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⚡Algeria Goes Dark on Crypto🇩🇿

Croxroad

31 Jul 2025 — 3 min read

☕️ GM Dear Plebs!

Here is Crox Road, your daily dose of orange pill that will turn you into a Bitcoin Maxi.

The menu for today:

⚒️ Algeria Drops the Hammer

Algeria has officially implemented a sweeping ban on all crypto-related activities, including the use, exchange, and mining of digital assets. The move comes after years of regulatory ambiguity and now places Algeria among the most restrictive countries when it comes to cryptocurrency. Authorities stated that the decision aims to preserve financial stability and combat what they describe as illegal capital movements facilitated by crypto technologies.

This blanket prohibition could significantly hinder innovation and entrepreneurship within Algeria’s tech ecosystem. By outlawing mining and trading, the government risks driving crypto activity underground, potentially making it harder to monitor and regulate in the long term. The law also bans any promotional activities related to crypto, signaling a broader resistance to digital asset adoption, even for educational or informational purposes.

Critics argue that such an uncompromising stance may isolate Algeria from global financial trends and limit opportunities for the younger, tech-savvy population. While other African nations explore CBDCs and crypto frameworks, Algeria’s hardline approach puts it on a starkly different path. With enforcement measures now in place, the country’s crypto future appears frozen for the foreseeable future.

↕️ Bitcoin Slides 7%

Bitcoin's price has taken a sharp 7% dip, sparking fresh concerns among traders and analysts. Despite the decline, one prominent market speculator maintains that the long-term trajectory still points toward a breakout target of $141,000. The correction came swiftly, fueled by liquidation events and general market uncertainty, but the bullish forecast hasn't wavered for those focusing on broader macro trends and Bitcoin’s cyclical behavior.

The $141K target isn’t just a wild prediction—it’s grounded in previous bull market structures and halving cycles, according to the analyst. They argue that while volatility is inevitable, the pattern of explosive growth post-halving remains consistent and should not be dismissed due to short-term price action. Historically, corrections like this have often preceded massive rallies, a trend that many long-term holders use as a psychological anchor during downturns.

What makes this dip more complex is the mixed sentiment across the board, with some calling it a healthy reset and others warning of deeper declines. Yet, for speculators betting on the long game, these corrections serve as strategic entry points rather than exit signals. Whether or not $141K materializes, the conviction behind the forecast is a reminder of how much faith remains in Bitcoin’s long-term narrative.

🏗️ Built-In Scarcity

Every four years, the number of new Bitcoins mined per block is cut in half, this is called a halving. It slows down Bitcoin’s inflation over time. In 2009, miners earned 50 BTC per block. Today, it’s just 3.125, and in 2028, it’ll drop to 1.5625. This predictable supply shock creates upward price pressure and mimics gold’s natural scarcity.