SoSo Daily Jun 23

Let's turn our attention to today's overall Crypto market situation.
As of 11:59 AM on June 23, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.47 trillion US dollars, witnessing an increase of 0.18% compared to yesterday; the total trading volume is 34.30 billion US dollars, marking a decline of 46.4% from the previous day.

According to sosovalue, the price of $BTC is 64,341 USD, an increase of 0.119% from yesterday. The market cap of $BTC is 1.27 trillion USD, accounting for 51.4% of the total market cap; $BTC's 24-hour trading volume is 41.39 billion USD, making up 121% of the total trading volume.
The price of $ETH is 3,498 USD, up 0.138% from yesterday; the market cap of $ETH is 427.72 billion USD, representing 17.3% of the total market cap; $ETH's 24-hour trading volume is 21.65 billion USD, comprising 63.1% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 68.7% of the total cryptocurrency market cap, and their combined trading volumes constitute 184.1% 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 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Affyn. As of 11:55 today, its market cap is 14.30M, with a coin price of 0.039430 USD, witnessing a 24-hour increase of 38.9%.
The second is Rats. As of 11:55 today, its coin price is 0.00010640 USD, with a 24-hour increase of 33.4%.
The third is NexGami. As of 11:55 today, its coin price is 0.026100 USD, showing a 24-hour increase of 28.9%.
In fourth place is Shark Cat. As of 11:55 today, its coin price is 0.037400 USD, with a 24-hour rise of 26.7%.
In fifth place is Lido Staked SOL. As of 11:55 today, its coin price is 159.40 USD, increasing by 25.8% over the last 24 hours.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Binance assists BtcTurk in investigation and freezes over $5.3 million in stolen funds after a cyber attack. BtcTurk suspended cryptocurrency deposits and withdrawals. Binance's security teams are actively working on the case.
Next news: Weekly project updates include the launch of ZK & ZRO airdrops this week, with the Blast Airdrop scheduled for next week. Additionally, ENA will join Symbiotic for re-staking activities.
Next news: Eight spot Ethereum ETF applicants, including Bitwise, Fidelity, VanEck, Franklin, 21Shares, Grayscale, BlackRock, and Invesco, have submitted updated versions of their S-1 documents. Notably, Franklin set its fees at 0.19%, while VanEck announced a fee of 0.2%. BlackRock also disclosed a $10 million seed investment. The SEC is reviewing these filings, and a potential launch date for these ETFs is suggested for 2 July by Bloomberg analyst Eric Balchunas.
Next news: CoinStats, a cryptocurrency portfolio manager, faced a security breach impacting 1,590 crypto wallets. The company suspended user activity temporarily and confirmed that the breach was contained. Only 1.3% of wallets were affected, with connected wallets and CEXes unaffected. Affected users were advised to transfer their funds. This breach aligns with a series of recent security incidents in the crypto sector.
Next news: Binance implements risk control measures to prevent 'airdrop hunters' from exploiting the Megadrop events, enhancing security and fairness. The platform emphasizes its commitment to maintaining fairness and plans to strengthen these measures in future Megadrop seasons.
Next news: Marathon Digital Holdings launches a 2 megawatt pilot project in Finland to use heat generated from Bitcoin mining to warm a community of 11,000 residents. The initiative aims to provide an eco-friendly regional heating solution by recycling heat from digital asset computing, offering an alternative to fossil fuels.
Next news: Singapore-based crypto financial research startup SoSoValue has secured $4.15 million in seed funding. The funding round was led by HongShan, GSR Markets, Alumni Ventures, CoinSummer Labs, and One Piece Labs, with participation from early Ethereum investors and founders of Web3 and AI technology companies. The investment will be utilized to enhance AI-driven data services and grow the global community of researchers.
Next news: A user fell victim to a phishing attack, losing $11 million in crypto assets. The incident involved the user signing multiple Permit phishing signatures, leading to the loss of aEthMKR and Pendle USDe tokens. The attack was reported 5 hours ago and was monitored by Scam Sniffer.
Next news: HODL15Capital Twitter disclosed the top ten companies globally holding Bitcoin as of June 22, with BlackRock leading at 305,614 $BTC, followed by Grayscale at 277,067 $BTC, and MicroStrategy at 226,331 BTC.
Next news: A new address deposited 1069 $ETH to bid for 110 fat penguin NFTs at 8.8 $ETH each on BendDAO, potentially to address bad debts. The floor price of these NFTs surged by 31.2% to 9.196 $ETH from a previous low of 7 ETH.

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.