Saturday, October 17

Business

Why cement prices are high in Nigeria

A report by the policy think tank Agora Policy has blamed weak competition in Nigeria’s cement industry for persistently high cement prices and rising construction costs nationwide. The report, published on Tuesday by Agora Policy, a Nigerian think tank committed…

Bitcoin Hits 2026 Low Under K But Analyst Says It’s Normal

Bitcoin fell under $73,000 as futures liquidations soared and worries over this week’s US corporate earnings triggered a stock sell-off. Will traders finally step in to buy “discounted” BTC?Bitcoin (BTC) tumbled to a new 2026 low of $72,945 on Tuesday…

Galaxy Digital Reports 2M Net Loss in Q4 2025

The crypto company reported significant net losses to its balance sheet in 2025 due in part to “lower digital asset prices and approximately $160 million of one-time costs.“Digital assets and AI infrastructure company Galaxy Digital reported a net loss of…

VistaShares Debuts BTYB, a Treasury ETF with Bitcoin-Linked Exposure

VistaShares has launched BTYB, an actively managed exchange-traded fund (ETF) listed on the New York Stock Exchange that allocates most of its assets to US Treasurys while using options strategies to provide weekly income and Bitcoin-linked price exposure.According to the…

Spain to Follow UK with Plans to Ban Social Media for Under 16s

Pedro Sánchez announced that Spain would implement several changes to laws impacting social media platforms starting next week, with potential criminal liability for executives.Spain’s Prime Minister Pedro Sánchez said that the country plans to ban access to social media for…

Lasaco Assurance slumps into annual loss as FX gains fade out

Lasaco Assurance fell into lossmaking position in 2025 as the significant foreign exchange gains that boosted profit the year before faded out, and insurance service result turned negative for the second year running. The life and general insurance provider recorded…

These Metrics Suggest 0 Was the Local Bottom

Solana (SOL) price has possibly formed a bottom around $100 on multiple time frames, a setup that could help SOL price recover toward $260 in the long term.Key takeaways:SOL must break several resistances before $260SOL’s price action has led to…

Fireblocks Adds Canton Support as Institutional Tokenization Expands

Crypto infrastructure company Fireblocks has added support for the Canton Network, allowing financial institutions to custody and settle assets on a privacy-enabled blockchain designed for regulated markets. According to Tuesday’s announcement, the integration enables governed settlement of Canton Coin (CC) through…

Real-World Assets Don’t Need New Gatekeepers

Opinion by: Joaquin Mendes, chief operating officer of Taiko​For centuries, value moved between hands: gold for grain, livestock for land. No intermediary decided on arbitrary values; the price was determined directly between the parties. No intermediary decided how much a…

Gas key to Nigeria’s prosperity, Africa’s energy future – Ojulari

The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPC Ltd), Bashir Ojulari, has described Nigeria’s vast natural gas resources as the cornerstone of the country’s economic transformation and Africa’s energy future. Speaking at the Nigeria International…

Xapo Bank Data Shows Bitcoin-Backed Loans Skew Long-Term

Bitcoin-backed borrowing at the Gibraltar-based Xapo Bank is increasingly being used for long-term financial planning rather than short-term liquidity, according to the bank’s 2025 Digital Wealth Report.Shared with Cointelegraph, the report says 52% of the Bitcoin-backed loans issued by Xapo…

Epstein Files Point To .2M Coinbase Investment In 2014

Newly released US Justice Department emails suggest Jeffrey Epstein, the late financier and convicted sex offender, gained exposure to early cryptocurrency venture investments through intermediaries, including a reported stake in Coinbase.Epstein may have invested $3.25 million into cryptocurrency exchange Coinbase…

Bitcoin ETFs Rebound 2M After .5B Outflows

Bitcoin exchange-traded funds (ETF) experienced another recovery on Monday amid a challenging market environment for BTC and broader digital assets.Spot Bitcoin (BTC) ETFs drew about $562 million of inflows, breaking a four-day outflow streak. $1.5 billion of outflows were recorded…

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