"We see a lot of greed in the market", says GM of Luno Africa, SA's leading crypto platform

Loading player...
Last week was certainly a wild one for cryptocurrencies, with Bitcoin proving to be very volatile. The popular cryptocurrency plummeted around 20%. Luno Africa's General Manager, Marius Reitz, joined the BizNews Power Hour to discuss the decline in Bitcoin's price. "Even after such a drop, it's hard to believe that it's still up 72% year to date." Reitz also says that the market has been in extreme greed territory for quite some time. Learn more about your ad choices. Visit megaphone.fm/adchoices
26 Apr 2021 8AM English South Africa Investing · Business News

Other recent episodes

Zuma in crisis: Disgruntled MKP members to vote ARU - Jabulani Khumalo

In his latest interview with Chris Steyn, the real founder of MKP, Jabulani Khumalo, comes out in support of The African Renaissance Unity Party (ARU) founded to lobby for the interests of traditional chiefs and their communities. With Khumalo's battle to reclaim control of the party - “hijacked” by former…
27 Jul 10AM 17 min

Eva Crouwel - When the State comes to your Gate….

An anti-immigration raid on a private housing estate in the Western Cape is causing a furore. In this interview with Chris Steyn, Eva Crouwel, a property owner on High Riding Estate, describes how police in a fleet of about six vans - accompanied by Home Affairs officials - descended on…
27 Jul 7AM 10 min

BN Daybreak: SA-Israel tension; Nvidia-OpenAI deal; US tariffs; Fed rate outlook; Energy Risks

In today's BizNews Daybreak, we explore global market pressures, starting with new US Section 301 tariffs affecting South Africa and 60 other economies. Former Israeli adviser Mark Regev discusses strained Pretoria-Israel relations and ICJ genocide charges. Furthermore, we preview upcoming central bank rate decisions, Nvidia’s potential $250B OpenAI data center…
26 Jul 11PM 14 min