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Bank shares rose on Tuesday, injecting some much needed vitality into the broader market as all three major indexes closed higher on the back of the previous day's rally. The broader cryptocurrency market seems to be following suit, with Bitcoin and Ether up by 1.02% and 2.89% respectively in the past 24 hours as of the time of writing. The hot token for today is GMX, which has gained 3.05% in the past 24 hours.
GMX (GMX) is a decentralized spot and perpetual trading crypto exchange that is live on the Arbitrum and Avalanche networks. Users typically experience low swap fees and zero price impact trades as they capitalize on leverage trading and market making opportunities. GMX recently announced their collaboration with Bybit to celebrate the launch of ARB, and reward users for their support. Find out more on ways to benefit as a GMX user here!
Check Out the Latest Prices, Charts, and Data of GMX/USDT!
It appears Sony is taking a leap forward in its path to Web3 integration and blockchain technology, as it is revealed that the electronics giant has filed multiple patent applications related to non-fungible tokens (NFT). The recent patent filed by Sony hints at their goal of enabling players to seamlessly own and exchange NFT assets across multiple platforms. This is indeed an exciting step forward for the future of gaming.
Check out what else is buzzing in the crypto scene today:
ARK Invest Sells $13.5M Coinbase Shares After Steady Buying Streak (Link)
US Senator Ted Cruz tries again with new bill to block CBDC (Link)