Day: 11 June 2023

Top 3 Headlines Dominating South Africa’s News Landscape – 18/06/2023

Top 3 Headlines Dominating South Africa’s News Landscape – 18/06/2023

South Africa is a nation that never sleeps, and its news landscape is no exception. Today, we delve into the…

2023-06-19

Cryptocurrency Market in Chaos as Altcoins Experience Major Drops

The cryptocurrency market witnessed a significant crash, with altcoins experiencing substantial losses in value. The lawsuits filed by the SEC…

2023-06-12

Hut 8 Mining Extracts 147 Bitcoins Amidst Falling Hash Rate

Hut 8 Mining, a Toronto-based crypto mining company, mined a total of 147 bitcoin (BTC) in May 2023, generating around…

2023-06-11

Eskom Clears Air on R500m Security Deal Amid Fraud Claims

Eskom has reassured the public that the R500 million security contract awarded to Fidelity Services was in full compliance with…

2023-06-11

Binance Crypto Exchange Reports $392M Outflow in 24 Hours Amidst Regulatory Challenges

Binance, a cryptocurrency exchange, experienced a net outflow of approximately 7,370 million South African Rand (ZAR) $392M) in the past…

2023-06-11

Gold Price Unsettled as Fed’s Rate Hike Pause Impacts Market

Gold price remains uncertain around $1,960 as it hovers with no clear direction. The Federal Reserve's expected pause on rate…

2023-06-11

EUR/USD Faces Bearish Pressure as Italy’s Industrial Production Dips

EUR/USD is experiencing downward pressure after Italy's April Industrial Production unexpectedly declined, raising concerns about the Eurozone's economic health. Despite…

2023-06-11

EUR/GBP Plummets to Nine-Month Low amid Eurozone Economic Struggles

The EUR/GBP pair has dropped to a nine-month low, hitting 0.8540 and stabilizing around 0.8545. The decline reflects the challenges…

2023-06-11

Silver Prices Surge to Four-Week High, But Gravestone Doji Signals Market Battle

Silver prices in South Africa hit a new four-week high before retracting. The formation of a gravestone doji suggests a…

2023-06-11

Eskom Embraces Transparency: No More Financial Hide-and-Seek

Eskom, South Africa's primary electricity supplier, has accepted the National Treasury's decision to not grant it a partial exemption from…

2023-06-11