Trading activity in the crypto market has picked up this week, with the global cryptocurrency market cap rising by 2% over the past seven days.

Several gaming companies with over $1 billion in valuation are now actively considering token launches, according to Immutable co-founder Robbie Ferguson. In a Feb.

Institutional and accredited investors will be able to take advantage of the private vehicle in the "blockchain interoperability" category.

Axelar is a Web3 interoperability network that lets developers tokenize real-world assets.

Canary Capital has launched the Canary AXL Trust for institutional investors to gain exposure to the Axelar native token, AXL, which jumped 12.5% after the news.

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.

Bitcoin and the rest of the crypto market took a turn for the worse over the weekend in price drops that have largely been blamed on Trump's promised tariffs. I overheard a handful of X Spaces hosts sound the alarms about it on Monday, acting as though the bull market was over.

Altcoins like Floki, AAVE, Jasmy, and ApeCoin are seeing increased whale activity as volatility in the crypto industry rises. Floki (FLOKI), a popular meme coin, saw its whale activity increase by 286% in the last seven days.

ImmutableX (IMX), the native token of the Immutable blockchain, is showing signs of a significant upside rally, despite prevailing bearish market conditions. Recently, IMX reached a crucial support level at $1.05, which has historically acted as a springboard for upward momentum.

Amid the bearish market sentiment, Immutable's native token, IMX, has reached a crucial support level of $1.05 and is poised for a significant upside rally. According to IMX's daily chart, this support level has always been favorable for the altcoin, often triggering upward momentum.

Bitcoin (BTC) has recovered from its recent slump, which saw the price drop to an intraday low of $101,441 late on Thursday. The flagship cryptocurrency has registered an increase of nearly 3% over the past 24 hours and is currently trading around $104,612, with bulls looking to push it beyond $105,000.

Altcoins display bullish strength as Bitcoin trades around the $100K zone. Immutable (IMX) appears poised for significant gains with its prevailing post-breakout actions. Crypto analyst JAVON MARKS believes IMX bulls will target $4.91 amid magnified bullish sentiments. That will mean an approximately 255% surge from Immutable's current price. IMX targets robust gains past $4.

EverReach Labs' REVENGE, an innovative co-op PvE shooter, partners with Immutable (IMX) to enhance player-spectator interaction and secure asset ownership, marking a new era in gaming.

AXL's recent price slump shows no signs of easing, with on-chain metrics hinting at more pain ahead for the crypto asset. Axelar, a programmable blockchain interoperability platform with the ticker AXL, fell for three straight days to $0.

The Block's GMCI indices for memecoins and AI tokens ended 2024 as the largest gainers, while gaming and Layer 2 tokens lost value overall.

Bitcoin (BTC) looks set to end 2024 below the $100,000 mark unless a major bump in price occurs before the year ends. The cryptocurrency spent most of the weekend hovering just above $95,000.

ImmutableX (IMX) has emerged as a prominent solution in the world of NFTs, offering a layer-2 scalability protocol built on Ethereum to improve transaction efficiency and reduce costs. By addressing key limitations such as high gas fees and slow transaction speeds, ImmutableX provides a platform for NFT creators, developers, and marketplaces to thrive.

Story Highlights The live price of the IMX token is The ImmutableX price could hit $3.27 in 2025. With a potential surge, the IMX price could reach $9.77 by 2030. A plethora of virtual currencies and protocols can be found in the ever-changing crypto space.

The cryptocurrency market faces another week of token unlocks, with releases valued at more than $513 million scheduled between December 23 and December 30. Immutable (IMX) leads the cliff unlocks with a release worth $32.36 million, while Worldcoin (WLD) continues to dominate the linear unlocks at $81.53 million.

As the crypto industry experiences lower volumes, here are our top cryptocurrencies to watch this week: HYPE, Horizen and IMX.

King Arthur: Legends Rise arrives on Immutable (IMX), offering players the chance to earn instant Gems. Explore the epic RPG adventure and engage with legendary heroes in this captivating Web3 gaming experience.

Ape Terminal, the platform to have emerged as Web3's most liquid primary market - connected to over $1.7 billion worth of assets and 500,000+ active accounts, growing at over 4,000 active users per day, is all set to host its next big launch, EARN'M.

Arena of Faith, a web3 MOBA game, launches its Arena of Faith Quest on Immutable (IMX), offering players the chance to earn Gems and other rewards through engaging gameplay.

According to data from CoinMarketCap, XRP has a maximum supply of 100 billion tokens, with approximately 57 billion XRP circulating.

The next few days and weeks could be key for APE's price action.

In a recent YouTube video, crypto analyst Crypto Banter revealed top altcoins that could soar up to 50x during this market rally. As excitement builds in the crypto space, these coins are drawing massive attention from investors eager for big gains.

Immutable (IMX) has signed more games in 2024 than all previous years combined, solidifying its leadership in web3 gaming with over 250 new titles onboarded.

Chess Universe introduces Play-to-Earn mechanics on Immutable (IMX), offering players exclusive rewards and web3 ownership. Discover interactive lessons, NFTs, and more in this innovative chess platform.

Gaming protocol Immutable has advanced its lead in the market with a record game app onboarding.

Get ready for the Wise Monkey (MONKY) airdrop! If you hold FLOKI, TOKEN, or APE tokens, you could receive free MONKY tokens.

Immutable (IMX) introduces 'Perpetual Rewards' with RavenQuest, enhancing the utility of gems and rewarding consistent player engagement starting January 2025.

Immutable (IMX) introduces a continuous reward system called Gems, aiming to enhance player engagement in Web3 gaming with perpetual rewards and evolving quests.

ApeCoin has broken out of its descending triangle pattern with an RSI of 65.94 and trades at $1.86, showing bullish technical signals despite mixed on-chain metrics and declining address activity.

On-chain data reflects mixed signals as traders cautiously navigate APE's evolving market dynamics.

Pudgy Penguins surpassed the phenomenal Bored Ape Yacht on Ethereum price for the first time. This surged amid the NFT's native token, which would be released in the short term.

XRP's price action over the next few days and weeks will be pretty key.

Bitcoin (BTC) has achieved its biggest milestone yet, surpassing the storied $100,000 mark, as bullish sentiment increased substantially over the past 24 hours. The cryptocurrency beat analyst predictions of an insurmountable sell wall at $100,000 to smash past the level and move to its current $102,964.

Immutable (IMX) and Yield Guild Games (YGG) unite to enhance Web3 gaming, committing $1 million to player rewards. This collaboration aims to foster community-driven engagement and expand gaming opportunities.

APE's breakout to $1.86 signals bullish momentum, with key resistance at $2.30 ahead.

Yuga Labs acquires Tokenproof's tech team, reshaping the NFT landscape and boosting ApeCoin (APE) performance. Will APE surpass its $2.16 ATH?

ApeCoin price rose for eight consecutive days, reaching a high of $2.166, its highest level since March 2024.

The MONKY airdrop has created a buzz among FLOKI and APE communities, presenting an opportunity to increase visibility for these tokens.

Binance has unveiled its support for the Wise Monkey (MONKY) airdrop, bringing rewards to FLOKI and ApeCoin (APE) holders. Eligible users will receive MONKY tokens directly in their wallets, calculated based on token holdings.

Binance has revealed plans to support the upcoming Wise Monkey airdrop, which looks to reward holders of ApeCoin and Floki.

Binance has announced its support for the highly anticipated Wise Monkey (MONKY) airdrop, which aims to reward FLOKI and ApeCoin (APE) holders with MONKY tokens. This airdrop reflects Binance's commitment to rewarding loyal communities while supporting new projects in the crypto space.

Top cryptocurrencies to watch this week include XRP, APE and ALGO; Bitcoin, meanwhile, rebounds to $97,000.

Bitcoin (BTC) inched above $96,000 and reached an intraday high of $96,760 before declining to its current level of $96,300. Investors are eying the $100,000 level as the Thanksgiving holiday rolls in.

Tomorrow, Immutable X (IMX) will unlock about 24.52 million IMX tokens, which constitutes approximately 1.47% of the circulating supply and is valued at around $41.68 million. This token unlock is part of a planned tokenomics strategy designed to foster the growth of the Immutable ecosystem.