A major Bitcoin short position is drawing increasing attention across the crypto market after Lookonchain data showed one wallet continuing to increase its bearish bet. The position has now reached approximately 2,136 BTC, worth around $136 million, making the trader one of the largest identifiable on-chain Bitcoin bears at a time when market positioning remains […] The post Lookonchain Data Shows Bitcoin Short Reaches $136M as Liquidation Risk Builds appeared first on Tekedia.

While traders interpreted July’s inflation report as a reassuring sign that the Federal Reserve can ease its monetary policy, Bank of America strategist Aditya Bhave sees a very different picture. For Bhave, the latest data does not signal that the inflation battle is over. Instead, it reinforces the argument that the Federal Reserve may need […] The post Why Bank of America Expects the Fed to Raise Interest Rates Again appeared first on Tekedia.

During the NiDEC 2026 fireside conversation with Governor Chukwuma Charles Soludo of Anambra State and Governor Dauda Lawal of Zamfara State, I raised a simple but consequential question: Can Nigerian states create large, professionally managed investment vehicles that allow ordinary Nigerians in the diaspora to participate in building their economies? I asked Governor Soludo whether […] The post My Question to Governors Soludo and Lawal During NiDEC 2026 appeared first on Tekedia.

The cryptocurrency market is sending mixed signals as traders increase their exposure to derivatives while institutional demand for Bitcoin through exchange-traded funds weakens. Hyperliquid has reached a new all-time high in open interest, Bitcoin ETFs recorded $131 million in net outflows, and Gemini reported a $107 million loss for the second quarter. The developments highlight […] The post Hyperliquid Open Interest Hits New ATH as Bitcoin ETFs See Outflows and Gemini Reports Q2 Loss appeared first on Tekedia.

Phone Privacy Settings: 12 Settings You Should Turn On in 2026 Your smartphone probably knows more about you than you realise. It can store your photos, contacts, conversations, location… TechCity

The price of Bitcoin dropped back below $63,000 on Thursday, sparking a wave of liquidations across the cryptocurrency market. According to data cited by Cointelegraph, the move wiped out approximately $48 million in positions over the span of one hour, with long positions accounting for $45.7 million of the total. The sharp dip forced leveraged […] The post Bitcoin Falls Below $63,000, Triggering $48 Million in Liquidations appeared first on Tekedia.

South Korean stocks have rebounded into a technical bull market just two weeks after a severe selloff, as renewed optimism over artificial intelligence-driven demand for memory chips lifted Samsung Electronics and SK Hynix and helped the benchmark Kospi recover sharply from its July low. The Kospi closed 4% higher on Thursday at 6,813.34, putting the […] The post South Korea’s Kospi Reenters Bull Market After 40% Rout as AI Chip Stocks Rebound appeared first on Tekedia.

Global demand for electric vehicles rose for a fifth consecutive month in July, with a strong recovery in Europe more than offsetting weaker sales in China and North America, according to data from Benchmark Mineral Intelligence. Sales of battery-electric and plug-in hybrid vehicles increased 9% from a year earlier to 1.85 million units in July, […] The post Global EV Demand Rises for Fifth Month as Europe Offsets Weakness in China, North America appeared first on Tekedia.

OPay processed $358 billion in gross transaction value in 2025, more than twice the volume recorded a year earlier, as the Nigerian-focused fintech expanded its customer base, lending operations and revenue ahead of a planned listing on the New York Stock Exchange. The company’s transaction value rose 115% from $166.2 billion in 2024, according to […] The post OPay Doubles Transaction Value to $358bn as Fintech Targets $4bn U.S. IPO appeared first on Tekedia.

Here is the video of my Keynote Address at the Nigeria Diaspora Economic Conference (NiDEC) 2026 in Toronto, Canada. Unfortunately, about 20% of the presentation is missing from the recording, possibly due to a technical issue. That missing section was particularly important because it explained the distinction between Money and Capital and provided the foundation […] The post Ndubuisi Ekekwe Keynote at NiDEC 2026 – Unlocking Diaspora Wealth Through Nigeria’s Capital Markets [Video] appeared first on Tekedia.

Tesla has unveiled plans for a $10.1 billion solar manufacturing facility in Texas, providing the clearest indication yet of Elon Musk’s ambition to build a large-scale domestic solar supply chain capable of supporting the company’s growing energy, artificial intelligence, and robotics operations. The proposed factory, code-named Project Crystal Sun, would be built in Fort Bend […] The post Tesla Unveils $10.1bn Plan for Massive Solar Factory in Texas as Musk Targets U.S. Solar Expansion appeared first on Tekedia.

Chinese artificial intelligence startup DeepSeek on Thursday formally released its V4 Pro model, stepping up its efforts to regain momentum in China’s competitive AI market as the company expands its workforce, computing capacity and access to capital. DeepSeek said its V4-Pro-0813 model delivers major improvements in AI-agent capabilities and is available through its API, app […] The post DeepSeek Launches V4 Pro as Chinese AI Startup Ramps Up Hiring, Computing and Fundraising appeared first on Tekedia.

U.S. small business confidence strengthened last month, signaling a potentially brighter outlook among smaller firms even as businesses continue to navigate elevated costs, changing financial conditions and uncertainty across the broader economy. At the same time, a striking prediction from Elon Musk has placed artificial intelligence at the center of another major corporate transformation: SpaceX […] The post U.S. Economic Confidence Meets the AI Revolution as SpaceX Targets New Revenue appeared first on Tekedia.

Japan’s wholesale inflation remained elevated in July, with producer prices rising 7.2% from a year earlier, reinforcing expectations that the Bank of Japan could raise interest rates as early as September as higher import costs, metals prices and demand linked to the artificial intelligence boom broaden price pressures. The producer price index, which measures the […] The post Japan Wholesale Inflation Stays Elevated, Strengthening Bets on September BOJ Rate Hike appeared first on Tekedia.

Artificial intelligence is increasingly reshaping Germany’s labor market, with companies becoming more willing to integrate AI into their operations to improve productivity, reduce costs and automate routine tasks. However, a study released by a leading German economic institute suggests that the transformation could come with significant consequences for workers. Many companies expect wages to decline […] The post AI Adoption in Germany Raises Concerns Over Wages as Working Hours Decline appeared first on Tekedia.

The debate over worker protections in New York City is entering a new phase as mayoral politics, labor rights and the growing power of major delivery companies collide. Mamdani has backed new protections for workers delivering packages, arguing that people performing demanding delivery work deserve stronger safeguards and better working conditions. Amazon, however, has warned […] The post Mamdani Backs Worker Protections as Amazon Warns of NYC Job Losses appeared first on Tekedia.

Apple is preparing to launch its next generation of iPhones next month, but the most important story may not be the device’s external design or even the camera upgrades. Increasingly, the real battle in smartphones is taking place inside the hardware, where artificial intelligence, custom processors, privacy features and on-device computing are reshaping what a […] The post Apple’s Next iPhone and Bernie Sanders’ Warning on AI appeared first on Tekedia.

Forward Industries’ latest fiscal third-quarter results present a striking contrast between headline losses and underlying business progress. The company reported a $69 million net loss for the quarter, equivalent to $0.80 per share, with the overwhelming majority of the damage coming from accounting writedowns tied to its Solana treasury strategy. On the surface, the result […] The post Forward Industries’ $69 Million Loss Masks a Growing Solana Treasury Strategy appeared first on Tekedia.

Nvidia’s widening lead over Apple is becoming one of the clearest signs that financial markets are assigning enormous value to the infrastructure powering the artificial intelligence economy. Nvidia’s market capitalization now stands roughly $1 trillion above Apple’s, following a dramatic two-week divergence in which Nvidia shares gained 18% while Apple stock declined 10%. The move […] The post Nvidia Market Cap Is Now $1 Trillion Above Apple as AI GPU Prices Surge appeared first on Tekedia.

Baseball has entered a new digital era, giving fans more ways to follow games, players, and teams than ever before. Online platforms provide easy access to scores, schedules, highlights, statistics, interviews, and breaking news, allowing fans to build personalized experiences around the parts of the sport they enjoy most. Social media has also become a […] The post Baseball Goes Digital: How Online Platforms Transform Fan Engagement appeared first on Tekedia.

Substance use in commercial environments creates hidden challenges that ripple across an entire organization. When team members struggle with chemical dependencies, the immediate consequences hit daily operations, project delivery timelines, and office morale. Corporate leaders must recognize how these factors intersect to protect both human capital and organizational goals. Managing Operational Risks in Modern Operations […] The post How Substance Use Can Affect Workplace Safety and Productivity appeared first on Tekedia.

Today the Worldcoin price sits near $0.33, showing a minor recovery that keeps WLD far from significant market strength despite planned reductions in daily token releases. Meanwhile, each Polygon price prediction this month remains locked in debates over minor pennies, as POL stays stuck near $0.07 while technical indicators offer mixed signals everywhere. Currently, neither […] The post 50x Potential: BlockDAG Stage 1 Math Positions It Beyond Worldcoin and Polygon Price Trends Among Top Crypto Gainers! appeared first on Tekedia.

The World Bank Group is supporting the expansion of Africa’s digital commerce infrastructure through a $25 million equity investment in Jumia Technologies, Africa’s largest public e-commerce platform. The investment, made by the International Finance Corporation (IFC), the private sector arm of the World Bank Group, is expected to strengthen Jumia’s marketplace and logistics network across […] The post World Bank Group Invests $25 Million in Jumia to Expand Africa’s Digital Commerce Infrastructure appeared first on Tekedia.