Micro News

Micro News

Bitcoin: bubble or stable high prices?

Within the past 12 months, the price of Bitcoin has increased from less than USD $800 to more than USD $12,000. The momentous increase in value caused many to question if it is a bubble or if the high price of today is here to stay. The financial definition of a bubble is a situation where the price…


Could there be a Bitcoin bubble?

Bitcoin is now comparing past economic bubbles due to its own phenomenal rise in 2017. Perhaps the earliest example of an asset bubble would be the tulip craze in the 17th century in which Dutch speculators caught a dose of irrational exuberance over the arrival of tulip bulbs into Europe from the Ottoman…


Few people have managed to crack the codes needed to extract bitcoins from the 21 million locked inside the mathematical problems set up by its creator, Satoshi Nakamoto. Those who have utilized enough computer power and code-cracking know-how can now consider themselves rich that the value of one singular…


China: risky levels of debt says IMF

There are recent concerns that China risk being the cause of a fresh global financial crisis. The fears have been highlighted by the International Monetary Fund (IMF) in a compelling warning about the growing debt-dependency of the worlds 2nd largest economy. Credit was found to be high by international…


The leader of Germany’s Social Democratic party (SDP), Martin Schulz, has set out his demands for talks to initiate another coalition government with Angela Merkel. Schulz called for a creation of the “United States of Europe” by 2025 in a speech at the SPD’s party conference in Berlin. He also went…


The first visit by a Turkish president to Greece in 65 years quickly turned sour with as Recep Tayyip Erdoğan crossed many red lines. Not long after he landed in Greece, Recep Tayyip Erdoğan began sparring with the Greek President, Prokopis Pavlopoulos. He claims that Athens would have never entered…


Should we feel sorry for Chief Executives?

Today, Chief Executives are pursued like never before. They now undertake far more complex set of tasks. This is during a period of considerable change alongside competition of private set-ups and pressure from short-term activists. Steve Blank, entrepreneur and educator, has stated that he previously…


Robots now working in Singapore banks

Since Amy started work at the United Overseas Bank’s (UOB) trade finance operations team, she has been very busy processing requests for letters of credit from the banks corporate clients. Amy is a hard worker who does not even stop for a coffee break while dealing with the wide-ranging data that needs…


Can we trust Bitcoin’s blockchain?

The technology that sustains bitcoin and other cryptocurrencies, blockchain, depends upon making a transaction “without relying on trust”. Satoshi Nakamoto created Bitcoin and its accounting ledger, blockchain, for people to be able to trade units of value without needing to trust centralised authorities…


CEO of Goldman Sachs, Lloyd Blankfein, claims that Bitcoin is a vehicle to commit fraud as the value plummets 20% in a day. The most recent high-profile critic of the cryptocurrency has stated that “Something that moves 20% [overnight] does not feel like a currency. It is a vehicle to perpetrate fraud.” Bitcoin…



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