SoSo Daily Sept. 25 | Binance Launches Pre-Market Spot Trading Service with Actual Tokens

According to sosovalue, the price of $BTC is 63,170 USD, a decrease of 0.95% from yesterday. The market cap of $BTC is 1.25 trillion USD, accounting for 53.8% of the total market cap; $BTC's 24-hour trading volume is 28.33 billion USD, making up 32.2% of the total trading volume.
The price of $ETH is 2,575.4 USD, down 2.73% from yesterday; the market cap of $ETH is 309.98 billion USD, representing 13.4% of the total market cap; $ETH's 24-hour trading volume is 13.94 billion USD, comprising 15.8% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.2% of the total cryptocurrency market cap, and their combined trading volumes constitute 48% 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 17:55 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is NFTX. As of 17:55 today, its market cap is 11.41M, with a coin price of 27.163 USD, witnessing a 24-hour increase of 128%.
The second is BarnBridge. As of 17:55 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 GT-Protocol. As of 17:55 today, its market cap is 32.36M, with a coin price of 0.88690 USD, showing a 24-hour increase of 38.8%.
In fourth place is Fluence. As of 17:55 today, its market cap is 16.99M, its coin price is 0.31790 USD, with a 24-hour rise of 26.5%.
In fifth place is Celo. As of 17:55 today, its market cap is 371.51M, its coin price is 0.67780 USD, increasing by 25.4% 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, 10 are up and 6 are down. Notably, NFT, CeFi, and $ETH sectors are worth mentioning.
NFT sector has risen 2.53% relative to the UTC 0 time, led by gains in nftx (128%), taboo (20.3%), and rmrk (12.8%).
CeFi sector has decreased -2.67% relative to UTC 0, with ox (-17.1%), sclp (-9.2%), and cho (-6.53%) leading the drop.
$ETH sector has fallen -2.71%, with $eth (-2.71%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Binance has launched a pre-market spot trading service, allowing users to trade actual tokens before they are listed on the spot market. This service is the first of its kind, as other exchanges typically offer pre-market trading of derivatives. The Binance Pre-Market service is a collaboration between Binance Spot and Binance Launchpool, and it allows users to acquire new project tokens by staking BNB and other tokens. However, this service is not available in certain regions, including the U.S. and Canada.
Next news:Bitcoin's $5.8B Quarterly Options Expiry May Spark Market Swings, Deribit Says
Next news:Initia, a blockchain project developing a Layer 1 network and a system for 'interwoven optimistic rollups,' has raised $14 million in a Series A funding round. The round was led by Tomasz Tunguz's Theory Ventures, with participation from Delphi Ventures and Hack VC. Initia's fully diluted token valuation is now $350 million. The funding brings Initia's total funding to $22.5 million. Initia is developing a Layer 1 blockchain and a platform for interwoven optimistic rollups. Currently, 12 projects are using Initia's interwoven stack to build their Layer 2 networks. Initia's public testnet concluded last month, and the mainnet and token launch are expected within the next two months.
Next news:According to Wu, Onekey Card users have received an email stating that Onekey Card will cease operations starting September 30. The specific timeline is as follows: From September 30, 2024, new registrations and top-ups will no longer be accepted; by October 31, 2024, all balances will be safely transferred to your wallet and can be withdrawn at any time; and on January 31, 2025, the OneKey Card service will officially stop.
Next news:QCP Capital analysts are forecasting that additional stimulus measures from China will create a more bullish environment for risk assets, including cryptocurrencies. The analysts believe that due to various positive factors driving the market, a potential upcoming surge in cryptocurrency prices could catch many investors off guard. On Tuesday, China’s central bank rolled out a comprehensive set of policies designed to rejuvenate the struggling housing and equity markets. These measures appear to be effective, with the SSE Composite Index rising by 1.16%. Despite this positive performance in the U.S. stock markets, the global cryptocurrency market cap fell to $2.34 trillion, reflecting a 0.9% decline over the past 24 hours. BRN analyst Valentin Fournier noted that the influx of liquidity from China's stimulus measures is likely to drive gains in lower market cap digital assets as the bull run progresses. The QCP Capital analysts also pointed out that the difference in yields between the 2-year and 10-year U.S. Treasury notes signals the potential for increased sentiment towards risk assets.
Next news:According to on-chain data analyst Yu Jin's monitoring, a whale address that participated in the Ethereum ICO sold 8,510 $ETH (approximately $22.15 million) in the past two days. This address acquired 150,000 $ETH during the Ethereum ICO in 2015 (ICO price $0.311). Now, nine years later, this address has only sold 23,510 $ETH and still holds a total of 130,966 $ETH (approximately $342 million).
Next news:EOS Network Foundation announced that the EOS Spring 1.0 hard fork has been completed. The EOS network has been upgraded to Antelope Spring 1.0 and introduced the Savanna consensus algorithm.
Next news:The infrastructure supporting Bitcoin's second layer network, BitcoinOS (BOS), has open-sourced the BitSNARK verification protocol for further experimentation in Bitcoin. BitSNARK allows zk-SNARK proofs to run on Bitcoin without changing the core protocol.
Next news:Global banking giant Société Générale partners with cryptocurrency exchange Bitpanda to promote the mainstream adoption of its euro stablecoin EURCV.
Next news:Bitget will launch Hamster Kombat (HMSTR) spot, futures, strategy, and copy trading on September 26.

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.