Blockchain.com rolls out crypto expansion plan for Ghana – Details

ambcryptoPubblicato 2026-03-11Pubblicato ultima volta 2026-03-11

Introduzione

Global crypto firms are increasingly targeting Africa due to massive adoption in the region. Blockchain.com is expanding into Ghana following significant success in Nigeria, where it recorded 700% growth. The company sees similar potential in Ghana, driven by high interest in digital assets for hedging against currency volatility, payments, remittances, and savings. Nigeria leads Sub-Saharan Africa in crypto activity, with over $92 billion in value last year, followed by South Africa, Ethiopia, Kenya, and Ghana. Africa’s overall crypto activity surged 52% in 2025, reaching $205 billion, making it the third-largest crypto-adopting region globally. Institutional demand is particularly strong in South Africa due to clear regulations, while other nations like Nigeria and Kenya are also pushing for regulatory clarity to foster growth. Bitcoin, USDT, and Ethereum are the most traded assets in the region.

Global crypto firms are doubling down on Africa to capture the opportunities associated with massive adoption across the region.

Blockchain.com is the latest to join the fray, announcing expansion into the West African country of Ghana after a successful debut in neighboring Nigeria. The firm runs a crypto exchange and brokerage services for retail and institutional clients.

According to the firm, it recorded 700% growth in Nigeria. It sees a similar opportunity in Ghana, with Owen Odia, General Manager, Africa at Blockchain.com citing the significant interest across the region.

“Our growth in Nigeria over the past year has demonstrated the immense potential for digital assets across the African region.”

Beyond being a tool to hedge against local currency volatility, users in the region also leverage crypto for payments, remittances, and savings.

Crypto adoption in Africa

Interestingly, Nigeria’s initial adoption was primarily driven by local currency devaluation after the Naira (NGN) dropped by over 70% against the U.S dollar since 2021. This has made stablecoins such as USDT and USDC a better alternative.

Last year alone, Nigeria led sub-Saharan Africa in total crypto value of over $92 billion, according to Chainalysis.

This was triple South Africa’s $30 billion – The second-most active crypto market in the region. Ethiopia ranks third, driven by massive foreign investment in Bitcoin mining, tapping into its relatively cheap electricity.

Kenya is the fourth-largest crypto market, while Ghana closes the top five list.

Since Ghana shares a border with Nigeria and is among the top countries in terms of crypto adoption, Blockchain.com’s expansion seems plausible.

Growing institutional demand for crypto

That said, Africa’s crypto activity surged by 52% in 2025, reaching over $205 billion in on-chain value. It is currently ranked third globally in crypto adoption, after APAC and Latin America.

Surprisingly, a closer look at the two biggest crypto markets in the region showed that retail activity was relatively small, compared to institutional. In particular, South Africa has the highest number of high-ticket crypto volumes dominated by professional and institutional firms.

According to Chainalysis, South Africa’s robust institutional activity is due to an advanced regulatory framework for digital assets. This framework has allowed regional banks to explore crypto-related offerings. At the asset level, Bitcoin [BTC], USDT, and Ethereum are the top-traded crypto assets in the region.

Meanwhile, other countries such as Nigeria, Kenya, and Rwanda have been pushing for regulatory clarity to unlock their local crypto sectors. It remains to be seen how these regulatory efforts will further drive broader crypto adoption across the region.

Final Summary

  • Blockchain.com is eyeing expansion into Ghana after a massive windfall in Nigeria amid massive demand for crypto.
  • Demand underscores a broader trend where Africa’s crypto activity increased by 52% to $200 billion in 2025.

Domande pertinenti

QWhich country is Blockchain.com expanding into after its successful debut in Nigeria?

AGhana

QWhat was the percentage growth recorded by Blockchain.com in Nigeria that encouraged its expansion?

A700%

QAccording to the article, what are the top three crypto assets traded in the African region?

ABitcoin (BTC), USDT, and Ethereum

QWhich African country led sub-Saharan Africa in total crypto value last year, and what was the approximate amount?

ANigeria, with over $92 billion

QWhat is cited as the primary reason for Nigeria's initial adoption of cryptocurrency?

ALocal currency devaluation, as the Naira dropped by over 70% against the U.S. dollar since 2021

Letture associate

U.S. Tech Momentum Stocks Post Largest Single-Day Gain Ever, But Is the Plunge Over?

US tech momentum stocks staged a sharp rebound on Tuesday (July 21st). Morgan Stanley's TMT Momentum Factor surged over 12%, marking its largest single-day gain on record, exceeding even peaks from the 2000 dot-com bubble. Key momentum indices from Goldman Sachs also posted their strongest daily performances in years. The rally was led by semiconductors, with the Philadelphia Semiconductor Index jumping 4.6%. This rebound followed three consecutive down days and a cumulative 33% plunge in momentum stocks, one of the steepest drawdowns since the dot-com era. Analysts attribute the surge largely to a short squeeze. Heavy selling had pushed high-beta momentum stocks into deeply oversold territory, forcing many short sellers, particularly in Asia, to cover their positions, creating a self-reinforcing buying spiral. However, the rebound's internals appear weak. Trading volume was notably low, and advancing stocks still lagged decliners on the S&P 500, indicating a narrow, concentrated rally rather than broad market participation. Diverging views emerge on the outlook. BTIG warns the bounce has hit key resistance and recommends selling into strength, citing extreme volatility and historical parallels to past market tops. Conversely, Goldman Sachs and UBS believe the momentum unwind is nearing its end, suggesting it may be time to gradually add exposure, as positioning has been significantly reduced. They caution, however, that high volatility warrants a measured approach, potentially using defined-risk strategies. The upcoming earnings season, particularly reports from major tech firms like Alphabet, is seen as a critical test for the rally's sustainability. Simultaneously, bond markets flashed a warning, with yields rising partly due to spiking oil prices. Analysts note that if long-term Treasury yields break decisively higher, it could pose a significant headwind for equities, especially growth stocks.

marsbit6 min fa

U.S. Tech Momentum Stocks Post Largest Single-Day Gain Ever, But Is the Plunge Over?

marsbit6 min fa

U.S. Tech Momentum Stocks Record Largest Single-Day Gain Ever, but Has the Rout Ended?

U.S. tech momentum stocks staged a dramatic rebound on Tuesday, July 21st. Key momentum indices like the Morgan Stanley TMT Momentum Factor and Goldman Sachs' High Beta Momentum Long Index posted historic or near-historic single-day gains, fueled largely by semiconductor stocks. This sharp rally followed a severe three-day sell-off that saw momentum stocks plunge 33%, marking one of the steepest pullbacks since the dot-com bubble. Analysts attribute the bounce primarily to a short squeeze, as forced covering from over-leveraged traders, particularly in Asia, created a buying spiral. However, the rally's health is questioned due to weak market breadth—overall trading volume was low, and decliners outnumbered advancers in the S&P 500 despite the index's gain—suggesting a narrow, concentrated surge rather than broad recovery. Opinions on the sustainability diverge. BTIG strategists warn the rebound has hit key resistance levels, citing extreme volatility and historic stock dispersion as signs of an ongoing broader correction, and recommend selling into strength. Conversely, Goldman Sachs and UBS view the aggressive momentum unwinding as nearing its end, noting reduced positioning and a lack of new fundamental catalysts. They suggest the sell-off presents a selective opportunity to add exposure, albeit cautiously and gradually using defined-risk strategies. The immediate trajectory hinges on the ongoing earnings season, with market focus on Alphabet's capital expenditure guidance for AI investment clarity. Meanwhile, bond markets present a risk, with rising Treasury yields—potentially heading toward 5.5%—and widening credit spreads for mega-cap tech companies posing a threat to equity valuations. The combination of technical factors, earnings results, and macro conditions leaves the durability of the rebound in doubt.

链捕手9 min fa

U.S. Tech Momentum Stocks Record Largest Single-Day Gain Ever, but Has the Rout Ended?

链捕手9 min fa

Bitcoin flashes 3 macro-bottom signals – But can BTC reach $70K?

The article discusses Bitcoin's recent price movement above $66,000 and a shift in market analysis from focusing on a local bottom to a potential macro-cycle bottom. It cites a crypto analyst noting that BTC has flashed three historical technical signals that previously coincided with major market bottoms in 2015, 2019, and 2022, suggesting the current zone could be a strong long-term accumulation area. However, the article also highlights a significant challenge: despite the price breakout, on-chain data shows a lack of supporting liquidity. Stablecoin dominance is rising while the total stablecoin market cap is shrinking, with capital continuing to leave exchanges. This divergence indicates that while the technical setup is bullish, the rally may struggle to sustain enough momentum for a decisive move into the $70,000 region without an influx of fresh capital.

ambcrypto11 min fa

Bitcoin flashes 3 macro-bottom signals – But can BTC reach $70K?

ambcrypto11 min fa

Long-Divided Must Unite, Long-United Must Divide: When L1 Becomes Its Own Rollup, What Is Ethereum's Endgame?

"The Inevitable Cycle: When L1 Becomes Its Own Rollup – What is Ethereum's Endgame?" For years, the Ethereum community grappled with concerns that L2s were fragmenting the ecosystem and eroding L1's value. While L2s provided cheaper execution, they also splintered liquidity and the unified user experience of a single chain. This has prompted a fundamental reassessment of the relationship between L1 and L2. Ethereum's roadmap is evolving. The "Scale" initiative merges L1 and L2 expansion into a holistic framework. L1 itself is advancing with higher gas limits, statelessness, and zkEVM verification, no longer content to be just a low-throughput settlement layer. Consequently, the primary value proposition of L2s is shifting from merely providing cheap blockspace to offering L1 cannot easily provide: application-specific optimizations, privacy features, and flexible governance models. L2s are becoming a spectrum of execution environments with varying degrees of security inheritance from Ethereum. A critical challenge in this multi-chain future is interoperability. The vision is to make Ethereum "feel like one chain again." This relies on advancements in native account abstraction (like EIP-7702) and intent-based architectures (Open Intents Framework), where users declare desired outcomes, and solvers handle the complex cross-chain execution. Furthermore, shortening Ethereum's finality time from minutes to seconds is crucial, as it underpins trust between chains for bridges, stablecoins, and cross-chain applications. Perhaps the most provocative idea is that Ethereum L1 itself could become a form of "its own Rollup." As zkEVM and proof systems mature, high-performance nodes could execute transactions and generate validity proofs. Regular validators would then verify these proofs instead of re-executing all transactions. This blurs the traditional L1/L2 hierarchy, making "Rollup" more of a general execution-verification architecture. Native Rollup aims to integrate L2 validation more directly into the Ethereum protocol, allowing L2s to inherit L1's security more fully and move away from reliance on security councils. In the end, L2s are not destined to replace L1 or be made obsolete by it. The likely future is a unified system where diverse execution environments—each optimized for specific use cases like DeFi, gaming, or privacy—coexist. They will share a common foundation of security, liquidity, and verifiable state, seamlessly connected to restore a cohesive user experience. The next phase for Ethereum is not just about scaling through separation, but about intelligently reintegrating what was separated back into a coherent whole.

链捕手25 min fa

Long-Divided Must Unite, Long-United Must Divide: When L1 Becomes Its Own Rollup, What Is Ethereum's Endgame?

链捕手25 min fa

Agent Race Ends, Super Workbench Takes Over

The era of fragmented AI agents is ending. Over the past month, China's tech giants—Tencent, Alibaba, and ByteDance—have simultaneously shifted strategy: instead of launching new, standalone AI agents, they are consolidating their various agent projects into unified "super workbenches." Tencent integrated its QClaw teams into WorkBuddy, a strategic product hailed as a potential third flagship after QQ and WeChat. Alibaba is merging its QoderWork, Wukong, and MuleRun agents into a new "Qianwen Office" platform under DingTalk's leadership. ByteDance rebranded its TRAE SOLO coding agent to TRAE Work, signaling a broader focus on workflow collaboration. This convergence marks a pivotal industry consensus. The initial exploration phase, where companies rapidly built numerous overlapping agents for different scenarios, proved costly and inefficient. With open-source tools eroding technical barriers, competition has shifted from agent creation to resource consolidation and cost control. Historically, platform wars are won not by creating more products, but by simplifying them—as seen with browsers unifying web access and super-apps consolidating services. Now, the "super workbench" aims to become the unified AI entry point for work. This reflects a deeper market realization: the primary audience for AI is no longer just programmers (a market in the tens of millions) but all knowledge workers (a market of billions). The real opportunity lies in augmenting everyday tasks—managing emails, documents, data, and meetings—across the entire workday. The core battleground is becoming control over the primary AI entry point that employees use daily. Tencent's WorkBuddy leverages WeChat and Tencent Docs; Alibaba's Qianwen Office taps into DingTalk's organizational data; ByteDance's TRAE Work integrates with Feishu's workflows. Whoever owns this "super workbench" gains strategic control over orchestrating enterprise data and APIs. This shift is redefining enterprise software. Traditional SaaS applications, valued for their user interfaces, will recede into the background. Their core functionalities will be exposed as standardized "Skills" or APIs for the super workbench's agents to invoke. Software value will shift from selling user seats to charging based on API calls and outcomes delivered. The evolution of agents is moving through clear stages: first as novel standalone products, then as consolidated primary work entry points, and finally as pervasive, invisible capabilities embedded into the digital fabric. The recent moves by major tech firms signal the transition from the first stage into the second, accelerating toward the third. In the end, the most successful agent technology may become invisible—like electricity or the HTTP protocol—a fundamental, unnamed infrastructure powering work itself.

marsbit52 min fa

Agent Race Ends, Super Workbench Takes Over

marsbit52 min fa

Trading

Spot
活动图片