Business Maverick: Bitcoin Climbs Above $11,000 as Memories of Popped Bubble Fade

“The bounce-back of Bitcoin has been fairly extraordinary,” said George McDonaugh, chief executive and co-founder of London-based blockchain and cryptocurrency investment firm KR1 Plc. “Money didn’t leave the asset behind, it just sat on the sidelines waiting to get back in.”

The largest cryptocurrency had a furious run higher in late 2017 that culminated with a top above $19,500, before an almost-as-relentless move downward over much of 2018. It languished around the $3,300 to $4,100 range for several months.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Naspers continues to climb with positive earningsNaspers has transformed itself from an Africa-focused media and television provider through the investment in Tencent. Surely this is a good buy right now?
Source: eNCA - 🏆 49. / 51 Read more »

State capture: 'My business was hijacked,' says woman who scored lucrative airport dealWhen she began her testimony on Friday, Tlatsana said the daily running of her company was taken over by people Van Wyk forced her to appoint, and she had no knowledge of the transactions being made - aside from SMS notifications from the bank. Stooge Can please we see Mr Van Wyk's picture
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Domino's brings self-driving pizza delivery pilot to Houston | IOL Business ReportThere goes another high schooler’s job: Domino’s Pizza Inc. plans to test unmanned pizza delivery in Houston later this year. busrep That’s walk up my driveway there is going to be rusting metal in a shallow grave in my backyard.
Source: IOL - 🏆 46. / 51 Read more »

Just implementing existing plans will mark a ‘revolution’ in the state — Patel | Business | M&GIn an interview with the M&G after Sona, Ebrahim Patel outlined what he believes will be different about the new administration’s efforts to boost an economy that is shrinking — by 3.2% in the first quarter of this year — while unemployment rises. ...this idiot Ebrahim Patel has been 'trying' to 'develop' SA's economy - as Minister of Economic Development - for the past 10 years. He is one of the useless ANC clowns directly and personally responsible for SA's shrinking economy and the end of foreign investment. FireHim! This communist will lead us further into the 💩hole!! Venezuela here we come Patel has been in charge of economic development for years. There has benn no economic development in that time. To believe the man who oversaw the the decline can be the one to oversee the revival is ludicrous! It’s obvious he hasn’t got the capability!
Source: mailandguardian - 🏆 2. / 92 Read more »

State capture: 'My business was hijacked,' says woman who scored lucrative airport dealThe state capture inquiry on Saturday heard how millions of rand flowed through a small North West company irregularly put in charge of ground handling services at the Mafikeng and Philanesberg airports in 2015. This testimony is making me sick. I am so ashamed to be a S.African right now because the media is dominated by corruption in GOVERNMENT at private sector. Maybe we must change the name to SKELEM AFRICA. atleast the suits our country. It is both sad and scary to hear how easy it is for crooks to take advantage of gullible people. Equally scary is to hear how many gullible people there are who don't think that something is not right, but will go with it because they'll get some extra cash.
Source: TimesLIVE - 🏆 28. / 59 Read more »

Naspers’s big bet classifieds business turns the cornerTurn to internet-based business yields a profit, but Naspers would be deep in the red without its stake in China’s Tencent
Source: BDliveSA - 🏆 12. / 63 Read more »