SoSo Daily Feb 15 | SEC Seeks Deadline Extension in Coinbase Case, Citing Possible Resolution

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 Neiro on ETH. As of 05:50 today, its market cap is 10.73K, with a coin price of 0.000010726 USD, witnessing a 24-hour increase of 123%.
The second is SafeMoon. As of 05:50 today, its coin price is 0.000055220 USD, with a 24-hour increase of 97.1%.
The third is Juventus Fan Token. As of 05:50 today, its coin price is 2.0440 USD, showing a 24-hour increase of 94.5%.
In fourth place is HOPR. As of 05:50 today, its coin price is 0.10890 USD, with a 24-hour rise of 82.7%.
In fifth place is Stader. As of 05:50 today, its coin price is 0.93150 USD, increasing by 43.3% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:The U.S. Securities and Exchange Commission (SEC) has requested an extension for the deadline in its case against Coinbase. The SEC cited the possibility of a 'potential resolution' as the reason for the extension request. This development suggests that there may be ongoing discussions or negotiations that could lead to a settlement or other form of resolution between the SEC and Coinbase.
Next news:Wisconsin has increased its holdings in the BlackRock Bitcoin ETF to 6 million shares, valued at approximately $321.50 million.
Next news:JUST IN: New York Stock Exchange files proposal to allow staking for Grayscale's Ethereum ETF.
Next news:

According to Wu, Argentine President Milei tweeted that a few hours ago, I posted a tweet, supporting a private startup project that I obviously have no connection to, just like countless times before. At the time, I did not understand the details of the project, and after gaining a deeper understanding, I decided not to continue promoting it (therefore I deleted that tweet).

Next news:

According to SoSoValue, as of February 13th (Eastern Time), Bitcoin spot ETFs experienced a total net inflow of $4.03B.

Yesterday, Grayscale's ETF GBTC had a net outflow of $6.86M, bringing GBTC's total historical net outflow to $21.97B.

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 $1.25B.

The Bitcoin spot ETF with the highest net inflow for the day was VanEck's ETF HODL, with a daily net inflow of $4.18B, with HODL's total historical net inflow reaching $5.06B.

Following that, BlackRock's ETF IBIT had a daily net inflow of $26.21M, with IBIT's total historical net inflow reaching $40.88B.

As of this writing, the total net asset value of Bitcoin spot ETFs stands at $116.67B, with the ETF net asset ratio (the market value relative to the total market value of Bitcoin) reaching 6.11%. The historical cumulative net inflow has reached $44.23B.

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

Next news:Wu reported that Fox Business reporter Eleanor Terrett tweeted that Tether is working with U.S. lawmakers to promote regulations for fiat-backed stablecoins. As the issuer of the world's largest stablecoin, USDT, Tether has faced controversy for not undergoing a comprehensive audit, typically only providing quarterly financial assessments from BDO. As the U.S. Congress drafts a regulatory framework for stablecoins, Tether CEO Paolo Ardoino stated that the company is actively communicating with lawmakers to promote relevant legislation and has committed to complying with laws that are ultimately passed. The bill is expected to be signed into law by President Trump as early as April. If passed, Tether will be required to undergo monthly audits by a U.S. accounting firm and maintain a one-to-one reserve with regulated approved assets.
Next news:Wu reported that Argentine President MILEI announced on his social media that he would issue LIBRA tokens for national financing. According to research by Conor, the project may be a scam. The reason is that the account is funded by an exchange that does not require KYC, and such large-scale projects are usually planned in advance with security measures like multi-signature. However, the tokens for this project were only created a few minutes before the announcement, which poses significant risks, and it is advised to avoid investing.
Next news:Wu reported that Coinbase Assets announced today the addition of Pyth Network (PYTH) to its listing roadmap.
Next news:According to reports, BNB Chain will launch a Memecoin Liquidity Support Program, where winning memecoin projects will receive BNB liquidity from the BNB Chain Foundation's wallet, which will be permanently retained in their liquidity pool. Participation requirements include: the memecoin must be natively issued on BSC, have a market capitalization of over 1 million USD, and more than 1,000 holders, among others. Rankings will be assessed based on indicators such as market capitalization, price increase, and trading volume. All liquidity will be injected into the most active pools in the form of 50% BNB and 50% memecoin, and it cannot be withdrawn.
Next news:JUST IN: 🇦🇪 Abu Dhabi's sovereign wealth fund discloses $436 million Bitcoin ETF holdings.

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.