SoSo Daily Jul 13 | Hong Kong Secretary for Financial Services and the Treasury: Only a small number of stablecoin licenses will be issued in the first phase, and asset tokenization such as ETFs will be promoted in the future.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 05:50 on July 13, 2025, according to sosovalue, the top five gainers are:
Top 1 gainer is $CESS Network. As of 05:50 today, its market cap is 24.78M, with a coin price of 0.0093500 USD, witnessing a 24-hour increase of 63.7%.
The second is $SHILL Token. As of 05:50 today, its coin price is 0.00024180 USD, with a 24-hour increase of 39.4%.
The third is IguVerse IGU. As of 05:50 today, its coin price is 0.0015534 USD, showing a 24-hour increase of 35.5%.
In fourth place is Tokyo Games Token. As of 05:50 today, its coin price is 0.013480 USD, with a 24-hour rise of 31.1%.
In fifth place is AllianceBlock Nexera. As of 05:50 today, its coin price is 0.015360 USD, increasing by 29.1% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Hong Kong Secretary for Financial Services and the Treasury Christopher Hui said in an interview that only a small number of licenses will be issued in the first phase of stablecoin regulation. Regarding whether it is possible to issue RMB stablecoins, he said that there are currently no restrictions on pegged currencies, but if it involves other regional currencies, it may be necessary to consult with relevant institutions. [Foresight News]
Next news:According to @Adam_Tehc's Dune panel data, the number of wallet addresses participating in the Pump.fun official website presale and completing KYC is 23,959, the number of wallet addresses that successfully purchased is 10,145, and the average subscription amount is $44,209. 89.7% of the $PUMP token presale was completed through the official website, and the total amount sold by various CEXs accounted for only 10.3%. Among the official website presales, there were 202 addresses with subscription amounts of $1,000,000, 138 with $500,000 to $1,000,000, 445 with $100,000 to $500,000, and 1,030 with $10,000 to $100,000. The largest number of users subscribed for less than $1,000, with 5,758. [ChainCatcher]
Next news:On July 13, according to Businesswire, Nuvve Holding Corp. (NVVE), a US-listed grid technology company, announced today the issuance of 5,029,403 shares of common stock (or common stock equivalents) at a public offering price of $0.95 per share, with expected gross proceeds of approximately $4.80 million (before deducting underwriting discounts, commissions, and issuance expenses). The company plans to use a portion of the net proceeds from this offering to advance the expansion of its corporate treasury strategy, which includes HYPE. [BlockBeats]
Next news:According to CloverPool data, the Bitcoin mining difficulty has been adjusted at block height 905,184, with the mining difficulty increasing by 7.96% to 126.27 T. The current average hashrate of the entire network for the past seven days is 907.68 EH/s. [ChainCatcher]
Next news:According to the Wall Street Journal, SpaceX has agreed to invest $2.00 billion in Musk's AI company, xAI. Musk's representatives have told investors that the possibility of commercial cooperation between SpaceX and xAI is increasing. It is reported that this investment is part of xAI's ongoing $5.00 billion equity financing. [Odaily Planet Daily]
Next news:

On July 13, according to Globenewswire, Singapore-based global agricultural commodity trading company Davis Commodities (Nasdaq: DTCK) disclosed today that it intends to evaluate the establishment of a strategic $SOL reserve as part of its broader digital innovation and capital diversification roadmap. DTCK is currently evaluating the feasibility of the following initiatives:

Diversified capital allocation: Consider allocating 5-10% of excess funds to Solana, subject to internal risk assessment and compliance review;

Tokenized commodity integration: Explore the use of $SOL as a utility asset for pilot projects involving tokenized ESG-certified agricultural trade and carbon credit-linked settlement;

Infrastructure partnership: Conduct preliminary discussions with blockchain infrastructure providers to assess stablecoin interoperability and on-chain settlement capabilities.

[BlockBeats]
Next news:On July 13, TheBlock reported that a U.S. Department of Justice document revealed that two individuals sent over 250,000 USDT to a wallet address associated with Nigerian scammers, mistakenly believing they were donating to President Trump's inaugural committee. The victims are identified as "Ivan" and "Mouna," while the CEO of crypto payment company MoonPay is Ivan Soto-Wright, and the CFO is Mouna Ammari Siala. One of the wallets involved in the fraudulent transaction was previously identified as belonging to Soto-Wright, and the wallet receiving the funds is registered under the name of Nigerian man Ehiremen Aigbokhan. [BlockBeats]
Next news:On July 13, CoinDesk reported that the co-founder of Indian cryptocurrency exchange CoinDCX said on Saturday that allegations that the exchange transferred user funds to a non-compliant entity in Lithuania were made by another Indian exchange, WazirX, which has been under scrutiny since a $230.00 million hack last year. WazirX accused CoinDCX of holding user funds in a Lithuanian entity that was not registered with the Indian Financial Intelligence Unit (FIU) until February 2025. CoinDCX denied the allegations in a statement, saying that the user funds in question were held by Neblio Technologies, an entity registered in India and compliant with FIU regulations. [BlockBeats]
Next news:

On July 13, French President Macron stated that France shares the same position as the President of the European Commission and "strongly" opposes the United States' announcement of a comprehensive 30% tariff on goods exported from the EU, effective August 1. This statement was released after the European Commission had engaged in intensive negotiations with the United States over the past few weeks, during which it put forward solid proposals in good faith.

Based on European solidarity, the European Commission needs to firmly defend the EU's interests. This especially means that if an agreement cannot be reached before August 1, it is necessary to accelerate the preparation of credible countermeasures and mobilize all available means, including the Anti-Coercion Instrument.

On this basis, France will fully support the European Commission's position in the negotiations. Negotiations will be further intensified in order to reach a mutually acceptable agreement before August 1, reflecting the mutual respect that the EU and the United States should have as trading partners, and safeguarding their common interests and close value chains.

[BlockBeats]
Next news:On July 13, TheBlock reported that Kraken's co-chief executive officer, Arjun Sethi, stated that $PUMP tokens will be airdropped to some users who were unable to complete orders due to "system limitations." According to Kraken staff, eligible users will soon receive email notifications, but some users complained that they were never able to successfully place orders. [BlockBeats]

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.