The UFC has experienced drastic growth since its founding in 1993. Not only has the organization cemented itself as the premier mixed martial arts promotion, but the enterprise has also developed into one of the most successful sports leagues in the globe. Armed with an abundance of financial resources, the organization has done an excellent job in expanding its global stronghold and negotiating promising business deals. However, the organization’s financial success has been largely overshadowed by its unethical compensation of fighters, a controversy that has sparked immense public outrage. To resolve this scandal and repair its public image, it is crucial for the UFC to recognize its past injustices and implement a reformed fighter compensation structure. In doing so, the company will restore its currently fractured reputation and properly position itself for sustainable long-term success.
Recently, Ethereum (ETH), the second-largest cryptocurrency in terms of market capitalization, recorded an all-time high price of $4,840, surpassing the $4,800 mark for the first time ever. Other popular cryptocurrencies, such as Bitcoin and Litecoin, surged as well, extending their gains during what has been a bullish few months for the cryptocurrency market. In the following article, senior investing columnist Robert Liu takes a closer look at Ethereum and investigates the factors that have caused it to skyrocket.
The sports card market is scorching hot as of late, and there is no end in sight. Amid the COVID-19 pandemic, the industry has catapulted forward, shattering previous sales records and growing a loyal consumer base. In the following article, investing columnist Robert Liu explores the world of sports cards and investigates the factors that have caused this industry to boom.
In February, Tesla purchased 1.5 billion dollars worth of bitcoin for investment and diversification purposes. Subsequently, its stock price plummeted. Will this polarizing move benefit Tesla in the long-term? Only time will tell.