SoSo Daily Jul 15 | A dormant whale holding over 80,000 Bitcoin continues to transfer 7,843 Bitcoin to Galaxy Digital

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 17:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is TAC. As of 17:50 today, its market cap is 46.32M, with a coin price of 0.022892 USD, witnessing a 24-hour increase of 358%.
The second is KAP Games. As of 17:50 today, its coin price is 0.0029825 USD, with a 24-hour increase of 247%.
The third is Chainbase. As of 17:50 today, its coin price is 0.22015 USD, showing a 24-hour increase of 73.3%.
In fourth place is ZeroLend. As of 17:50 today, its coin price is 0.000057410 USD, with a 24-hour rise of 60.9%.
In fifth place is SelfKey. As of 17:50 today, its coin price is 0.00053220 USD, increasing by 52.3% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
Acccording to sosovalue, out of 16 sectors, 11 are up and 5 are down. Notably, NFT, $ETH, and DePIN sectors are worth mentioning.
NFT sector has risen 6.93% relative to the UTC 0 time, led by gains in DOOD (47.2%), PENGU (16.2%), and ANIME (6.45%).
$ETH sector has increased 2.88% relative to UTC 0, with $ETH leading the rise at 2.88%.
DePIN sector has risen 2.29%, with NODL (34.6%), NODE (15.5%), and SHDW (12.3%) leading the rise.

Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:

On July 15, according to Arkham monitoring, a dormant whale holding over 80,000 Bitcoin continued to transfer 7,843 Bitcoin to Galaxy Digital.

[BlockBeats]
Next news:According to market sources, the U.S. Department of Justice has concluded its investigation into the prediction platform PolyMarket, marking a victory for cryptocurrency betting during the U.S. presidency of Donald Trump. (Golden Ten) [Odaily Planet Daily News]
Next news:The U.S. House Rules Committee has passed a rule allowing for consideration of cryptocurrency-related bills on the House floor. Previously, it was reported that the final vote on three crypto legislations, including the U.S. GENIUS Act, is expected to take place tomorrow or Thursday. (Bitcoin Magazine) [Odaily Planet Daily News]
Next news:The U.S. annual CPI rate for June rebounded slightly, reaching a new high since February. The U.S. unadjusted CPI monthly rate for June was 0.3%, a new high since January, in line with market expectations. (Golden Ten) [Odaily Planet Daily]
Next news:

Longtime crypto skeptic Jamie Dimon isn't exactly embracing crypto, but he’s acknowledging that Wall Street can no longer ignore it.

"We’re going to be involved in both JPMorgan deposit coin and stablecoins to understand it, to be good at it,” the JPMorgan Chase CEO said during an earnings call on Tuesday, according to CNBC. “I think they’re real, but I don’t know why you’d want to [use a] stablecoin as opposed to just payment."

Dimon's statements come about a month after it was revealed that JPMorgan Chase, the world's largest bank, planned to pilot a stablecoin-like blockchain-based asset called JPMD, a token that will launch on the Coinbase-incubated Layer 2 network Base.

Although the bank is developing the JPMD token and Dimon has previously said JPMorgan Chase is “probably one of the bigger users of blockchain," the CEO's comments do, in a way, echo how far the thinking has come among traditional financial institutions.

In less than two years, much of Wall Street has changed its tune when it comes to crypto. BlackRock has a spot Bitcoin ETF with tens of billions of dollars in assets under management, a mark it has achieved at an impressive rate. Through its funds, Vanguard is the largest shareholder in Strategy, a technology company that appears to be focused only on accumulating Bitcoin in order to grow shareholder value.

JPMorgan is calling JPMD a "permissioned" deposit token that will represent commercial bank holdings. The bank's pilot program is expected to run for several months and will likely include the bank's institutional clients.

Naveen Mallela, the global co-head of JPMorgan's blockchain unit Kinexys, has said that institutions could use JPMD for onchain digital asset settlement and cross-border business-to-business transactions.

On the Bitcoin front, as both governments and corporations are buying up the cryptocurrency, Dimon said in May that JPMorgan would allow clients to buy $BTC, but would not hold the digital asset in custody.

Previously, Dimon has not only said that Bitcoin has no value, but he even referred to it as a Ponzi scheme as recently as this January.

Next news:

On July 15, Binance Wallet announced the exclusive launch of the Bonding Curve version of the Token Generation Event (TGE), with Hyperion (RION) as the first project. It is reported that the subscription activity will be held from 4:00 PM to 6:00 PM on July 16, 2025, Beijing time, and eligible users need to use Binance Alpha points to participate in the subscription. [PANews]

Next news:Binance will launch C and VELVET USDT perpetual contracts today at 17:00 and 17:15. [Foresight News]
Next news:

On July 15, Cointelegraph reported that payment solutions company Ripple has confirmed plans to apply for a Markets in Crypto-Assets (MiCA) license to expand into the EU market.

A Ripple spokesperson stated that the company intends to "achieve MiCA compliance" because it recognizes that "there are significant opportunities in the European market."

This announcement comes as Ripple completed the registration of Ripple Payments Europe S.A. in Luxembourg at the end of April this year.

[BlockBeats]
Next news:According to zoomer, Aqua 1, the unknown company that donated $100 million to Trump WLFI, has been revealed as the malicious market maker Web3Port. Aqua1 co-founder Dave Lee said before the news broke, "Today I discovered some factual errors in reports about myself and Aqua1. We have contacted the relevant reporters for clarification." [Foresight News]
Next news:U.S. Treasury Secretary Bessent stated that the "formal selection process has been initiated" for Federal Reserve Chairman Powell's successor, and there are currently several excellent candidates. The process will proceed at President Trump's pace. He pointed out that, according to convention, the Federal Reserve Chairman will also step down from the Board of Governors position upon completion of their term. Regarding external discussions about a "shadow Federal Reserve Chairman," Bessent clearly stated that if Powell continues to serve after his term ends, it may cause market confusion. [Bloomberg]

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.