Blockwisely

When prices fall, leveraged long positions get forced closed. That selling pushes prices lower, which triggers more liquidations.

A few hundred million in liquidations can therefore feel larger than the original news because of the feedback loop.

The IMF has urged Kenya to require crypto platforms to collect and share sender and receiver identity details on transfers, in line with Travel Rule-style expectations.

How this is written into existing VASP rules will shape everyday use more than the headline itself.

Between 2022 and 2026, stablecoin value received through peer-to-peer channels in Sub-Saharan Africa grew more than sixfold, from about $2.3 billion to $14.6 billion.

Bitcoin’s P2P value fell roughly 60% over the same stretch.

Yellow Card has acquired Brazilian fintech GoMoney, expanding its stablecoin payment infrastructure into Latin America.

💰 Follows a $40M funding round
🇧🇷 Adds access to Brazil's Pix payment system
💵 Supports local payments and stablecoin settlement

Could Africa become a major exporter of financial technology?

October US CPI came in hotter than expected at +0.4% month-over-month. Bitcoin traded near $73,500–$74,000 as rate-hike odds rose and spot ETF outflows continued.

Liquidations added pressure on the leveraged side.

Macro is still the dominant driver this week.