Wednesday, October 21

Business

Bitcoin Faces a Race to Secure a Green 2025 Yearly Candle

Bitcoin (BTC) eyed weekend highs into Sunday’s weekly close with the yearly candle in focus.Key points:Bitcoin sees an eerily calm weekend as analysis eyes a three-day bullish divergence locking in.It may take until the new year for capital to redeploy…

Bitcoin ETFs Shed 2M Over Christmas Week as Outflows Extend

Spot Bitcoin exchange-traded funds (ETFs) recorded heavy outflows over Christmas week, with investors pulling a combined $782 million from the products, according to data from SoSoValue. The most significant single-day withdrawal during the period occurred on Friday, when spot Bitcoin…

Uniswap Burns 6M in UNI After Fee Switch Governance Vote

Uniswap has executed a major token burn following the approval of its long-anticipated fee burning proposal, removing 100 million UNI, worth roughly $596 million at current prices, from the protocol’s treasury.Onchain data shows the burn transaction was completed at around…

Bitcoin Doesn’t Need Gold And Silver To ‘Slow Down’

Bitcoin doesn’t need to wait for a pullback in gold and silver to continue its upward trajectory, according to analysts.“Surprisingly unpopular opinion,” Glassnode lead analyst James Check said after making the statement in an X post on Friday, adding that…

Maritime workers kick against casualisation

The Shipping Branch of the Maritime Workers’ Union of Nigeria has frowned at what it described as the continuous casualisation of workers by employers of labour within the maritime sector. This was contained in a statement on Friday by the…

Port Harcourt refinery supplies diesel while shut – NMDPRA

The Port Harcourt Refining Company, which is currently shut down, is still supplying 349,000 litres of automotive gas oil, otherwise known as diesel, daily, the Nigerian Midstream and Downstream Petroleum Regulatory Authority disclosed this in the latest data posted on…

Developing Economies To Drive RWA Tokenization Train in 2026: Crypto Exec

The tokenized real-world asset (RWA) market will continue to grow in 2026, fueled by adoption in emerging market economies, according to Jesse Knutson, head of operations at crypto exchange Bitfinex. Emerging market economies experience “friction” in capital formation and attracting foreign…

Is the BTC Price Headed to K?

Bitcoin (BTC) bulls worry that institutional interest is weakening amid softer demand for BTC futures. However, other metrics suggest that the BTC price could avoid falling below $85,000. Key takeaways:BTC futures open interest fell to $42B, an eighth-month low, signalling…

Reopening GENIUS Act Is a ‘Red Line’ for Crypto

Coinbase CEO Brian Armstrong said any attempt to reopen the GENIUS Act would cross a “red line,” accusing banks of using political pressure to block competition from stablecoins and fintech platforms.In a Sunday post on X, Armstrong said he was…

Bitmine Begins Staking ETH With 9 Million PoS Deposit

Ethereum treasury firm Bitmine has begun staking its Ether holdings depositing nearly $219 million worth of ETH into Ethereum’s proof-of-stake (PoS) system.On Sunday, multiple wallets linked to Bitmine sent large Ether (ETH) transfers to a contract labeled “BatchDeposit,” onchain data…

FG details overnight precision strikes on ISIS cells in Sokoto

The Federal Government said it carried out overnight precision strikes on Islamic State (ISIS) cells in Sokoto State, following intelligence that foreign fighters were infiltrating Nigeria from the Sahel to plan large-scale attacks. In a statement on Friday, the Minister…

JPMorgan Freezes Stablecoin Startup Accounts Over Sanctions

JPMorgan Chase has reportedly frozen bank accounts linked to two venture-backed stablecoin startups after identifying exposure to sanctioned and high-risk jurisdictions.The accounts belonged to BlindPay and Kontigo, two stablecoin startups backed by Y Combinator that primarily operate across Latin America,…

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