by September, as price action continues to surprise traders.Key points:Bitcoin may “front run” exchange order-book liquidity to produce a bear-market low between $50,000 and $60,000.A trader sees “complete disbelief” if price reverses…
British energy giant Shell Plc has appointed Elohor Aiboni as its new Executive Vice President and Country Chair for Nigeria, following the departure of Marno de Jong after more than six years leading the company’s operations in the country. In…
Microsoft Threat Intelligence is warning Windows users about a cryptocurrency clipper strain of malware transmitted via USB drives. The malware, which has been affecting users since February, steals clipboard data to extract wallet credentials using “high-frequency clipboard theft, screenshot exfiltration, and…
President Bola Tinubu has announced that Nigeria has secured more than 449,000 metric tonnes of fertiliser inputs—equivalent to about nine million bags—to support agricultural production and strengthen food security across the country. The president disclosed this in a statement posted…
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