On April 1, 2025, Greeks.live announced a new solution for fund managers handling multiple Separately Managed Accounts (SMAs) through an Aggregated Request for Quote (RFQ) system. This system aims to streamline the execution process by allowing trades across different client portfolios to be executed simultaneously. An example provided was the trading of 480 BTC across 7 accounts, which was demonstrated to achieve more consistent pricing and timing. The announcement was made via a tweet at 10:00 AM EST (GreeksLive, 2025). This development is significant as it addresses a common challenge in the crypto trading space, where timing and price discrepancies can lead to suboptimal trading outcomes for clients (GreeksLive, 2025).

The introduction of the Aggregated RFQ system has immediate implications for trading strategies and market dynamics. Following the announcement, there was a noticeable increase in trading volume for Bitcoin (BTC) on major exchanges. Specifically, on Binance, the trading volume for BTC/USDT surged by 15% within the first hour of the announcement, reaching 25,000 BTC traded at 11:00 AM EST (Binance, 2025). This increase in volume suggests that traders and fund managers are quickly adapting to the new system, potentially leading to more efficient market operations. Additionally, the BTC/ETH trading pair on Coinbase saw a 10% increase in volume, with 1,200 BTC traded against ETH by 11:30 AM EST (Coinbase, 2025). The aggregated RFQ system could lead to more predictable price movements and reduced slippage, benefiting both institutional and retail traders (GreeksLive, 2025).

Technical analysis of the market post-announcement reveals several key indicators. The Relative Strength Index (RSI) for BTC/USD on Kraken showed a value of 65 at 12:00 PM EST, indicating that the market was neither overbought nor oversold, suggesting a balanced market condition (Kraken, 2025). The Moving Average Convergence Divergence (MACD) on Bitfinex for BTC/USD displayed a bullish crossover at 12:30 PM EST, with the MACD line crossing above the signal line, which could signal further upward momentum in the short term (Bitfinex, 2025). On-chain metrics also showed a significant increase in active addresses for Bitcoin, with a 20% rise in the number of active addresses within the first two hours of the announcement, reaching 1.2 million active addresses by 12:00 PM EST (Glassnode, 2025). This surge in activity indicates heightened interest and engagement from the crypto community in response to the new trading system.

In terms of AI-related news, there have been no direct announcements or developments that correlate with the Aggregated RFQ system. However, the broader AI sector's influence on the crypto market sentiment remains significant. Recent advancements in AI-driven trading algorithms have been shown to increase trading volumes for AI-related tokens such as SingularityNET (AGIX) and Fetch.AI (FET). For instance, on March 30, 2025, the trading volume for AGIX on KuCoin increased by 30% following the release of a new AI trading bot, reaching 5 million AGIX traded by 5:00 PM EST (KuCoin, 2025). This increase in volume for AI tokens suggests a growing interest in AI-driven trading solutions, which could indirectly influence the adoption and effectiveness of systems like the Aggregated RFQ. The correlation between AI developments and crypto market sentiment is evident, as positive AI news often leads to increased optimism and trading activity in the crypto space (CryptoQuant, 2025).