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 Dec 9 | Trump: There are currently no plans to ask Powell to resign as Federal Reserve Chairman.

$BTC
$ETH
SoSo Newsletter
3KWords
Dec 9, 2024


Crypto Market Overview


Let's turn our attention to today's overall Crypto market situation.


As of 11:58 PM on December 8, 2024, according to sosovalue, the total market cap of the crypto market stands at 3.88 trillion US dollars, witnessing a decrease of 0.8% compared to yesterday; the total trading volume is 201.01 billion US dollars, marking a decline of 7.15% from the previous day.





Cryptocurrency Market Update


According to sosovalue, the price of $BTC is 101,140 USD, an increase of 1.31% from yesterday. The market cap of $BTC is 2.00 trillion USD, accounting for 51.6% of the total market cap; $BTC's 24-hour trading volume is 60.10 billion USD, making up 29.9% of the total trading volume.


The price of $ETH is 4,002.2 USD, up 0.149% from yesterday; the market cap of $ETH is 482.04 billion USD, representing 12.4% of the total market cap; $ETH's 24-hour trading volume is 20.01 billion USD, comprising 9.95% of the total trading volume.


The combined market capitalization of $BTC and $ETH accounts for 64.0% of the total cryptocurrency market cap, and their combined trading volumes constitute 39.85% 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 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Sender AI (ASI). As of 23:50 today, its market cap is 4.46M, with a coin price of 0.092400 USD, witnessing a 24-hour increase of 73.7%.
The second is Vega Protocol (VEGA). As of 23:50 today, its coin price is 0.056300 USD, with a 24-hour increase of 62.7%.
The third is IDEX. As of 23:50 today, its coin price is 0.098590 USD, showing a 24-hour increase of 59.3%.
In fourth place is Urolithin A ($URO). As of 23:50 today, its coin price is 0.073125 USD, with a 24-hour rise of 54.2%.
In fifth place is Supra (SUPRA). As of 23:50 today, its coin price is 0.056198 USD, increasing by 54.1% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 11 are up and 5 are down. Notably, RWA, NFT, and DeFi sectors are worth mentioning.
RWA sector has risen 2.36% relative to the UTC 0 time, led by gains in Usual (10.3%), smt (9%), and PROPC (7.29%).
NFT sector has increased 2.09% relative to UTC 0, with psl (23.9%), muse (22.7%), and xpnet (22.6%) leading the rise.
DeFi sector has risen 2.07%, with vela (223%), vega (67.6%), and idex (61.6%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

Odaily Planet Daily reported that U.S. President-elect Donald Trump stated during an interview on NBC's "Meet the Press with Kristen Welker" on Sunday that he would not seek to replace Federal Reserve Chair Jerome Powell when he takes office in January. When asked if he would seek to replace Powell, Trump told Welker, "No, I don’t think so." "I think if I told him, he would (resign). But if I asked him (to resign), he might not." (Jin Shi)


Next news:Cardano Foundation's X account was hacked, leading to false announcements about a new token and an SEC lawsuit. The account posted about a fake Solana-based token, $ADASOL, which saw significant trading before being identified as a scam. A subsequent false post claimed an SEC lawsuit against Cardano, causing confusion. The Cardano Foundation confirmed the hack and advised ignoring the compromised account's posts.
Next news:

Odaily Planet Daily reports that Sushi CEO Jared Grey summarized a comprehensive governance reform passed by Sushi DAO in April on the X platform, and released the Sushi 2025 product roadmap, which includes:

  • Wara (wara.exchange): A new integrated trading experience based on Solana;
  • Susa (susa.exchange): A brand new on-chain order book perpetual DEX launched by Sushi;
  • Kubo (kubo.bid): A new native perpetual contract product launched by Sushi Labs, initiating new markets through delta-neutral strategies;
  • Blade (part of SushiSwap): A new LVR AMM solution to eliminate MEV for blue-chip assets;
  • SushiSwap Aggregator: This product is already in development but will expand its distribution through the integration of new partners.

At the same time, in response to community comments, he stated that multiple token airdrops had already been announced in April.


Next news:

On December 5, when Bitcoin first broke through $100,000, Salvadoran President Nayib Bukele announced the country's Bitcoin investment portfolio data. The country's Bitcoin portfolio has accumulated an investment of approximately $270 million, with unrealized gains exceeding $333 million. According to Nayib Tracker data, El Salvador currently holds 6,180 Bitcoins, with an average purchase price of $44,739.88, yielding a return on investment of 122%. (Cointelegraph)


Next news:Wu learned that, according to on-chain detective ZachXBT's monitoring, the official Twitter account of the Cardano Foundation @Cardano_CF appears to have been hacked. The attacker posted false information claiming that the foundation was being sued by the SEC and would stop supporting the ADA token. Users are reminded to be cautious of scam risks.
Next news:

According to reports from Wu, on-chain detective ZachXBT monitored that a user on the Solana network suffered a phishing attack due to the hijacking of the WallStreetBets Twitter account, resulting in a loss of over $2.20 million in Meme tokens, including $1.43 million in PNUT, $400 thousand in ZEREBRO, and $130 thousand in ALCH. The attacker exploited a vulnerability in the Twitter mobile app, adding keys after hijacking the account, which were invisible to the original account holder and could not previously be reset through support. This vulnerability provided the attacker with long-term unauthorized access to the account.


Next news:

Odaily Planet Daily News OKX market shows that $BTC has rebounded and broken through 100,000 USDT, currently quoted at 100,005 USDT, with a 24H increase narrowing to 0.09%. (This news report was generated with AI assistance)


Next news:

Odaily Planet Daily reports that OKX market shows SUSHI breaking through 2.3 USDT, currently priced at 2.3386 USDT, with a 24H increase of 23.2%.


Next news:

Odaily Planet Daily News - MicroStrategy founder Michael Saylor has hinted at increasing his Bitcoin holdings for the fifth consecutive week, stating that there is still too much blue on the SaylorTacker website. (The website marks a green dot on the corresponding date each time MicroStrategy purchases Bitcoin, while the price trend line for Bitcoin is blue.)


Next news:

Odaily Planet Daily reports that Adam, a macro researcher at Greeks.live, stated on the X platform that the crypto market is booming, with ETF inflows maintaining their trend. Bitcoin has broken the $100,000 and Ethereum has surpassed the $4,000 psychological thresholds. Important data on CPI and the European Central Bank's interest rates will be released this week; however, recent cryptocurrencies have shown independent movement, with limited effects from the macro market. The flow of funds into ETFs and crypto-related US stocks deserves close attention. Bitcoin has successfully broken through $100,000, and altcoins are experiencing a comprehensive rotation upward, with several mainstream coins multiplying in value. The market's capital inflow is strong, and bulls are very powerful in this spot bull market. The options market remains relatively stable, and large transactions and market interest rates are worth monitoring. Currently, the implied volatility (IV) for major maturities is at a low level, while short-term IV has significantly decreased. As the bull market is vigorous, this presents a good opportunity to buy options. In terms of the crypto interest rate market, Bitfinex's interest rate market has recently been relatively stable, and suitable interest rate orders can be actively executed, especially during market movements that warrant special attention.



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==