Tuesday, October 20

Business

Crypto ETPs Post 4M Outflows As Bitcoin Leads Losses

Crypto investment products posted significant outflows last week, with a four-day run of withdrawals erasing part of the $1.5 billion in inflows seen during the first two trading days of 2026.Crypto exchange-traded products (ETPs) saw $454 million in outflows last…

Adam Back’s H100 And Future Holdings To Merge In Swiss Deal

Future Holdings AG, a Switzerland-based Bitcoin treasury company backed by industry veteran Adam Back, has agreed to preliminary terms that may see it acquired by Sweden-listed H100 Group.The Swiss Bitcoin (BTC) treasury company on Monday announced it had entered a…

South Korea Will Allow Corporate Crypto Investment After 9 Years

South Korea’s Financial Services Commission (FSC) is reportedly updating its guidelines to allow corporations to invest in digital assets after a nine-year ban. Listed companies and professional investors will be able to invest up to 5% of their equity capital in…

Vitalik Wants Better Decentralized Stablecoins on Ethereum

One of the inventors of Ethereum, Vitalik Buterin, argues that Ethereum needs better decentralized stablecoins to truly give people independence from the traditional financial system. “We need better decentralized stablecoins,” Buterin said in a post to X on Sunday, in response…

Crypto YouTube Views Crash To 2021 Lows Amid Bear Sentiment

Viewership of crypto content on YouTube has declined to its lowest level since January 2021 following a sharp retreat over the past three months.On Sunday, ITC Crypto founder Benjamin Cowen shared a 30-day moving average of views across various crypto…

Memecoins Fuel Deadliest Year for Crypto Tokens

Crypto market turbulence decimated memecoins in particular last year, driving the number of crypto project failures to over 11.6 million in 2025, the highest level recorded for a single year. The fourth quarter of 2025 was among the worst, with…

Powell Says DOJ Probe Due To Defying Trump on Interest Rates

Federal Reserve Chair Jerome Powell says his refusal to drop interest rates led to Donald Trump opening a criminal investigation over renovations to the central bank’s headquarters.Federal Reserve chair Jerome Powell has blasted the Trump administration over a new criminal…

X is Building a Smart Cashtags Feature Tracking Crypto, Stock Prices

Elon Musk’s social media platform is building a “Smart Cashtags” feature for release next month, giving users access to real-time price movements of cryptocurrencies and stocks. One of the concept screenshots has also teased a highly-anticipated in-app trading feature.In a…

Eterna Plc launches N21.5bn rights issue

Eterna Plc has launched a ₦21.52 billion Rights Issue, marking a key step in its capital-raising programme and long-term growth strategy. The Chairman, Gabriel Ogbechie, confirmed this in a statement issued in Lagos on Sunday, describing the offer as “pivotal”…

‘We Are in an Ethereum Market’ — Crypto Market Analyst

The price of Ether (ETH), the native cryptocurrency of the Ethereum layer-1 blockchain network, bottomed out in April 2025, and its price action mirrors the 2019 cycle, according to market analyst Michaël Van De Poppe.A surge in stablecoins, tokenized real-world…

Court dismisses N1 billion copyright suit against MTN

The Federal High Court in Lagos has dismissed a N1 billion copyright and breach-of-confidence suit filed against MTN Nigeria Communications Plc by Walls and Gates Ltd and its Managing Director, Okechukwu Udeichi, over the telecom firm’s 20th anniversary promotion. In…

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