Headline
Bitcoin Hits All-time High Driven By Trumpmania

Bitcoin the world’s largest cryptocurrency hits an all-time high of 109,241 dollars on Jan. 20 as Donald Trump prepares to take over the white house as president of the United States.
Ahead of the crypto-friendly president’s inauguration and the launch of $TRUMP and $MELANIA issued by Trump and his wife, Melania Trump, Bitcoin surged 5.5 per cent to set a new record according to the report from Bloomberg
The surge came after Trump and Melanin introduced meme coins over the weekend with $TRUMP briefly reaching a market capitalization of more than 15 billion dollars before falling sharply.
READ ALSO: Bitcoin Platform With Over One Million Nigerian Users Shuts Down
The meme coin has disrupted the digital asset market reducing influence into bitcoin and smaller tokens and drawing criticism from industry experts.
Bitcoin, Ethereum (the second largest crypt currency), and XRP or surged Monday morning in London as traders counted down the hours before Trump official returned to the white house.
Bloomberg News reported that he was considering an exclusive order that will deem crypto assets in ‘’National priority’’.
Ben El-baz, CEO of Hashkey Global said that the launch of meme coins by Trump and his team has further fuelled Bitcoin’s rally, as retail traders expect the republican president to prioritize and reaffirm his commitments to the crypto industry.
Headline
Indian Court Denies Bail To Nigerian Man Over Drug Charges

A court in India has denied bail to a 44-year-old Nigerian national, Cristian Soporuchukwu, who is currently facing drug trafficking charges in the country.
Cristian Soporuchukwu initially entered India on a business visa but was later arrested over allegations of involvement in the sale of hard drugs.
Reports indicated that after arriving in India, Soporuchukwu travelled through Goa, Delhi, and Mumbai, where he allegedly established links with suspected drug traffickers.
READ ALSO:Indian National Arraigned In Lagos Over Alleged N22m Supermarket Fraud
He was accused of purchasing MDMA crystals and distributing them to college students and information technology workers.
According to reports, operatives of the Beguru Police arrested Cristian Soporuchukwu in April 2025 for allegedly selling MDMA crystals around Begur Lake and the AECS Layout Road area.
The New Indian Express reported that the High Court of Karnataka subsequently dismissed the Nigerian’s bail application.
READ ALSO:NDLEA Intercepts Indian Lady With 72 Parcels Of Heroin ON n Chocolate Wraps
“The anti-narcotics wing seized about 1 kg of MDMA crystals, a pocket weighing machine, 10 zip-lock covers, a mobile phone and a scooter from him,” the report stated.
Justice V. Srishananda, while ruling on the bail application, reportedly held that errors relating to the grounds of arrest could not automatically justify bail in serious narcotics-related offences under the Narcotic Drugs and Psychotropic Substances, NDPS, Act.
The court further noted that Cristian Soporuchukwu had allegedly overstayed his visa in India, according to the report.
Headline
Strait Of Hormuz: US Announces Sanctions Against Iran

The United States Treasury has announced sanctions against Iran’s Persian Gulf Strait Authority.
Treasury Secretary, Scott Bessent, said this in a statement on Wednesday.
The statement extended the threat of sanctions to anyone paying the fees, saying they may be providing support to and receiving services from Iran’s Revolutionary Guards, and therefore may be exposed to sanctions risk.
READ ALSO:Strait Of Hormuz: Pakistan Thanks Trump For Pausing ‘Project Freedom’
“The Iranian military’s latest attempt to extort global maritime trade is proof that Economic Fury has left the regime desperate for cash.
“Treasury has deprived the Iranian regime of revenue for their weapons programs, terrorist proxies, and nuclear ambitions,” Bessent said.
Bessent added that the US has succeeded in disrupting tens of billions of dollars’ worth of revenue from being accessible to Tehran.
Headline
US Launches New Airstrikes On Iran

The United States has launched new airstrikes in southern Iran.
The strike shot down four one-way attack drones that posed a threat around the Strait of Hormuz and then a ground control site.
A US official revealed that American forces struck an Iranian ground control station in Bandar Abbas that was about to launch a fifth drone.
READ ALSO:US Restricts Entry Routes For Travellers From DRC, Uganda, South Sudan Over Ebola Outbreak
The official described the strikes as purely defensive, saying the US intended to maintain the ceasefire.
Report says this is the second time in three days that the US has carried out self-defense strikes against Iranian military targets in southern Iran.
Recall that on Monday the US carried out airstrikes against Iranian missile locations and boats that US Central Command said were preparing to launch mines in the Strait of Hormuz.
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