SoSo Daily Jan 16 | Bitcoin breaks above 98,000 USDT

According to sosovalue, the price of $BTC is 100,500 USD, an increase of 4.08% from yesterday. The market cap of $BTC is 1.99 trillion USD, accounting for 54% of the total market cap; $BTC's 24-hour trading volume is 56.16 billion USD, making up 31.6% of the total trading volume.
The price of $ETH is 3,451.5 USD, up 7% from yesterday; the market cap of $ETH is 415.89 billion USD, representing 11.3% of the total market cap; $ETH's 24-hour trading volume is 25.44 billion USD, comprising 14.3% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 65.3% of the total cryptocurrency market cap, and their combined trading volumes constitute 45.9% 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 23:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is De.Fi. As of 23:50 today, its market cap is 16.37M, with a coin price of 0.049000 USD, witnessing a 24-hour increase of 81.5%.
The second is Zus. As of 23:50 today, its coin price is 0.060220 USD, with a 24-hour increase of 55.1%.
The third is Wise Monkey. As of 23:50 today, its coin price is 0.000013972 USD, showing a 24-hour increase of 43.4%.
In fourth place is Shoggoth. As of 23:50 today, its coin price is 0.046750 USD, with a 24-hour rise of 43.4%.
In fifth place is Metronome. As of 23:50 today, its coin price is 0.40140 USD, increasing by 40.5% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Bitcoin breaks through 98,000 USDT
Next news:According to Wu Shuo, FOX Business reporter Eleanor Terrett has revealed that U.S. Senator Tim Scott has unveiled the priority list for the 119th Congress, which specifically emphasizes the development of a regulatory framework for digital assets. This regulatory framework will provide a tailored path for the trading and custody of digital assets, promoting consumer choice, education, and protection, while ensuring compliance with the relevant requirements of the Bank Secrecy Act. It will also create an open environment for new innovative financial technologies and digital asset products, such as stablecoins, to promote the development of financial inclusion.
Next news:The cryptocurrency business of the Stuttgart Stock Exchange accounts for 25% of its revenue, with trading volume tripling. The Stuttgart Stock Exchange is the owner of Boerse Stuttgart Digital.
Next news:According to Wu's report, Reuters has learned that the U.S. SEC will begin reviewing past cases involving cryptocurrency after Trump's inauguration, potentially freezing some lawsuits that do not involve fraud allegations, with some of these cases possibly being dismissed. The SEC may also quickly revoke accounting guidance that has made the costs of holding cryptocurrency tokens on behalf of third parties prohibitively high for some listed companies. Measures being considered by the new SEC include initiating related procedures to ultimately formulate guidance or rules clarifying under what circumstances the agency will consider cryptocurrencies as securities, and reviewing some cryptocurrency enforcement cases currently in court.
Next news:

The U.S. announced a seasonally adjusted CPI month-on-month rate of 0.4% for December, expected 0.30%, previous value 0.30%. The year-on-year CPI for December, not seasonally adjusted, is 2.9%, expected 2.9%, previous value 2.70%. The year-on-year CPI for December not seasonally adjusted in the U.S. has rebounded for the third consecutive month, reaching a new high since July 2024.

Next news:According to Wu, David Lisnard, the mayor of Cannes, announced on his LinkedIn account that he is promoting the integration of cryptocurrency payment systems for local merchants. The eighth Ethereum Community Conference (EthCC) will be held from June 30 to July 3, 2025. The city government will provide training on cryptocurrency payment technology, legal, accounting, and tax matters for local merchants at the Palais des Festivals on February 4, and plans to release a "crypto-friendly" merchant map.
Next news:U.S. District Judge John Koeltl in the Southern District of New York sentenced HDR Global Trading Limited (the parent company of the cryptocurrency exchange BitMEX) to two years of unsupervised probation and fined it $100 million. This ruling comes about six months after BitMEX pleaded guilty to violating the Bank Secrecy Act by failing to implement an effective anti-money laundering (AML) program. BitMEX previously stated in July 2024 that the related charges were "old news" and did not expect any additional fines. Following the ruling, BitMEX expressed disappointment over the additional fines but noted that the penalty amount was lower than what the Department of Justice had pursued over the past three years. (Cointelegraph)
Next news:Bitget has launched U-based PROM perpetual contracts.
Next news:

BNBChain today announced the launch of the fifth phase of its TVL incentive program. In this event, the BNBChain Foundation will provide up to 5% of the newly added TVL (calculated only on Staked BNB) in BNB as staking support for the top five staking or restaking protocols, which will be invested in the winning ecosystem projects. Additionally, the restaking protocol KernelDAO has announced a $40 million ecosystem fund to invest in and support BNBChain's DeFi projects. This phase of BNBChain's TVL incentive program will take place from January 21, 2025, to February 21, 2025.

Next news:

The RWA tokenization platform Brickken has completed a $2.50 million seed round financing, with a post-investment valuation exceeding $22.50 million, with participation from Psalion, Ergodic Fund, SNZ Capital, and others. Edwin Mata, co-founder and CEO of Brickken, stated that the new funds will be used to finance its expansion in Europe and promote "the transformation of asset management through blockchain." Part of the funding will be used to introduce more enterprise-level solutions to the platform, such as new API integrations, white-label options, and the introduction of AI agents. Brickken is the official tokenization solution provider for BNBChain. (Cointelegraph)

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.