Gamestop Stock News

GME stock is changing as the company is pivoting into NFTs, but that still doesn''t actually make GameStop worth your time or money.

NYSE:GME usually sees its stock pop after good news, but on Monday shares remain unchanged. This could be yet another sign that the meme stock movemen

American video game retailer GameStop Corp. (NYSE: GME ) cashed out $47 million worth of Immutable X (CRYPTO: IMX) tokens shortly after announcing it had partnered with the blockchain platform for its upcoming NFT marketplace. What Happened: On February 3, GameStop said it had partnered with Ethereum (CRYPTO: ETH ) Layer 2 solution Immutable X for its new NFT marketplace. Following the news, Immutable Xs native crypto token IMX rallied by 47% to a high of $4.13 over a 24-hour period. According to on-chain data shared by Twitter user polka, GameStop immediately Full story available on Benzinga.com

The 27-year-old Californian often spends his evenings, coffee in hand, researching a topic that has captivated hordes of individual investors online: an alleged Wall Street conspiracy to suppress the price of GameStop shares.

One of the leading non-fungible token (NFT) scaling platforms, Australian blockchain startup Immutable X, has partnered with retail game giant GameStop to create its new NFT marketplace, as well as a US$100 million fund to support innovation in the NFT space and its creators.

GameStop has dumped 15 million IMX tokens it received as part of a partnership deal with Immutable, likely causing the token''s slump in price.

Here''s why hedge fund management firm Melvin Capital picked the wrong stock to bet against in 2021.

The post Gamestop builds the NFT marketplace appeared on BitcoinEthereumNews.com . In a public announcement on Thursday, 3 February, GameStop revealed that it has entered into a partnership agreement with Immutable X to create a new NFT marketplace. A $100 million

A handful of newly launched projects and todays GameStop partnership announcement catalyzed a strong rebound in IMX price.

Immutable X (IMX) price soars after GameStop partnership and new project launches

GameStop and Immutable X Pty Limited joined forces to create a non-fungible token marketplace.

The video game retailer''s choice of NFT partners is the latest test of faith for Ryan Cohen''s devoted followers.

The world’s largest retail gaming and trade-in destination, GameStop, has planned to launch its own forum for non-fungible tokens (NFT) and is co-initiating an “up to $100 million” repository for game developers using it. Gamestop has collaborated with Immutable X, an Ethereum Layer 2 network developer for this launch. The company’s announcement came on Thursday, […]

As the flawed arguments behind the bull case for GameStop continue to crumble, expect lower prices ahead for GME stock. Avoid this name.