SoSo Daily Sept. 19 | Solana Mobile Unveils New 'Seeker' Crypto Smartphone with Over 140,000 Presales
Let's turn our attention to today's overall Crypto market situation.
As of 12 PM Hong Kong time on September 19, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.25 trillion US dollars, witnessing an increase of 3.19% compared to yesterday; the total trading volume is 132.10 billion US dollars, marking an increase of 40.9% from the previous day.
According to sosovalue, the price of $BTC is 62,676 USD, an increase of 4.73% from yesterday. The market cap of $BTC is 1.24 trillion USD, accounting for 55% of the total market cap; $BTC's 24-hour trading volume is 47.87 billion USD, making up 36.2% of the total trading volume.
The price of $ETH is 2,435.8 USD, up 5.88% from yesterday; the market cap of $ETH is 293.13 billion USD, representing 13% of the total market cap; $ETH's 24-hour trading volume is 20.31 billion USD, comprising 15.4% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 68% of the total cryptocurrency market cap, and their combined trading volumes constitute 51.6% 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 SuiPad (SUIP). As of 11:55 today, its market cap is 4.70M, with a coin price of 0.068060 USD, witnessing a 24-hour increase of 64%.
The second is Yield App (YLD). As of 11:55 today, its coin price is 0.0040800 USD, with a 24-hour increase of 58.1%.
The third is mfercoin (MFER). As of 11:55 today, its coin price is 0.013630 USD, showing a 24-hour increase of 51.3%.
In fourth place is Polkadex (PDEX). As of 11:55 today, its coin price is 0.23100 USD, with a 24-hour rise of 49.3%.
In fifth place is BarnBridge (BOND). As of 11:55 today, its coin price is 2.1520 USD, increasing by 44.4% 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, 16 are up and 0 are down. Notably, AI, Layer2, and DePIN sectors are worth mentioning.
AI sector has risen 13.5% relative to the UTC 0 time, led by gains in PAAL (23%), GTAI (23%), and TAO (22.3%).
Layer2 sector has increased 9.51% relative to UTC 0, with SAGA (24.1%), TIA (19.3%), and DYM (17.7%) leading the rise.
DePIN sector has risen 9.02%, with BLZ (26.3%), IOTX (20.2%), and CUDOS (18.9%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Solana Mobile, a subsidiary of Solana Labs, has unveiled its new crypto smartphone, the Solana Seeker, at the TOKEN2049 event in Singapore. This device, previously known as 'Chapter Two' during its stealth phase, has already achieved over 140,000 presales in 57 countries. The Seeker, developed in collaboration with Fxtec, is set to ship in mid-2025. It features a Seed Vault Wallet, a new version of the Solana dApp Store, and the Seeker Genesis Token, a unique NFT for exclusive ecosystem rewards. The device is priced at $450 during the Solana Breakpoint conference, after which it will increase to $500.
Next news:Foresight News reports that the Federal Reserve has announced the US Federal Reserve interest rate decision (upper limit) value at 5% until September 18, indicating a 50 basis point rate cut.
Next news:
According to SoSoValue, as of September 18th (Eastern Time), Bitcoin spot ETFs experienced a total net outflow of $52.83M.
Yesterday, Grayscale's ETF GBTC had a net outflow of $8.13M, bringing GBTC's total historical net outflow to $20.07B.
Grayscale Bitcoin Mini Trust ETF $BTC had a net inflow of $ 2.66M，bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $385.25M.
As of this writing, the total net asset value of Bitcoin spot ETFs stands at $54.85B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.61%. The historical cumulative net inflow has reached $17.44B.
Source: https://sosovalue.com/assets/etf
Next news:Donald Trump, the Republican presidential candidate, made his first bitcoin purchase by buying a cheeseburger at PubKey Bar in New York City. This event occurred before a campaign rally at Nassau Coliseum in Long Island. Trump described the transaction as 'history in the making' and even distributed burgers to other patrons at the bar. PubKey Bar, a bitcoin-themed venue, is known for hosting crypto-related events. Trump's engagement with cryptocurrency has increased this year, as his campaign began accepting crypto donations and he expressed a desire to make the U.S. the 'crypto capital' of the world.
Next news:Crypto exchange Bitget has signed a significant partnership with Spain's top football league, LaLiga, becoming its official cryptocurrency partner in select regions. The deal, announced at Singapore's Token2049 event, is valued in the eight-figure range, amounting to over $10 million, and is set to last two to three years. This partnership covers Eastern, Southeast Asia, and Latin America and aims to merge the worlds of crypto and sports, promoting broader adoption of Web3 technologies in emerging markets. LaLiga's President, Javier Tebas, emphasized the league's commitment to digitalization and innovation, particularly under its New Era initiative. Additionally, Bitget plans to extend its influence beyond mere visibility, with deeper collaborations and educational investments. This move aligns with a growing trend of crypto exchanges partnering with major sports entities, as seen with other exchanges like OKX.
Next news:Odaily Planet Daily News The Bank of England kept its benchmark interest rate unchanged at 5.00%, in line with market expectations, after cutting rates by 25 basis points in August. It stated that most members of the Monetary Policy Committee believe that gradually lowering interest rates is reasonable. Bank of England Governor Bailey stated that caution is needed and interest rates should not be lowered too quickly or too much. (FXStreet)
Next news:Foresight Ventures has announced a multimillion-dollar strategic investment in Layer-1 blockchain Aptos to accelerate its ecosystem growth. The investment will support product development, enhance liquidity, and advance Aptos' scalable and upgradeable blockchain infrastructure. Aptos CTO Avery Ching highlighted the partnership's role in expanding the blockchain's presence in the Asia-Pacific region and promoting web3 application development. Foresight Ventures CEO Forest Bai emphasized the commitment to building user-friendly blockchain solutions and further supporting the Aptos ecosystem with additional resources and partnerships.
Next news:Commerzbank to Offer Bitcoin, Ether Trading Through Crypto Finance
The service will be offered to existing Commerzbank corporate clients in Germany, and will start with bitcoin and ether trading.
Next news:The U.S. Federal Reserve cut interest rates by 50 basis points, leading to a spike in Bitcoin prices. The rate was reduced to a range of 4.75% to 5.00%. The Fed's decision aligns with its objectives of managing inflation and employment rates, which are showing signs of balance. The central bank remains open to further adjustments based on economic data and risks. Analysts from QCP Capital predict significant market impacts and advise focusing on long-term investment strategies to capitalize on potential Bitcoin price increases.
Next news:According to data from SoSoValue, Wu learned that yesterday (September 18th, US Eastern Time), the total net outflow of Ethereum spot ETF was 9.74 million US dollars. The Grayscale Ethereum Trust ETF ETHE had a net outflow of 14.66 million US dollars yesterday, with a historical net outflow of 2.77 billion US dollars. The Ethereum spot ETF with the highest net inflow yesterday was BlackRock's ETF ETHA, with a net inflow of 4.92 million US dollars, and the total historical net inflow of ETHA has reached 1.04 billion US dollars.
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.