SoSo Daily Feb 9 | Brazilian Stock Exchange B3 to Launch Bitcoin Options and ETH, SOL Futures

According to sosovalue, the price of $BTC is 97,024 USD, an increase of 0.137% from yesterday. The market cap of $BTC is 1.92 trillion USD, accounting for 58.2% of the total market cap; $BTC's 24-hour trading volume is 22.77 billion USD, making up 26.4% of the total trading volume.
The price of $ETH is 2,660.6 USD, down 2.22% from yesterday; the market cap of $ETH is 320.69 billion USD, representing 9.7% of the total market cap; $ETH's 24-hour trading volume is 15.99 billion USD, comprising 18.5% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.9% of the total cryptocurrency market cap, and their combined trading volumes constitute 44.9% 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 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Eliza. As of 05:50 today, its market cap is 13.75M, with a coin price of 0.013750 USD, witnessing a 24-hour increase of 53.3%.
The second is Send. As of 05:50 today, its coin price is 0.027860 USD, with a 24-hour increase of 53%.
The third is Pencils Protocol. As of 05:50 today, its coin price is 0.22300 USD, showing a 24-hour increase of 47.7%.
In fourth place is Bitgert. As of 05:50 today, its coin price is 0.00000011667 USD, with a 24-hour rise of 46.8%.
In fifth place is BLOCKv. As of 05:50 today, its coin price is 0.056352 USD, increasing by 39.1% 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, 14 are up and 2 are down. Notably, AI, PayFi, and NFT sectors are worth mentioning.
AI sector has risen 7.21% relative to the UTC 0 time, led by gains in send (53.9%), VVV (33%), and SPORE (32.8%).
PayFi sector has increased 6.73% relative to UTC 0, with velo (22.5%), cirus (14.4%), and xno (12.4%) leading the rise.
NFT sector has risen 4.99%, with vee (40.8%), ME (36.4%), and sn (20.9%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:The Brazilian Stock Exchange, B3, is reportedly launching new cryptocurrency derivatives, including Bitcoin options and futures for Ethereum ($ETH) and Solana (SOL). This move marks a significant step in the integration of cryptocurrency products into traditional financial markets in Brazil. The introduction of these products is expected to provide investors with more tools for hedging and speculation, potentially increasing the liquidity and adoption of cryptocurrencies in the region.
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According to Wu Shuo, as monitored by Shield, the Ethereum Foundation has transferred 50,000 $ETH (worth approximately 131.60 million USD) to the EF: DeFi Multisig marked address to support and participate in the Ethereum DeFi ecosystem.

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According to @Julian__Fahrer, the Montana House of Representatives has introduced Bill No. 429, which proposes to authorize an investment of up to 50 million dollars in digital assets (specifically Bitcoin) with a market capitalization exceeding 750 billion dollars before July 15, 2025.

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The total number of cryptocurrency tokens listed on CoinMarketCap is approaching 11 million, with currently over 10.99 million different digital assets. The sharp increase in new tokens issued in 2024 and early 2025 is primarily driven by Meme coins launched on the Solana chain. Market analyst Ali Martinez recently predicted that the number of tokens competing for limited capital and investor attention will hinder the arrival of altcoin season. Martinez estimates that there are currently over 36 million altcoins, compared to fewer than 3,000 during the 2018 cycle and fewer than 500 during the 2013-2014 period. "Due to such a large supply, the market has undergone significant changes." (Cointelegraph)

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According to Wu, Tether CEO Paolo Ardoino tweeted that quantum computing is still far from posing a real threat to Bitcoin encryption. Bitcoin will transition to quantum-resistant addresses before any serious threat emerges. All living individuals with access to wallets will transfer their Bitcoin to the new quantum-resistant addresses. Any Bitcoin lost in wallets, including Satoshi's Bitcoin (if he is no longer alive), will be cracked and reintroduced into circulation.

Next news:Arweave's computing platform AO goes live on mainnet https://t.co/hZfTUlR6e8
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According to reports from @ai_9684xtpa, it has been monitored that 10 hours ago, an Ethereum whale allegedly sold 8,139 $ETH, which was acquired two years ago, worth $21.18 million. This address had previously withdrawn 13,459 $ETH from Binance and FTX between August 2021 and December 2022, at an average price of $1,358; if sold this time, it would yield a profit of $10.13 million.

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On February 8, the Bitcoin network's hash rate rose to 852 EH/s (7-Day SMA), surpassing the peak record of 840 EH/s set just days prior. It is predicted that mining difficulty will increase by 6.38%. Among 70 identifiable participants, 19 mining pools control 97.7% of the network's hash rate. (Bitcoincom)

Next news:According to FT, within three weeks of Trump's launch of the Meme coin, over 700 unauthorized cryptocurrencies were sent to his digital wallet. Analysis found that there are 167 tokens themed around the Trump family, with 67 of them using the word "official" in their names. Unauthorized tokens also targeted Trump's children: 30 mentioned Barron, 26 mentioned Ivanka, and 10 mentioned Eric. Additionally, 35 tokens attempted to connect with Trump's ally, Tesla CEO Elon Musk. Eswar Prasad, a senior fellow at the Brookings Institution, stated that Trump's involvement in Meme coins "opened the floodgates to deception and rampant speculation," putting ordinary investors at significant risk.
Next news:

According to Wu Shuo, Sebastian Siemiatkowski, co-founder and CEO of the renowned Swedish fintech company Klarna, stated that the company will "embrace cryptocurrency." As a fintech enterprise known globally for its "Buy Now, Pay Later" model, Klarna currently has approximately 85 million users, with a total transaction volume reaching 100 billion USD, and has partnered with over 500 thousand merchants.

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.