SoSo Daily Jan 23 | CME is expected to launch XRP and SOL futures on February 10.

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 Tornado Cash. As of 23:50 today, its market cap is 68.76M, with a coin price of 18.044 USD, witnessing a 24-hour increase of 125%.
The second is Cros. As of 23:50 today, its coin price is 0.0099700 USD, with a 24-hour increase of 94.7%.
The third is Decentralized Social. As of 23:50 today, its coin price is 18.565 USD, showing a 24-hour increase of 60.1%.
In fourth place is Duko. As of 23:50 today, its coin price is 0.00050970 USD, with a 24-hour rise of 53.8%.
In fifth place is Vectorspace AI. As of 23:50 today, its coin price is 0.19892 USD, increasing by 52.5% over the last 24 hours.


Moving on, let's take a look at the sector performance in the crypto market.
According to sosovalue, out of 16 sectors, 4 are up and 12 are down. Notably, the Meme, GameFi, and DeFi sectors are worth mentioning.
Meme sector has fallen by 3.49% relative to the UTC 0 time, led by declines in DOGE (-27%), trump (-21.3%), and STRUMP (-17.7%).
GameFi sector has decreased by 3.5% relative to UTC 0, with MNRY (-13.8%), WAT (-13%), and roco (-12.3%) leading the drop.
DeFi sector has fallen by 3.59%, with RAFT (-27.9%), pbr (-16%), and rbx (-12%) leading the decline.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to Wu, Bloomberg ETF analyst James Seyffart has stated that the CME Group has seemingly added pages for XRP and SOL futures on its test site, indicating that both are expected to launch on February 10, pending regulatory approval. It is worth noting that the official website has not yet released any related information.
Next news:Coinbase has requested the U.S. Appeals Court to rule that cryptocurrency trades conducted on its platform should not be classified as securities. This move is part of Coinbase's ongoing legal efforts to clarify the regulatory status of digital assets in the United States. Paul Grewal, the Chief Legal Officer of Coinbase, is involved in this legal initiative.
Next news:The investment company of the Saudi prince has rejected cryptocurrency investments, citing a lack of practicality.
Next news:According to reports from French media @LeFildInfo on X, Eric Larch, the founder of cryptocurrency wallet provider Ledger, may have been kidnapped, with the kidnappers demanding a ransom in Bitcoin. Currently, the French police and the National Gendarmerie Intervention Group (GIGN) are conducting an investigation.
Next news:

The Ethereum Layer 2 project SOON has raised $22 million in funding through an NFT sale to celebrate the launch of its mainnet and invest in blockchain infrastructure. This round of financing was led by Hack VC, with participation from ABCDE, Anagram, Hypersphere, SNZ Capital, ArkStream Capital, and others. The announcement stated that a significant portion of the new funding will be used to support the development of the SOON ecosystem and to develop its infrastructure. (Cointelegraph)

Next news:Wu learned that P2P Validator and Lido co-founder Konstantin Lomashuk created a Twitter account for Second Foundation. Second Foundation published its first tweet, "hello world computer." Recently, Ethereum co-founder Vitalik wrote that the future of the world computer is decentralized, and the EF (Ethereum Foundation) is just a part of the world computer; some entities that may want to reform and push towards new heights are not actually the EF, but rather Consensys or other similar third-party institutions. The EF should confidently represent the aspects of Ethereum it can effectively represent, while consciously creating and nurturing an open space for other institutions to represent other aspects of Ethereum, which may even be more suitable for operating in a profit-oriented manner. Konstantin Lomashuk retweeted this tweet.
Next news:

According to Wu, Coinbase has announced that it will support Toshi (TOSHI) on the Base network, reminding users not to send the asset through other networks to avoid losing funds. Trading will commence on January 23, 2025, at 9 AM (Pacific Time) or later, subject to liquidity conditions. Toshi is a meme coin on the Base chain, named after Coinbase co-founder Brian Armstrong's cat and the pseudonymous creator of Bitcoin, Satoshi Nakamoto.

Next news:BlackRock CEO Larry Fink can see a world where bitcoin hits $700,000 https://t.co/vjtR1yKtxh
Next news:SOL breaks above 270 USDT
Next news:

Cryptocurrency wallet provider Keplr announced the completion of a $5 million seed round financing, with a post-investment valuation of $50 million. This round of financing was led by 1confirmation, with participation from Coinbase Ventures, HashKey Capital, and others. Founded in 2021, Keplr focuses on the Cosmos ecosystem and gradually supports EVM-compatible chains and non-EVM ecosystems such as Starknet. Keplr stated that there are currently no plans to issue tokens and will focus on building ownership, verifiability, and usability of the platform. (The Block)

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.