Market winners: Bitcoin, Amazon, Gold… and more!
Market winners: Bitcoin, Amazon, Gold… and more! From Bitcoin to Amazon, we look at some of the biggest winners on the market this week. Stocks rebounded on October 7 in a week that has rollercoaster swings in global market sentiment. The rally was due to US lawmakers reaching a short-term deal to increase the US debt ceiling. The Dow Jones […]
Bitcoin soars above $50,000: Will the crypto king continue to climb?
Bitcoin soars above $50,000: Will the crypto king continue to climb? The world’s most popular cryptocurrency passes the $50,000 mark for the first time in a month, but will Bitcoin continue to soar beyond its all-time high? The first week of October is proving highly profitable for Bitcoin (BTC) traders; the world’s most popular cryptocurrency passes the $50,000 mark […]
Robinhood, Coinbase, Outbrain… Here are 10 hot IPOs you should be watching this year
Robinhood, Coinbase, Outbrain… Here are 10 hot IPOs you should be watching this year From Zoom to the latest iPhone, most are searching for the “next big thing” on the market. In the financial world, this translates to an initial public offering (IPO). These are new stocks on the market and present opportunities for traders […]
Sneaker king Nike earns billions, but its stock takes a hit – is it worth buying the dip?
Sneaker king Nike earns billions, but its stock takes a hit – is it worth buying the dip? Sneaker giant Nike had a terrific Q1, yet its share price took a hit. We look at its performance in 2021. Nike (NKE) is still the world leader in sneakers and sports apparel; The footwear giant has weathered the storm of a […]
Rise of the Rand: Top advice for forex traders cashing-in on currency pairs
Rise of the Rand: Top advice for forex traders cashing-in on currency pairs COVID-19 mutations, new lockdown restrictions… are just some of the factors leading to global economic uncertainty over the past two months. Ongoing restrictions on economic activity in many parts of the world continue to disrupt supply and production, leading to inflated prices […]
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 […]