The CPI numbers are in. As always, this caused a considerable uptick in market volatility, with the price of Bitcoin doing rounds. At the time of this writing, BTC trades at above $25,000. Source: Tra...
Tag: YoY
Canaan’s Q4 Revenue Plummets by 82.1% YoY to $56.8 Million in 2022 – Cryptopolitan
Canaan Inc., a leading manufacturer of cryptocurrency mining equipment, has recently released its unaudited financial results for Q4 2022 and the full year. The report reveals a sharp decline in reven...
Canaan’s Q4 2022 Revenue Declines by 82.1% YoY to $56.8M
Chinese Bitcoin miner and manufacturer of application-specific integrated circuit (ASIC) mining machines, Canaan, has reported an 82.1% YoY revenue decline to $56.8 million in Q4 2022, according to a ...
Pending home sales data startles to the upside in January; Refinancing down 72% YoY
The National Association of Realtors released its Pending Home Sales Index (PHSI) for January 2023 and registered a rise of 8.1% MoM to settle at 82.5, the biggest monthly increase since June 2020. Th...
Deep dive into top public BTC miners following 82% YoY increase in hash rate
Ad Bitcoin (BTC) mining from public companies has grown exponentially in recent years, with the hash rate share of the top mining companies increasing from 23.93 EH/s to 56.98 EH/s between Jan. 2022 a...
Public Bitcoin Miners in better financial health despite 12.1% YoY drop in BTC holdings
Ad Glassnode data analyzed by CryptoSlate shows that Bitcoin miners are beginning to enjoy some respite in the current year after struggling in 2022. Bitcoin miner’s holdings decline 12.1% YoY As of J...
Bitcoin hash rate hits ATH after 34% YOY growth
Definition This metric presents the percent change of the Bitcoin hash rate adjustment. Quick Take Over a 7DMA, Bitcoin hash rate hit 300 TH/s and continues to put in new highs. During 2023, the hash ...
Exness reports 86% YoY growth in trading volume for January 2023
Exness, a commercial brokerage hits a trading volume of 2822 billion USD in the first month of the year 2023 which is an 86% hike compared to data from the previous year’s same month. In fact, the num...
Breaking down stats as crypto witnesses 93% YoY decline on exploits
According to research, cryptocurrency hacks caused $8.8 million in damages in January. When compared to the $121.4 million in exploitable losses in January 2022, January’s data indicated a 92.7% drop....
NFTs Sold Topped 67% YoY Growth in 2022
The price of Ethereum, BNB Coin, Solana, and other DeFi altcoins kept running this week. New data in a report out from DappRadar reveals there were more NFTs sold in 2022 than the year before. DappRad...
Active crypto developers grew 5% YoY despite market decline
BitcoinMonthly active developers grew 5% YoY, despite a more than 70% decline in crypto prices in 2022, according to a recent crypto developer report from venture firm Electric Capital. The report als...
Hycroft Mining (HYMC) Stock remains almost 50% up YoY despite Insiders Sale
Hycroft Mining Holding Corporation (NASDAQ: HYMC) stock held a relatively significant growth within a year. HYMC stock remains up by approx 49.43% from the trading price it was almost a year ago. Neva...
Uniswap (UNI) Price Down 69% YoY but Transaction Count Grew Within Same Period
Godfrey Benjamin Uniswap (UNI) recorded YoY transaction count growth amid crypto winter Uniswap (UNI) price has retraced from the bullish momentum it started the year with and is changing hands at $5....
Crypto VC funding down by 82.5% YOY, lowest in 2 years
Crypto startups raised $660 million in VC funding in December 2022 – down 21.5% from November (2022) and 82.5% from December 2021 ($3.76 billion), according to a report by Wu Blockchain. The number of...
Bitcoin miner revenue down 37.5% in 2022 YoY
Bitcoin mining revenue was down to $9.55 billion in 2022 from $15.3 billion in 2021 – a 37.5% decline. Since the peak of a massive rally in 2021, cryptocurrencies have lost more than $2 trillion in ma...
US Inflation Gauge PCE Clocks in at 4.7% YoY
The US Personal Consumption Expenditures price index (PCE) increased by 0.1% in November compared to October and by 4.7% compared to a year ago. As the world’s most powerful economy made the announcem...
Xiaomi Reports Q3 2022 Financial Results, Slips 9.7% on Revenue YoY
The Xiaomi Q3 2022 report reveals that the company netted a slightly less-than-expected 70.17 billion in revenue amid China’s harsh Covid measures. Xiaomi Corp posted its Q3 2022 earnings report on We...
Eastern Asia’s Crypto Market Growth Halts, China’s Crypto Transaction Volume Drops by 31% YoY
Chainalysis, a US blockchain analysis firm, released a new research study Thursday, showing that Eastern Asia is the fourth-largest cryptocurrency market, receiving $777.5 billion worth of crypto betw...
China’s air traffic drops 50% YoY making Asia Pacific no longer world’s largest travel region
Stringent Covid-19 curbs in China are reducing the economy’s flexibility, with holiday tourists and flights in general far lower compared to pre-pandemic days. The newest data from the Center for Avi...
China’s new energy vehicle (NEV) sales set new record up nearly 90% YoY
China’s wholesale of new energy passenger vehicles (NEV) continued its growth trajectory in September despite the country facing potential systemic economic risks. Namely, China Passenger Car Associa...
Eurozone CPI reaches double-digits for the first time since WWII standing at 10% YoY
As high inflation numbers are being reported around the globe, followed up by menacing headlines on macroeconomic hardships, countries seem to be pushed into ‘technical’ recessions. Among the areas m...
Argentine Inflation Skyrockets to Almost 80% YoY –
Crypto Adoption Grows in Argentina Argentina’s Inflation Rate – 78.5% Prices rose by 7% MoM Argentine expansion numbers were uncovered last week, with the interannual Shopper Value File (CPI) enroll...
Argentine Inflation Skyrockets to Almost 80% YoY as Crypto Adoption Grows – Economics Bitcoin News
Argentine inflation numbers were revealed last week, with the interannual Consumer Price Index (CPI) registering record levels reaching 78.5%. This puts the country second only to Venezuela in Latam i...
Chinese smartphone boom ends as domestic shipments in China drop over 30% YoY
It seems that the Chinese smartphone boom has ended as domestic smartphone shipments register a sharp decline. Covid lockdowns have wreaked havoc on the Chinese economy, with smartphone sales falling ...
Goldman Sachs to cut workforce due to a 23% YoY revenue drop
The global macro trends are piling on worries onto businesses across the globe; with the increased hiring spree post-Covid, it seems that the time for layoffs has come, spurred on by rising inflation ...
Over $100m Worth NFTs Stolen YoY: Elliptic
The theft of digital currencies might have been more publicized in the past year, but Non-Fungible Tokens (NFTs) have also had their fair share of exploits and cash drains. According to a new report f...
Bakkt Q2 Revenue Jumped By 60% YoY: Report
Digital asset platform, Bakkt Holdings, which is majority-owned by Intercontinental Exchange (ICE), generated quarterly net revenue of $13.6 million, an increase of 60% year over year (YoY). Despite t...
Marathon Digital Posts Negative Q2 Results, but Increases Bitcoin Production 8% YoY – Mining Bitcoin News
Marathon Digital, one of the biggest mining companies in the Bitcoin ecosystem, has posted its financial results corresponding to the second quarter of the year. The company revealed that even having ...
Marathon Digital Says Generated 707 BTC with YoY Increase of 8% in 2022 Q2
Marathon Digital Holdings, Inc. announced its July 2022 operational update on Aug 8, revealing that the cryptocurrency mining firm had mined 707 bitcoins, an increase of 8% year-over-year in the secon...