Wall Street takes a big dive: Evergrande $300 billion debt crisis is a cautionary tale for investors
Wall Street takes a big dive: Evergrande $300 billion debt crisis is a cautionary tale for investors Wall Street took a sharp dive as global market sell-off continues for debt-saddled Chinese property developer Evergrande. It was a tough day for investors as Wall Street marked its biggest drop since May amid the intensified Evergrande crisis. The market experienced […]
Making crypto history: Safcoin becomes SA’s first cryptocurrency to go global
Making crypto history: Safcoin becomes SA’s first cryptocurrency to go global Safcoin, Africa’s first coin launched exclusively to SA, has gone global with a listing on major crypto platform HotBit. The cryptocurrency market has exploded in 2021, with dozens of new crypto assets and coins joining the fray. This in turn has led to thousands of […]
Stock of the week: Twitter shares rise as platform pushes crypto trends
Stock of the week: Twitter shares rise as platform pushes crypto trends Twitter has become the bridge between investors and crypto developers, pushing the social platform’s shares to new highs. Social media giant Twitter (TWTR) has seen its value rise substantially during the pandemic. As millions were stuck at home, social platforms such as Twitter became an invaluable way to connect […]
Trading is more popular than ever: Top advice for first-time traders
Trading is more popular than ever: Top advice for first-time traders Stuck at home during the lockdown? Thousands of people are turning to the stock market as a source of income. Remote working, freelancing boom… the ongoing pandemic has forever changed the traditional working environment. As millions continue to find themselves stuck at home due […]
South Africa’s lowered lockdown: Good news for SA means opportunity for traders
South Africa’s lowered lockdown: Good news for SA means opportunity for traders South Africa has moved to a lower level of lockdown. We look at what this means for the country’s economic prospects. South Africa’s vaccine rollout has been sluggish compared to other countries, but it has since rapidly increased the number of citizens vaccinated against COVID-19. The country’s […]
Stock of the week: Netflix shares hit all-time highs
Stock of the week: Netflix shares hit all-time highs Netflix has been Wall Street’s favorite streaming stock for a while now. Will the popular streaming service end the year on a high note? It’s hard to believe that Netflix, a company that started as a home movie-rental business, has become the definitive online streaming choice […]
Major milestone for crypto: El Salvador accepts Bitcoin as national currency
Major milestone for crypto: El Salvador accepts Bitcoin as national currency Cryptocurrency takes a huge leap towards legitimacy as Bitcoin becomes legal tender in El Salvador. Cryptocurrency took a huge leap towards legitimacy as Bitcoin becomes legal tender in El Salvador. The move follows the passage of legislation in El Salvador, three months after […]
Stock of the week: Moderna stock keeps soaring
Stock of the week: Moderna stock keeps soaring Global vaccine rollouts have seen biotech company Moderna earning billions this year. Here’s how you can take advantage of stock price movements! As the COVID-19 pandemic persists, companies pursuing vaccines have become the stars of the stock market. The global rollout of vaccines has created a market worth tens of […]
South Africa’s economy is $37 billion larger than previously thought: Top advice for local traders
South Africa’s economy is $37 billion larger than previously thought: Top advice for local traders South Africa’s economy is 11% larger than previously estimated. We share advice for traders on how to take advantage of investment opportunities! South Africa’s economy was left reeling after the devastating one-two punch of economic shutdowns and ongoing worker lockdowns. In September 2021, however, the […]
Bitcoin price outlook: What comes next for the crypto king?
Bitcoin price outlook: What comes next for the crypto king? There is much discussion about whether to enter the bitcoin market now or wait for the market to improve. Many investors have already started looking into ways they can invest in crypto fearing that they will miss out on a golden chance. Today, we will review the market’s reaction to bitcoin’s recent rallies and examine what’s […]