SoSo Daily Apr 22 | A certain whale has withdrawn 1,000 BTC from Binance again, valued at approximately 91.13 million USD.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 18:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Hyperlane (HYPER). As of 18:00 today, its market cap is 43.75M USD, with a coin price of 0.24970 USD, witnessing a 24-hour increase of 177%.
The second is Nuls (NULS). As of 18:00 today, its coin price is 0.052320 USD, with a 24-hour increase of 106%.
The third is UX Chain (UMEE). As of 18:00 today, its coin price is 0.00064700 USD, showing a 24-hour increase of 96.7%.
In fourth place is Pixelverse (PIXFI). As of 18:00 today, its coin price is 0.00077500 USD, with a 24-hour rise of 67.4%.
In fifth place is Stafi (FIS). As of 18:00 today, its coin price is 0.22370 USD, increasing by 64.6% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:A certain whale has once again withdrawn 1,000 $BTC from Binance, valued at approximately 91.13 million USD.
Next news:Wu Shuo has learned that Binance Alpha announced it will be the first platform to list Dolomite ($DOLO), with trading opening on April 24. Eligible Binance users will receive an airdrop of 260 $DOLO tokens in their Alpha accounts within 10 minutes after the token listing.
Next news:Wu said that according to OKX market data, $BTC has broken through $90,000, currently quoted at $90,743, with a daily increase of 3.84%. This is the first time $BTC has returned above $90,000 since March 7.
Next news:A certain whale redeemed 100 thousand staked SOL and transferred it to Binance, worth approximately 13.90 million USD.
Next news:The European Central Bank (ECB) is concerned that U.S. President Trump's support for the cryptocurrency industry may trigger financial "contagion" risks. These risks stem from previous events such as the collapse of the cryptocurrency exchange FTX, the failure of the CeFi lending platform BlockFi, and the crash of the DeFi project Terra Luna, which could pose a threat to the European economy. The European Commission has raised objections to the ECB's analysis, reflecting internal debates within Europe about the Trump administration's use of cryptocurrencies, especially stablecoins, to strengthen the influence of the U.S. dollar and promote asset inflows. The European Union's 2023 Markets in Crypto-Assets Regulation (MiCA) is seen as the first significant legislation targeting crypto enterprises, restricting the issuance of foreign currency-backed stablecoins. However, the proposed U.S. STABLE and GENIUS bills aim to expand the influence of U.S. dollar-backed stablecoins, causing the ECB to worry that MiCA's regulatory measures are insufficient. Some EU officials believe the ECB is exaggerating the threat posed by stablecoins to gain political support for its digital euro project. Nevertheless, the ECB warns that if EU issuers are required to simultaneously redeem tokens held both abroad and in Europe, it could trigger a reserve "run."
Next news:Wu Shuo has learned that Binance Wallet officially announced that the Hyperlane TGE originally scheduled for April 22 has been postponed due to a slight delay in the project. The new launch date will be announced after the project team is ready. Currently, the team is actively handling the final details before launch.
Next news:
Next news:Background: Metaplanet is a Japanese investment company specializing in Bitcoin asset management, which has achieved significant growth in recent years through continuous Bitcoin acquisitions. Recently, the company's stock price dropped about 16% over the past month, raising concerns among some shareholders.

Main Events: Simon Gerovich, CEO of Metaplanet, responded to shareholder concerns by emphasizing that the company's strategy aims at long-term value creation rather than short-term stock price fluctuations. The company recently purchased 330 Bitcoins, bringing its total holdings to 4,855 Bitcoins, ranking first among Asian enterprises and tenth globally. Gerovich noted that the company measures the effectiveness of its Bitcoin acquisition strategy using key performance indicators $BTC Yield and $BTC Gain. Year-to-date, $BTC Yield reached 119.3%, far exceeding the quarterly target of 35%. Additionally, through financial strategies, the company gained an extra 2,174 Bitcoins, demonstrating efficient asset appreciation capabilities.

Potential Impact: Gerovich stressed that although short-term stock prices may not reflect performance, mid-to-long-term stock prices will align with the company's fundamentals. The number of shareholders has increased approximately sevenfold, institutional investor interest is strong, and the stock has been included in exchange-traded funds and major indices, reflecting market recognition and confidence in its strategy. Gerovich himself, as a major shareholder, commits to prioritizing shareholder interests and promoting the company's sustainable development.

Special Mention: The content includes information related to SoSoValue.
Next news:Several cryptocurrency companies plan to apply for U.S. banking licenses, including stablecoin issuer Circle and trust company BitGo. Crypto exchange Coinbase and stablecoin issuer Paxos are also considering similar moves. Some companies seek limited licenses to issue stablecoins, but those obtaining such licenses will face stricter regulation. Circle is currently involved in congressional disputes over stablecoin legislation, while traditional banks like Bank of America aim to restrict non-bank institutions from issuing stablecoins through legislative amendments. Crypto companies have long struggled to access traditional financial infrastructure; in March 2024, Custodia Bank was denied access to the Federal Reserve's master accounts, limiting its ability to obtain U.S. currency supply.
Next news:Bitcoin price breaks through 90 thousand USD, reaching a new high since March 7.

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.