Experts say Bitcoin could soar to $200,000 in 2022

Bitcoin’s price could reach $200,000 in 2022, according to prominent cryptocurrency experts.

After reaching a new high this year, Bitcoin is recovering from its worst month since May. Crypto Trading has dropped 16% in the last month with many blaming the new variant of Covid-19.

However, both Brock Pierce and Tom Lee, co-founders of Fundstrat Global Advisors, believe Bitcoin will hit $200,000 in 2022.
What you should know

In the interview with Fox, Pierce talked about BTC’s performance over the past month. He said “People like to speculate, claiming they have answers, but in truth, BTC’s market is volatile. According to him, BTC’s poor performance in December is a result of multiple events.”

Pierce stated that BTC is a risk asset. According to him, BTC is a store of value but not an inflation hedge like gold and real estate.

However, it has a more interesting return profile than the above assets. Sharing what he believes will drive BTC beyond $100,000.00, Pierce said financial uncertainty in the broader financial system.

He said, “I would not be surprised if BTC goes beyond $100,000.00. It’s conceivable for it to break $200,000 for a moment and come back again.”

He predicts that the top cryptocurrency could briefly reach the aforementioned price mark before retracing lower.

Bitcoin’s price performance in 2022 depends on “external factors,” pointing to massive money printing that is happening in the world.

Ton Lee predicted $200,000 for BTC in the December 23 Market Rebellion Roundtable discussion.

He said: “So, maybe Bitcoin is in that $200,000 range. I think that’s achievable, and I know it sounds fantastical, but it’s very useful.”

Lee previously maintained his 2021 BTC price prediction of $100,000 as late as October in light of ProShares launching the first Bitcoin exchange-traded fund (ETF) in the United States.
Why Bitcoin price is down

While many believe the Omicron variant of COVID-19 started and drove the current bear market, Pierce adopted a more technical approach, noting, “BTC’s price is down because there are more sellers than buyers in the market.”

He confessed that one of the reasons for BTC’s bad performance is that some investors are putting their money into other cryptos.
“Other coins snatching some attention from BTC is crucial for the market,” he argues.

Some cryptocurrencies, according to Per Pierce, are assisting in the development of the Bitcoin concept.

He explained that Bitcoin is a digital currency, whereas Ethereum aims to construct programmable contracts. Pierce compares the crypto space to the internet in 1999, because each idea is unique.

The rich with access to weapons, drugs, behind Nigeria’s insecurity — Hamza Al-Mustapha

Major Hamza Al- Mustapha, one time Chief Security Officer ( CSO) to former Nigerian military ruler, General Sani Abacha, has alleged that rich people with access to weapons and hard drugs were behind the insecurity bedevilling Nigeria.

Al-Mustapha said dealing with the situation would require the contribution of all and sundry that are patriotic about the country, while the authorities would have to step on toes in the effort to normalise the security situation.

Major Al-Mustapha who spoke in a viral VOA Hausa interview, said ” it is high time that every patriotic Nigerian, anyone who has Nigeria, Africa or the entire world at heart, everyone should stand up and make a personal contribution. Things are not moving as expected.”

“There are people spending their money to cause crisis and it appears they are succeeding.”

“From the way, they’ve access to weapons today in Africa, and different kinds of drugs, and from the kind of people that are given such things and they are using it, these have shown that the strength they have has started to overpower the laws of African countries, especially here in Nigeria. “

“That is why in my remarks, I delved on these issues and other issues pertaining to world affairs.”

He said many bad things are happening in the country as some few individuals were so powerful to have acquired the means of exploring, refining and exporting the nation’s mineral resources.

He alleged that these few Nigerians benefitting from the country’s mineral resources seemed to be unstoppable.

” If you want to stop them, they are ever ready to use all means at their disposal to fight you. They can even do that in collaboration with their local and foreign allies,” he alleged.

” They are powerful and can fight any government that tries to stop them. Fighting them. will require tact, reverting the laws and educating those carrying out the laws and those in government. They should know where they lag behind and where they are found wanting. “

” If this arises, from what I’ve said if things are to be corrected, toes must be stepped upon People must be shown the right thing to do so that peace and harmony would be restored, ” he said.

Singapore lifts travel ban on Nigeria, nine others

Singapore on Monday lifted the travel ban imposed on Nigeria and nine other African countries over the new variant of the COVID-19 pandemic, Omicron.

The other countries are Botswana, Eswatini (former Swaziland), Ghana, Lesotho, Malawi, Mozambique, Namibia, South Africa, and Zimbabwe.

In a statement issued by its Health Ministry, the South-East Asian nation said it expected a new wave of local cases soon given the higher transmissibility of the Omicron variant.

The ministry added that passengers arriving in Singapore with travel history to the 10 countries within the last 14 days would come under the Category IV border measures.

The Singaporean government imposed a travel ban on Nigeria and the other affected countries over the discovery of the Omicron variant on December 3.

READ ALSO: Canada lifts travel ban on Nigeria, nine others

The statement read: “In the coming days and weeks, we should expect more community (local) cases and rapid doubling of cases. This is again a process we need to go through, in order to live with COVID-19.


“However, the peak of the wave can be blunted and we can avoid overwhelming our healthcare system again if everyone plays their part to get their vaccinations and booster doses, self-test regularly and self-isolate if tested positive.

“In particular, those who have recently arrived from overseas or been in contact with an infected person should reduce their social interactions.

“We have done whatever we can to prepare ourselves for it; especially in administering boosters to our population and starting vaccinations for our children. We seek the cooperation and understanding of everyone, as we weather through an Omicron wave in the next one to two months.

“Instead of being isolated in dedicated facilities by default, Omicron cases will be placed on home recovery or treated at community care facilities depending on their clinical presentation.”

“With the new measures, travellers with links to Nigeria and other listed countries must take a polymerase chain reaction (PCR) test within two days before departure to Singapore, as well as an on-arrival PCR test. They will also have to serve a 10-day stay-home notice at a dedicated facility. Another PCR test will be administered at the end of their quarantine period.”

Conjoined Twins Abandoned By Their Parents Land First Jobs With Two Salaries (Photo)

Conjoined twins

A conjoined twins have gotten a good shot at life after landing two jobs with two salaries.

The twins were abandoned by their parents when they were born.

Sohna and Mohna Singh, from Punjab, India, are working for the first time having received government jobs.

The 19-year-old twins will be working as electricians at the Punjab State Power Corporation Limited and earning the equivalent of £100 a month.

The twins had been living at a shelter ever since they were abandoned by their parents when they were babies in New Delhi.

They have two hearts, kidneys and spinal cords, as well as two pairs of arms, but share a liver, gallbladder, spleen and legs.

Doctors refused to separate the twins due to the risky nature of the procedure which could lead to the death of one of them.

While living in the shelter, they showed a knack for fixing things and would try to help out by attempting to mend any broken appliances at their shelter, Mirror reports.

Speaking to the Independent, the twins said: "We are thankful to the Punjab government for recognising our talent."

Officials at the power company were impressed with the twins after they visited a training site and demonstrated a keen interest in electrics.

Venu Parsad, chief managing director of PSPCL, told The Telegraph that the twins showed great technical knowledge and took them on under a disabled person quota.

Ex-NSCDC Commandant Forfeits 60 Buildings, Land To FG Over Corruption

Federal High Court, Abuja

Bintu was said to have defrauded over 1,000 persons, who subscribed to her housing estate located along the Airport Road, Abuja.

A Federal High Court, sitting in Abuja, has ordered the final forfeiture of 60 buildings illegally acquired by a former Deputy Commandant of the Nigeria Security and Civil Defence Corps, Adenike Bintu, to the Federal Government, 

Bintu was said to have defrauded over 1,000 persons, who subscribed to her housing estate located along the Airport Road, Abuja.

The Independent Corrupt Practices and Other Related Offences Commission had approached Justice O. Egwuata, praying for an order for the final forfeiture of the 60 buildings and a 9.6 hectares land, both located at Sabon-Lugbe South-West Extension, Airport Road, Abuja, alleged to have been acquired by Bintu through corrupt means.

The commission’s counsel, John-Paul Okwor, told the court that the ICPC was relying on Section 48 (1) (2) and (3) of the Corrupt Practices and Other Related Offences Act, 2000, which gives it power to approach courts to forfeit properties corruptly acquired by individuals.

A statement on Thursday by the ICPC spokesperson, Mrs Azuka Ogugua, titled, ‘ICPC: NSCDC commandant forfeits 60 buildings, land to FG,’ said the commission had argued before the court that the former commandant set up a private company, Faith Winners Victory Properties Limited, through which she allegedly perpetrated the fraud by selling plots of land to unsuspecting members of the public.

The court heard that Bintu claimed that the land, which she used in defrauding over 1,000 subscribers, was owned in partnership with the NSCDC.

The statement read, “However, the subscribers, who had made several payments running into millions of naira, were never allocated plots of land nor had their funds returned to them by Bintu and her company.

“Furthermore, ICPC proved before the court that Bintu, who had jumped bail and is now a fugitive, did not enter into any partnership with NSCDC to build estates for members of the public.”

She was said to have told the court in her arguments that ICPC had no powers to prosecute civil cases and that Sections 6 and 48 of the Corrupt Practices and Other Related Offences Act, 2000, relied upon by the commission had been repealed by the Corrupt Practices and Other Related Offences Act, 2003.

Our correspondent learnt that her arguments were dismissed by the court for lack of merit, and Justice Egwuata then ruled that all the 60 buildings and the 9.6 hectare of land situated at Sabon-Lugbe South-West Extension, Airport Road, Abuja, listed by ICPC be forfeited to the Federal Government.

Joint operation: Amotekun, 20 armed robbers in shootout on lfe/llesha highway

Four persons have been rescued by the joint operation of the Western Nigeria Security Network, WNSN codenamed Amotekun, in a foiled robbery operation along Ife/Ilesha expressway.

The joint operation was put in place by the South West governors for a hitch-free Yuletide in the region.

Many of the motorists and passengers were reportedly robbed and stabbed by the bandit numbering about twenty who blocked the highway in the early hours of Thursday.

During the robbery operation, over 70 vehicle owners were held hostage by the robbers who operated on the highway.

Speaking with newsmen in Akure, the chairman of the joint operation of the Western Nigeria Security Network, codenamed Amotekun and Ondo state commander of the security outfit, Chief Adetunji Adeleye said that they received distress call by 1 am on Thursday.

Adetunji said ” during a joint operation by men of the Amotekun in Ondo and Osun states along Ife /Ilesha/Akure road. We are on patrol at about 1 am when we got a distress call that a robbery spree is ongoing along Osu junction.

“So our men rushed to the scene which is some few meters after Osu junction, we met over 70 vehicles parked on the road and we have to manouvered to the spot only to found that the robbers are actually at work and opened fire on our men immediately they sighted them.

“They exchanged fire with men of the Amotekun and we pursued them into the bush and we were able to retrieve this car, Toyota corolla, that was stolen from the owner and some other 46 vehicles parked at the spot.”

He said that the armed robbers “numbering about 20 operated on the Ife / Ilesha expressway unhindered in the middle of the night. We gave them a hot chase after they snatched vehicles, while other travellers out of fear parked their vehicles on the road.

” The Amotekun Corps rescued four occupants of a vehicle while the armed robbers had injured some of them, stabbing them after beating them before our arrival at the scene of the crime.

“One man was not as lucky as others, before we got there he had been badly beaten and macheted and we had to rush him to a hospital where they administered first aid treatment to avoid serious casualty.

Adeleye however, advised motorists to avoid travelling at night, noting that “despite our 24-hour patrol, I want to advise our people to avoid travelling at night where avoidable but I can assure you that we are always on the road.”

Speaking with newsmen, one of the victims, Mathew Olakanmi said he was travelling from Lagos to Jos, Plateau state, to deliver the vehicle when he ran into the armed robbers.

Olakanmi said the armed men stopped him on the road and started shooting sporadically but said he managed to reverse his vehicle from the spot to escape from them but said he ran into another member of the gang who have laid siege in the bush.

” The robbers threatened to shoot me and kill me and other occupants of the vehicle. I had to stop and surrender the car key.

“We were flagged down on the road by these men, I thought they are policemen only to discover that they are armed robbers.

“They tried to shoot me and I had to reverse about a kilometre before I ran into another gang.

“They took the car key from me and started beating us, they took all my documents and money and I escaped from the spot but other people in the vehicle are not lucky.

“They stabbed and macheted them and beat them up and took them as a hostage. I want to appreciate the Amotekun and South-West governors for this initiative”

Meanwhile, Adeleye has assured “the good people of Osun and Ondo states that we will stop at nothing in joining forces with other security agencies in ensuring that criminals are chased away from this area.