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

According to sosovalue, the price of $BTC is 95,017 USD, an increase of 1.66% from yesterday. The market cap of $BTC is 1.88 trillion USD, accounting for 54.4% of the total market cap; $BTC's 24-hour trading volume is 62.19 billion USD, making up 36.3% of the total trading volume.
The price of $ETH is 3,309.9 USD, up 0.257% from yesterday; the market cap of $ETH is 398.78 billion USD, representing 11.5% of the total market cap; $ETH's 24-hour trading volume is 28.90 billion USD, comprising 16.9% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 65.9% of the total cryptocurrency market cap, and their combined trading volumes constitute 53.2% 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 PIPPIN. As of 11:50 today, its market cap is 222.23M, with a coin price of 0.22224 USD, witnessing a 24-hour increase of 125%.
The second is ChainGPT. As of 11:50 today, its coin price is 0.33832 USD, with a 24-hour increase of 62.6%.
The third is Cookie DAO. As of 11:50 today, its coin price is 0.66956 USD, showing a 24-hour increase of 42.2%.
In fourth place is aixbt by Virtuals. As of 11:50 today, its coin price is 0.55800 USD, with a 24-hour rise of 34.3%.
In fifth place is Opus. As of 11:50 today, its coin price is 0.022372 USD, increasing by 34.3% 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, 15 are up and 1 is down. Notably, AI, RWA, and NFT sectors are worth mentioning.
AI sector has risen 4.74% relative to the UTC 0 time, led by gains in pippin (148%), cgpt (65.1%), and cookie (40.6%).
RWA sector has increased 3.69% relative to UTC 0, with om (8.71%), LMR (7.72%), and ondo (4.26%) leading the rise.
NFT sector has risen 2.94%, with PENGU (7.34%), tdrop (7.26%), and dome (5.7%) leading the rise.

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 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:Binance will launch AIXBT, CGPT, and COOKIE.
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:

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:

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 reports from Wu, Lookonchain has monitored that a dormant wallet, inactive for 6 years, deposited 500 $BTC into Coinbase Prime 2 hours ago, valued at approximately 46.87 million USD. This wallet address received 500 $BTC 6 years ago when the price of $BTC was around 7,000 USD, worth 3.52 million USD.

Next news:The Sui Foundation announces 12 winning projects in the Hydropower Accelerator Program, covering multiple fields including DeFi.
Next news:
Next news:According to Wu, as reported by Greekslive, 19 thousand $BTC options are set to expire, with a Put Call Ratio of 0.65 and a maximum pain point of $97,000, representing a nominal value of $1.81 billion. Additionally, 141 thousand $ETH options are expiring, with a Put Call Ratio of 0.48 and a maximum pain point of $3,450, amounting to a nominal value of $460.00 million. Due to the weakness in the U.S. stock market and adverse macroeconomic factors, the market has experienced a significant pullback this week, with Bitcoin briefly falling below $91,000, marking a new low in nearly a month, while altcoins have seen even sharper declines. The implied volatility of short-term options has increased, and market panic sentiment has clearly grown.

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.