Bitcoin surges as the bulls return

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[SPONSORED] Bitcoin is back... RevixInvest Moneyweb cryptos bitcoinbulls

KPMG joins the crypto adoption

“The crypto asset industry continues to grow and mature, and it needs to be considered by financial services and institutional investors,” says Kareem Sadek, advisory partner, crypto assets and Blockchain Services co-leader at KPMG in Canada. Consumer inflation in the US hit 7% in 2021, against an average 4.5% for South Africa – the first time in decades that SA’s inflation rate has undershot that of the US.

There is also evidence of retail investors moving their BTC off exchanges to cold storage, an indicator that they are planning to hold for the longer term. This should show you how diversifying your investments can have major benefits over a longer time period.Revix is a Cape Town-based crypto investment platform backed by JSE-listed Sabvest and offers something unique to investors.

The Top 10 Bundle is like the JSE Top 40 or S&P 500 for crypto and provides equally weighted exposure to the top 10 cryptocurrencies making up more than 75% of the crypto market.

 

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How knowing your financial ratios can make you moneyICYMI: Today on the MoneywebNOW podcast with SimonPB,SeanSanders of RevixInvest discusses Bitcoin’s waning influence and StevenBeattie takes a look at using financial ratios from the balance sheet. Download the podcast:
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