ImmutableX
$IMX

9 Results

Monday morning picked up right where yesterday left off, with BTC -1.63%  surging toward $50k, momentarily touching the key level across several exchanges. The rally appears to be driven by spot market demand, as evidenced by a significant spike in spot volume while funding rates remain muted (see chart below). A substantial portion of this volume is likely entering the market via spot ETFs chasing the positive weekend price action. Concurrently,...

U.S. equity indices are relatively flat today after shaking off hotter-than-expected PPI data (2.2% YoY actual vs. 1.6% expected), with the SPY declining 0.07% and the QQQ rising 0.23%. BTC -1.63%  (-2.72%) is on pace for its fourth consecutive negative day, falling to $26.7k. ETH -0.18%  is experiencing less of a decline, falling 0.76% to trade at $1,555. Immutable (IMX), a blockchain gaming platform, has announced a partnership with Amazon Web Services...

Cryptoassets and equities swapped roles today as the crypto market received a significant boost during Asian trading hours (more on this below). BTC -1.63%  reclaimed its position above $27k, while ETH -0.18%  made a strong push toward $1850. Among alts, the performance has been mixed. ETH scaling solutions ARB -6.71% , OP -1.46% , and IMX all experienced gains of over 2% during the day. Meanwhile, the native token of the decentralized GPU rendering platform, RNDR,...

Markets moved slightly higher this morning, with BTC -1.63%  and ETH -0.18%  up 0.08% and 0.49% and SPX and NDQ up 0.01% and 0.12% today. This move comes as the dollar (DXY) reverses, down 0.20% today. While most altcoins are flat or slightly down today, there are a couple of standouts. ImmutableX (IMX) is up 9.79% after the Ethereum gaming platform teased an announcement last night on Twitter, and LTC -3.42%  has also...