PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY. (PHOTO).

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 PRESIDENT TINUBU CONGRATULATES MINISTER OF STATE FOR FOREIGN AFFAIRS AMBASSADOR ENIKANOLAIYE ON HIS BIRTHDAY   President Bola Tinubu has congratulated the Minister of State for Foreign Affairs, Ambassador Sola Enikanolaiye, on his birthday.    A statement by Bayo Onanuga, Special Adviser to the President, Information and Strategy, indicates that the President describes Ambassador Enikanolaiye as a distinguished diplomat, accomplished administrator and dedicated public servant whose career reflects professionalism, patriotism and a deep commitment to Nigeria.   Ambassador Enikanolaiye served in the Ministry of Foreign Affairs from August 1982 to August 2017, rising through the ranks to become Permanent Secretary. He later served as Senior Special Assistant to the President on Foreign Affairs and International Relations before he was appointed Minister of State for Foreign Affairs.   President Tinubu commends the celebrant’s significant contributions to Nige...
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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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