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Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
7.12.2022
Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year
Nvidia Chipmaker Crypto-Related Revenue Beat Expectations Despite Bear Market
18.11.2022
The crypto related revenue for the major chipmaker Nvidia reached $5.93bn in revenue for the third quarter. The figure was higher than expected, despite a slump in demand from both crypto miners and gamers.
According to the company’s latest earnings report, Nividia’s total revenue for the third...
Bitcoin, Ethereum Technical Analysis: BTC, ETH Decline as USD Strengthens Following Retail Sales Data
17.11.2022
Bitcoin was in the red for a second consecutive session, as markets continued to digest the latest U.S. retail sales figures. Sales rose by more than expected in October, coming in at 1.3%, versus expectations of a 1% increase. The result fueled market belief that the U.S Federal Reserve will...
US Added 261K Jobs in October, Topping Expectations for 200K
4.11.2022
MicroStrategy Third-Quarter Earnings Report Falls Short of Expectations – Here’s What You Need to Know
2.11.2022
Bitcoin (BTC) bull Michael Saylor’s company MicroStrategy delivered earnings that fell short of expectations on Tuesday, despite relatively stable bitcoin prices during the quarter.
According to the earnings report, MicroStrategy’s quarterly result fell short of the market’s expectations, with...
Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings
19.10.2022
Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. economy...
Latest CPI Data Shows Red-Hot Inflation Continues to Thrive in the US, Consumer Prices Jumped 8.2% in September
13.10.2022
The latest inflation data from the United States indicates that consumer prices have kept climbing despite expectations of a slowdown. The Consumer Price Index (CPI) summary published on Thursday shows an 8.2% rise in the year through September, and the core index rating saw the fastest yearly...
Market Wrap: Bitcoin Trades Higher Amid Muted Expectations for Next Inflation Reading
12.10.2022
Thursday’s Consumer Price Index is widely expected to show inflation still above 8%. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today's crypto markets
Looming US CPI Report Has Bitcoin Investors Seeking Protection in Case Inflation Tops Expectations
11.10.2022
Investors seem worried about the possibility of the impending CPI injecting renewed downside volatility in bitcoin and are preparing for the same
Bitcoin Tops $20K as Inflation Expectations Slide, Hopes For 2023 Rate Cut Persist
9.9.2022
ING expects a rate cut in June 2023 followed by further easing in the second half of the year
Report: Chinese Metaverse Industry Raises $780 Million in Funding
5.9.2022
The Chinese metaverse industry has reportedly raised about $780 million in funding and there are expectations this will grow to be a $5.8 trillion industry by 2030. So far there are 160,000 virtual human enterprises in China while 20 provinces or cities in the country are reportedly supporting...
Rate Hike Expectations Boost the Euro and the Dollar
31.8.2022
On 31st August, the greenback was bigger and more powerful than expected U.S. economic reports and aggressive Federal Reserve remarks indicated increased interest rates, but rate-hike expectations in Europe also showed the currency union hanging on above par. Markets are valuing a better-than-even...
Nuvei Tempers Yearly Expectations Due to Crypto Volatility
9.8.2022
The payments technology firm has tempered its outlook for the remainder of 2022 after its Q2 revenue fell short of expectations, partly due to volatility in cryptocurrencies
Alphabet, Microsoft and Now Meta Release Disappointing Quarterly Earnings
28.7.2022
Meta joined Alphabet and Microsoft in releasing disappointing quarterly financials, following the company’s Q2 earnings call. In a week of a disappointment for mega-cap stocks, the trio has all missed revenue and earnings expectations, with Meta seeing its first quarterly sales decline ever...
Bitcoin Price Outlook for July — Traders Remain Concerned About Upcoming Fed Rate Hike and Bankrupt Crypto Firms
8.7.2022
During the first week of July, bitcoin prices have risen to their highest level since mid-June, coming as U.S. Non-Farm Payrolls handsomely beat expectations. However, as we head into the remaining weeks of the month, questions still linger on if this momentum can be maintained, despite the current...
US Job Growth Remains Historically Strong, Exceeding Economists' Expectations
8.7.2022
U.S. employers added TK jobs in June
Goldman Sachs Sees Higher US Recession Risk Citing Concerns the Fed Will ‘Respond Forcefully’ to High Inflation
22.6.2022
Goldman Sachs’ economists now see an increased risk of a U.S. recession. “We are increasingly concerned that the Fed will feel compelled to respond forcefully to high headline inflation and consumer inflation expectations if energy prices rise further, even if activity slows...
US Central Bank Hikes Benchmark Rate by 75 bps, Fed’s Largest Increase Since 1994
15.6.2022
The U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) on Wednesday, and it was the largest increase since 1994. According to the Fed member’s expectations, the central bank will likely add another 1.5 percentage points by the year’s end. Fed Hikes Rate by...
US Inflation for May Hits 8.6%, Above Analysts’ Expectations
10.6.2022
US inflation hit 8.6% in May, up from 8.3% in April and above analysts’ expectations.
"While almost all major components increased over the month, the largest contributors were the indexes for shelter, airline fares, used cars and trucks, and new vehicles,” the announcement from the US Bureau...
U.S. May Job Growth Tops Expectations, With 390K Added
3.6.2022
The unemployment rate fell to its lowest level since TK