Ensembles of fcc nickel nanowires have been synthesized with defined mean sizes in the interior of single-wall carbon nanotubes. The method allows the intrinsic nature of single-domain magnets to emerge with large coercivity as their size becomes as small as the exchange length of nickel. By means of X-ray magnetic circular dichroism we probe electronic interactions at nickel-carbon interfaces where nickel exhibit no hysteresis and size-dependent spin magnetic moment. A manifestation of the interacting two subsystems on a bulk scale is traced in the nanotube’s magnetoresistance as explained within the framework of weak localization.