FTX Exchange Now Valued at $25 Billion Following Successful $420 Million Fundraiser

FTX Exchange Now Valued at $25 Billion Following Successful $420 Million Fundraiser

“FTX cryptocurrency exchange has announced that it has successfully secured $420 million in funding through its series B-1 round from 69 investors, increasing the firm’s valuation to $25 billion, according to a press release on October 21, 2021. FTX Raises Fresh $420 Million Barely three months after completing a series B fundraiser that generated $1Read More”

Source: BTCMANAGER

Despite stagnant prices, Cardano reaches the 1 million wallets staked milestone

“Cardano‘s DeFi ecosystem is slowly starting to take shape, thanks to the network’s Alonzo hard fork earlier this year. The hard fork paved the way for smart contract integration. In fact, its first decentralized exchange, SundaeSwap is all set for its testnet launch later today. These developments have led to

Top 5 cryptocurrencies to watch this week: BTC, ETH, MATIC, ALGO, EGLD

“If BTC holds the $49,000 level, ETH, MATIC, ALGO and EGLD could move higher during Bitcoin’s expected “consolidation phase.” Bitcoin (BTC) and most altcoins sold off on Dec. 4 with massive deleveraging seen in the crypto derivatives markets. Data suggests more than $2.5 billion of crypto liquidations over a 24-hour