SoSo Daily Jan 29 | The Czech Central Bank plans to incorporate Bitcoin into its reserves.

According to sosovalue, the price of $BTC is 102,610 USD, a decrease of 0.146% from yesterday. The market cap of $BTC is 2.03 trillion USD, accounting for 56.1% of the total market cap; $BTC's 24-hour trading volume is 42.18 billion USD, making up 32.6% of the total trading volume.
The price of $ETH is 3,134.3 USD, down 1.65% from yesterday; the market cap of $ETH is 377.72 billion USD, representing 10.4% of the total market cap; $ETH's 24-hour trading volume is 19.09 billion USD, comprising 14.8% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 66.5% of the total cryptocurrency market cap, and their combined trading volumes constitute 47.4% 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 SpaceN. As of 11:50 today, its market cap is 133.32M, with a coin price of 3.3321 USD, witnessing a 24-hour increase of 968%.
The second is Pencils Protocol. As of 11:50 today, its coin price is 0.26370 USD, with a 24-hour increase of 401%.
The third is Covalent. As of 11:50 today, its coin price is 0.0077000 USD, showing a 24-hour increase of 114%.
In fourth place is IRISnet. As of 11:50 today, its coin price is 0.0048370 USD, with a 24-hour rise of 89.8%.
In fifth place is WATCoin. As of 11:50 today, its coin price is 0.00018640 USD, increasing by 43.1% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:The governor of the Czech National Bank plans to incorporate Bitcoin into its reserves. According to the Financial Times, the governor will propose a plan to consider adding Bitcoin to the national reserves. This initiative could signify a strategic shift for the country in the field of digital currency.
Next news:

According to SoSoValue, as of January 28th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $18.44M.

Yesterday, Grayscale's ETF GBTC had a net outflow of $0.00 , bringing GBTC's total historical net outflow to $21.86B.

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 $1.12B.

The Bitcoin spot ETF with the highest net inflow for the day was BlackRock's ETF IBIT, with a daily net inflow of $30.14M, with IBIT's total historical net inflow reaching $39.82B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $118.62B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 5.91%. The historical cumulative net inflow has reached $39.50B.

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

Next news:

Due to concerns about brand confusion, the artificial intelligence decentralized autonomous organization ai16z has been renamed ElizaOS. Shaw Walters, founder of Eliza Labs, announced the update on the ai16z Discord server on Sunday, positioning this change as a pivot towards progress. Previously, a16z's managing partner Chris Dixon stated in an interview that the similarity between the two entities "caused some confusion," adding, "I believe they are making adjustments. We have asked them to do so." (Decrypt)

Next news:

Due to the impact of the MiCA regulatory policy, Cryptocom will delist 9 tokens in Europe on January 31, including USDT, WBTC, DAI, Pax dollar (PAX), Pax gold (PAXG), PayPal USD, Cryptocom Staked $ETH (CDCETH), Cryptocom Staked SOL (CDCSOL), Liquid CRO (LCRO), and XSGD (XSGD). After disabling the deposit function, the exchange will continue to support withdrawals of the affected tokens until the end of the first quarter of 2025 and plans to fully delist on March 31. (Cointelegraph)

Next news:

According to Wu, Binance will launch the VVVUSDT perpetual contract on 2025-01-29 08:15 (UTC), with a maximum leverage of 25 times.

Next news:Bitwise has filed an application with the Securities and Exchange Commission (SEC) to launch a Dogecoin Exchange-Traded Fund (ETF). This move indicates growing interest in cryptocurrency-based financial products and aims to provide investors with more options to gain exposure to digital assets. The approval of such an ETF could potentially increase the mainstream adoption of Dogecoin and other cryptocurrencies.
Next news:The Federal Reserve is expected to maintain current interest rates during its meeting on Wednesday. This decision comes amidst ongoing economic evaluations and market conditions. Investors and analysts are closely monitoring the meeting for any indications of future monetary policy adjustments.
Next news:

According to Wu, FOX Business reporter Eleanor Terrett tweeted that former U.S. SEC Chairman Gary Gensler has returned to the Massachusetts Institute of Technology, where he will serve as a practice professor in the Global Economics and Management group and the Finance group. According to the university, he will teach and research artificial intelligence, finance, fintech, and public policy.

Next news:Paradigm commits $1.25 million to aid Tornado Cash co-founder in continued legal battle https://t.co/CYqrvZQxoj
Next news:

According to Wu Shuo, OnchainLens monitoring reveals that 3 hours ago, pumpfun deposited 90,000 SOL into Kraken, worth approximately 20.50 million USD. In 2025, pumpfun sent a total of 782,877 SOL, valued at 159.44 million USD. Pumpfun has accumulated earnings of 2,568,663 SOL, worth 579.46 million USD.

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.