Everyone says Nigerians will always find a way.
Send money across borders? We’ll find a way.
Receive international payments? We’ll find a way.
Access dollars without sacrificing three working days, several forms and a painful chunk of the money to transfer fees? Please. We’ve already found a way.
Between July 2023 and June 2024, Nigeria processed approximately $59 billion in crypto inflows. Not solely from traders chasing the next big coin, but from ordinary people and businesses using crypto to solve everyday financial problems.
Apparently, necessity is the mother of invention, and in Nigeria, frustration is the father.
Let’s see what happened in crypto this week.
Because we all allegedly have opinions.
Saint@CRTwithSaint
Trading is funny. You can spend 8 hours doing absolutely nothing and call it discipline. 😂
4:37 PM · Jun 25, 2026 · 25.5K Views
100 Replies · 102 Reposts · 1.27K Likes
(How we’re reading the market this week)
Signal: Nigeria’s $59 billion stable relationship is only getting better.
Nigeria processed approximately $59 billion in crypto inflows between July 2023 and June 2024, according to data from the International Monetary Fund.
That is a billion with a capital “B”. It has also accounted for nearly 60% of stablecoin transfers into Sub-Saharan Africa since 2019. That is a lot of USDT and USDC moving around, and it is not simply because everyone suddenly became a professional trader.
Unlike earlier crypto cycles driven largely by speculation, adoption in Nigeria is increasingly tied to everyday needs. People and businesses are using stablecoins to receive international payments, move money across borders and access dollar-denominated funds while the naira continues its dramatic relationship with stability.
So for now, crypto may still be called an “alternative financial system”, but when people use it to get paid and send money every day, the word “alternative” starts to feel a little outdated, don’t you think so?
AI agents will book our flights, run our businesses, rebalance our portfolios, pay our bills and probably remind us to drink water. At least, that is what everyone in tech has spent the year telling us.
Coinbase CEO Brian Armstrong has now added another prediction to the growing pile, which is that AI agents will eventually make more transactions per day than all humans combined, and crypto will provide the financial infrastructure they need.
In his argument, AI and crypto are not competing technologies but instead AI provides the intelligence, while crypto provides the money.
Everyone is talking about AI agents using crypto, but most of the activity still consists of predictions, infrastructure announcements and demonstrations that somehow work perfectly on conference stages.
We have plenty of people building payment rails for AI agents. What we do not yet have is enough evidence of these agents conducting large volumes of real economic activity.
The narrative may eventually prove correct. Programmable machines using programmable money certainly makes sense, but crypto has announced the future early before.
We were promised metaverse offices, NFT tickets, decentralised everything and refrigerators that would probably earn passive income while keeping the milk cold.
So yes, AI agents may become crypto’s biggest customers. They may even transact more frequently than humans.
For now, however, the prediction is doing more transactions than the agents.
BitMart announced that it will shut down its trading platform after nine years, and its BMX token responded by falling 81% in one week. Apparently, when the exchange said it was winding down, the token took that as a price instruction.
BMX fell to approximately $0.057, reducing its market value to around $19.6 million. That is not a minor correction. It is the chart throwing itself down the stairs and refusing assistance.
BitMart has stopped accepting registrations, deposits and new orders. Trading will end on August 26, while the platform will close completely on January 31, 2027. Withdrawals remain open, although extra checks may slow things down as users rush towards the exit. Very calming.
The announcement came shortly after BitMEX also revealed plans to close, pointing to growing consolidation across the industry. Crypto loves to remind everyone that we are still early, but for BMX holders, it may feel like they arrived just in time to watch the lights go off.
(Our favourite CT X posts we saw this week.)
laseasy10@_laseasy
perhaps you should stop holding memes … go out there and hold a real woman. hello??
4:35 PM · Jul 23, 2026 · 2.33K Views
13 Replies · 29 Likes
Scottie Pippen@ScottiePippen
I know where Satoshi is now
1:20 AM · Jul 27, 2026 · 908K Views
1.17K Replies · 254 Reposts · 2.99K Likes
Saint@CRTwithSaint
Trading is funny. You can spend 8 hours doing absolutely nothing and call it discipline. 😂
4:37 PM · Jun 25, 2026 · 25.5K Views
100 Replies · 102 Reposts · 1.27K Likes
The Honest Trader@TheH0n3stTrader
monday: trading is so easy, i swear to god. tuesday: ok, i'm done with this shit. game's rigged.
11:01 AM · Jul 30, 2026 · 2.04K Views
12 Replies · 1 Repost · 47 Likes
wuzie@crypt0wu
being a trader is funny because every lesson costs exactly what you could not afford
12:55 PM · Jul 29, 2026 · 3.48K Views
14 Replies · 5 Reposts · 64 Likes
We made it through another week and although we never know where the market will take us. Always remember that we will make it out of here, humans and robots included. 🤝
Have a great weekend.
Until next week,
WAGMI,
Obi.
Disclaimer: This newsletter is not financial advice. Do your own research. Seriously.
P.S. If you enjoyed this newsletter, forward it to a friend. If you didn’t, forward it to an enemy.
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