MAROKO133 Update crypto: Tokenization Platform Libeara Partners With GFX to Drive Pan-Afri

📌 MAROKO133 Update crypto: Tokenization Platform Libeara Partners With GFX to Driv

Ghana-based brokerage firm GFX has entered into a strategic partnership with Libeara, a regulated tokenization platform backed by Standard Chartered Ventures, to explore the tokenization of government-issued financial instruments and expand access to high-quality investments across Africa.

The announcement, made today at the Singapore FinTech Festival, is a step forward in the continent’s efforts to democratize access to financial markets.

For millions of Africans, investing in their own country’s development—through instruments such as government bonds—remains out of reach. Minimum investment thresholds are often too high, effectively limiting participation to institutions and wealthy people.

This exclusion prevents citizens from accessing stable savings products and wealth-building opportunities that are commonplace in more developed markets.

Breaking Barriers Through Tokenization

The challenge is rooted in the operational realities of emerging markets, where the cost of managing thousands of small retail accounts can outweigh the benefits for governments focused on raising capital quickly and efficiently. As a result, states have historically taken an “institutional-first” approach, setting minimum ticket sizes that inadvertently shut out everyday savers.

Tokenization offers a breakthrough. By representing government bonds and similar instruments as digital tokens on a blockchain, Libeara’s technology allows automated settlement, compliance, and transaction workflows through smart contracts.

This dramatically cuts administrative overhead, reduces counterparty risk, and accelerates reconciliation. Lower operational costs mean governments can reduce minimum investment sizes—opening the door for retail participation at scale.

“On a continent where the majority of savings remain outside the traditional financial system, our mission is to create a new bridge: one where anyone with a smartphone and five dollars in their pocket can invest in their nation’s future with dignity,” said Joe Anka, CEO of GFX.

Assets issued under the new partnership will leverage Libeara’s infrastructure, which currently supports more than US$1 billion in regulated real-world assets on-chain.

Bringing Real-World Assets On-chain, Safely and Securely

“Libeara is bringing real-world assets on-chain one step at a time, in a safe and compliant manner, and we are proud to make headway into the African continent through this initiative,” said Aaron Gwak, Founder and CEO of Libeara.

“This partnership highlights the importance of tokenization serving real-world needs—enabling financial inclusion in underserved markets. Access to stable, high-quality financial instruments should not be the privilege of the few, but a fundamental right for all, so that everyday Africans can own a piece of their nation’s economic future,” he added.

Regulatory Foundations Strengthening in Ghana

Ghana’s regulators are laying the groundwork for innovations like this to scale. The forthcoming Virtual Asset Services Providers (VASP) Bill will create a comprehensive framework for overseeing digital asset activities and tokenized instruments. Joint supervision by the Bank of Ghana and the Securities and Exchange Commission of Ghana will ensure that innovation unfolds in a safe, controlled, and investor-protected environment.

Until the new regime takes effect, the Bank of Ghana’s regulatory sandbox offers a supervised space for testing blockchain-based financial services under real market conditions—allowing firms like GFX and Libeara to validate new models responsibly.

Ghana Says Crypto Regulation Coming

In October, Ghana’s central bank pledged to regulate cryptocurrencies by December 2025, despite not yet hiring the staff needed to enforce the rules.

Bank of Ghana Governor Johnson Asiama announced the ambitious timeline at the International Monetary Fund’s fall meetings in Washington on Thursday, promising parliament will receive a virtual assets bill before year-end.

The announcement addresses a regulatory void in a country where approximately 3 million adults, roughly 17% of the population, actively use digital currencies for payments, savings, and remittances.

Crypto transactions in Ghana totaled $3 billion between July 2023 and June 2024, representing strong economic activity occurring beyond traditional banking oversight.

The post Tokenization Platform Libeara Partners With GFX to Drive Pan-African Financial Inclusion appeared first on Cryptonews.

🔗 Sumber: cryptonews.com

📌 MAROKO133 Breaking crypto: Bitcoin Tests Key Support as Bearish Momentum Deepens

Bitcoin’s momentum has weakened sharply, and the market has slipped into one of its most bearish phases of the year, according to the latest CryptoQuant weekly report.

Sentiment has deteriorated quickly as Bitcoin hovers dangerously close to the $100,000 level. The shift began after the October 10 “Big Liquidation” event, which drained upward momentum and pushed several key indicators into bearish territory.

Spot demand contracted earlier in October, while growth in stablecoin liquidity—a key driver of market inflows—slowed sharply. Together, these factors have created a fragile environment in which Bitcoin’s price struggles to sustain meaningful support.

A Market Losing Its Grip on Momentum

CryptoQuant’s Bull Score Index reflects the extent of the downturn. Earlier in October, when Bitcoin reached its all-time high of $126,000, the index stood at a strongly optimistic reading of 80. That optimism evaporated quickly as Bitcoin slipped below $100,000 for the first time since June.

The index has now fallen to 20, indicating an extremely bearish environment. The steep decline shows how quickly the market has shifted from aggressive buying to hesitation and caution, with fewer new inflows and weaker spot demand contributing to the downward pressure.

Long-Term Holders Unload at Rare Levels

One of the most concerning signs in the report is the behaviour of long-term holders. Over the past month, they have sold roughly 815,000 BTC, marking their heaviest distribution since January 2024. This selling occurred as Bitcoin pushed into the $118,000 to $121,000 range, a moment when spot demand had already begun to fade.

In earlier phases of the cycle, strong demand from ETFs, institutional traders, and retail buyers was sufficient to absorb heavy selling from long-term holders. That buffer is now absent. Instead, the combination of steady supply from long-term holders and weakening demand is placing clear downward pressure on the market, raising the risk of further price deterioration.

Profit-Taking Stays Strong, but Capitulation Is Absent

Profit realization remains elevated. On November 7, investors locked in approximately $3 billion in net profits, mirroring the aggressive selling seen throughout October. Despite the heavy profit-taking, the market has yet to show signs of capitulation.

Realized losses remain extremely low, suggesting that holders are not panic-selling even as price support weakens. This dynamic—strong profits but minimal losses—indicates that the market has not formed a bottom. Historically, price floors emerge only after losses rise and weak hands exit the market, a pattern that has not yet appeared.

The Battle at the 365-Day Moving Average

Bitcoin’s current struggle centres on the 365-day moving average, which sits near $102,000. This line has served as the ultimate support level throughout the current bull cycle and was one of the last major indicators to turn bearish during the 2021–2022 transition into a prolonged downturn.

Bitcoin has now dipped below this level several times—a warning sign not seen earlier in this cycle. If the price continues to close beneath the 365-day average, the risk of a deeper correction grows considerably.

CryptoQuant notes that the next areas of meaningful support lie lower, suggesting that failure to reclaim this moving average could accelerate a broader market decline.

Bitcoin now stands at a key juncture. With momentum fading, long-term holders selling heavily, and spot demand failing to keep pace, the market’s ability to stabilize depends heavily on whether Bitcoin can reclaim its 365-day moving average. The coming weeks may determine whether this is a temporary pullback or the start of a more severe correction.

The post Bitcoin Tests Key Support as Bearish Momentum Deepens and Long-Term Holders Unload 815K BTC: CryptoQuant appeared first on Cryptonews.

🔗 Sumber: cryptonews.com