SoSo Daily Sept. 24 | Celestia Foundation Raises $100 Million in Funding Round Led by Bain Capital Crypto

According to sosovalue, the price of $BTC is 62,852 USD, a decrease of 1.42% from yesterday. The market cap of $BTC is 1.24 trillion USD, accounting for 53.8% of the total market cap; $BTC's 24-hour trading volume is 31.15 billion USD, making up 32.9% of the total trading volume.
The price of $ETH is 2,617.5 USD, up 0.0746% from yesterday; the market cap of $ETH is 315.01 billion USD, representing 13.6% of the total market cap; $ETH's 24-hour trading volume is 18.48 billion USD, comprising 19.5% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.4% of the total cryptocurrency market cap, and their combined trading volumes constitute 52.4% 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 02:15 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is Refereum. As of 02:15 today, its market cap is 157.55K, with a coin price of 0.0000323 USD, witnessing a 24-hour increase of 45.6%.
The second is BarnBridge. As of 02:15 today, its market cap is 20.90M, with a coin price of 2.1520 USD, witnessing a 24-hour increase of 44.4%.
The third is Circuits of Value. As of 02:15 today, its market cap is 6.18M, with a coin price of 0.0034600 USD, showing a 24-hour increase of 34.1%.
In fourth place is RabbitX. As of 02:15 today, its market cap is 6.94M, its coin price is 0.01267 USD, with a 24-hour rise of 31.6%.
In fifth place is Picasso. As of 02:15 today, its market cap is 10.40M, its coin price is 0.0012760 USD, increasing by 27.7% 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, 12 are up and 4 are down. Notably, AI and NFT sectors are worth mentioning.
AI sector has risen 2.94% relative to the UTC 0 time, led by gains in AGI (21.7%), CGPT (17.9%), and GTAI (15.4%).
NFT sector has increased 2.9% relative to UTC 0, with COVAL (20.9%), MPLX (17.8%), and BOSON (9.46%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:The Celestia Foundation has raised $100 million in a funding round led by Bain Capital Crypto. The foundation's total financing now stands at $155 million. Celestia is a modular blockchain network designed to help other blockchains scale by offloading their data requirements. The network developers have announced plans to scale Celestia to 1-gigabyte blocks. About two dozen rollups have deployed on Celestia since its launch in October 2023.
Next news:Decentralized crypto exchange Mango Markets is considering a settlement with the Commodity Futures Trading Commission (CFTC) over crypto trading violations.
Next news:According to @EmberCN, Arthur Hayes, the founder of BitMEX, transferred 240 thousand PENDLE (worth 950 thousand USD) to Binance just 2 hours ago. His PENDLE is about to run out: he has sold 1.84 million PENDLE (worth 6.55 million USD) in the last 4 days and now holds only 253 thousand PENDLE. His average cost for PENDLE is approximately $2.89, and the recent average price for PENDLE transferred out is $3.57, resulting in a profit of 1.24 million USD.
Next news:According to Wu, Eric Balchunas, a senior ETF analyst at Bloomberg, disclosed on Twitter that BlackRock is taking innovative measures to ensure the security of its Bitcoin spot ETF (IBIT) assets. BlackRock operates its own blockchain nodes and extracts Bitcoin balances from Coinbase Prime's wallet address every night to verify the amount of Bitcoin held by IBIT. BlackRock is willing to show this verification data to institutional clients upon request, but will not make it public. This decision stems from the fact that BlackRock has received a significant amount of spam, such as sanctioned Bitcoins and NFTs, and publicly disclosing related information could lead to an increase in such spam. As an industry giant managing around 500 ETFs, BlackRock has entrusted its ETF assets to custodians for years without any major issues to date.
Next news:Wu has learned that, according to a report by The Verge, the official Twitter account of OpenAI's news newsroom @OpenAINewsroom was hacked and used to spread a false cryptocurrency scam. The account has nearly 54 thousand followers and is primarily used to share OpenAI's official news. On September 24, at 6:24 AM Beijing time, the account posted a now-deleted message promoting a fake token named "OPENAI."
Next news:According to Wu's report and Venturebeat, the game developer Darkbright Studios has announced the completion of a $6 million seed funding round. This round was led by Bitkraft Ventures, with participation from Play Ventures, Anthos Capital, King River Capital, and others. The company plans to use these funds to develop mid-core games, with its first title being a life simulation game called Smolbound. Darkbright has already begun closed testing of the game and plans to launch it next year on the Treasure Layer-2 blockchain.
Next news:According to Wu's report, Arkham tweeted that the bankrupt crypto lending company BlockFi received nearly 250 million USDC from Coinbase Prime two days ago, with on-chain holdings reaching 300 million USD. BlockFi may begin repaying customer funds.
Next news:Wu said that Coinbase International and Coinbase Advanced have announced the launch of Catizen (CATI) perpetual contracts, which will open on September 26, 2024, at 9:30 AM (UTC) or later. Catizen (CATI) is a cat-themed game built on the Telegram mini-program platform.
Next news:According to Wu's report, Coinbase will add support for CoW Protocol (COW) on the Ethereum network (ERC-20 tokens), with trading set to begin on September 24, 2024, at 9 AM Pacific Time or later. CoW Protocol is a MetaDex aggregator on Ethereum.
Next news:Bitfarms and Riot Platforms have reached a settlement, which may signal the end of the acquisition dispute between the two Bitcoin mining companies. According to the terms of the agreement, Bitfarms co-founder Andres Finkielsztain has resigned from the board, and Riot's nominated independent director Amy Freedman (a corporate governance and capital markets expert with over 25 years of experience) will take his place, effective immediately. Riot has agreed to withdraw its amended request and accept standard stay provisions until Bitfarms' 2026 annual meeting. Bitfarms has granted Riot certain rights, allowing Riot to purchase additional shares of the company as long as they hold 15% or more of Bitfarms' circulating common stock. However, under the stay provisions, Riot is not permitted to acquire more than 20% of Bitfarms' shares without prior board approval, unless Riot intends to make another formal acquisition.

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.