Total MarketCap:$00
API
EN
Dark

SearchSSI/Mag7/Meme/ETF/Coin/Index/Charts/Research
00:00 / 00:00
View
    Markets
    Indexes
    NewsFeed
    TokenBar®
    Analysis
    Macro
    Watchlist
Share

SoSo Daily Oct. 3 | Aptos Labs is set to acquire the developer of Palette Chain, planning a strategic expansion into Japan.

SoSo Newsletter
3KWords
Oct 3, 2024


Today's Crypto Market Overview


Let's turn our attention to today's overall Crypto market situation.
As of 11:59 AM UTC0 time on October 3, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.21 trillion US dollars, witnessing a decrease of 2.96% compared to yesterday; the total trading volume is 122.48 billion US dollars, marking a decline of 20.6% from the previous day.




According to sosovalue, the price of $BTC is 60,787 USD, a decrease of 0.617% from yesterday. The market cap of $BTC is 1.20 trillion USD, accounting for 54.5% of the total market cap; $BTC's 24-hour trading volume is 43.29 billion USD, making up 35.3% of the total trading volume.
The price of $ETH is 2,352.5 USD, down 4.18% from yesterday; the market cap of $ETH is 283.17 billion USD, representing 12.8% of the total market cap; $ETH's 24-hour trading volume is 22.24 billion USD, comprising 18.2% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.3% of the total cryptocurrency market cap, and their combined trading volumes constitute 53.5% 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 11:55 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is Taki. As of 11:55 today, its market cap is 11.31M, with a coin price of 0.0096580 USD, witnessing a 24-hour increase of 100%.
The second is WeSendit. As of 11:55 today, its market cap is 5.12M, with a coin price of 0.012428 USD, witnessing a 24-hour increase of 60.5%.
The third is Shyft Network. As of 11:55 today, its market cap is 5.94M, with a coin price of 0.0026780 USD, showing a 24-hour increase of 39.6%.
In fourth place is GALAXIS Token. As of 11:55 today, its market cap is 838.17K, its coin price is 0.0025900 USD, with a 24-hour rise of 37.8%.
In fifth place is Saros. As of 11:55 today, its market cap is 5.52M, its coin price is 0.0021020 USD, increasing by 28.1% 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, all 16 are down. Notably, DePIN, AI, and Payment sectors are worth mentioning.
DePIN sector has fallen -5.2% relative to the UTC 0 time, led by declines in stos (-14%), nodl (-13.4%), and RENDER (-10.3%).
AI sector has decreased -6.11% relative to UTC 0, with MASA (-12.1%), RENDER (-10.3%), and nos (-10.2%) leading the drop.
Payment sector has fallen -7.91%, with clv (-23.1%), xrp (-11.6%), and ach (-7.99%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Aptos Labs has officially announced the acquisition agreement for HashPalette Inc., which is a subsidiary of HashPort Inc. and the developer of the Palette blockchain. As part of the agreement, HashPort will migrate the Palette Chain and HashPalette applications to the Aptos network, including the EXPO2025 digital wallet for the Osaka Kansai 2025 World Expo. The governance token of Palette Chain, PLT, will be exchanged for Aptos's native token, APT. The transaction is subject to customary closing conditions and approvals.
Next news:

According to SoSoValue, as of October 2th (Eastern Time), Bitcoin spot ETFs experienced a total net outflow of $91.76M.


Yesterday, Grayscale's ETF GBTC had a net outflow of $27.31M, bringing GBTC's total historical net outflow to $20.12B.

Grayscale Bitcoin Mini Trust ETF $BTC had a net outflow of $ 0.00 ,bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $422.31M.

The Bitcoin spot ETF with the highest net inflow for the day was Fidelity's ETF FBTC, with a daily net inflow of $21.08M, with FBTC's total historical net inflow reaching $9.87B.


As of this writing, the total net asset value of Bitcoin spot ETFs stands at $55.85B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.64%. The historical cumulative net inflow has reached $18.53B.


Source: https://sosovalue.com/assets/etf


Next news:Binance will expand monitoring labels to BLZ, CLV, KEY, PROS, and VITE, and will remove the seed labels for PENDLE and SEI.
Next news:An Ethereum ICO participant sold 19,000 $ETH in the past two days, approximately 47.54 million USD.
Next news:OKX will launch spot trading for PayPal USD (PYUSD).
Next news:Starting next year, Swift said banks in North America, Europe and Asia will begin live trials of digital asset and currency transactions over its global messaging network. The trials will leverage Swift’s existing global network and interlink various digital and traditional currency platforms, providing a single system for banks to transact across borders with digital and fiat currencies. The announcement follows a series of recent experiments by Swift, working with web3 services firm Chainlink as an enterprise abstraction layer to connect its network to the Ethereum Sepolia test network.
Next news:OpenAI has completed a new funding round of $6.60 billion, led by Thrive Capital. According to Crunchbase data, OpenAI has raised a total of $17.90 billion in funding.
Next news:Layer has completed a $6 million seed round of financing, led by 1kx, with participation from Fabric Ventures, Arrington Capital, and IOBC. Angel investors include Sreeram Kannan from EigenLayer, Rok Kopp and Mike Silagadze from Ether.fi, and former BlackRock employee Paul Taylor.
Next news:According to @EmberCN, BitMEX founder Arthur Hayes expressed optimism about Memecoins on September 27 and purchased $250,000 worth of PEPE (24.39 billion units) and $250,000 worth of MOG (167.51 billion units). Five hours ago, these PEPE and MOG were transferred to a centralized exchange (CEX), and their value has dropped to $460,000, resulting in a loss of $40,000 upon sale.
Next news:According to SoSoValue data, yesterday (Eastern Time, October 2), the total net inflow for Ethereum spot ETFs was 14.45 million USD. On the same day, Grayscale's Ethereum Trust ETF (ETHE) experienced a net outflow of 5.40 million USD, bringing ETHE's historical net outflow to 2.94 billion USD. The Ethereum spot ETF with the highest single-day net inflow yesterday was BlackRock's ETF (ETHA), which saw a net inflow of 18.04 million USD. Following that was Franklin's ETF (EZET), with a single-day net inflow of 1.81 million USD.

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.

All You Need to Know in 10s
TermsPrivacy PolicyWhitePaperOfficial VerificationCookieBlog
sha512-gmb+mMXJiXiv+eWvJ2SAkPYdcx2jn05V/UFSemmQN07Xzi5pn0QhnS09TkRj2IZm/UnUmYV4tRTVwvHiHwY2BQ==
sha512-kYWj302xPe4RCV/dCeCy7bQu1jhBWhkeFeDJid4V8+5qSzhayXq80dsq8c+0s7YFQKiUUIWvHNzduvFJAPANWA==