SoSo Daily Sept. 29 | Japanese listed company Remixpoint has purchased approximately $5.27 million worth of cryptocurrency assets.

According to sosovalue, the price of $BTC is 65,594 USD, a decrease of 0.546% from yesterday. The market cap of $BTC is 1.30 trillion USD, accounting for 53.9% of the total market cap; $BTC's 24-hour trading volume is 10.86 billion USD, making up 13.3% of the total trading volume.
The price of $ETH is 2,665.6 USD, down 0.652% from yesterday; the market cap of $ETH is 320.84 billion USD, representing 13.3% of the total market cap; $ETH's 24-hour trading volume is 9.01 billion USD, comprising 11% 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 24.3% 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 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is KardiaChain (KAI). As of today, its market cap is 16.43M, with a coin price of 0.0034400 USD, witnessing a 24-hour increase of 54.8%.
The second is EthereumPoW (ETHW). As of today, its market cap is 391.92M, with a coin price of 3.6350 USD, witnessing a 24-hour increase of 40.9%.
The third is Lambda (LAMB). As of today, its market cap is 5.29M, with a coin price of 0.0028400 USD, showing a 24-hour increase of 28.5%.
In fourth place is Cellframe (CELL). As of today, its market cap is 12.29M, its coin price is 0.42710 USD, with a 24-hour rise of 26.9%.
In fifth place is Cetus Protocol (CETUS). As of today, its market cap is 50.71M, its coin price is 0.15882 USD, increasing by 25.9% 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, 1 is up and 15 are down. Notably, the Payment, RWA, and SocialFi sectors are worth mentioning.
The Payment sector has risen 2.73% relative to the UTC 0 time, led by gains in XRP (5.46%), TPT (1.33%), and ECOX (0.914%).
The RWA sector has decreased -2.44% relative to UTC 0, with CPOOL (-7.16%), TOKEN (-7.01%), and LTO (-5.71%) leading the drop.
The SocialFi sector has fallen -2.57%, with BERRY (-5.74%), CYBER (-5.68%), and BBL (-4.89%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to Coinpost, Japan's listed company Remixpoint officially disclosed the details of its latest round of cryptocurrency investments on September 27, having spent a total of 750 million yen (approximately 5.27 million USD) to acquire 64.4 $BTC (600 million yen), 130.1 $ETH (50 million yen), 2,260.5 SOL (50 million yen), and 12,269.9 AVAX (50 million yen). This investment is the first execution of the "total 1.50 billion yen (approximately 10.55 million USD) virtual currency purchase plan" announced by the company on September 26, aimed at reducing the risk of yen depreciation through diversified investments and optimizing cash management strategies.
Next news:According to Wu's report and Sina Finance, the 2024 Tsinghua Wudaokou Chief Economist Forum was held on September 28 in Beijing. Former Vice Minister of Finance Zhu Guangyao attended and delivered a speech. Zhu Guangyao emphasized the importance of studying the development of cryptocurrencies, stating, "It indeed has negative impacts, and we must fully recognize its risks and the harm it poses to capital markets. However, we must also study the latest changes and policy adjustments internationally, as this is a crucial aspect of the development of the digital economy." Zhu Guangyao reviewed the development of cryptocurrencies, noting that for the past decade, the United States has considered cryptocurrencies to have a significant destructive power against international anti-money laundering and anti-terrorist financing efforts. Additionally, the extreme volatility of cryptocurrency values has had a tremendous impact on international financial markets. However, this year, there has been a significant evolution in U.S. policy. Zhu Guangyao pointed out that Trump's campaign platform explicitly included cryptocurrencies, and he publicly stated, "We must embrace cryptocurrencies, or else China will replace us." The U.S. Securities and Exchange Commission has also approved the listing of 11 Bitcoin ETFs on the stock and futures markets. Meanwhile, in emerging market countries and BRICS nations, Russia, South Africa, Brazil, and India have also taken action.
Next news:FTX creditors can only recover 10%-25% of their cryptocurrency.
Next news:According to Wu's report, Lookonchain has monitored that a certain address spent 6 SOL (approximately $815) to purchase 30.10 million MOODENG 17 days ago, which is now valued at $9.40 million, yielding a profit of 11,534 times. Coingecko data shows that the market capitalization of the Solana meme coin MOODENG, inspired by the Thai internet celebrity Hippo "Moo Deng", reached a new high of $320 million last night but has currently fallen back to $284 million. MOODENG is currently priced at $0.287, with an increase of 8.8% in the past 24 hours.
Next news:According to reports from @ai_9684xtpa, an ancient whale that participated in the Ethereum ICO with 150 thousand $ETH has once again deposited 2,990 $ETH (worth 7.97 million USD) into Kraken nine hours ago, suspected to be a sell-off. Over the past six days, he has transferred a total of 15,000 $ETH to exchanges, with a total value of 39.33 million USD; thus, all $ETH from this address has been fully sold off, and there are still 4 addresses holding 60 thousand tokens.
Next news:US Bitcoin ETFs raked in $1.1B this week, most since mid-July
BlackRock, ARK 21Shares and Fidelity’s Bitcoin products led the way with $499 million, $289.5 million and $206.1 million in inflows, respectively.
The United States spot Bitcoin exchange-traded funds raked in more than $1.1 billion this week, making it the largest week of inflows since July 15-19. It included $494.4 million on Sept. 27 — the best-performing day since June. 4, according to Farside Investors. It came one day after the spot Bitcoin ETFs tallied $366 million on Sept. 26. Weekly flows were led by BlackRock’s iShares Bitcoin Trust, ARK 21Shares Bitcoin ETF and the Fidelity® Wise Origin® Bitcoin Fund at $499 million, $289.5 million and $206.1 million, respectively. The Invesco & Galaxy, Franklin Templeton, Valkyrie and VanEck Bitcoin products saw inflows between $5.7 million and $33.3 million, while the WisdomTree Bitcoin Fund didn’t record an inflow during the week. The latest inflows bring the aggregate inflow since inception for all 11 spot ETFs combined to $18.8 billion. The rise in spot Bitcoin ETF flows comes in wake of the Federal Reserve’s interest rate cut on Sept. 18. Since then, Bitcoin has rallied 13.8% to $65,800, CoinGecko data shows. The cryptocurrency is now only 10.8% off its all-time high price of $73,738 set on March. 14. There are now two days until October and 2024’s fourth quarter — a quarter in which Bitcoin has recorded a 50% or higher gain in over five of the last nine years, CoinGlass data shows. Related: ‘Sustained’ Bitcoin ETF inflows may ‘buoy’ price despite slowing spot buying Meanwhile, the US spot Ether ( $ETH ) ETFs recorded $85 million in inflows this week, making it the biggest week since Aug. 5-9. The Ethereum products have taken in a little more than $1.1 billion — when factoring in the $2.9 billion in outflows from the Grayscale Ethereum Trust — since launching on July. 23. Magazine: Worldcoin fined again! Crypto store clerk runs off with $500K cash: Asia Express
Next news:US-based spot Ethereum exchange-traded funds (ETFs) have recorded their highest weekly inflows since early August, with one fund surpassing $1 billion in net asset value. BlackRock's ETHA fund achieved this milestone just two months after launch, putting it in the top 20% of ETFs on the US market. The funds now hold a total net asset value of $7.4 billion, the highest since August 26.
Next news:Tether announced today that it assisted the U.S. DOJ in seizing over $6 million in assets linked to a crypto-confidence scheme based in Southeast Asia. To date, Tether has assisted more than 180 enforcement agencies across 45 jurisdictions, blocked $1.8+ billion USDT.
Next news:A Brazilian court ruled that the social media platform X must pay a fine of over 5.20 million USD to restore its services. A judge from the Brazilian Federal Supreme Court determined that the X platform must pay a fine of 10 million reais to restore its services. Additionally, the X platform must inform whether the frozen amount of 18.30 million reais will be used to pay the fines, and its legal representative will also pay a fine of 300 thousand reais. The total of the three fines amounts to over 5.20 million USD.
Next news:Mind Network has completed a $10 million Pre-A round of financing, with participation from Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, and IBC Group. The funds raised will be used to accelerate the development of its fully homomorphic encryption infrastructure and further strengthen Mind Network's consensus and data security for AI and PoS networks.

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.