Savant Capital LLC grew its position in Columbia Banking System, Inc. (NASDAQ:COLB – Free Report) by 78.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 69,234 shares of the financial services provider’s stock after buying an additional 30,537 shares [...]
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BitcoinWorldBitcoin Price Plummets Below $70,000 Threshold as Market Volatility IntensifiesGlobal cryptocurrency markets witnessed a significant shift on Tuesday as the Bitcoin price decisively fell below the critical $70,000 psychological barrier. According to real-time data from Bitcoin World market monitoring, BTC is currently trading at $69,996 on the Binance USDT perpetual futures market, marking a notable retreat from recent highs and triggering widespread analysis among [...]This post Bitcoin Price Plummets Below $70,000 Threshold as Market Volatility Intensifies first appeared on BitcoinWorld.
Coinbase Global, Marvell Technology, Alibaba Group, Applied Digital, Vertiv, Astera Labs, and International Business Machines are the seven Infrastructure stocks to watch today, according to MarketBeat’s stock screener tool. Infrastructure stocks are shares of companies that build, own, or operate physical systems and facilities—such as utilities, toll roads, airports, pipelines, and telecommunications networks—essential for an [...]
Gold Refinery Launch Top A policy analyst is urging Ghana to move beyond ceremonial celebrations of expanded gold refining capacity and address four critical questions that could determine whether the initiative succeeds or repeats past failures. Alfred Appiah, a policy analyst, said that while the government’s efforts to expand local gold refining capacity have been [...]The post Analyst Questions Ghana Gold Refinery Strategy Beyond Launch Celebrations appeared first on Ghanamma.com.
Cryptocurrencies have endured a bit of a torrid last few weeks and things are starting out the same way again this week. Bitcoin caught a modest bounce on Friday, having come close to a low of $60,000 to jump back up above the $70,000 mark. But after that, price action has been rather lethargic since the weekend with the highs failing to breach the $72,000 level.And as we get things going today, there is some exhaustion as we see a dip back under the $70,000 mark after a brief consolidation in the past 24 hours or so.The drag takes out the $70,000 mark and will start to threaten a potential drop back under the 100-hour moving average (red line). That's a key line in the sand in the near-term chart, seen at around $68,895 currently. Hold above that and the near-term bias keeps more neutral but break below and it turns more bearish once again.The pressure showing up in cryptocurrencies has been rather strong in the past few weeks, prompting some concerns. It's not the first time that we have seen this sort of flush cycle in cryptocurrencies but the drop since peaking in October last year has been a painful one for the HODLers.The past three weeks alone has observed a decline of over 20% with the fall from the October 2025 peak seen at roughly 45%. All things considered, it's not the worst of episodes for Bitcoin.In late 2021 to the middle of 2022, the cryptocurrency plunged by over 70% in what looked to be "the end of the road". Yet, here we are today.But if there's any debate about Bitcoin replacing gold as the number one market hedge preference for all things, that argument is clearly settled now in the last six months.Circling back to Bitcoin price action above, it's all about the key near-term level highlighted. A firm break below that frees up space for another potential drop back to $60,000. That especially on a break under some minor support at $68,000 currently. And for this week itself, a barrage of US economic data releases might act as the trigger. So, watch out for that. This article was written by Justin Low at investinglive.com.
Financial Supervisory Service Gov. Lee Chan-jin speaks to reporters during a press conference at Yeouido, western Seoul, on Feb. 9, held to share the organization’s annual policy agenda. Lee said Bithumb’s recent mispayment of 620,000 Bitcoins to its users starkly exposes the structural problems in virtual asset information systems. [FSS] Bithumb’s recent erroneous transfer of more than $40 billion worth of Bitcoins exposed the structural problems of information systems in crypto exchanges, said the financial watchdog chief on Monday, adding that systemic issues will be strictly reviewed during the second phase of virtual asset legislation. “This extremely serious case starkly exposed the structural problems in virtual asset information systems,” Financial Supervisory Service (FSS) Gov. Lee Chan-jin told reporters during a press conference to announce his agency's annual policy agenda at Yeouido, western Seoul. “It’s an issue the government must address,” Lee added, noting that authorities are particularly concerned that transactions were executed based on incorrectly entered data. Related ArticleBithumb to reimburse users, offer 10% compensation after Bitcoin snafuBithumb mistakenly records 620,000 bitcoin token payout, exposes internal structural flawsBithumb recovers most of 620,000 Bitcoins erroneously sent in promotionBithumb to come under stricter regulation upon FTC's large conglomerate designation Bithumb, the second-largest crypto exchange in Korea, mistakenly paid out 620,000 Bitcoins — worth about $41 billion at the time — to 249 users on Friday instead of the 620,000 won ($420) intended for a marketing promotion. Following the incident, questions arose regarding how they were distributed, as Bithumb held only 175 Bitcoins of its own and 42,619 Bitcoins in custodial assets for users as of the end of the third quarter last year. “Unless problems with phantom coins and system flaws are resolved in some form, I wonder whether it can become" a fully established system, Lee said. “If this issue is not addressed, a regulatory and supervisory framework will be needed that could even create licensing risks for exchanges.” This "phantom coin" vulnerability stems from the operational structure of many virtual asset exchanges. Customer assets are often held in internal wallets, and transactions are processed through internal ledgers rather than being immediately recorded on public blockchains. While this approach reduces costs associated with frequent transactions, the incident revealed that nonexistent or “phantom” assets can effectively be created and circulated within the system. The outside of the Bithumb lounge in Samseong-dong is seen on Feb. 9. For a week from that date, Bithumb is reimbursing customers who suffered losses from selling Bitcoins during its recent plunge, caused by the exchange’s mistaken transfer of over $40 billion worth of Bitcoins to its users. [NEWS1] The misallocation also led to a drop in Bitcoin’s price on the exchange, as some recipients rushed to cash out, flooding the market with sell orders. Of those mistakenly distributed, 99.7 percent were recovered before any transactions occurred. Of the remaining Bitcoins that had already been sold, 93 percent were recovered, leaving approximately 125 Bitcoins unaccounted for. “If the users had confirmed with the exchange that they were given the Bitcoins, there would be no fault,” Lee said. “But if they sold them and cashed them out without doing so, those users would have an obligation to return the original assets.” He described the situation for those who cashed out as “catastrophic,” as the Bitcoin price has risen since they sold the coins that were distributed by accident. Lee said it wasn’t easy for the FSS to prevent such an incident due to a lack of staff on relevant teams, many of whom were dispatched to work on digital asset legislation. As part of its 2026 work plan, the FSS said it will focus on monitoring unfair trading, including the use of undisclosed information in the investment banking sector; new business schemes leveraging themes such as AI and robotics; and politically themed stocks related to local elections, especially as Korea is set to hold local elections in June. The FSS also plans to expand the joint task force for responding to unfair trading practices, such as stock manipulation, and is preparing to introduce an investigative authority for the special judicial police. To improve accounting transparency, 10 percent of Kospi 200 companies will be picked for annual accounting reviews and audits, and the audit cycle for these companies will be halved to 10 years. BY JIN MIN-JI [jin.minji@joongang.co.kr]
The naira strengthens against the US dollar as CBN intervenes, boosting market confidence with rising external reserves amid fluctuating global oil and gold prices.
New foldable phones are expected to launch in the next few weeks across the world. While Honor is expected to announce the Honor Magic V6 equipped with the Snapdragon 8 Elite Gen 5 at the upcoming MWC 2026 event in early March, the Oppo Find N6 is also expected to debut around the same time. [...]The post Oppo Find N6 launch date reportedly revealed, here’s what to expect appeared first on Gizmochina.
Africa holds 30% of the world’s critical mineral reserves, positioning the continent at the center of the global energy transition and industrial supply chain realignment. With global mineral demand set to increase four-fold by 2050, this position becomes increasingly strategic - and it is within this context that African Mining Week (AMW) 2026 emerges as a critical platform to convert geological potential into investable projects, partnerships and value-chain development across the continent.Taking place October 14-16 in Cape Town, AMW 2026 returns with a sharpened focus on partnerships and transactions that advance Africa’s mineral value chain. This year’s event takes place under the theme Mining the Future: Unearthing Africa’s Full Mineral Value, reflecting a growing emphasis on project bankability, downstream beneficiation and cross-border collaboration as Africa seeks to strengthen its position in increasingly competitive global minerals markets.Rising Mineral Output, Strengthened Global Trade FlowsAfrica hosts some of the world’s largest reserves of cobalt, platinum group metals, chrome, coltan and manganese, placing the continent at the forefront of global minerals essential to electrification, clean energy deployment and industrial expansion. As demand for these resources accelerates and commodity prices are expected to remain elevated through 2026, Africa’s role as a strategic supply partner is becoming increasingly pronounced. Within this context, AMW 2026 will examine how African producers can move beyond volume-led growth to capture greater value across mining, processing and trade.International Partnerships Drive ProductionAcross the continent, mineral producers are scaling-up production, leveraging international partnerships to secure capital and technical expertise. The Democratic Republic of Congo (DRC) – Africa’s largest copper producer and the world’s leading cobalt supplier – recently partnered with the U.S to leverage technical expertise and financing to unlock an estimated $24 trillion in untapped mineral potential. Speaking at AMW 2025, the country’s Minister of Mines Louis Watum Kabamba, underscored the level of opportunity that remains in the country, explaining that “Opportunities across the mining sector in the DRC are huge, with 90% of our resources awaiting greenfield exploration.”Similarly, Guinea - home to the world’s largest bauxite reserves - is enhancing cooperation with global investors to maximize its mineral value chain under the Simandou 2040 - an international cooperation and national development strategy. Securing $20 billion in international investments for the Simandou iron ore project, Guinea is leveraging this global partnership model to expand bauxite production and processing, corelating to a 25% increase in bauxite exports in 2025.Zambia, Africa’s second-largest copper producer, is positioning its copper sector as a catalyst for economic expansion, GDP growth and employment creation. The country is actively engaging international investors to achieve its 2031 production target of 3.1 million tons per annum, reinforcing Africa’s role in future copper supply chains.Balancing Exports with Local Value AdditionAs global mineral demand rises, African governments are increasingly prioritizing local beneficiation to retain value, deepen domestic supply chains and unlock broader economic growth. Ghana, Africa’s largest gold producer, recently signed an agreement with South Africa’s Rand Refinery to expand domestic gold processing capacity. Mali is developing a 200-ton-per-annum gold refinery in partnership with Russian investors. Meanwhile, Zimbabwe, Africa’s largest lithium producer, is working with Chinese investors to expand lithium processing capacity ahead of its 2027 ban on lithium concentrate exports. These moves signal a broader shift form export-centered development models to strategies that prioritize domestic markets.As global competition for critical minerals intensifies, Africa’s ability to align production growth with beneficiation, investment readiness and policy coherence will define its long-term position in global supply chains. AMW 2026 will serve as a focal point for advancing the partnerships and transactions needed to translate mineral wealth into sustainable economic value across the continent.“AMW 2026 is designed to bring project developers, governments and international investors into the same room to accelerate transactions that move Africa’s mining sector from potential to production and value creation,” stated Rachelle Kasongo, Event Director, AMW.AMW 2026 serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.Distributed by APO Group on behalf of Energy Capital&Power.
Skoda’s most affordable EV yet mixes compact dimensions with clever packaging, solid range and familiar practicality
British households need more and more power. Many might be missing a trick. As the journey to net zero speeds up, we get to grips with an innovative solution which maximises potential rooftop electricity output. As the UK accelerates its transition to a low carbon economy, pressure on the national grid is growing. Electricity demand [...]