Crypto exchange FTX valued at $32 billion amid bitcoin price plunge

Crypto exchange FTX valued at $32 billion amid bitcoin price plunge

Cryptocurrency exchange FTX saw its valuation swell to $32 billion in a new funding round announced Monday, highlighting continued appetite for the sector even as investors grow wary about a sharp pullback in crypto prices. The Bahamas-based company said Monday that it raised $400 million in a Series C financing round — its third fundraise … Read more

Bitcoin fights solana, polkadot, litecoin against dogecoin

Bitcoin fights solana, polkadot, litecoin against dogecoin

Bitcoin is beginning to reassert its dominance over challengers to its cryptocurrency crown. Bitcoin is beginning to reassert its dominance over challengers to its cryptocurrency crown. Bitcoin has been beset by thousands of new “altcoin” competitors in 2021 – from solana and polkadot to litecoin and dogecoin – raising the prospect of rapid fragmentation in … Read more