SoSo Daily Jan 10 | Renzo has launched the re-staking token bzSOL.

According to sosovalue, the price of $BTC is 93,936 USD, a decrease of 0.568% from yesterday. The market cap of $BTC is 1.86 trillion USD, accounting for 54.2% of the total market cap; $BTC's 24-hour trading volume is 59.14 billion USD, making up 33.4% of the total trading volume.
The price of $ETH is 3,262.7 USD, down 1.99% from yesterday; the market cap of $ETH is 393.09 billion USD, representing 11.5% of the total market cap; $ETH's 24-hour trading volume is 29.06 billion USD, comprising 16.4% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 65.7% of the total cryptocurrency market cap, and their combined trading volumes constitute 49.8% 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, according to sosovalue, the top five gainers are:
Top 1 gainer is Unifi Protocol DAO (UNFI). As of 05:50 today, its market cap is 6.33M, with a coin price of 0.80180 USD, witnessing a 24-hour increase of 41.8%.
The second is QASH. As of 05:50 today, its coin price is 0.016930 USD, with a 24-hour increase of 35.4%.
The third is tomiNet (TOMI). As of 05:50 today, its coin price is 0.016452 USD, showing a 24-hour increase of 30.6%.
In fourth place is BarnBridge (BOND). As of 05:50 today, its coin price is 0.54740 USD, with a 24-hour rise of 30.5%.
In fifth place is BOSagora (BOA). As of 05:50 today, its coin price is 0.014922 USD, increasing by 24.3% 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, 1 is up and 15 are down. Notably, the Others sector is worth mentioning.
Others sector has fallen by 2.47% relative to the UTC 0 time, led by declines in MOZ (-15.4%), maps (-14.9%), and RIF (-12.9%).
Today, there are no other sectors with a price change exceeding 2%.

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

According to Foresight News, the liquidity re-staking protocol Renzo has launched a re-staking token bzSOL. Users can stake SOL or BNSOL to mint it, with minting set to open on January 14 at 21:30 Beijing time. The first service supported by bzSOL is the Jito Tip Router, where users will receive additional re-staking rewards, which will be automatically merged into BNSOL.

Next news:

According to Wu Shuo, Fox reporter Eleanor Terrett disclosed that the U.S. Senate Banking Committee will establish the first cryptocurrency subcommittee under the leadership of Senator Tim Scott, similar to the House Financial Services Committee formed by Patrick McHenry in 2023. Senator Cynthia Lummis has reportedly been preliminarily selected as the chair of this subcommittee, with the final appointment to be confirmed in the committee vote next Thursday.

Next news:According to official announcements, South Korean cryptocurrency exchange Bithumb has announced the addition of the Sonic SVM (SONIC) and Safe (SAFE) KRW trading pairs, as well as the KRW and $BTC trading pairs for AHT Token (AHT).
Next news:

The UK Treasury revised the Financial Services and Markets Act 2000 on January 8, explicitly stating that cryptocurrency staking does not fall under the category of Collective Investment Schemes (CIS). The new regulation will take effect on January 31, with "qualified cryptocurrency staking" referring to the act of validating transactions on a blockchain, distributed ledger technology network, or similar technology. In the UK, a Collective Investment Scheme is any arrangement where participants derive profit or income, including exchange-traded funds (ETFs) and investment funds. (Cointelegraph)

Next news:According to Cryptonews, the Russian Ministry of Finance will sell Bitcoin assets confiscated from the Infraud hacker case, with the first batch consisting of approximately 10 million USD worth of Bitcoin from former Investigative Committee investigator Marat Tambiev. Marat Tambiev previously received a total of 1032.1 $BTC from the Infraud hacker organization. As Marat Tambiev has dispersed his Bitcoin across different wallets, law enforcement needs to apply for court rulings for each individual wallet. Currently, the first batch of liquidated assets is stored in a Ledger Nano X hardware wallet.
Next news:

Odaily Planet Daily reports that Coinbase, Google, a16z, and other key participants have teamed up to launch Aiccelerate, a new decentralized autonomous organization (DAO) aimed at accelerating the integration of cryptocurrency and artificial intelligence (AI). An announcement on January 9 revealed that the DAO will focus on promoting decentralized, open-source AI development and supporting high-potential projects across different ecosystems. Furthermore, Aiccelerate positions itself as a DAO that emphasizes both investment and development. Its primary mission is to drive innovation in what it calls the "agent AI" field. The DAO aims to establish a collaborative community composed of top developers from various frameworks. These experts will contribute to a range of agents and tools designed to advance the organization’s goals. Additionally, Aiccelerate will unify its initiatives through a token called AICC. The DAO will use part of its profits to repurchase its native tokens. The list of development advisors includes a16z founder Shaw, core contributor to Virtuals Protocol EtherMage, Nader Dabit, head of developer relations at EigenLayer, and Jason Zhao, co-founder of Story Protocol. In terms of investment, Aiccelerate's advisors include Andrew Kang and Marc Weinstein from Mechanism Capital, Justin Lee from Coinbase Ventures, and Anil Lulla from Delphi Digital. (Cryptoslate)

Next news:The Commodity Futures Trading Commission (CFTC) has issued a subpoena to Coinbase, requiring the provision of customer data for Polymarket.
Next news:Pump Science: Approximately 2.50 million BIO tokens are being airdropped to RIF and URO holders.
Next news:

Offchain Labs announced the appointment of Ira Auerbach as the head of its collaborative studio and venture capital department, Tandem. Auerbach previously served as the head of digital assets at Nasdaq and was the global head of business at the Gemini exchange. Tandem was established in August last year, focusing on supporting the technological challenges that hinder the widespread adoption of cryptocurrencies, currently including both collaborative studio and venture capital operations. Tandem has partnered with Espresso Systems and Ex Populus to develop decentralized sorting infrastructure and XAI blockchain, respectively. (TheBlock)

Next news:

According to Foresight News, monitored by The Data Nerd, a smart money invested 72 thousand dollars to purchase 17.10 million PIPPIN two months ago, with an unrealized profit of approximately 2.72 million dollars.

According to Foresight News, monitored by The Data Nerd, a smart money invested 72 thousand dollars to purchase 17.10 million PIPPIN two months ago, with an unrealized profit of approximately 2.72 million dollars.

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.