Bitcoin value has increased again this time it has reached over $16,000. This is yet another record-breaking increase for the Bitcoin cryptocurrency. At the start of this year, Bitcoins were worth just $1,000 each. However, they have continued to rise in value throughout the year at a rapid. A rate that could create a bubble… [Continue Reading]
Stock Market
Oil Prices Jump to a 30-Month High While OPEC Secures a Deal
Oil prices have jumped to a 30-month high after 24 oil-producing countries met and agreed to limit their output. Futures spiked two days ago after OPEC President Khalid al-Falih secured a deal among 24 oil producers at a meeting in Vienna on Thursday. It is unknown how long it will be before this price hike… [Continue Reading]
Softbank Bid for Uber Shares: Will This Solve Uber’s Problems?
A recently reported Softbank bid for Uber shares underlines the Japanese bank’s interest in ridesharing businesses. Softbank has already provided backing for Grab, the most popular ride-sharing service in South-East Asia. It is also involved with Didi Chuxing, the company responsible for Uber’s failure in China. Didi Chuxing also invested in Grab along with Softbank…. [Continue Reading]
Bitcoin Investment vs Renewable Energy Investment
Some people are discussing the pros and cons of Bitcoin Investment vs Renewable Energy Investment. A recent focus on Bitcoin investment has taken eyes off a more profitable market: renewable energy. The question that must be asked is why? Why do people invest in something they understand so little about? Particularly why do so when… [Continue Reading]