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Immutable, a web3 gaming platform that helps developers launch and scale games, has unveiled a new mobile gaming division as it aims to dominate the $121 billion mobile market. Summary Immutable has launched Mobile Gaming Division as it looks to onboard the next billion web3 gaming players. Mobile gaming offers a $121 billion opportunity that … Read more
Immutable’s IMX token is flashing a bullish double-bottom pattern just as the network overtakes Ethereum in weekly NFT sales—a major milestone in the race for Web3 dominance. With Immutable’s (IMX) volume topping $34.9 million, driven by hits like Guild of Guardians, the token has rebounded slightly off recent lows. However, declining active wallet engagement and … Read more
The NFT market has experienced a strong rally, with sales volume jumping by 37.10% to $144.8 million. According to data from CryptoSlam, this marks the biggest weekly gain in recent months for the sector. The spike coincides with Bitcoin’s (BTC) recent climb to the $105,000 mark. Ethereum (ETH) also had a slight 2.5% increase during the … Read more
Immutable token retreated this week as market participants reacted to the broader crypto market crash. It also dropped despite welcoming a popular game to its platform and a surge in Guild of Guardians NFT sales. Immutable (IMX) fell to $0.495 on Friday, down 36% from its May peak and 86% from its high last year. … Read more
The crypto market hit the brakes last week as Bitcoin slid from its record high of $111,900 to below $104,000, sparking a broader altcoin sell-off. With investors locking in profits and key economic data like nonfarm payrolls on the horizon, all eyes are on what’s next. This week, Pi Coin (PI), Immutable X (IMX), and … Read more
Cryptocurrencies performed well last week, with Bitcoin soaring to its highest level since February and the market cap of all coins jumping to over $3 trillion. The main catalyst for Bitcoin (BTC) and other altcoins this week will be the Federal Reserve interest rate decision on Wednesday. Signs that the Fed will cut rates three … Read more
The U.S. Securities and Exchange Commission has officially closed its investigation into Australlian crypto-gaming firm Immutable. According to a statement from the company on Mar. 26, the regulator will not take any enforcement action against Immutable (IMX), the IMX Ecosystem Foundation, or its chief executive officer. This officially puts an end to the matter. Immutable … Read more
Since the launch of the first NFTs, they have gradually gained popularity not only among crypto investors but also among artists, celebrities, and people from all walks of life. But popularity brought some challenges. Scalability and transaction costs quickly became major headaches, especially on Ethereum, the go-to network for NFTs. The Layer 2 model changed … Read more
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