Bitcoin’s risk-reward calculation upended by rising rates | Fin24 – News24

The aggregate 30-day moving-average volume for Bitcoin across Coinbase, Bitfinex, Kraken and Bitstamp is at its lowest level since August 2021, according to data compiled by Strahinja Savic at FRNT Financial. That’s happened as the Federal Reserve and other central banks accelerate their fight against inflation, which has remained hotter for longer than many had […]

McKinsey: SA could need R2.3 trillion for coal shift | Fin24 – News24

Transitioning South Africa’s coal-dependent economy to green energy could cost R2.3 trillion by 2050, McKinsey & Co. While Africa, if agricultural emissions are included, accounts for about 10% of global greenhouse emissions, it is likely to be the hardest hit continent by climate change, McKinsey said. “Exposure to climate hazards is not evenly distributed,” the […]

SARS to take a closer look at Bitcoin, taxi owners and illegal offshore investments

However, SARS is going to chase those who owe it, wealthy or not, said Davis. So, what SARS has started doing is a “comprehensive examination” of high-net-worth individuals and those who are living larger than their income taxes suggest. “There is a comprehensive study being done at the moment in order to see just the […]