One Ethereum-based (ETH) gaming altcoin is skyrocketing over the last month as its ecosystem experiences rapid growth. ImmutableX (IMX) has surged by 147% during the past thirty days, increasing from $0.42 on January 8th to its current value of $1.04. The layer-2 protocol’s price explosion comes as the project says its blockchain technology is becoming […]
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Top US-based crypto exchange platform Coinbase is expanding its suite of digital assets by adding custody support for over a dozen of Ethereum (ETH)-based altcoins. Coinbase says it’s adding 14 new cryptocurrencies to the growing roster of virtual currencies in its Coinbase Custody cold storage trust. Coinbase Custody, which launched in July 2018, is a […]
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Retail giant GameStop is launching the beta version of its non-fungible token (NFT) marketplace, already outpacing one prominent competitor. Though GameStop released its NFT marketplace just two days ago, it has already nearly doubled the total amount of Ethereum (ETH) NFT sold over Coinbase’s NFT marketplace, which launched months ago. According to data from GameStop, […]
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Video-game retailer GameStop is going full force into the non-fungible token (NFT) arena after securing a pair of blockchain partnerships in less than two months. Today the layer-2 protocol Loopring (LRC) announced that the beta version of GameStop’s new NFT platform built on its blockchain is live for early sign-ups and fund deposits, with a […]
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An altcoin focused on the non-fungible token (NFT) sector has surged while most of the digital asset markets consolidate or trend down. Immutable X (IMX) is a scaling solution for Ethereum NFTs that aims to provide users with near-instant, low fee transactions. According to the project, the Immutable X engine allows for 9,000 transactions per […]
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Following the startup’s partnership with Gamestop, the Sydney-based blockchain firm Immutable announced it raised $200 million in a Series C financing round led by Temasek. The company is now valued at $2.5 billion and Immutable plans to use the funds to scale the startup’s gaming studio. Immutable Raises $200 Million, NFT Startup Aims to Bolster […]
Bitcoin rallied above $40,000 on Friday, however, this was not the biggest mover in crypto markets to end the week. Cryptocurrencies climbed today, following news that over 400,000 jobs were added to the U.S. economy last month. Biggest gainers Bitcoin (BTC) climbed to $40,000, ethereum was fast approaching $3,000, with Solana nearing $110, however, none […]
Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership with Gamestop. IMX climbed by over 35% today, with QNT also extending recent gains. As of writing, crypto markets were almost 4% lower. Biggest gainers Despite the bearish pressure on crypto markets this Thursday, there […]
Crypto analyst Aaron Arnold thinks Ethereum (ETH), Solana (SOL) and three other altcoins will be “explosive” this year. The co-host of Altcoin Daily tells his 1.2 million YouTube subscribers that surging interest in non-fungible tokens (NFTs) and decentralized finance (DeFi) is driving his bullishness on a handful of crypto assets. “[I’m] talking about quality L1s […]
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