NUT PROTEST : WIKE WARNS AGAINST POLITICISING INSECURITY. (PHOTO).

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 NUT Protest : Wike Warns Against Politicising Insecurity The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has warned against politicising insecurity amid protests by the Nigeria Union of Teachers, FCT wing, over the killing and abduction of school staff and children in Oyo State. Teachers stormed the FCTA Secretariat in Abuja to condemn the killing of Michael Oyedokun and to demand the release of abducted pupils and teachers from Community High School, Ahoro-Esinle in Oriire Local Government Area. The FCT minister addressed the protesters on Tuesday, saying the federal government is on its toes working to secure the rescue of the schoolchildren and their teachers. Wike urged protesters to avoid turning the tragedy into a political issue and to give security efforts time to produce results. Chairman of the union in the FCT, Mr Abdullahi Shafa, explained that the nationwide solidarity protest was to condemn the killing of the teacher and abduction of the school chil...
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BITCOIN DECLINES AMID U. S. TARIFF CONCERNS AND CRYPTO SCANDALS. (PHOTO).

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 Bitcoin Declines Amid US Tariff Concerns and Crypto Scandals


Bitcoin has fallen below $80,000, marking a 25% drop from last month’s peak, as US tariff threats from President Trump and crypto-related scandals shake investor confidence.


Key Factors Behind the Decline:

Bybit Hack: The Dubai-based exchange lost $1.5 billion in Ethereum, with the FBI blaming North Korea.

Argentine Crypto Scandal: President Javier Milei is under investigation for promoting the now-collapsed $LIBRA token.

Investor Sell-offs: Bitcoin traded at $95,000 earlier in the week before investors moved funds to safer assets.


Trump’s Influence on Crypto:

Despite once calling crypto a "scam", Trump now supports Bitcoin, promising to make the US a crypto hub.

He launched $TRUMP and Melania Trump introduced $MELANIA, both of which lost value quickly.

SEC lawsuit against Coinbase dropped, signaling regulatory easing under Trump.


Market Outlook:

With ongoing trade tensions, regulatory shifts, and security concerns, Bitcoin’s recovery remains uncertain.

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