SoSo Daily Nov 14 | FBI Seizes Polymarket CEO's Phone and Electronics

According to sosovalue, the price of $BTC is 89,950 USD, an increase of 3.93% from yesterday. The market cap of $BTC is 1.78 trillion USD, accounting for 57% of the total market cap; $BTC's 24-hour trading volume is 130.27 billion USD, making up 32.5% of the total trading volume.
The price of $ETH is 3,222.6 USD, up 2.6% from yesterday; the market cap of $ETH is 388.07 billion USD, representing 12.4% of the total market cap; $ETH's 24-hour trading volume is 61.22 billion USD, comprising 15.3% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 69.4% of the total cryptocurrency market cap, and their combined trading volumes constitute 47.8% 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 05:50 UTC0 time, according to sosovalue, the top five token gainers are:
Top 1 gainer is Dora Factory. As of 05:50 today, its market cap is 230.05M, with a coin price of 0.23005 USD, witnessing a 24-hour increase of 452%.
The second is Comedian. As of 05:50 today, its market cap is 219.63M, with a coin price of 0.21964 USD, witnessing a 24-hour increase of 161%.
The third is Peanut the Squirrel. As of 05:50 today, its market cap is 2.17B, with a coin price of 2.1728 USD, showing a 24-hour increase of 144%.
In fourth place is BEER. As of 05:50 today, its market cap is 20.16M, its coin price is 0.000022679 USD, with a 24-hour rise of 134%.
In fifth place is Aeternity. As of 05:50 today, its market cap is 19.46M, its coin price is 0.045340 USD, increasing by 105% 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, 15 are up and 1 is down. Notably, Meme, Payment, and RWA sectors are worth mentioning.
Meme sector has risen 19.1% relative to the UTC 0 time, led by gains in Ban (139%), Pnut (137%), and $BEER (132%).
Payment sector has increased 7.27% relative to UTC 0, with btg (20.8%), xvg (18.2%), and xec (14.1%) leading the rise.
RWA sector has risen 6.66%, with nxra (35.4%), ctc (21%), and token (14.5%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:The Federal Bureau of Investigation seized Polymarket CEO Shayne Coplan’s phone and electronics. The move comes eight days after Polymarket correctly predicted former President Donald Trump would win this year's presidential election. U.S. presidential election bets on Polymarket reached more than $3 billion in trading volume. The FBI did not arrest Coplan. Anonymous quotes suggest the government is accusing Polymarket of market manipulation and rigging its polls in favor of Trump.
Next news:

According to SoSoValue, as of November 13th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $510.11M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00 , bringing GBTC's total historical net outflow to $20.18B.

Grayscale Bitcoin Mini Trust ETF $BTC had a net inflow of $ 61.30M，bringing Grayscale Bitcoin Mini Trust ETF $BTC's total historical net inflow to $646.35M.

The Bitcoin spot ETF with the highest net inflow for the day was BlackRock's ETF IBIT, with a daily net inflow of $230.81M, with IBIT's total historical net inflow reaching $29.15B.

Following that, Fidelity's ETF FBTC had a daily net inflow of $186.07M, with FBTC's total historical net inflow reaching $11.12B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $95.40B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 5.38%. The historical cumulative net inflow has reached $28.23B.

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

Next news:Phantom, the maker of the popular Solana wallet, has alerted iOS users about app resets and urges them to backup their recovery phrase. Some users reported being logged out and losing access to their wallets after a recent update. This is the second time users have reported issues with their Phantom wallets in recent weeks.
Next news:According to on-chain data, Tether issued an additional 1 billion USDT 30 minutes ago.
Next news:Pepe’s market cap briefly tops $10 billion on back of 77% price surge
Next news:The digital asset financial institution Arca and crypto investment firm BlockTower Capital have agreed to merge. The firms signed a letter of intent for an all-equity deal, and their respective business units will transition into a unified brand. BlockTower Venture Capital will remain independent. The merger is expected to lead to the emergence of new investment vehicles. BlockTower Capital has invested in Aptos Labs, Dapper Labs, and Solana, while Arca's portfolio includes Mintify and Bitwave.
Next news:According to Bloomberg, U.S. federal prosecutors noted in their sentencing recommendations for Gary Wang, a former FTX executive and programmer, that Wang provided "exemplary" cooperation and utilized his exceptional programming skills to develop tools that help the government detect potential fraud in the stock and cryptocurrency markets. The prosecution emphasized that Wang was the first insider from FTX to cooperate with the government and did not deceive customers or misappropriate funds like other co-conspirators. Wang is scheduled to be sentenced on November 20, and his attorney has requested the court not to impose prison time, pointing out that he did not actively participate in deceptive activities and cooperated fully with the investigation.
Next news:South Korean cryptocurrency exchange Bithumb has announced the launch of two new trading pairs: ALT/KRW and SWELL/KRW. ALT is a new cryptocurrency project, while SWELL is the cryptocurrency of Ripple. This initiative will further enrich Bithumb's trading offerings, providing users with more trading options.
Next news:On November 12, the Ethereum spot ETF had a total net inflow of $136 million, the first time in history that it had a net inflow for five consecutive days. The BlackRock ETF ETHA had a net inflow of $131 million per day. The total net asset value of the Ethereum spot ETF is $9.671 billion.
Next news:According to Wu Shuo, Coinbase has added WIF to its listing roadmap, with the goal of launching later today, as reported by Coinbase Assets.

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.