To Rename LA’s Staples Center In $700M Deal – November 17

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $60,353

Bitcoin price has reclaimed the $60,000 mark once again, following another sharp drop into the $58,000s.

Top-20 altcoins have mostly down again over the last 24 hours, as Ethereum falls 2%, Solana drops 4% and Avalanche stands out with a 14% gain.

Top Stories for November 17, 2021 πŸ”₯

πŸ‘‰ To Rename LA’s Staples Center In $700M Deal

Cryptocurrency company has reached a 20-year, $700 million deal to rename the Los Angeles Staples Center.

The Staples Center is currently home to some of the most famous LA sports teams in the world, including the Lakers, Clippers, Sparks and Kings. It will also be hosting the GRAMMY awards in January.

As of December 25, the rebranding to the “ Arena” will take effect, with physical signage to be updated by June 2022.

πŸ‘‰ ConsenSys Closes $200M Funding Round, Now Valued At $3.2B

Blockchain infrastructure company ConsesnSys has successfully closed a new $200 million funding round, valuing the company at $3.2 billion.

The funding round included notable investors such as Coinbase Ventures and HSBC, as well as new participants Marshall Wace, Third Point and Think Investments.

πŸ‘‰ Avalanche Blockchain’s AVAX Surges Following Deloitte Partnership

AVAX, the native token of the Avalanche blockchain, has surged 85% over the last month and reached new all-time highs, now boasting a partnership with Deloitte.

The partnership will see Deloitte, a “Big Four” accounting firm, leveraging the Avalanche chain to create more efficient disaster-relief platforms.