Tuesday, February 3

Business

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…

India Tightens KYC and AML Requirements to Onboard New Crypto Users

India’s Financial Intelligence Unit (FIU), a regulatory agency that sets anti-money laundering and know-your-customer regulations, issued new guidelines tightening rules for onboarding users to crypto platforms.The new rules force regulated crypto exchanges to verify users through live selfie pictures and…

BitMine’s Total Staked ETH Holdings Surpass 1 Million

Crypto treasury company BitMine Immersion Technologies (BMNR) staked an additional 86,400 Ether (ETH) on Saturday, valued at about $268.7 million at the time of this writing, crossing the 1 million staked ETH milestone. The 86,400 ETH was staked in four separate…

First HoldCo appoints new board members across subsidiaries

First HoldCo Plc has announced the appointment of new members to the boards of directors of some of its subsidiaries. The financial services group stated in a regulatory filing that the move followed receipt of regulatory approvals from the Securities…

Bitcoin Power Law Gives ,000 as Key Bear Market Level

Bitcoin (BTC) faces a “do-or-die” price point if 2026 becomes a classic bear market year.Key points:Bitcoin four-year price cycles and bear markets remain relevant, the latest power law analysis says.2026 may see a BTC price support showdown with $65,000 as…

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