Wednesday, February 4

Business

Bitcoin’s Next Parabolic Rally Hinges On A Key Data Point

Bitcoin’s long-term holders (LTHs) went through one of the most aggressive distribution phases on record in 2025. While the scale of selling rattled the market, onchain data analysis suggests that this pressure may be fading, possibly outlining the next bullish…

Pump.fun Revamps Creator Fees With Fee Sharing and New Controls

Pump.fun co-founder Alon Cohen said the Solana-based memecoin launchpad is overhauling its creator fee system after concluding that the existing model may have skewed incentives.“Creator fees need change,” Cohen wrote in a Friday post on X, acknowledging that the Dynamic…

Bitcoin Steadies as ETF Flows Reverse and Altcoins Reprice

Cryptocurrency markets experienced a limited recovery this week as investor liquidity gradually returned after the holidays.Bitcoin (BTC) topped a weekly high of $94,458 on Monday, before declining to about $90,937 at the time of writing on Friday.US spot Bitcoin exchange-traded…

A16z raises B Says Crypto is Crucial to Preserve US Dominance

Crypto remains a key technology for maintaining America’s technological edge, according to a16z, which has raised another $15 billion to back American-aligned tech investments.Tech-focused venture capital firm Andreessen “a16z” Horowitz said it raised over $15 billion to invest in companies…

Champion Breweries unveils N42bn public offer

Champion Breweries Plc has unveiled a N42bn Public Offer of ordinary shares, opening a new phase in the company’s capital-raising programme aimed at funding expansion and the acquisition of the Bullet brand portfolio across Africa. The offer, which opened on…

Wall Street Moves Onchain as Banks Embrace Digital Assets

For years, major banks treated cryptocurrency primarily as a risk to be contained. That posture is now giving way to a more deliberate form of engagement. Rather than debating crypto’s legitimacy, banks are increasingly deciding how and where to integrate…

Scepticism trails N10bn airtime, data refund claims

Nigerian banks and telecoms say they have returned more than N10bn to customers for failed airtime and data purchases, according to the Nigerian Communications Commission. However, bank customers are sceptical, questioning both the proof of the refunds and the methodology…

US Lawmakers Demand Ethics Safeguards for Market Structure Bill: Report

Democratic leaders on key committees considering crypto market structure legislation are reportedly drawing a line in the sand over elected officials profiting off the industry.A number of Democratic lawmakers in the US Senate are reportedly pushing for conflict-of-interest guardrails in…

Dangote asks EFCC to probe former NMDPRA boss

The Chairman of Dangote Industries Limited, Aliko Dangote, has said the Economic and Financial Crimes Commission is best placed to investigate alleged corruption involving the former Chief Executive of the Midstream and Downstream Petroleum Regulatory Authority, Farouk Ahmed, to accelerate…

Stablecoin Card Adoption Will Take Off in 2026 Says Dragonfly

An industry leader said stablecoin-powered cards are shaping up to be one of the biggest crypto themes of 2026, which seek to provide the benefits of blockchain while keeping the payment experience familiar for consumers.“This is one of the big…

FG budgets N6.04bn payroll for idle Ajaokuta steel

The Federal Government has proposed to spend N6.04bn on personnel costs for workers of the Ajaokuta Steel Company Limited in the 2026 budget, even though the steel plant has not produced a single sheet of steel for more than four…

Colombia Introduces Mandatory Crypto Reporting Rules for Exchanges

Colombia’s tax authority, DIAN, has introduced a mandatory reporting regime for crypto service providers, requiring exchanges and intermediaries to collect and submit user and transaction data as part of its oversight of the digital asset sector.The rules were set out…

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