Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM on August 16, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.15 trillion US dollars, witnessing a decrease of 1.48% compared to yesterday; the total trading volume is 92.25 billion US dollars, marking an increase of 7.47% from the previous day.
According to sosovalue, the price of $BTC is 58,213 USD, a decrease of 0.175% from yesterday. The market cap of $BTC is 1.15 trillion USD, accounting for 53.4% of the total market cap; $BTC's 24-hour trading volume is 33.78 billion USD, making up 36.6% of the total trading volume.
The price of $ETH is 2,597.7 USD, down 1.49% from yesterday; the market cap of $ETH is 312.44 billion USD, representing 14.5% of the total market cap; $ETH's 24-hour trading volume is 14.12 billion USD, comprising 15.3% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.9% of the total cryptocurrency market cap, and their combined trading volumes constitute 51.9% 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 05:55 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is BarnBridge (BOND). As of 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 Dust Protocol (DUST). As of today, its coin price is 0.34640 USD, with a 24-hour increase of 44.2%.
The third is SuperRare (RARE). As of today, its coin price is 0.098700 USD, showing a 24-hour increase of 28.9%.
In fourth place is sudoswap (SUDO). As of today, its coin price is 0.12433 USD, with a 24-hour rise of 19.8%.
In fifth place is Stratos (STOS). As of today, its coin price is 0.40850 USD, increasing by 19.5% 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, 4 are up and 12 are down. Notably, GameFi, RWA, and Layer2 sectors are worth mentioning.
GameFi sector has fallen -2.28% relative to the UTC 0 time, led by declines in CHAIN (-12.3%), FEVR (-9.79%), and GOG (-8.37%).
RWA sector has decreased -2.3% relative to UTC 0, with KLIMA (-7.69%), GFI (-5.92%), and NXRA (-5.91%) leading the drop.
Layer2 sector has fallen -2.92%, with ZKF (-10.7%), SAGA (-6.3%), and CULT (-5.72%) leading the decline.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
According to SoSoValue, as of August 15th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $11.11M.
Yesterday, Grayscale's ETF GBTC had a net outflow of $25.03M, bringing GBTC's total historical net outflow to $19.57B.
Grayscale Bitcoin Mini Trust ETF $BTC had a net inflow of $ 13.66M，bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $287.65M.
The Bitcoin spot ETF with the highest net inflow for the day was Fidelity's ETF FBTC, with a daily net inflow of $16.25M, with FBTC's total historical net inflow reaching $9.74B.
As of this writing, the total net asset value of Bitcoin spot ETFs stands at $51.99B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.65%. The historical cumulative net inflow has reached $17.33B.
Source: https://sosovalue.com/assets/etf
Next news:Foresight News: According to Arkham monitoring, Cumberland received 95 million USDT from Tether Treasury 10 minutes ago and started transferring to CEX. Among them, 5 minutes ago, Cumberland transferred 19 million USDT to Kraken.
Next news:The U.S. Securities and Exchange Commission (SEC) has approved the first leveraged long exchange-traded fund (ETF) that focuses on MicroStrategy. This ETF allows investors to leverage their positions in MicroStrategy, potentially amplifying both gains and risks.
Next news:OKX, a prominent cryptocurrency exchange, has introduced Solana 'Blinks,' a new feature, to Ethereum chains. This integration aims to enhance interoperability between the two blockchain platforms, potentially increasing efficiency and user engagement.
Next news:Nasdaq ISE, LLC has decided to withdraw its proposals for listing and trading options on spot Ethereum and Bitcoin products.
Next news:Vitalik Buterin said that he has donated all the "Animal Coins" (about $530,000) received in the past year to charity (Effective Altruism Funds Animal Welfare Fund). He said he would prefer that these tokens be directly distributed to charities and called for more complex public funding to begin in 2024.
Next news:Orderly Network has successfully raised $5 million in a strategic funding round to support its growth and development.
Next news:South Korea's National Pension Service (NPS) disclosed that it bought 245,000 shares of MicroStrategy in the second quarter of this year, worth about $33.75 million. Previously, NPS bought 282,700 shares of Coinbase in the third quarter of last year. NPS manages $729.77 billion in funds and is the world's third largest pension fund.
Next news:Aug. 16 Options Data
24,000 $BTC options are about to expire with a Put Call Ratio of 0.83, a Maxpain point of $59,500 and a notional value of $1.4 billion.
184,000 $ETH options are about to expire with a Put Call Ratio of 0.80, Maxpain point of $2,650 and notional value of $470 million.
Next news:Wu learned that, according to Lookonchain monitoring, Circle minted 250 million USDC on Solana 5 hours ago. Since April 2, Circle has minted a total of 4.50 billion USDC on Solana.
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.