SoSo Daily Jun 30 | Yuxin Technology: Conducted in-depth contact with stablecoin issuers and signed a confidentiality agreement
Crypto Market Update
Let's turn our attention to today's overall Crypto market situation.
As of 11:59 PM Hong Kong time on June 29, 2025, according to sosovalue, the total market cap of the crypto market stands at 3.46 trillion US dollars, witnessing a decrease of 0.758% compared to yesterday; the total trading volume is 63.23 billion US dollars, marking an increase of 33.6% from the previous day.
Cryptocurrency Market Update - June 29, 2025
According to sosovalue, the price of $BTC is 108,360 USD, an increase of 0.988% from yesterday. The market cap of $BTC is 2.15 trillion USD, accounting for 62.3% of the total market cap; $BTC's 24-hour trading volume is 14.80 billion USD, making up 23.4% of the total trading volume.
The price of $ETH is 2,500.7 USD, up 2.67% from yesterday; the market cap of $ETH is 301.88 billion USD, representing 8.72% of the total market cap; $ETH's 24-hour trading volume is 10.04 billion USD, comprising 15.9% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 71.02% of the total cryptocurrency market cap, and their combined trading volumes constitute 39.3% 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 00:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Humanity. As of 00:00 today, its market cap is 90.82M, with a coin price of 0.049767 USD, witnessing a 24-hour increase of 134%.
The second is DeLorean. As of 00:00 today, its coin price is 0.0088560 USD, with a 24-hour increase of 79.1%.
The third is LootBot. As of 00:00 today, its coin price is 0.00082460 USD, showing a 24-hour increase of 51.6%.
In fourth place is LETSTOP. As of 00:00 today, its coin price is 0.083410 USD, with a 24-hour rise of 29.2%.
In fifth place is Shentu. As of 00:00 today, its coin price is 0.36990 USD, increasing by 26.2% over the last 24 hours.
As of 00:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Humanity. As of 00:00 today, its market cap is 90.82M, with a coin price of 0.049767 USD, witnessing a 24-hour increase of 134%.
The second is DeLorean. As of 00:00 today, its coin price is 0.0088560 USD, with a 24-hour increase of 79.1%.
The third is LootBot. As of 00:00 today, its coin price is 0.00082460 USD, showing a 24-hour increase of 51.6%.
In fourth place is LETSTOP. As of 00:00 today, its coin price is 0.083410 USD, with a 24-hour rise of 29.2%.
In fifth place is Shentu. As of 00:00 today, its coin price is 0.36990 USD, increasing by 26.2% over the last 24 hours.
Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 15 sectors, 15 are up and 1 is down. Notably, Layer2, AI, and GameFi sectors are worth mentioning.
Layer2 sector has risen 5.85% relative to the UTC 0 time, led by gains in ARB (18.3%), SKATE (12.9%), and EVER (12.2%).
AI sector has increased 4.89% relative to UTC 0, with NC (14.4%), REX (13.5%), and SAHARA (13.4%) leading the rise.
GameFi sector has risen 4.45%, with STOP (28.7%), VR (16.5%), and MORE (15.2%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:According to a report by CaiLian Press on June 29th, Yuxin Technology (300674.SZ) released an investor relations activity record, stating that policy breakthroughs in the stablecoin field are highly aligned with the company's globalization development strategy. Yuxin is starting systematic planning at the company level to provide strong support based on existing overseas business, including: 1) Actively connecting with core participants in all aspects of the stablecoin ecosystem recently, including in-depth contact with issuers and signing confidentiality agreements, focusing on discussing the entire process needs of stablecoin issuance, clarifying the specific responsibilities of all parties in the issuance process, sorting out feasible technical solutions, and integrating their respective advantages and resources; 2) Engaging in exchanges with institutions in emerging technology hotspots in Singapore to explore the specific implementation paths of RWA tokenization, including how to select suitable underlying assets, design compliant tokenization schemes, and formulate issuance strategies; 3) Communicating with specific closed-loop industry chain companies in the Middle East. Because this industry requires a closed loop, involving all aspects of the upstream and downstream of the industry chain, it provides application scenarios for stablecoins. Through stablecoin blockchain technology, the transparency of transactions in all aspects of the industry chain can be achieved, and a payment system can be built throughout the entire chain. [Shenchao TechFlow]
Next news:Spanish coffee chain Vanadi Coffee has announced an increase of 20 $BTC, now holding 54 BTC. The company's general shareholders meeting has approved the company's strategic shift, aiming to become the largest listed Bitcoin company in Spain, and will invest up to €1,000,000,000.00 to purchase Bitcoin. [Odaily星球日报]
Next news:According to Jinshi reports, Trump said in an interview that he doesn't think it is necessary to extend the tariff suspension period, but it can be extended. At the same time, Trump said he would suspend trade negotiations with Canada until they stop certain taxes. In addition, Trump reiterated that Canada should be the 51st state of the United States. [ChainCatcher]
Next news:According to the official announcement, Binance will adjust the collateral ratio of some assets under the portfolio margin mode at 06:00 (UTC) on July 04, 2025, involving cryptocurrencies such as OP, CRV, CAKE, ENS, RUNE, ROSE, ORDI, SUSHI, ONE, ALT, and MANTA. [ChainCatcher]
Next news:According to official news on June 29th, Binance Alpha has now launched Fuel Network (FUEL). Eligible Binance users can use Binance Alpha points to claim an airdrop of 5,550 FUEL tokens on the Alpha activity page within 24 hours after the start of trading. Users holding at least 170 Binance Alpha points can participate in the airdrop on a first-come, first-served basis until the airdrop pool is exhausted or the event ends. Please note that claiming the airdrop will consume 15 Binance Alpha points. Users need to confirm the claim on the Alpha activity page within 24 hours, otherwise they will be deemed to have given up claiming the airdrop. [深潮 TechFlow]
Next news:According to Coinglass data, the total liquidations across the network in the past 24 hours were $64,616,300.00, with long liquidations at $15,733,300.00 and short liquidations at $48,883,000.00. Among them, Bitcoin long liquidations were $220,000.00, Bitcoin short liquidations were $200,390.00, Ethereum long liquidations were $157,620.00, and Ethereum short liquidations were $440,780.00. In addition, in the last 24 hours, 47,116 people were liquidated globally, with the largest single liquidation order occurring on Binance - BTCUSDT with a value of $581,200.00. [ChainCatcher]
Next news:Alchemy's Engineering Lead, Noam Hurwitz, stated that stablecoins have become a pillar of internet payments, with adoption now exceeding major traditional card networks. The adoption of stablecoins is experiencing "explosive" growth and is becoming the default settlement layer for the internet. Companies like PayPal and Stripe are integrating stablecoins to leverage on-chain infrastructure for faster and cheaper transactions. Stablecoins make money "cheap, fast, global, and secure to transfer," which makes them popular for various uses and widely adopted in cross-border payments and prediction markets like Polymarket. (Cointelegraph) [Odaily Planet Daily]
Next news:On June 29th, according to Reference News citing the US "Newsweek" website, a recent "Newsweek" poll shows that US President Donald Trump's approval rating has fallen to a historic low. The survey shows that 43% of Americans are currently satisfied with Trump's performance, while 53% are dissatisfied, giving him a net approval rating of negative 10%. It is reported that Trump's poll numbers initially fell sharply after he announced "Liberation Day" tariffs in April of this year. Although his approval rating soon rebounded somewhat, his recent behavior seems to have rekindled public dissatisfaction with the White House. [深潮 TechFlow]
Next news:Strategy Executive Chairman Michael Saylor once again posted information about the Bitcoin Tracker on the X platform, this time writing: "21 years from now, you'll wish you had bought more." He usually discloses Strategy's Bitcoin holdings data the day after he posts Bitcoin Tracker information. [ChainCatcher]
Next news:According to Jinshi reports on June 29th, U.S. President Trump, when discussing the next Federal Reserve Chairman, stated that Walsh is very talented, but probably not him, and he does not want to pay 10-year debt at higher interest rates. [Shenchao TechFlow]
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.
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