Bitcoin’s Threat to Financial Stability
Bitcoin doesn't pose any threat to the financial stability of the markets. It's unlikely that it will shake up the mainstream markets in the coming years, according to a group … [Read more...]
Price of Bitcoin Rises as the Cryptocurrency Market Slowly Recovers
On September 23, 2017, the price of Bitcoin has increased to $3,738 from $3,600, with a recorded daily growth of 4.88%. At the recent peak, the price of Bitcoin passed the … [Read more...]
WTI Oil Price Rises
WTI oil price rises above $49 as the crude stocks rise less than the forecast Oil prices rose higher on Wednesday. This rise added to the overnight gains after the data … [Read more...]
Electronics Store RadioShack is Filing for Bankruptcy for the Second Time
On Wednesday, RadioShack Corp, a U.S. electronics chain, filed for bankruptcy for the second time in just over two years. RadioShack was faced with a challenging retail environment, together with an unsatisfying partnership with wireless provider Sprint Corp. The Chapter … [Read more...]
Asian shares are on track for gains, while anticipating Trump’s policy speech
On Tuesday, the Asian shares lost their hold, yet they were still on track for a successful month, aided by the gains on Wall Street as the investors awaited a speech by U.S. President Donald Trump for signals regarding infrastructure spending and tax reform. In Europe, … [Read more...]
Oil gains, as the bullish bets on an increasing oil price hit a record high
On Monday, the oil price rose as investors showed record confidence in the oil price further increasing, though the gains were capped by the prospect of a quicker growth in the U.S. production of oil. There was an increase of 52 cents for Brent crude oil (LCOc1) to … [Read more...]
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