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Justinas Baltrusaitis

Justin is an editor, writer, and a downhill fan. He spent many years writing about banking, finances, blockchain, and digital assets-related news. He strives to serve the untold stories for the readers.

US Public Debt Rises By 20% Within a Year Surpassing GDP by 30%

US Public Debt Rises By 20% Within a Year Surpassing GDP by 30%

The United States still grapples with managing the public debt that has been soaring over the last decade. However, the coronavirus pandemic has pushed the debt to unprecedented levels to surpass the country’s Gross Domestic Product. Data presented by Bankr.nl indicates that between December 2019 and December 2020, the United States public debt has grown …

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Netflix is Projected to Spend $19 Billion on Video Content in 2021

Netflix is Projected to Spend $19 Billion on Video Content in 2021

As the streaming competition continues to shape up, Netflix has turned the focus on bettering its video content library to remain on top. As a result, Netflix has been increasing its video content budget annually. Data presented by Bankr estimates that Netflix will spend about $19.03 billion on video content in 2021. The amount will …

Netflix is Projected to Spend $19 Billion on Video Content in 2021 Lees verder »

Global 5G Coverage to Grow 253% by 2025 and Reach 53% of Population

Global 5G Coverage to Grow 253% by 2025 and Reach 53% of Population

As different service providers make progress in setting up the 5G technology infrastructure, the coverage is projected to keep growing significantly. With the growth, more than half of the global population is expected to have access to revolutionary technology. Data presented by Bankr indicates that the global 5G network coverage will grow by 253.84% in …

Global 5G Coverage to Grow 253% by 2025 and Reach 53% of Population Lees verder »

Bitcoin Surpasses $400B Market Capitalization, More Than Any Global Bank

Bitcoin Surpasses $400B Market Capitalization, More Than Any Global Bank

Bitcoin’s market capitalization has hit record levels in 2020 alongside a surge in the asset’s price. With the market cap, the pioneer cryptocurrency is now larger than any bank globally. Data presented by Bankr indicates that Bitcoin’s market capitalization of $421.28 billion as of December 17, ranks it higher than any bank globally. American banking …

Bitcoin Surpasses $400B Market Capitalization, More Than Any Global Bank Lees verder »

10 Most Valuable Companies Worth 12% of Global GDP in 2020

10 Most Valuable Companies Worth 12% of Global GDP in 2020

With the stock market making key gains this year amid the pandemic, the market capitalization of some public companies is soaring to new highs. As a result, the cumulative market capitalization of these companies occupies a significant share of the global Gross Domestic Product (GDP). Data presented by Bankr indicates that the top ten most …

10 Most Valuable Companies Worth 12% of Global GDP in 2020 Lees verder »

Bitcoin Miners Amass Over $550 Million in Revenue in the Last 30 Days

Bitcoin Miners Amass Over $550 Million in Revenue in the Last 30 Days

The recent months have seen Bitcoin record tremendous growth, attaining new price highs in about three years. The surge in Bitcoin value has been reflected in the revenue amassed by miners. Data acquired by Bankr indicates that between November 9 and December 8, 2020, Bitcoin miners have earned a total of $551.45 million. The figure …

Bitcoin Miners Amass Over $550 Million in Revenue in the Last 30 Days Lees verder »

US Imports from China Grows by 126% to $292 Billion Amid Pandemic

US Imports from China Grows by 126% to $292 Billion Amid Pandemic

Despite the fierce trade war and the economic impact of the coronavirus pandemic, the United States still largely depends on China. The dependence is evident in the value of exports and imports between the two countries. Data presented by Bankr indicates the United States imports from China have grown by 126.29% to $292.64 billion between …

US Imports from China Grows by 126% to $292 Billion Amid Pandemic Lees verder »

Amazon's 2020 brand value grows by 60% as top 10 firms' value surpasses $1.1 trillion

Amazon’s 2020 brand value grows by 60% as top 10 firms’ value surpasses $1.1 trillion

This year has been a significant test for major brands to maintain their market value amid the pandemic. Brands that offered essential services during the pandemic have seen their value surge to new highs. Data presented by Bankr indicates that the top ten firms have a cumulative brand value of $1.15 trillion as of November …

Amazon’s 2020 brand value grows by 60% as top 10 firms’ value surpasses $1.1 trillion Lees verder »

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