SoSo Daily Jan 11 | The Cookie project team’s multi-signature wallet transferred approximately $12.55 million worth of COOKIE to Binance.

According to sosovalue, the price of $BTC is 94,351 USD, an increase of 0.42% from yesterday. The market cap of $BTC is 1.87 trillion USD, accounting for 54.5% of the total market cap; $BTC's 24-hour trading volume is 58.52 billion USD, making up 37.2% of the total trading volume.
The price of $ETH is 3,244.8 USD, down 0.593% from yesterday; the market cap of $ETH is 390.92 billion USD, representing 11.4% of the total market cap; $ETH's 24-hour trading volume is 24.97 billion USD, comprising 15.9% 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 53.1% 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 Last Memories (GEEK). As of 05:50 today, its market cap is 0E-8, with a coin price of 0.00067000 USD, witnessing a 24-hour increase of 70.9%.
The second is Quantstamp (QSP). As of 05:50 today, its coin price is 0.0011988 USD, with a 24-hour increase of 53.4%.
The third is Opus (OPUS). As of 05:50 today, its coin price is 0.028482 USD, showing a 24-hour increase of 48.6%.
In fourth place is Dolos The Bully (BULLY). As of 05:50 today, its coin price is 0.068878 USD, with a 24-hour rise of 46.5%.
In fifth place is ChainGPT (CGPT). As of 05:50 today, its coin price is 0.30930 USD, increasing by 43.2% 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, 7 are up and 9 are down. Notably, SocialFi and AI sectors are worth mentioning.
SocialFi sector has risen 2.27% relative to the UTC 0 time, led by gains in SUIA (33.7%), berry (12.6%), and acs (11.2%).
AI sector has decreased 3.8% relative to UTC 0, with max (-39.9%), swarms (-23.5%), and SEKOIA (-21.7%) leading the drop.

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

According to Wu Shuo, monitoring by Spot On Chain revealed that within 8 hours after Binance announced the listing of COOKIE, a multi-signature wallet related to the Cookie project transferred approximately 20 million COOKIE tokens to Binance, valued at about 12.55 million USD. This multi-signature wallet had previously received a total of 75 million COOKIE from the Cookie deployment wallet on June 13, 2024, and currently still holds about 20 million COOKIE, valued at approximately 11.33 million USD.

Next news:

Odaily Planet Daily reports that according to GMGN data, the price of Aiccelerate DAO's token AICC, which aims to accelerate the integration of cryptocurrency and artificial intelligence (AI), is currently $0.21, with a market capitalization of $231 million. Previously, it was announced that Aiccelerate is a new decentralized autonomous organization (DAO) launched by team members from Coinbase, Google, ai16z, and others, aimed at accelerating the fusion of cryptocurrency and AI. The announcement indicated that the DAO will focus on promoting decentralized, open-source AI development and supporting high-potential projects across different ecosystems. The DAO will also use a portion of its profits to repurchase its native token AICC.

Next news:

Cryptocurrency research firm Messari has laid off about 15% of its workforce as part of a restructuring effort aimed at optimizing business operations and focusing on the growth of its core product lines. Messari CEO Eric Turner stated that some contracts for contracted employees were not renewed, which is relatively common at the beginning of the year. Founded in 2018, Messari is a significant institution in the field of blockchain research, with a valuation that reached 300 million USD in 2022. (TheBlock)

Next news:

Odaily Planet Daily reports that according to on-chain analyst @ai_9684xtpa, since March 2024, a giant whale has profited $1.81 million from nine waves of PEPE trading and has once again increased its holdings of PEPE by $1.01 million after a week. 19 hours ago, he withdrew 57.20 billion PEPE from Binance, and as of now, he has accumulated 248 billion PEPE (approximately $4.36 million) in the tenth wave, with a cost of $0.00002003, currently facing an unrealized loss of $603 thousand.

Next news:

A federal grand jury in the Northern District of Georgia has indicted three Russian citizens, Roman Vitalyevich Ostapenko, Alexander Evgenievich Oleynik, and Anton Vyachlavovich Tarasov, for operating cryptocurrency mixers Blender.io and Sinbad.io, and for conspiring to launder money and operate an unlicensed money transmitting business. In 2022, North Korean hackers laundered 20.50 million USD using Blender. Blender was shut down in 2022, and Sinbad is suspected to be its renamed version, which was shut down by law enforcement in November 2023. If convicted, the three could face up to 20 years for money laundering and 5 years for operating without a license. Ostapenko and Oleynik were arrested on December 1, 2024, while Tarasov remains at large. (TheBlock)

Next news:

According to SoSoValue, as of January 10th (Eastern Time), Bitcoin spot ETFs experienced a total net outflow of $149.35M.

Yesterday, Grayscale's ETF GBTC had a net inflow of $13.51M, bringing GBTC's total historical net outflow to $21.57B.

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 $923.99M.

The Bitcoin spot ETF with the highest net inflow for the day was Fidelity's ETF FBTC, with a daily net inflow of $16.57M, with FBTC's total historical net inflow reaching $12.16B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $107.64B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 5.74%. The historical cumulative net inflow has reached $36.22B.

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

Next news:

According to Wu, Tim Kotzman, the founder and CEO of Jubilee Royalty, tweeted that Ethan Peck, an employee of the National Center for Public Policy Research (NCPPR), submitted a shareholder proposal to Meta in the name of his family's holdings in Meta shares. The proposal suggests that Meta consider incorporating Bitcoin into its asset allocation to combat inflation and optimize the company's financial management. The organization had previously submitted similar proposals to Microsoft and Amazon.

Next news:

According to Wu Shuo, data from SoSoValue indicates that on January 10th (Eastern Time), there was a total net outflow of $68.48 million from Ethereum spot ETFs. The Ethereum spot ETF with the highest net outflow yesterday was the Fidelity ETF (FETH), which saw a net outflow of $65.43 million. Currently, the historical total net inflow for FETH has reached $1.29 billion.

Next news:

According to Decrypt, North Dakota has become the latest state to consider incorporating Bitcoin into its asset allocation. The state legislature proposed Resolution No. 3001 on Friday, recommending that a portion of state funds be invested in digital assets and precious metals to mitigate the impacts of inflation. This proposal was initiated by several state legislators and aims to protect state finances through asset diversification. This move aligns with similar actions in other states, such as New Hampshire, Florida, and Texas, which are also promoting similar digital asset reserve programs.

Next news:Travis Ford, the CEO and co-founder of Wolf Capital Crypto Trading LLC, pleaded guilty to running a Ponzi scheme that defrauded 2,800 investors of $9.4 million. From January to August 2023, Ford falsely promised high returns of 1-2% per day to attract investments through the company's website and social media. He admitted to misappropriating funds for personal gain. Ford faces up to five years in prison for conspiracy to commit wire fraud, with sentencing pending.

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.