Looming Consumer-Driven Inflation May Not Prove Beneficial To Bitcoin And Other Cryptos

Ethereum Reaches New All-Time High, Bitcoin Breaks Above $38,000

“It will not come as a big surprise to most people that inflation remains a pressing problem in the financial world. According to Deutsche bank, the United States may see a significant increase in inflation over the coming years. Typically, this would drive investors to alternative assets, but that may not necessarily be the case
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Source: CryptoMode

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

Associated Press plans to launch Chainlink node to publish data

“The news agency added it would be open to shifting its approach based on the response from developers as it kept “a finger on the pulse of the blockchain economy.” The Associated Press news agency announced it would be launching its own Chainlink oracle node to ensure any data from