Bitcoin heads higher in attempt to escape $30 000 level – Moneyweb
“Bitcoin has stabilized over the past few weeks on improved short-term momentum,” Katie Stockton, co-founder of Fairlead Strategies, wrote in a note Friday. …Read the full story
Tag: Moneyweb
SA house prices measured in bitcoin increase for the first time in a decade – Moneyweb
Bear in mind that in rand terms, one BTC could be purchased for R659 in 2011. And in 2021 we reported that a house costing R1 million in 2011 could be purchased back then for the equivalent of 1 517 BTC. Our original R1 million house had appreciated in value to R1.46 million in 2021, the […]
SA dairy farmers eye carbon credits while curbing emissions – Moneyweb
AgriCarbon, introduced in 2021, draws on farm-generated data to reward farmers who adopt better farming methods, such as reduced tilling. …Read the full story
Forget blue chips, emerging market small caps are kings this year – Moneyweb
The MSCI Emerging Markets Small Cap Index is up 18% so far this year, outperforming the broader gauge by 17 percentage points, as investors bet on stocks most exposed to a post-pandemic recovery. ‘Of all the taxable income a Reit earns, 90% has to be distributed to taxpayers. …Read the full story
COP26 scorecard: What did two weeks of talks actually achieve? – Moneyweb
Coal target It was watered down at the last-minute to a pledge to “phase down” rather than “phase out” coal power, but the inclusion is still significant as the first mention of coal in a COP text. No big concrete action, but good news the pair are at least talking on climate amid the broader diplomatic standoff. The rules […]
Crypto world hits $3trn market cap as ether, bitcoin gain – Moneyweb
The third- and fourth-biggest tokens, Binance Coin and Solana, have added more than 20% in the past seven days; all of the seven biggest coins are up over the last week. The last time Bitcoin reached these levels, it fell back several thousand dollars, and it’s undergone multiple corrections that take it down by half […]
Emerging-market stocks roar higher on signs of best earnings since 2018 – Moneyweb
For the first time in three years, developing-nation companies are beating profit forecasts, with average earnings coming in 3.6% above analysts’ projections, according to data compiled by Bloomberg. “Vaccine rates picked up and economies reopened, which should be positive for consumer earnings,” said Dorson, a money manager at Mirae Asset Global Investments in New York. […]