SoSo Daily Apr 3 | SoSoValue has launched an API open platform, offering the first batch of users a limited-time free experience.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is PumpBTC. As of 11:50 today, its market cap is 13.68M, with a coin price of 0.048000 USD, witnessing a 24-hour increase of 380%.
The second is bAI Fund. As of 11:50 today, its coin price is 0.0049400 USD, with a 24-hour increase of 349%.
The third is Amnis Finance. As of 11:50 today, its coin price is 0.071690 USD, showing a 24-hour increase of 32%.
In fourth place is tomiNet. As of 11:50 today, its coin price is 0.0034340 USD, with a 24-hour rise of 27.4%.
In fifth place is LUCE. As of 11:50 today, its coin price is 0.011890 USD, increasing by 24.4% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

Odaily Planet Daily reports that the AI-driven asset management and investment research platform SoSoValue has officially launched its API open platform. Based on the current open interfaces, developers and institutional users can directly access the ETF data dashboard and crypto AI news sources through the SoSoValue API. In the future, more features such as richer token details and AI research reports will be supported.

Currently, Bybit has taken the lead in completing a deep integration of the SoSoValue API, successfully applying the real-time data interface to the functional upgrade of its AI investment assistant, Lens. By integrating the SoSoValue API, Bybit has not only significantly enhanced the comprehensiveness of asset data coverage and the accuracy of market analysis on its platform, but has also achieved comprehensive capture of key market factors such as real-time price fluctuations, depth market data, industry news dynamics, and investment and financing information, providing its platform users with more comprehensive market information and more precise investment decision-making support. In terms of data service upgrades, SafePal has implemented real-time market and information push through the integration of the Feeds API, while BSCN has built a structured data analysis framework for digital currency ETFs based on the ETF API, supporting more precise asset analysis and market trend tracking to meet the diverse needs of users and institutions in the crypto market.

The SoSoValue API open platform will officially open for applications at 18:00 Beijing time on April 3rd, with the first 1,000 applicants able to use it for free. Slots are limited and will be allocated on a first-come, first-served basis.

Next news:

According to Wu, it has been reported that a large whale unstaked and deposited 71,448 SOL (worth 8.54 million USD) into Binance 20 minutes ago, as monitored by Lookonchain. This whale still has 568,000 SOL (worth 68 million USD) staked.

Next news:The U.S. House Financial Services Committee has voted to pass a bill titled "Stablecoin Transparency and Accountability for a Better Ledger Economy," aimed at regulating stablecoins. The bill, introduced by House Financial Services Committee Chairman French Hill and Congressman Bryan Steil, requires stablecoins to have one-to-one reserves and capital requirements while complying with anti-money laundering standards. Following the bill's passage, foreign issuers like Tether will need to adhere to U.S. regulatory frameworks within two years. Both the Senate and the House must reach a consensus on their respective bills. The Senate's version is called the "U.S. Stablecoin National Innovation and Establishment Act" (GENIUS Act), which prohibits foreign issuers from issuing stablecoins in the U.S. but allows for their circulation in the secondary market within the country. The passage of the bill faces challenges due to controversies surrounding the Trump family's relationship with cryptocurrency. House Financial Services Committee Democratic leader Maxine Waters opposes the bill, arguing that it benefits Trump and his associates. Coinbase CEO Brian Armstrong stated that the government should not favor any particular industry. Dante Disparte, Chief Strategy Officer at Circle, supports the bill, believing that the U.S. should provide a clear path for payment stablecoins referencing the dollar to enter the regulatory scope.
Next news:

According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 220.76M USD yesterday (Eastern Time, April 2th).

The Bitcoin Spot ETF with the highest net inflow yesterday was Ark Invest and 21Shares's ETF ARKB, with a daily net inflow of 130.15M USD, and the total historical net inflow of ARKB currently stands at 2.65B USD.

The second highest was Fidelity's ETF FBTC, with a daily net inflow of 118.79M USD, and the total historical net inflow of FBTC currently stands at 11.50B USD.

The Bitcoin Spot ETF with the highest net outflow yesterday was BlackRock's ETF IBIT, with a daily net outflow of 115.87M USD, and the total historical net inflow of IBIT currently stands at 39.85B USD.

As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 97.35B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 5.73%. The historical cumulative net inflow has reached 36.24B USD.

Source: https://sosovalue.com/zh/assets/etf/us-btc-spot

Next news:

According to official announcements, Binance Wallet will launch the StakeStone TGE. The investment period is from April 3, 08:00 - 08:30 (UTC).

Next news:Trump is set to announce large-scale tariffs, including reciprocal tariffs, which could have a significant impact on the market. Bitcoin has fallen about 4% over the past week, primarily influenced by unfavorable PCE data and the tariff announcement. Goldman Sachs predicts that Trump will announce an average reciprocal tariff of 15%, leading to increased defensive positioning among CME traders and a decrease in futures premiums. Analysts expect the tariff announcement to cause market volatility, especially given the high correlation between Bitcoin and stocks. Meanwhile, the development of the U.S. strategic Bitcoin reserve has been overlooked, with federal agencies required to submit reports by April 5 detailing their authority to transfer digital assets. Trump has signed an executive order to create a U.S. strategic Bitcoin reserve, which is expected to impact the market.
Next news:

According to Wu, Suji Yan, the founder of Mask Network, tweeted that the team has noticed the sudden drop in the price of the Mask token and is currently gathering more information and details. A solution will be announced within 1-2 days. Mask Network and its ecosystem focus on long-term development and will continue to operate for many years.

Next news:Bitcoin and other major cryptocurrencies fell after President Trump imposed tariffs on global trade partners, leading to a decline in risk assets. Bitcoin dropped by 4% to around $82,000 at one point, before recovering some of its losses. Other tokens such as Ethereum and XRP also experienced declines, with Solana dropping over 9% at one point.
Next news:

According to Wu, Spot On Chain monitoring has revealed that the Lazarus Group (North Korean hackers) sold 40.78 WBTC today (approximately 3.51 million USD), realizing a profit of 2.51 million USD (+251%). They purchased WBTC for approximately 999 thousand USD at a price of around 24,521 USD in February 2023 and sold it 12 hours ago for about 86,170 USD at a price of 1,857 ETH. The hackers then distributed these Ethereum across 3 wallets.

Next news:

Kaspersky Lab recently discovered a large number of counterfeit Android phones pre-installed with malicious software being sold online at low prices. These devices are infected with the Triada Trojan virus, which can steal cryptocurrency and other sensitive data. Kaspersky expert Dmitry Kalinin stated that attackers have successfully transferred about 270 thousand USD in various cryptocurrencies by replacing wallet addresses, and the actual losses may be higher, as attackers have also targeted the privacy coin Monero. Currently, 2,600 infection cases have been confirmed, mainly concentrated in Russia. (Cointelegraph)

Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.