The total market value of cryptocurrencies surpassed $1-trillion for the first time on Thursday amid a frenzied and volatile rally in bitcoin to yet another record.
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Huawei this year will likely see slower 5G business and push further into software, while hoping its smartphones get a reprieve from US sanctions which last year struck the chip-reliant heart of its group, analysts said.
Load shedding will be back, at stage 2, from 10pm on Wednesday, 6 January, Eskom has announced. The power cuts will be repeated on Thursday.
US President Donald Trump has signed an order banning US transactions with eight digital Chinese payment platforms including Ant Group’s Alipay in 45 days, when he’ll no longer be in office.
Bitcoin jumped to another all-time high on Wednesday, just two days after registering its biggest one-day decline since March.
Eskom has taken Unit One of Koeberg offline earlier than planned for scheduled maintenance, exarcerbating the risk of regulator load shedding in the months ahead.
Bitcoin fell sharply on Monday, losing ground from a record high of $34 800 touched a day earlier, with traders citing volatility in highly leveraged futures markets.
Six telecommunications companies have responded to the invitation to apply for access to radio frequency spectrum bands suitable for mobile broadband roll-out, with no real surprises among the names.
Investors are weighing how big to go on US technology stocks in the coming year, as pricier valuations, regulatory risks and a revival of the market’s beaten-down names threaten to dim their allure.
Eskom was scheduled to implement stage-2 load shedding from 10pm on Tuesday, despite many industries being closed for the year-end holidays and the tightened lockdown restrictions.