Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you by Capital.com Australia (AFSL 513393), a multi-award winning global investment trading platform.

Morning, Coinheads.

Bitcoin has taken a tumble. The cryptocurrency was down to $36,541.16 at 7.30am, a drop of 2.69% over the last 24 hours. Looking to buy on the dip? Now might be your chance. Or not.

This is not financial advice. 

Gamestop (ASX:GME) is back and the apes on Wall Street Bets must be stoked. The video game company is partnering with Ethereum token, Immutable X  to power an NFT marketplace that is expected to launch later this year. And SafeMoon hit one million wallet downloads last month.

The $320 million hack on Wormhole sends Solana into a spiral, exchanges give Pi coin the cold shoulder, and Axie Infinity investors are having a fire sale.

Meanwhile, Doge may be looking bearish now, but could it be a powerful long-term bet?

Let’s find out.

GME soars on NFT marketplace deal with Immutable X

Cryptocurrencies and video games take a step closer as GameStop (GME) enters a partnership with Immutable X over non-fungible tokens (NFTs),  sending GME stock soaring in morning trading.

SafeMoon price prediction: One million wallet downloads

The polarising SafeMoon (SFM) is a decentralised finance (DeFi) token created in March 2021. SafeMoon also offers a wallet which includes multi-chain storage, fiat on-ramp integration, a contacts list and reflections tracker.

Pi Network: is Pi coin coming to market?

Users or “Pioneers” still on the lookout for how they might trade their Pi coin are going to have to sit tight as there is still no imminent prospect of a listing.

SLP coin price prediction: Can it halt the slide?

Coin of the gaming metaverse, Axie Infinity (SLP) continues its long decline, hitting a new all-time low of $0.00896 on February 2, nearly 98% off its all-time high last May.

Dogecoin price prediction: Is it set for a new rally?

DOGE, the canine orientated meme coin, is struggling to hold its value with a 30% drop from its 2022 high to today’s (23 February) price of $0.1363. But hold your horses, because according to Price Prediction, this might be one worth holding onto.

UK crypto news: SOL dips following $320m hacker attack

The price of Solana (SOL) tumbled Thursday after hackers attacked Wormhole, a bridge between the Solana and Ethereum networks, and stole more than 120,000 wrapped Ether (wETH) worth around $320m.

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