SoSo Daily Oct. 9 | Former Bitcoin Dev Peter Todd Denies He’s Satoshi Hours Before HBO Documentary Airs

Let's turn our attention to today's overall Crypto market situation.
As of 5:59 AM UTC0 time on October 9, 2024, according to sosovalue, the total market cap of the crypto market stands at 2.28 trillion US dollars, witnessing a decrease of 1.3% compared to yesterday; the total trading volume is 86.85 billion US dollars, marking a decline of 12.4% from the previous day.

According to sosovalue, the price of $BTC is 62,528 USD, an increase of 0.017% from yesterday. The market cap of $BTC is 1.24 trillion USD, accounting for 54.3% of the total market cap; $BTC's 24-hour trading volume is 23.74 billion USD, making up 27.3% of the total trading volume.
The price of $ETH is 2,451.5 USD, up 0.951% from yesterday; the market cap of $ETH is 295.11 billion USD, representing 13% of the total market cap; $ETH's 24-hour trading volume is 14.11 billion USD, comprising 16.3% 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 43.6% 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 05:55 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is Epik Prime. As of 05:55 today, its market cap is 17.72M, with a coin price of 0.016830 USD, witnessing a 24-hour increase of 66%.
The second is Kujira. As of 05:55 today, its market cap is 51.19M, with a coin price of 0.41840 USD, witnessing a 24-hour increase of 30.2%.
The third is Degen. As of 05:55 today, its market cap is 174.91M, with a coin price of 0.010340 USD, showing a 24-hour increase of 27%.
In fourth place is Shark Cat. As of 05:55 today, its market cap is 29.64M, its coin price is 0.029940 USD, with a 24-hour rise of 23.6%.
In fifth place is Eigenlayer. As of 05:55 today, its market cap is 766.67M, its coin price is 4.1090 USD, increasing by 22.3% 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, 9 are up and 7 are down. Notably, CeFi and AI sectors are worth mentioning.
CeFi sector has risen 2.45% relative to the UTC 0 time, led by gains in ox (18.8%), lovely (9.09%), and qash (6.92%).
AI sector has decreased -2.21% relative to UTC 0, with paal (-12.2%), num (-6.89%), and cgpt (-6.83%) leading the drop.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Clips circulating on social media show filmmaker Cullen Hoback accusing former Bitcoin developer Peter Todd of being Satoshi, hours before the HBO documentary airs.
Next news:Crypto investment firm Canary Capital has filed for a spot XRP exchange-traded fund with the U.S. Securities and Exchange Commission (SEC). This marks the second firm this month to seek approval for such a product. The Canary XRP ETF aims to provide investors with access to the XRP market through a traditional brokerage account, without the need to directly acquire and hold XRP. The firm has not yet named a custodian or administrator for the ETF. The move comes amidst a more progressive regulatory environment and increasing demand for access to cryptocurrencies beyond Bitcoin and Ethereum.
Next news:

According to SoSoValue, as of October 8th (Eastern Time), Bitcoin spot ETFs experienced a total net outflow of $18.66M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $9.41M, bringing GBTC's total historical net outflow to $20.15B.

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 BlackRock's ETF IBIT, with a daily net inflow of $39.57M, with IBIT's total historical net inflow reaching $21.70B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $57.72B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 4.68%. The historical cumulative net inflow has reached $18.72B.

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

Next news:Wu reported that, according to SoSoValue data, yesterday (Eastern Time, October 8), the total net outflow of Ethereum spot ETFs in the United States was $8.19 million. Yesterday, Grayscale's Ethereum Trust ETF (ETHE) had a net outflow of $0.00, and the historical net outflow for ETHE is currently $2.96 billion. Grayscale's Ethereum Mini Trust ETF ($ETH) also had a net outflow of $0.00 yesterday, and the historical total net inflow for Grayscale's Ethereum Mini Trust ($ETH) is $295 million.
Next news:The decentralized application (dApp) infrastructure developer Semantic Layer has raised $3 million in seed financing. Figment Capital led the round, with support from other investors. Semantic Layer aims to enhance transaction execution infrastructure with its tools, VAR and VSR, giving dApps more control over multi-blockchain transactions. The funding will be used to develop the semantic layer core and increase market awareness of ASS.
Next news:Former FTX Digital Markets co-CEO Ryan Salame is set to report to a federal correctional institution on October 11 to serve a 7.5-year sentence. As one of the executives facing criminal charges following the collapse of FTX, Salame admitted in September 2023 to conspiring to make illegal political contributions and deceiving the Federal Election Commission.
Next news:The Palau government, in collaboration with the Japanese fintech company Soramitsu and the Ministry of Economy, Trade and Industry of Japan (METI), has launched a prototype system for blockchain-based savings bonds called "Palau Invest." The prototype has been completed, and a public demonstration system has been initiated.
Next news:Sun Yuchen received 3.62 million EIGEN tokens unlocked last night and deposited them all into Binance. Since October 1, Sun Yuchen has claimed and deposited a total of 8.86 million EIGEN (35.61 million USD) into Binance at an average price of 4.02 USD.
Next news:Google Search has integrated ENS domain balance display. Currently, searching for an ENS domain in Google Search allows users to view the $ETH balance, referencing data from Etherscan. Since May 2023, users can view the $ETH balance by searching for Ethereum addresses in Google Search.
Next news:The Bitcoin staking protocol Babylon has announced the completion of its Cap-2 deposit activity, with a total of 22,891 $BTC staked.

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.