Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM Hong Kong time on September 14, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.19 trillion US dollars, witnessing a decrease of 0.952% compared to yesterday; the total trading volume is 59.40 billion US dollars, marking a decline of 21.4% from the previous day.
According to sosovalue, the price of BTC is 59,877 USD, an increase of 0.491% from yesterday. The market cap of BTC is 1.18 trillion USD, accounting for 54.1% of the total market cap; BTC's 24-hour trading volume is 22.04 billion USD, making up 37.1% of the total trading volume.
The price of ETH is 2,414.3 USD, up 0.158% from yesterday; the market cap of ETH is 290.53 billion USD, representing 13.3% of the total market cap; ETH's 24-hour trading volume is 9.54 billion USD, comprising 16.1% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 67.4% of the total cryptocurrency market cap, and their combined trading volumes constitute 53.2% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 17:55 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is BarnBridge (BOND). As of 17:55 today, its market cap is 20.89M, with a coin price of 2.1520 USD, witnessing a 24-hour increase of 44.4%.
The second is Morpheus Network (MNW). As of 17:55 today, its coin price is 0.56210 USD, with a 24-hour increase of 34.6%.
The third is WAGMI Games (WAGMIGAMES). As of 17:55 today, its coin price is 0.0000069940 USD, showing a 24-hour increase of 26.8%.
In fourth place is GameGPT (DUEL). As of 17:55 today, its coin price is 0.0033640 USD, with a 24-hour rise of 22%.
In fifth place is SWFTCOIN (SWFTC). As of 17:55 today, its coin price is 0.0035200 USD, increasing by 22% over the last 24 hours.
Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, 5 are up and 11 are down. Notably, the Payment and RWA sectors are worth mentioning.
The Payment sector has risen 2.69% relative to the UTC 0 time, led by gains in COTI (8.27%), XRP (4.07%), and LTC (2.88%).
The RWA sector has decreased -2.11% relative to UTC 0, with NXRA (-5.91%), OM (-5.49%), and TRVL (-3.63%) leading the drop.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to SoSoValue, as of September 13th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $263.07M.
Yesterday, Grayscale's ETF GBTC had a net inflow of $6.66M, bringing GBTC's total historical net outflow to $20.04B.
Grayscale Bitcoin Mini Trust ETF BTC had a net outflow of $ 0.00 ，bringing Grayscale Bitcoin Mini Trust ETF BTC's total historical net inflow to $379.77M.
The Bitcoin spot ETF with the highest net inflow for the day was Fidelity's ETF FBTC, with a daily net inflow of $102.09M, with FBTC's total historical net inflow reaching $9.64B.
Following that, Ark Invest and 21Shares's ETF ARKB had a daily net inflow of $99.27M, with ARKB's total historical net inflow reaching $2.35B.
As of this writing, the total net asset value of Bitcoin spot ETFs stands at $54.31B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.59%. The historical cumulative net inflow has reached $17.30B.
Source: https://sosovalue.com/assets/etf
Next news:The likelihood of a 50 basis point rate cut by the Federal Reserve next week has increased to 45% following a decent jobs report and faster-than-expected inflation data. This shift in expectations suggests that the U.S. central bank might start its monetary easing cycle more aggressively than previously anticipated.
Next news:According to SoSoValue data, Wu learned that yesterday (September 13th, Eastern Time), the total net inflow of Ethereum spot ETF was 1.52 million US dollars. Grayscale Ethereum Trust ETF ETHE had a net outflow of 7.36 million US dollars yesterday, with a historical net outflow of 2.72 billion US dollars. The Ethereum spot ETF with the highest net inflow yesterday was Bitwise ETF ETHW, with a net inflow of 5.21 million US dollars. Following that was BlackRock ETF ETHA, with a net inflow of 3.67 million US dollars yesterday, and a total historical net inflow of 1.03 billion US dollars for ETHA.
Next news:Foresight News reported that Jeremy Allaire, co-founder and CEO of Circle, announced that Circle will relocate its global headquarters to New York City and build a flagship space on the top floor of One World Trade Center, planning to open the new headquarters to the world in early 2025. He also stated that 2024 is a turning point for cryptocurrencies, with stablecoins truly breaking through in scale, importance, and usage in that year, and 2025 will be the year when this concept becomes mainstream.
Next news:Ethereum Foundation researcher Danny Ryan is stepping away from the Ethereum ecosystem after seven years of contributions. He cites personal reasons and the desire for new opportunities as his reasons for leaving, emphasizing that his departure is not due to any negative aspects of Ethereum or its core development. Ryan played a crucial role in Ethereum's transition to a proof-of-stake system, known as The Merge, and was instrumental in launching the Beacon Chain in 2021. Ether, the native token of Ethereum, remains the second-largest cryptocurrency by market capitalization.
Next news:Former FTX CEO Sam Bankman-Fried has filed an appeal for a retrial. His lawyer accuses Judge Lewis Kaplan of showing bias during the trial and preventing the submission of crucial evidence. SBF was previously convicted of defrauding FTX clients and investors and sentenced to 25 years. The appeal argues that the issue of insolvency for FTX and Alameda in the case was misunderstood and was, in fact, a liquidity crisis. FTX assets have recovered as much as $16.30 billion. (TheBlock)
Next news:Wu learned from Whale Alert monitoring that 3 hours ago, 8,951,949 USDT were frozen in a certain address (0x290b6ebb...EEA23052E3) on the Ethereum mainnet.
Next news:According to Cointelegraph, the political advocacy group Stand With Crypto, led by Coinbase, has launched a legal defense fund for NFT projects. The fund, named the 'Creator Legal Defense Fund,' is worth 6 million dollars and is supported by the venture capital firm a16z and the NFT marketplace OpenSea. According to information on the Stand With Crypto website, the fund has also received support from law firms such as Fenwick & West LLP, Goodwin Procter LLP, and Latham & Watkins LLP.
Next news:Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider
Next news:Sam Bankman-Fried, the founder of FTX, is appealing his fraud conviction and requesting a new trial. He is currently six months into a 25-year prison sentence.
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.
Let's turn our attention to today's overall Crypto market situation.
As of 5:59 PM Hong Kong time on September 14, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.19 trillion US dollars, witnessing a decrease of 0.952% compared to yesterday; the total trading volume is 59.40 billion US dollars, marking a decline of 21.4% from the previous day.
According to sosovalue, the price of BTC is 59,877 USD, an increase of 0.491% from yesterday. The market cap of BTC is 1.18 trillion USD, accounting for 54.1% of the total market cap; BTC's 24-hour trading volume is 22.04 billion USD, making up 37.1% of the total trading volume.
The price of ETH is 2,414.3 USD, up 0.158% from yesterday; the market cap of ETH is 290.53 billion USD, representing 13.3% of the total market cap; ETH's 24-hour trading volume is 9.54 billion USD, comprising 16.1% of the total trading volume.
The combined market capitalization of BTC and ETH accounts for 67.4% of the total cryptocurrency market cap, and their combined trading volumes constitute 53.2% of the total trading volume.
After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 17:55 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is BarnBridge (BOND). As of 17:55 today, its market cap is 20.89M, with a coin price of 2.1520 USD, witnessing a 24-hour increase of 44.4%.
The second is Morpheus Network (MNW). As of 17:55 today, its coin price is 0.56210 USD, with a 24-hour increase of 34.6%.
The third is WAGMI Games (WAGMIGAMES). As of 17:55 today, its coin price is 0.0000069940 USD, showing a 24-hour increase of 26.8%.
In fourth place is GameGPT (DUEL). As of 17:55 today, its coin price is 0.0033640 USD, with a 24-hour rise of 22%.
In fifth place is SWFTCOIN (SWFTC). As of 17:55 today, its coin price is 0.0035200 USD, increasing by 22% over the last 24 hours.
Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, 5 are up and 11 are down. Notably, the Payment and RWA sectors are worth mentioning.
The Payment sector has risen 2.69% relative to the UTC 0 time, led by gains in COTI (8.27%), XRP (4.07%), and LTC (2.88%).
The RWA sector has decreased -2.11% relative to UTC 0, with NXRA (-5.91%), OM (-5.49%), and TRVL (-3.63%) leading the drop.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to SoSoValue, as of September 13th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $263.07M.
Yesterday, Grayscale's ETF GBTC had a net inflow of $6.66M, bringing GBTC's total historical net outflow to $20.04B.
Grayscale Bitcoin Mini Trust ETF BTC had a net outflow of $ 0.00 ，bringing Grayscale Bitcoin Mini Trust ETF BTC's total historical net inflow to $379.77M.
The Bitcoin spot ETF with the highest net inflow for the day was Fidelity's ETF FBTC, with a daily net inflow of $102.09M, with FBTC's total historical net inflow reaching $9.64B.
Following that, Ark Invest and 21Shares's ETF ARKB had a daily net inflow of $99.27M, with ARKB's total historical net inflow reaching $2.35B.
As of this writing, the total net asset value of Bitcoin spot ETFs stands at $54.31B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.59%. The historical cumulative net inflow has reached $17.30B.
Source: https://sosovalue.com/assets/etf
Next news:The likelihood of a 50 basis point rate cut by the Federal Reserve next week has increased to 45% following a decent jobs report and faster-than-expected inflation data. This shift in expectations suggests that the U.S. central bank might start its monetary easing cycle more aggressively than previously anticipated.
Next news:According to SoSoValue data, Wu learned that yesterday (September 13th, Eastern Time), the total net inflow of Ethereum spot ETF was 1.52 million US dollars. Grayscale Ethereum Trust ETF ETHE had a net outflow of 7.36 million US dollars yesterday, with a historical net outflow of 2.72 billion US dollars. The Ethereum spot ETF with the highest net inflow yesterday was Bitwise ETF ETHW, with a net inflow of 5.21 million US dollars. Following that was BlackRock ETF ETHA, with a net inflow of 3.67 million US dollars yesterday, and a total historical net inflow of 1.03 billion US dollars for ETHA.
Next news:Foresight News reported that Jeremy Allaire, co-founder and CEO of Circle, announced that Circle will relocate its global headquarters to New York City and build a flagship space on the top floor of One World Trade Center, planning to open the new headquarters to the world in early 2025. He also stated that 2024 is a turning point for cryptocurrencies, with stablecoins truly breaking through in scale, importance, and usage in that year, and 2025 will be the year when this concept becomes mainstream.
Next news:Ethereum Foundation researcher Danny Ryan is stepping away from the Ethereum ecosystem after seven years of contributions. He cites personal reasons and the desire for new opportunities as his reasons for leaving, emphasizing that his departure is not due to any negative aspects of Ethereum or its core development. Ryan played a crucial role in Ethereum's transition to a proof-of-stake system, known as The Merge, and was instrumental in launching the Beacon Chain in 2021. Ether, the native token of Ethereum, remains the second-largest cryptocurrency by market capitalization.
Next news:Former FTX CEO Sam Bankman-Fried has filed an appeal for a retrial. His lawyer accuses Judge Lewis Kaplan of showing bias during the trial and preventing the submission of crucial evidence. SBF was previously convicted of defrauding FTX clients and investors and sentenced to 25 years. The appeal argues that the issue of insolvency for FTX and Alameda in the case was misunderstood and was, in fact, a liquidity crisis. FTX assets have recovered as much as $16.30 billion. (TheBlock)
Next news:Wu learned from Whale Alert monitoring that 3 hours ago, 8,951,949 USDT were frozen in a certain address (0x290b6ebb...EEA23052E3) on the Ethereum mainnet.
Next news:According to Cointelegraph, the political advocacy group Stand With Crypto, led by Coinbase, has launched a legal defense fund for NFT projects. The fund, named the 'Creator Legal Defense Fund,' is worth 6 million dollars and is supported by the venture capital firm a16z and the NFT marketplace OpenSea. According to information on the Stand With Crypto website, the fund has also received support from law firms such as Fenwick & West LLP, Goodwin Procter LLP, and Latham & Watkins LLP.
Next news:Spanish Crypto Exchange Bit2Me Obtains License in Argentina as a Virtual Asset Service Provider
Next news:Sam Bankman-Fried, the founder of FTX, is appealing his fraud conviction and requesting a new trial. He is currently six months into a 25-year prison sentence.
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.
