FMP
Jan 24, 2023 8:59 PM - Davit Kirakosyan
According to a new report by Crypto.com, crypto adoption hit new heights in 2022, with the number of crypto owners reaching 425 million by the end of the year. The report, titled “Crypto Market Sizing,” analyzed a combination of on-chain data, survey analysis, and internal data from the company. The research team noted that despite macroeconomic challenges, such as high inflation and ongoing pandemic effects, the number of crypto owners worldwide grew by 39% from 306 million to 425 million during the year.
Bitcoin ownership saw the most significant growth, with the number of bitcoin owners rising by 20% from 183 million in January to 219 million in December. This accounted for 52% of global owners. Ethereum also saw a significant increase in adoption, with the number of ether owners growing by 263% from 24 million in January to 87 million in December. This accounted for 20% of global owners.
Sep 11, 2023 1:38 PM - Rajnish Katharotiya
Price to Earnings is one of the key metrics use to value companies using multiples. The P/E ratio and other multiples are relative valuation metrics and they cannot be looked at in isolation. One of the problems with the P/E metric is the fact that if we are in the peak of a business cycle, earni...
Sep 11, 2023 1:49 PM - Rajnish Katharotiya
Price-to-Earnings ratio is a relative valuation tool. It is used by investors to find great companies at low prices. In this post, we will build a Python script to calculate Price Earnings Ratio for comparable companies. Photo by Skitterphoto on Pexels Price Earnings Ratio and Comparable Compa...
Oct 17, 2023 3:09 PM - Davit Kirakosyan
Shares of VMware (NYSE:VMW) witnessed a sharp drop of 12% intra-day today due to rising concerns about China's review of the company's significant sale deal to Broadcom. Consequently, Broadcom's shares also saw a dip of around 4%. Even though there aren’t any apparent problems with the proposed solu...