GMEX hat Pyctor von ING übernommen und will damit CeFi und DeFi miteinander verbinden, da die Nachfrage nach hybriden Finanzlösungen (HyFi) zunehme.
American video gaming platform GameStop launches NFT marketplace
Leading American video gaming platform, GameStop on Monday launched its first NFT marketplace duped GameStop NFT. The market provides users with the opportunity to buy, sell, and trade NFT collections.
According to the press release, the NFT marketplace will also enable users to connect their digital wallets including the GameStop Wallet that was recently released. With time, GameStop also plans to expand the functionalities of the NFT marketplace to include Web3 games.
Commenting about the newly launched NFT marketplace, GameStop said:
“The Company’s NFT marketplace is a non-custodial, Ethereum Layer 2-based marketplace that enables parties to truly own their digital assets, which are represented and secured on the blockchain. Over time, the marketplace will expand functionality to encompass additional categories such as Web3 gaming, more creators, and other Ethereum environments.”
Projects currently available on GameStop NFT
In the meantime, the GameStop marketplace houses a variety of projects built on Ethereum mainnet and Loopring, a layer-2 scaling solution.
In essence, the video gaming company is aiming to also become a significant player in the NFT gaming industry. Besides digitized artworks, NFTs have also found their way into the gaming arena where they exist as vital interactive elements that gamers can use within the games and also trade on NFT marketplaces.
GameStop also recently hinted at integrating Immutable X, which is an Ethereum-based platform used by some NFT games. This comes months after the two (GameStop and Immutable X) announced a $100 million grant incentive for NFT creators.
The NFT marketplace is a significant milestone for the company since it comes at a time when the company has been battling with the falling crypto market that has forced it to lay off workers and even fire its CFO.
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EZB über Terra-Crash: Stablecoins sind ein Risiko für Finanzstabilität
In einem aktuellen EZB-Bericht heißt es, dass Stablecoins in ihrer derzeitigen Form nicht als Zahlungsmittel geeignet seien.
Bericht von mehreren internationalen Organisationen: Zentralbanken werden zu Zusammenarbeit bei CBDCs aufgerufen
Bank für Internationalen Zahlungsausgleich, der internationale Währungsfond und die Weltbank sagen, dass CBDCs im Vorfeld gut ausgearbeitet sein müssen, um Probleme bei der Interoperabilität zu vermeiden.
GMX price has staged a slow recovery. Is it still a good buy?
The GMX price has been in a slow recovery as investors attempt to buy the dip. The token is trading at $21, which is the highest it has been since July 3rd of this year. It has jumped by more than 120% from the lowest level in June this year. GMX has a market cap of over $168 million.
What is GMX?
There are primarily two main types of cryptocurrency exchanges: centralized and decentralized platforms. In the past few years, the concept of decentralized exchanges has become so popular that analysts believe that they will soon overtake centralized exchanges like Coinbase and Binance.
GMX is a relatively small but fast-growing decentralized perpetual exchange that enables people to buy and sell crypto derivatives in just a few steps. Unlike centralized exchanges, you don’t need to register. Instead, all you need is to connect your wallet to its platform and start trading.
Read our review of the best crypto exchanges.
GMX makes it possible for people to use leverage to maximize their crypto investments. It also has substantially lower fees than other perpetual protocols. In addition to trading, one can easily swap coins in a few steps.
GMX uses two smart contracts that are all easily available to most users. Its main platform was built on Arbitrum, which is well-known for its low fees and high performance. It is also available on Avalanche. According to its website, GMX has helped to facilitate over $47 billion in trading volume from over 69k users.
GMX has two tokens: GMX and GLP. GMX, the main coin, is the utility token for the ecosystem. It accrues about 30% of the total fees earned from the ecosystem. Holders earn about 21% on both Arbitrum and Avalanche. On the other hand, GLP is the liquidity provider token for the network. It accrues about 70% of its fees.
GMX price prediction
The hourly chart shows that the GMX token price has been in a slow upward trend in the past few days. The coin has managed to move above the ascending trendline that is shown in blue. It is also hovering around the 25-period and 50-period moving averages.
A closer look shows that it has formed what looks like an ascending head and shoulders pattern. Therefore, we can’t rule out a situation where the GMX price makes a major pullback in the coming days. If this happens, the next key support level to watch will be at $18.
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