Let's turn our attention to today's overall Crypto market situation.
As of 11:59 PM Hong Kong time on July 30, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.49 trillion US dollars, witnessing a decrease of 1.2% compared to yesterday; the total trading volume is 81.17 billion US dollars, marking a decline of 20.5% from the previous day.
According to sosovalue, the price of $BTC is 66,188 USD, a decrease of 0.893% from yesterday. The market cap of $BTC is 1.31 trillion USD, accounting for 52.6% of the total market cap; $BTC's 24-hour trading volume is 30.12 billion USD, making up 37.1% of the total trading volume.
The price of $ETH is 3,279.2 USD, down 1.16% from yesterday; the market cap of $ETH is 394.32 billion USD, representing 15.9% of the total market cap; $ETH's 24-hour trading volume is 14.30 billion USD, comprising 17.6% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 68.5% of the total cryptocurrency market cap, and their combined trading volumes constitute 54.7% 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 23:55 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is BarnBridge. As of 23:55 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 Solend. As of 23:55 today, its coin price is 1.0847 USD, with a 24-hour increase of 37.9%.
The third is SOLVE. As of 23:55 today, its coin price is 0.014590 USD, showing a 24-hour increase of 31.7%.
In fourth place is Function X. As of 23:55 today, its coin price is 0.19688 USD, with a 24-hour rise of 23.7%.
In fifth place is Drops Ownership Power. As of 23:55 today, its coin price is 0.0074900 USD, increasing by 23% 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, 3 are up and 13 are down. Notably, GameFi, DeFi, and DePIN sectors are worth mentioning.
GameFi sector has fallen -2.72% relative to the UTC 0 time, led by declines in RIDE (-9.51%), MON (-8.71%), and PORTAL (-8.15%).
DeFi sector has decreased -2.89% relative to UTC 0, with LSD (-21.7%), SD (-17.9%), and SUDO (-16%) leading the drop.
DePIN sector has fallen -3.43%, with MSN (-17.9%), SNM (-13.9%), and DVPN (-10.3%) leading the decline.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Ethereum spot ETF had a total net outflow of $98.2856 million on July 29, and continued to have net outflows for 4 consecutive days. Grayscale ETF ETHE had a single-day outflow of $210 million, Grayscale mini ETF $ETH had a inflow of $4.8967 million, BlackRock ETF ETHA had a inflow of $58.1696 million, and Fidelity ETF FETH had a inflow of $24.8242 million.
Next news:
According to SoSoValue, as of July 29th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $124.13M.
Yesterday, Grayscale's ETF GBTC had a net outflow of $54.29M, bringing GBTC's total historical net outflow to $18.87B.
The Bitcoin spot ETF with the highest net inflow for the day was BlackRock's ETF IBIT, with a daily net inflow of $205.62M, with IBIT's total historical net inflow reaching $19.93B.
As of this writing, the total net asset value of Bitcoin spot ETFs stands at $61.73B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.64%. The historical cumulative net inflow has reached $17.71B.
Source: https://sosovalue.com/assets/etf
Next news:The U.S. SEC accused Nader Al-Naji, founder of the decentralized social network BitClout, of fraud and issuing unregistered securities. Al-Naji raised more than $257 million and used more than $7 million of investor funds for personal expenses, such as paying for luxury home rent and buying gifts.
Next news:Foresight News: According to Arkham monitoring, Grayscale transferred 63.40 thousand $ETH to the Coinbase Prime address 8 minutes ago.
Next news:Binance Labs has invested in aPriori, a project focused on MEV-powered liquid staking solutions on the Monad network. aPriori is creating an MEV-powered liquid staking platform on Monad to decentralize Monad’s network and enhance the user experience. aPriori was incubated through Season 6 of the Binance Labs Incubation Program.
Next news:Blackbird, a Web3 startup co-founded by a former Resy executive, is introducing a new payment system called Blackbird Pay. This system will enable diners to pay for their meals using $FLY, a cryptocurrency that also functions as loyalty points within Blackbird's restaurant rewards program.
Next news:StarkNet derivatives protocol ZKX announced that it would stop operating, due to low user participation, insufficient revenue to cover operating costs, and a decline in token value. As a StarkNet head project, ZKX has received investment from more than a dozen VCs, including StarkWare Amber Huobi Cryptocom Hashkey, etc.
Next news:Binance Labs announced the first batch of projects in the seventh season incubation, including the stake asset liquidity protocol Astherus, the chain abstraction liquidity aggregation protocol CYCLE NETWORK, the scalable data availability network DILL, and the EigenLayer-based data and DeFi system EigenExplorer.
Next news:Foresight News reports that according to the announcement from Huobi HTX, Huobi HTX has opened the deposit service for AVACN on July 30 at 16:10. The spot trading of AVACN/USDT will be available on July 30 at 18:00. The withdrawal service for AVACN will be open on July 31 at 18:00. AVACOIN is a Telegram application on the TON ecosystem with its own market, catering to various categories of small applications. The application now incorporates gaming elements, staking, and mining.
Next news:Odaily Planet Daily News According to informed sources, the encryption infrastructure provider Anoma Foundation is seeking to raise $40 million at a valuation of $1 billion. The company has been in discussions with potential investors, and negotiations are still ongoing, with terms subject to change. "We are still actively discussing, and the details of this round of negotiations have not been finalized," a spokesperson for Anoma stated. The Anoma Foundation is responsible for managing the Namada blockchain and providing privacy-focused decentralized application software. (Bloomberg) In May last year, Anoma Foundation completed a $25 million financing round, led by CMCC Global.
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.