Author: NBTC

OKX, a leading Web3 technology company, announced the integration of Compound v3 (Arbitrum) – ETH into its On-chain Earn platform. This latest update, effective from 13:00 UTC on July 15, 2024, marks a pivotal step in simplifying access to on-chain rewards. The initiative is part of OKX’s ongoing efforts to enhance user engagement by providing simplified, lucrative DeFi investment opportunities. Compound v3, specifically running on the Arbitrum network, represents an evolution in providing users with more efficient and flexible ways to earn on their cryptocurrency holdings. By eliminating subscription limits and streamlining operational steps, OKX aims to deliver a more…

Veteran trader Peter Brandt has raised the possibility of Bitcoin dropping to as low as $44,000. He predicted this could happen based on a technical indicator that paints a bearish outlook for the flagship crypto. Why Bitcoin Could Drop To $44,000 Brandt predicted in an X (formerly Twitter) post that Bitcoin could drop to as low as $44,000 if the flagship crypto has completed a double top. A double top is a bearish pattern that indicates that BTC could witness a severe reversal to the downside, having hit two consecutive peaks and a moderate decline between them. Based on Brandt’s…

Gods Unchained Cards led CryptoSlam’s NFT sales board on Tuesday, with US$930,439. The Immutable-based collection saw an influx of 7833 transactions. This surge in sales has significantly impacted Gods Unchained’s all-time sales volume, which now sits at the 16th spot, behind Bored Ape Kennel Club. In second place, Ethereum-based Autoglyphs recorded a total of US$858,764.77 in sales with only four transactions. The third-ranking collection for the day, Bored Ape Yacht Club, saw a total of US$586,444 in sales. The Ethereum-based collection now has an all-time sales volume of US$3.17 billion, which is second in the industry. It trails the all-time…

Justin Sun, a well-known entrepreneur and the founder of Tron, has recently made another significant move concerning $ETH. As per the popular on-chain analytics provider Spot On Chain, Justin Sun allegedly redeemed up to 14,436 $ETH from the famous crypto exchange Binance. The analytics platform took to its official social media account to provide insights into this development. 9 hours ago, Justin Sun allegedly withdrew 14,436 $ETH (~$45.5M) from #Binance.3 days ago, he deposited 45M $USDT to the CEX; therefore, this time’s purchasing price was ~$3,117.Overall, since Feb 8, he might have bought 377,188 $ETH at ~$3.049 via 3 wallets…

Several factors are driving today’s 11% surge in the price of Shiba Inu, including the anticipated SHIB ETF and a heightened increase in trading activity. Shiba Inu is enjoying a remarkable year, with its value reaching levels similar to those seen in early April. Over the last 24 hours, it has surged by 11%, contributing to an overall increase of 7% over the past week. As of press time, SHIB is trading at $0.00002881. Admittedly, there are numerous factors contributing to today’s surge in SHIB’s value. A key event catching the eye of the crypto community involves whales executing substantial…

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…