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U.S. Inflation Rate Slows to 6.5% in December, Inline With Estimates
12.1.2023
Bitcoin is gaining/falling on the news
Bitcoin’s Mining Difficulty Expected to Drop Significantly, Retarget Could Be 2022’s Largest Reduction
29.11.2022
Bitcoin miners could catch a break in a week or so, on or around Dec. 5, 2022, as the next difficulty retarget is expected to see a significantly large reduction. Estimates show the next difficulty retarget could drop anywhere between 6.13% and 10% lower. Presently, the difficulty change looks...
Deloitte: Metaverse Could Add $1.4 Trillion a Year to Asia’s GDP
24.11.2022
Deloitte estimates the metaverse could add $1.4 trillion to Asia’s GDP annually by 2035. Noting that the metaverse market could be as large as $13 trillion by 2030, the global financial services firm said: “The metaverse is no longer science fiction. Early metaverse platforms...
Steam sales estimates: why game popularity matters!
14.11.2022
Also: how games with big gameplay shifts add hook, and lots more
Bitcoin Miner Marathon Digital Misses Q3 Revenue Estimates, Lowers Hashrate Outlook for 2022
8.11.2022
The miner is targeting 9 EH/s for the end of the year, but maintains it will reach 23 EH/s by the middle of 2023
Bitcoin Mining Major Riot Blockchain Misses Analyst Estimates for Q3 Earnings
8.11.2022
Riot said its revenues declined as it powered down its Texas operations amid surging electricity demand
PayPal Q3 Revenues Beat Estimates - What It Means for Crypto
4.11.2022
Online payments company PayPal has posted a net revenue of $6.85bn for the third quarter, beating the market’s expectation of $6.82bn. The strong revenue means that digital payments services are still growing, which could potentially be a bullish sign for crypto.
The revenue by the payments giant...
Facebook Parent Meta Misses Revenue Estimates for Metaverse Division in Q3, Expects Losses to Grow in 2023
26.10.2022
Meta's revenues for the division came in at $285 million, down from $452 million in the second quarter
Current Block Times and Estimates Suggest Bitcoin’s Mining Difficulty Is About to Catapult Much Higher
7.10.2022
As bitcoin is coasting along under the $20K region, the network’s hashrate is still riding high at 250.04 exahash per second (EH/s) following the all-time high (ATH) the hashrate tapped on October 5. At the time of writing, the current speed at which blocks are processed is faster than...
Fed Preview: Bitcoin Investors to Look Past Jumbo Rate Hike and Focus on Economic Assessment and Borrowing Cost Estimates
21.9.2022
The economy has remained stronger than policymakers expected in July. So hawkish risk is that chairman Powell says the inflation fight is still in early stages, implying a higher terminal or peak rate
Bitfarms Starts Bitcoin Megafarm Operations in Argentina
18.9.2022
Bitfarms, a global Bitcoin mining company, has started operations in its mining megafarm located in Argentina. The farm, launched on September 16, is currently generating 10 megawatts (MW) of mining power during the first phase and will scale operations to be fully operational next year. Bitfarms...
Bitcoin Miner Greenidge Generation Shares Fall as Revenues Miss Estimates
15.8.2022
The company said the combination of falling bitcoin prices and high global energy prices presented a “challenging earnings environment.”
US Adds 528K Jobs in July, More Than Doubling Estimates
5.8.2022
Skybridge Estimates Bitcoin’s Fair Market Value at $40K and Ethereum’s at $2,800
5.8.2022
Skybridge Capital’s founder says bitcoin’s fair market value is about $40,000 based on adoption, wallet size, use cases, and growth of wallets. The asset management firm also estimated ethereum’s fair market value at around $2,800. Skybridge Capital on the Fair Values...
Block Beats Q2 Estimates, Posts $1.79B in Bitcoin Transactions
4.8.2022
The payments firm beat analysts’ revenue estimates, but the company said sales were down year-over-year due to a decrease in bitcoin revenue
Chainalysis Estimates $2B Stolen From Cross-Chain Bridge Hacks This Year
4.8.2022
This week, hackers used a vulnerability on the Nomad bridge to steal $190 million worth of crypto
FBI Warns of Fake Crypto Apps — 244 Investors Defrauded, $42.7 Million Lost
20.7.2022
The Federal Bureau of Investigation (FBI) has issued a warning about fake cryptocurrency apps defrauding investors. “The FBI has identified 244 victims and estimates the approximate loss associated with this activity to be $42.7 million,” said the U.S. law enforcement agency....
Report: The Metaverse Might Contribute $320 Billion to Latam’s GDP in the Next 10 Years
25.5.2022
A new report indicates that the metaverse might be a significant factor in the growth of economies in Latam and the world in the coming decade. The study, issued by Analysis Group, estimates that Latam might benefit from a surge of $320 billion or an approximate 5% of its GDP, in the next 10 years....
Stronghold Digital Beats Q1 Revenue Estimates, but Misses on Earnings
16.5.2022
Shares of the bitcoin miner that uses waste coal for energy fell slightly in after-hours trading
Core Scientific Cuts Hashrate Outlook, Q1 Revenue Misses Estimates
12.5.2022
Despite the news, shares of the miner were up in after-hours trading