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Bitcoin hodling activity resembles previous market bottoms: Glassnode
The majority of Bitcoin has been “hodled” for at least three months in behavior bearing a striking resemblance to previous Bitcoin market bottoms, says blockchain analytics firm Glassnode. In a July 16 tweet, Glassnode noted that more than 80% of the total U.S. dollar (USD)-denominated wealth invested in Bitcoin has not been touched for at least three months. This signifies that the “majority of BTC coin supply is dormant” and that hodlers are “increasingly unwilling to spend at lower prices,” said the firm. Over 80% of the total USD denominated wealth invested in #Bitcoin has been HODLed for at least 3-months. This signifies that the majority of the $BTC coin supply is dormant, and HODLers are increasingly unwilling to spend at lower prices. Live Chart: https://t.co/lRtBe69Phz pic.twitter...
President Buhar: We won’t rest until peace is fully restored in Borno
President Muhammadu Buhari Thursday in Maiduguri, Borno State, assured citizens of the federal government’s presence in fighting terrorism to the end, and ensuring that Internally Displaced Persons (IDPs) are fully returned to continue normal lives, commending Governor Babagana Zulum for resilience and relentless efforts in rebuilding the state. President Buhari, on an official visit to the state to appraise the security situation and commission some development projects, attributed recent successes recorded by the military against insurgents and terrorists at Dikwa, Damboa and Gwoza to careful planning, infusion of new equipment and other war materials as well as quality military leadership. “I am very happy to be here in Borno State once again. I consider Maiduguri and Borno State to be ...
Euro 2020: Wales set for hostile crowd as Italy eye knockouts
Wales are bracing for a hostile reception when they face Turkey in Baku at Euro 2020 on Wednesday while rejuvenated Italy can seal their place in the last-16 with victory against Switzerland. After drawing 1-1 with the Swiss in their opening Group A game, Wales play in the capital of Azerbaijan, with locals expected to get behind their Turkish neighbours, who will also have several thousand travelling fans on their side. Wales captain Gareth Bale, who experienced a dizzying run to the semi-finals at Euro 2016, said he was unfazed by the prospect of an aggressive atmosphere. “Hostility is no problem,” said the Real Madrid forward. “This is what we do for a living. We’re used to playing in away games and being in front of hostile crowds.” Turkey are desperate to shake off the disappointment ...
Sam Allardyce: Premier League is becoming boring
Press Association Sam Allardyce has warned that the Premier League is in danger of becoming boring because teams have been “brainwashed” into using the same playing style. The English top-flight has opened up to different tactical approaches over the last decade, with an influx of coaches coming from elsewhere in Europe. However the West Brom manager fears coaches are being prevented from sticking to their preferred style and that the league is suffering as a result. He said to Sky Sports: “What’s the point of playing out from the back against Man City and Liverpool, the best high-pressing team in this country. If they drop off, you play out from the back. Where’s the space? Exploit the space. I tried to get the players to think about that. It’s a simple game that’s been complicated far to...
Norwich City seal Championship title finally at Carrow Road
Norwich City have clinched the Championship title on Saturday after coming from behind to defeat Reading 4-1 at Carrow Road. Daniel Farke’s dominant side had already sealed an immediate return to the Premier League with five matches to spare on April 17 and are now celebrating winning the second division for the second time in only three seasons. The trophy was guaranteed on Saturday as Kieran Dowell’s brace, a Xavi Quintilla free-kick and Teemu Pukki’s 26th goal of the campaign saw Norwich fight back from Josh Laurent’s early header to thump out-of-form Reading. The Canaries would have actually wrapped up the title on Saturday regardless of their own result after fellow promoted side Watford were beaten 2-0 at play-off hopefuls Brentford. At the other end of the table, the relegation batt...
West Brom thrash Southampton to boost survival hopes
West Bromwich Albion improved their slender hopes of avoiding relegation from the Premier League as they survived VAR controversy to beat Southampton 3-0 on Monday. Sam Allardyce’s side saw Mbaye Diagne’s goal questionably ruled out by VAR early in the first half at the Hawthorns. But they recovered from that blow to sweep into a two-goal lead by half-time thanks to Matheus Pereira’s penalty and a Matt Phillips strike. Callum Robinson sealed West Brom’s second successive win after the interval as the Baggies built on their stunning 5-2 victory at Chelsea. Second bottom Albion move within eight points of fourth bottom Newcastle with seven games left. The Baggies have scored eight goals in their last two games, two more than they had netted in their previous 11 combined, but their unexpected...
Manchester City close in on Premier League title with Leicester win
Manchester City took another significant step towards the Premier League title with a 2-0 victory at Leicester City. The visitors dominated from the off and thought they were ahead on five minutes. Fernandinho rifled a 35-yard strike into the bottom corner, but Sergio Aguero – who was appearing for the first time since his impending summer departure from City was announced – was deemed to be offside. Kevin de Bruyne then hit the crossbar with a stunning free kick before Leicester’s best moment saw Jamie Vardy’s strike ruled out for offside on the stroke of half time. The pattern of Man City dominance continued after the break and they deservedly took the lead on 58 minutes when Benjamin Mendy showed great composure to cut inside and place a low shot into the far corner. Gabriel Jesus made ...
IPMAN impounds trucks transporting adulterated petrol in Bayelsa
Taskforce personnel attached to the Bayelsa State chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN), have apprehended three tankers suspected to be transporting adulterated Premium Motor Spirit (PMS) from an unidentified source into the state. Bayelsa State Coordinator of IPMAN, Mr. Bello Bina, who confirmed the development to journalists on Saturday, said the trucks were impounded along the Sagbama section of the East-West road. He alleged that some unidentified policemen were currently trying to frustrate the effort of the task force by insisting that the suspected adulterated products are owned by a highly influential person. He said when the effort of the policemen failed, an unidentified man called him on the phone to plead with him to take some financial g...
NECA decries increase in Nigeria’s unemployment rate
Dr Timothy Olawale, Director-General, Nigeria Employers Consultative Association (NECA) has expressed concern of the association, at the growing unemployment rate, as released by the National Bureau of Statistics (NBS). Olawale told newsmen on Wednesday, in Lagos, that the recently released data by the NBS was worrisome. NAN also reports that a recently released Labour force report, published by the NBS shows that Nigeria’s unemployment rate as of the end of 2020, rose to 33.3 per cent from 27.1 per cent recorded as of Q2 2020. The report indicated that about 23,187,389 (23.2 million) Nigerians remained unemployed. “While the figure shows that the unemployment crisis is worsening at an alarming rate, it is also instructive to note that the socio-economic factors that increased the figure t...
Thiago Silva reveals ‘nice surprise’ from Frank Lampard after Chelsea move
Thiago Silva says a “nice surprise” from Frank Lampard immediately assured him he made the right choice when joining Chelsea over the summer. The Brazil defender moved to the Premier League shortly before his 36th birthday, bringing to an end his eight-year spell at Paris Saint-Germain. Silva says he had no doubts about his decision to head to Stamford Bridge, but appreciated a gesture he received from his new manager as he prepared for the move. What did Lampard send Thiago Silva? “As soon as I said yes, he sent me a picture of us both shaking hands as national team captains in 2013,” Silva told FourFourTwo. “It was a nice surprise. He understood exactly what I needed at this stage of my career, probably because he had made a similar move when he was also 36, from Chelsea to Manchester Ci...
Alexander Wang responds to sexual assault claims
Fashion designer Alexander Wang is facing accusations of sexual assault, prompted by claims from Owen Mooney, a male model who, in early December, shared an encounter on TikTok that he’d had with Wang in 2017 at a nightclub. In the video, Mooney said: “I was by myself at one point, and this guy next to me obviously took advantage of the fact that no one could fucking move, and he just started touching me up, like, fully up to my leg, in my crotch. And then I looked to my left to see who it was, and it was a really famous fashion designer, and I just couldn’t believe that he was doing that to me.” Though Mooney initially did not disclose a name, in a subsequent post he revealed the person to be Wang. Soon after, eight men and trans women also shared stories of lewd behavior by Wang, accordi...
Bernd Leno: Arsenal ‘don’t have time’ to feel sorry for themselves
Arsenal goalkeeper Bernd Leno says there is no time for the players to feel sorry for themselves after an eighth Premier League defeat of the season ramped up the pressure on manager Mikel Arteta. Sunday is an unhappy first anniversary for the Gunners boss as he reflects on a 2-1 reverse at Everton that extended their winless run to seven league matches and left them just four points above the Premier League’s bottom three. “A lot of things are going wrong for us but we don’t have time to feel sorry for ourselves, we have to fight for every ball, for our team-mates,” said Leno. “Now the confidence is not at the top level but the only thing that can be said is we should stick together and come out of this situation.” The 28-year-old German said Arsenal showed a good attitude in the second h...
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