Author: NBTC

Wintermute integrates crypto liquidity into oneZero’s EcoSystem, expanding its reach in traditional finance (TradFi). The move allows banks and institutions to access over 350 crypto trading pairs with advanced features. According to the press release, Wintermute Asia Pte. Ltd, a subsidiary of global algorithmic trading firm Wintermute Group, has integrated its spot and CFD liquidity into oneZero’s EcoSystem. The integration allows oneZero’s network of banks and financial institutions to access liquidity for over 350 spot and CFD crypto trading pairs. This development comes as Wintermute reports a threefold increase in CFD trading volumes since launching the product in March. Evgeny…

On-chain data shows that the Bitcoin Market Value to Realized Value (MVRV) ratio is doing a retest that has historically been significant for BTC. Bitcoin MVRV Ratio Is Retesting Its 365-Day SMA Right Now As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin MVRV ratio is retesting a level that has acted as an important psychological level in the past. The “MVRV ratio” here refers to a popular on-chain indicator that, in short, compares the value that the investors are holding (that is, the market cap) against what they used to purchase the cryptocurrency (the realized cap).…

Ethereum co-founder Vitalik Buterin has joked about getting “canceled” on social media after speaking out about the importance of cleaning up indoor air. “Me, early 2024: hmm I haven’t been canceled for a while, maybe I should say something spicy and do another round… Me, Jul 2024: canceled for… trying not to get airborne diseases,” Buterin added. On Saturday, the Canadian programmer attached a photo of himself wearing a face mask on a plane next to an air quality monitor that shows elevated levels of CO2. He has clarified that modern planes typically have relatively clear air due to ventilation…

Today, enjoy the Lightspeed newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Lightspeed newsletter. Howdy! What a weekend, huh? Saturday was a “two beers at the neighborhood bar and be generally sad about US politics” kind of night. Now it’s Monday, which is a “wonder what the price of air is” kind of morning. Bear with me: SkyTrade’s air rights marketplace What if you could tokenize the air? The 500 feet above the highest point of a building generally belongs to the property owner. SkyTrade hopes to build a Solana-based marketplace that would…

In a dramatic week of trading, Notcoin has seen an astonishing 34% rise in value over the last 24 hours, capped by a 78% increase over the past seven days. These fluctuations follow the cryptocurrency’s recent inclusion on significant exchange platforms like Binance. The listing of Notcoin on Binance on May 16 sparked a significant increase in transaction volumes and active user addresses, showcasing the immediate market impact. This surge in activity highlights the cryptocurrency community’s quick reaction to new listings. The major exchange listing of #NOTCOIN led to an initial surge in transaction volumes and active addresses, but prices…

Decentralized exchanges (DEXs) saw a 15.7% quarter-on-quarter increase in spot trading volume, reaching $370.7 billion in Q2 2024. This growth contrasts with centralized exchanges (CEXs), which experienced a 12.2% decline, recording $3.4 trillion in volume. Uniswap maintained its dominance with a 48% market share among DEXs. Newcomers Thruster and Aerodrome made significant gains, with Thruster’s volume rising 464.4% to $6 billion and Aerodrome growing 297.4% to $5.9 billion. Image: CoinGecko “This shift can be attributed to the inherent advantages of DEXs, including privacy, complete transparency, and self-custody. In contrast, CEXs face challenges such as KYC requirements, high fees, and collapse…

On July 8, Justin Bons, the Founder and Chief Investment Officer of Cyber Capital, posted a detailed 38-part thread on the social media platform X (formerly known as Twitter), critiquing Bitcoin’s long-term security model. Bons argues that Bitcoin’s security model is fundamentally flawed and that it faces significant challenges in maintaining its security over the long term. Cyber Capital is an investment firm that specializes in cryptocurrencies and blockchain technology. Founded in 2016 and based in Amsterdam, Cyber Capital focuses on managing investment funds in the digital asset space. The firm aims to utilize its understanding of blockchain technology and…

Ethereum (ETH) is currently showing signs of recovery after a recent sell-off phase. This has led to a notable rebound, suggesting the potential for a continued uptrend. Over the past two months, Ethereum has outperformed Bitcoin (BTC), with analysts predicting a significant price increase in the coming days due to the anticipated launch of an Ethereum ETF. This event is expected to strengthen ETH against BTC, particularly given the bearish divergence on the BTC weekly chart. Despite the optimism, there is no clear timeline for the launch of the much-anticipated spot Ethereum ETF, causing confusion among issuers about the delay.…

In a significant move within the crypto landscape, a notable whale investor has sold a large portion of Dogwifhat (WIF) meme tokens. The transaction involved the sale of 539,558 WIF tokens at a rate of $3.7 each, culminating in a substantial financial gain. The sale fetched approximately 11,708 Solana (SOL), equating to roughly $2 million. This major transaction not only highlights the investor’s skillful navigation of the crypto market but also underscores the profound impact such moves can have on token valuation and investor sentiment. The timing of this sale is particularly noteworthy, following a 10% rise in the Open…

Upbit, South Korea’s largest cryptocurrency exchange, observed unusual trading volumes in several altcoins. Altcoins showing significant changes include Avalanche (AVAX), Astar (ASTR), Polkadot (DOT), 1inch (1INCH), and Kyber Network Crystal (KNC). On the 4-hour chart, Avalanche (AVAX) showed a 71.91% increase in trading volume on Upbit, with the 50 4-hour average volume rising from $48,000 to $82,000. On Binance, trading volume increased by 42.44%, from an average of $328,000 to $467,000. Astar (ASTR) showed a significant increase on the 1-hour chart on Upbit, with the 1-hour average of 50 1-hour volumes rising 170.67% from $2 million to nearly $5 million.…