Author: Louis Dike

The crypto markets witnessed one of their sharpest shakeouts in months, with more than $630 million in leveraged positions liquidated within a single day. The brunt of the losses came from altcoins, many of which dropped sharply under heavy selling pressure. In contrast, Bitcoin held relatively steady, showing resilience even as traders with high leverage faced wipeouts. Analysts say the event highlights the risks of overexposure to volatile altcoins, especially in uncertain macroeconomic conditions. See more related: Bitcoin, Ethereum, XRP Dip Slightly as Markets Await U.S. Fed Decision After CPI Report For many African traders, who increasingly use crypto platforms…

South Africa’s $20 billion asset manager Sygnia has issued a warning to investors considering going “all in” on Bitcoin. The statement comes after Bitcoin delivered an 82% return over the past year, outpacing most traditional asset classes. Sygnia’s Bitcoin Plus Fund, which uses the iShares Bitcoin Trust ETF as its benchmark, acknowledged the impressive performance but highlighted the risks associated with volatility. The firm urged investors to treat Bitcoin as part of a diversified portfolio, rather than the entirety of their holdings. See more related: South African Crypto Firm NTC Global Trade Liquidated Amid $27M Investor Losses The fund noted…

A High-Profile Crypto Scam Attempt Kenya’s crypto community was thrown into confusion this week after a post appeared on Raila Odinga’s verified X (Twitter) account, claiming the launch of a new cryptocurrency called Kenya Token ($KENYA). The announcement suggested that the token would run on the Solana blockchain and help position Kenya as a global leader in digital finance. Within hours, however, the post was deleted, and Odinga’s camp stated that his account had been compromised. Many observers noted that the video shared with the post—showing Odinga allegedly endorsing the token—appeared to be a deepfake, raising alarm about how advanced…

What Happened See more related: South African Crypto Firm NTC Global Trade Liquidated Amid $27M Investor Losses Why This Matters in South Africa & Africa What to Watch Next

Google has announced a major infrastructure investment: four new subsea cable infrastructure hubs across different regions of Africa. These hubs are set to link the Equiano and Umoja submarine fiber-optic cables, incorporating landing stations and data centers. The project is expected to be completed within the next three years. The goal: reduce internet costs, improve reliability, and support the growing demand for AI, cloud services, and digital infrastructure. What It Means for Africa See more related: Fireblocks + Lava Network: A Leap for Blockchain Infrastructure & Institutional Reliability Challenges & Considerations Conclusion Google’s new submarine cable hubs promise to reshape…

Nigeria’s crypto ecosystem is showing strong resilience in 2025. New data estimates that around 25.86 million users are now interacting with crypto in Nigeria, especially using stablecoins and centralized exchanges. This growth persists despite a difficult macroeconomic climate. Among the headwinds: What’s Supporting Adoption Even with the challenges, several factors continue to keep crypto adoption strong: See more related: Nigeria Becomes World Leader in Stablecoin Adoption, SEC Recognizes Digital Assets What Nigerians & Stakeholders Should Watch Conclusion Nigeria’s crypto adoption numbers show a market that’s becoming more mature—growing not just in size, but in relevance. While there are real obstacles—economic,…

The South African Revenue Service (SARS) has published draft regulations for the Crypto-Asset Reporting Framework (CARF), marking a decisive move toward tighter crypto-asset tax transparency. The public comment period ends 3 October 2025. The regulations are expected to come into force from 1 March 2026 under revised CARF and Common Reporting Standard (CRS) rules. CARF is an OECD-developed international standard designed to ensure crypto-asset transactions are reported, exchanged, and analysed across jurisdictions to prevent tax evasion and undeclared income. South Africa’s draft rules align it with these global efforts. What the Draft Regulations Include Timing & Compliance See more related:…

Standard Chartered venture capital arm is reportedly raising a $250 million digital asset fund, aimed at tapping opportunities in crypto infrastructure, tokenization, and new blockchain-based products. While the fund is global in outlook, industry watchers believe it could bring much-needed institutional liquidity and credibility to emerging markets, including Africa’s fast-growing crypto ecosystem. See more related: Citi’s New ETH Target Slips to $4,300 as Analysts Warn of Downside Pressure Why It Matters Globally Implications for Africa What to Watch Spillover Effect: Other global banks may follow suit, potentially opening wider capital flows into Africa’s digital economy.

What Citi and Others Are Saying Key Drivers Behind the Caution See more related: Bitcoin, Ethereum, XRP Dip Slightly as Markets Await U.S. Fed Decision After CPI Report Implications for ETH Holders & African Users Looking Ahead Regulatory Clarity: Legislation around stablecoins, DeFi oversight, and tokenized assets will be closely watched globally—and particularly by regulators in Africa seeking to catch up.

From July 2024 to June 2025, Sub-Saharan Africa processed $205 billion in on-chain crypto transactions, up 52% year-on-year. The growth is notable not only in volume but also in composition: small transfers (under $10,000) make up a higher share than anywhere else globally. This highlights that crypto in Africa is less about speculation and more about practical use cases—remittances, peer-to-peer savings, and micro-business transactions. Nigeria leads the surge, but Kenya, Ghana, and South Africa are also contributing. Why it matters: See more related: Nigeria Becomes World Leader in Stablecoin Adoption, SEC Recognizes Digital Assets