Psychic Ventures Ltd - Latest News [Page 1]

Esports Prize Money Increased 60% To $201M In 2021

Friday, 14 January 2022, 7:11 am | Psychic Ventures Ltd

The eSports industry has made a swift recovery from the impact COVID-19 in 2021. According to the numbers presented by , the collective amount of prize money in eSports tournaments increased by 60% in 2021. In comparison to ... More >>

Energy Consumed By One Ethereum Transaction Could Power Over 100,000 VISA Transactions

Thursday, 13 January 2022, 9:56 am | Psychic Ventures Ltd

  Data presented by show that the energy consumption by one ethereum transaction is about 238.22 kilowatts per hour. This energy consumption is significantly higher than that of 100,000 VISA transactions, which would use about ... More >>

NFT Sales Surge Past The $4 Billion Mark In The Last 30 Days

Tuesday, 11 January 2022, 6:32 am | Psychic Ventures Ltd

Non-fungible token (NFT) marketplaces have made a killing in the previous month. According to data presented by , NFT global sales surpassed the $4 billion mark.'s Edith Reads has been analyzing the data. ... More >>

Bitcoin Network Doubles The Number Of Monthly Active Addresses In 5 Years

Thursday, 6 January 2022, 6:51 am | Psychic Ventures Ltd

The Bitcoin Network (BTC) doubled its monthly active addresses (MAA) in the last five years. That’s according to data presented by . From 15.47 million in January 2017, it closed at 29.68 million MAAs in December 2021, a growth ... More >>

Bitcoin Electricity Consumption Is 8X That Of Google And Facebook Combined

Wednesday, 29 December 2021, 6:24 am | Psychic Ventures Ltd

Bitcoin (BTC) is a divisive virtual currency. Besides its volatility, it’s facing criticism for “supporting” criminal activity. Also, conservationists have slammed it for destroying the planet. The amount of electricity BTC consumes raises concerns. ... More >>

NFT Google Searches Increase 100x In 12 Months

Tuesday, 26 October 2021, 6:17 am | Psychic Ventures Ltd

Following a couple of relatively dormant months, the NFT market has sprung back to life and is hitting record after new record. Its resurgence has served to disprove multiple obituaries written for the space after it plummeted from its meteoric highs ... More >>

Highest-Paid ESports Game In H1 2021 Generated $8 Million In Prize Money

Tuesday, 19 October 2021, 6:47 am | Psychic Ventures Ltd

Even though eSports is yet to conduct again in-person events, the esports market is already on a recovery trajectory. According to the research data analyzed and published by , Counter-Strike: Global Offensive (CS:GO) was the highest-paid ... More >>

Facebook’s Market Cap Grew By $101 Billion Average Per Year Over The Past Nine Years

Thursday, 7 October 2021, 6:48 am | Psychic Ventures Ltd

Facebook is the youngest of the crème de la crème of the top performing firms globally. According to the research data analyzed and published by , its market cap has increased by a cumulative $932.0 billion under Mark Zuckerberg’s ... More >>

Germany Election Check For Investors - CDU/CSU: DAX Corporations Stand To Benefit From Over €2 Billion

Thursday, 19 August 2021, 6:17 am | Psychic Ventures Ltd

“Unleashing” Package could drive up value of DAX stocks Estimation: €2.089 billion more in profits per quarter Digitalization, energy and housing stocks in focus A new infochart from takes a closer look at the CDU/CSU's manifesto ... More >>

Global VC Investments In Marketplaces Nearly Triple To Historical High Of $28 Billion In Q1 2021

Tuesday, 22 June 2021, 6:18 am | Psychic Ventures Ltd

Besides the massive increase in VC funding into marketplace, unicorn valuations in the space have also surged remarkably. From $2.2 trillion in January 2019, the figure soared by 70% to $5 trillion in Q1 2021. 81 new unicorns joined the ranks ... More >>

Gaming Demographic Of 55- To 64-Year-Olds Up By 32% In Three Years

Tuesday, 1 June 2021, 6:31 am | Psychic Ventures Ltd

The gaming landscape is rapidly evolving, defying certain stereotypes that have always defined the traditional game participant. Recent research reveals that though the typical gamer is relatively young, there is a growing appetite among older ones ... More >>

Top Ten Coal Production Companies To Increase Output By 6.6% In 2021 Following 4.2% Decline In 2020

Wednesday, 5 May 2021, 5:45 am | Psychic Ventures Ltd

Following a turbulent year that saw a significant drop in production, the coal industry expected to initiate a recovery in 2021. According to the research data analyzed and published by Stock Apps , global coal production fell by 2% in 2020. In 2021, ... More >>

PayPal Payment Volume To Triple To $2.8 Trillion By 2025 As Revenue Increases By 20%

Friday, 9 April 2021, 5:52 am | Psychic Ventures Ltd

PayPal is expecting to maintain an upward trajectory in 2021 and beyond following an epic 2020. Based on its projections, the total payment volume for 2021 is set to increase by a high 20% range. Earnings per share (EPS) during the year are expected ... More >>

Full Global Transition To Electric Vehicles To Cost Investors $2.5 Trillion Over 10 Years

Thursday, 1 April 2021, 6:19 am | Psychic Ventures Ltd

The year 2021 has started off on a high note for electric vehicle (EV) funding and it seems set to break the previous year’s records. According to the research data analyzed and published by , electric vehicles raised a cumulative ... More >>

Tui Holiday Bookings Surge By 500%, EasyJet By 630% As UK Plans Lockdown Exit

Friday, 26 March 2021, 7:22 am | Psychic Ventures Ltd

UK holiday bookings went through the roof following an announcement on the upcoming easing of lockdown restrictions. According to the research data analyzed and published by Finaria , Tui holiday bookings similarly rose by 500% following a UK government ... More >>

China’s Mainland-Listed Banks Poised For 4.5% Profit Rise In 2021 Following 1.8% Decline In 2020

Friday, 26 March 2021, 7:18 am | Psychic Ventures Ltd

Chinese banks expect to initiate a recovery in 2021 following their first decline in a decade in 2020. According to the research data analyzed and published by , profits in the country’s banking sector as a whole fell by 1.8% last year based ... More >>

Three Top US Home Improvement Retailers Generated Nearly $55 Billion In Sales In Q4 2020

Thursday, 18 March 2021, 8:05 am | Psychic Ventures Ltd

The home improvement sector was among the few bright spots in the US economy in 2020. According to the research data analyzed and published by , product sales in the space rose by 8.7% year-over-year (YoY) to $440 billion. Prior ... More >>

Mobility Services To Hit $842B In Revenue In 2021, $141B Less Than In 2017

Thursday, 18 March 2021, 7:51 am | Psychic Ventures Ltd

The ongoing COVID-19 pandemic and the social distancing rules forced millions of people worldwide to change their daily routine, including how they travel or use mobility services. According to data gathered by , global mobility services ... More >>

Genshin Impact Revenue Soared To $153.4 Million In January 2021 With Asia Accounting For 74% Of Total

Tuesday, 16 March 2021, 7:02 am | Psychic Ventures Ltd

Genshin Impact continues to have astounding success in the global games market. According to the research data analyzed and published by Safe Betting Sites , it was the fourth highest grossing mobile game worldwide in January 2021. It raked in ... More >>

Netflix’s US OTT Market Share To Drop From 36.2% In 2020 To 30.8% In 2021

Friday, 12 March 2021, 6:38 am | Psychic Ventures Ltd

With the growing popularity of over-the-top (OTT) streaming services in the US, competition in the space is heating up. Netflix continues to maintain the top position in the space, but it is gradually ceding market share to Disney. According to the ... More >>