Despite bitcoin (BTC) starting the week lower, the leading cryptocurrency by market value has risen more than 13% in the seven days to Feb. 12, the biggest one-week gain since October. The CoinDesk 20 Index, a measure of the biggest cryptocurrencies, added 11%. Continued inflows into the U.S.-based spot BTC exchange-traded funds (ETFs) probably overshadowed reports of bankrupt crypto lender Genesis seeking approval to liquidate its $1.6 billion bitcoin holdings. Ether (ETH) was down almost 2% on Monday and bitcoin lost around 1%. The token of Immutable X (IMX), a layer-2 scaling solution on Ethereum that focuses on NFTs and gaming, jumped as much as 8% over the same period. IMX has gained 33% in seven days. At the end of January Immutable launched zkEVM early stage mainnet access. The ecosystem is supposed to help games thrive, offering gas-free interaction for gamers and smart contract compatibility.
Klarna Companions With Coinbase to Combine USDC Stablecoin Funding
Digital funds supplier Klarna expands monetary technique by partnering with Coinbase to make the most of USDC stablecoins for institutional...
