Stafford Masie Altvest Capital – soon to be renamed as the Africa Bitcoin Corporation – has appointed Stafford Masie, previously its lead independent director, as executive chairman and tasked him with leading its bitcoin treasury strategy. The appointment comes days after Altvest announced its name change as it shifts focus to building a bitcoin treasury,…
Altvest chairman and self-proclaimed “bitcoin maximalist” Stafford Masie Johannesburg-listed investment holding company Altvest Capital is changing its name to The Africa Bitcoin Corporation as it doubles down on its strategy of building a bitcoin treasury, seeking to emulate the success of US-listed Strategy (previously MicroStrategy). In a small first move, Altvest in February acquired 1.00464…
Nicolas Economou | Nurphoto | Getty Images The crypto market tumbled to begin the week as heightened macro concerns triggered more than $500 million in forced selling of long positions. The price of bitcoin was last lower by 1.1% at $116,394.87, after touching a new all-time high last week – its fourth one this year…
Bitcoin hit a record high on Thursday as increasing expectations for easier monetary policy from the US Federal Reserve added to tailwinds from recently announced financial reforms. The world’s largest crypto-asset by market capitalisation climbed as much as 0.9% to US$124 002.49 in early Asia trading, surpassing its previous peak hit in July. On the day,…
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin | Getty Images News | Getty…
Jakub Porzycki | Nurphoto | Getty Images The crypto market jumped Thursday on excitement that bitcoin and other digital assets could soon be coming to 401(k) retirement plans. President Donald Trump is set to sign an executive order that would allow 401(k) accounts to invest in alternative assets, including private equity, real estate and digital…
For seven decades, poor countries wanting to get rich have turned again and again to dams. For the post-independence leaders of Egypt and Ghana in the 1950s, hydroelectricity and sovereignty were inextricably linked. Building vast irrigation and electricity projects across the Nile and the Volta was a prerequisite if they were to catch up with…
Bitcoin is being accepted as a mainstream currency. Bitcoin’s rally to a fresh all-time high of more than $120 000 (or over R2 million at current exchange rates) has triggered a wave of profit-taking, sending the crypto-currency down 2.35% in early Tuesday trade. Despite the dip, analysts and major investment houses remain confident the bullish…
TLDR Bitcoin surged past $120,000 for the first time on Monday, setting a new all-time high of $122,571.19 before settling around $121,952.61, up 2.4% on the day The rally comes ahead of a critical week in Washington, where lawmakers will debate long-awaited crypto legislation Trump’s support, alongside growing institutional demand and sustained bullish momentum, has…
Bitcoin hits $118 000 in fresh high. Bitcoin surged to a new all-time high on Friday morning, trading at over $118 000 per unit (or more than R2 million), as geopolitical tensions and shifting investor sentiment saw capital flowing into alternative assets. Christo de Wit, Luno country manager, says the price has been bolstered by…
