SoSo Daily Jul 20 | $SOSO Is Officially Listed on Kraken

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 02:40 on July 20, 2025, according to sosovalue, the top five gainers are:
Top 1 gainer is Omnia Protocol (OMNIA). As of 02:40 today, its market cap is 462.60K USD, with a coin price of 0.019994 USD, witnessing a 24-hour increase of 97.5%.
The second is Elixir (ELX). As of 02:40 today, its coin price is 0.25550 USD, with a 24-hour increase of 88.6%.
The third is Artificial Liquid Intelligence (ALI). As of 02:40 today, its coin price is 0.0079000 USD, showing a 24-hour increase of 45.3%.
In fourth place is DAOBASE (BEE). As of 02:40 today, its coin price is 0.015735 USD, with a 24-hour rise of 42.4%.
In fifth place is Tezos (XTZ). As of 02:40 today, its coin price is 0.98810 USD, increasing by 41.6% 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, Meme, GameFi, and AI sectors are worth mentioning.
Meme sector has risen 3.38% relative to the UTC 0 time, led by gains in clay (40.9%), BAI (38.4%), and max (33.2%).
GameFi sector has increased 2.73% relative to UTC 0, with PIRATE (29.8%), duel (25.2%), and MORE (16.2%) leading the rise.
AI sector has risen 2.05%, with ali (47.9%), BAI (38.4%), and max (33.2%) leading the rise.

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

$SOSO is listed on Kraken. You can now trade $SOSO with USD & EUR on one of the world’s most trusted cryptocurrency exchanges.

Buy $SOSO NOW 🔗:

Next news:According to ZachXBT, the Indian centralized exchange CoinDCX was allegedly attacked approximately 17 hours ago, resulting in a loss of approximately $44,200,000.00, which has not yet been disclosed to the public. The attacker's address initially received 1 $ETH through Tornado Cash to initiate the operation and cross-chained some of the stolen assets from Solana to Ethereum. The affected CoinDCX hot wallet has not been publicly marked and is not included in the current proof of reserves, requiring manual attribution through counterparty analysis. This incident was first identified by the security firm Cyvers as an abnormal withdrawal behavior. [Wu Blockchain]
Next news:On July 20, according to on-chain analyst Ai Yi (@ai_9684xtpa)'s monitoring, "a whale who once exchanged $BTC for $46.05 million in $ETH" continues to increase its holdings. It has currently profited $4.93 million through two $ETH trades. 7 hours ago, the whale spent 2.31 million DAI to buy 649.62 $ETH through a transit address, at an average price of $3,560; since July 7, the third trade has accumulated 5,512 $ETH, worth $148.00 million, at an average price of $2,685, and is now showing a floating profit of $5.125 million. [BlockBeats]
Next news:UK Chancellor Rachel Reeves is considering selling Bitcoin assets seized by the police to fill public finance gaps. The assets are valued at over £5.000 billion, partly derived from 61,000 Bitcoins seized in 2018 from a Chinese Ponzi scheme, the current value of which has increased by about 20 times. The Home Office is pushing forward with the establishment of a "Crypto Asset Custody and Disposal Framework" to centrally manage and sell related crypto assets, and has tendered for the project with a maximum commission cap of £40.000 million. [The Telegraph]
Next news:A letter signed by two of El Salvador's top finance officials states that the country hasn't bought any Bitcoin since February, 2025, when its financing agreement with the International Monetary Fund (IMF) commenced, directly contradicting statements from the country's president, Nayib Bukele, and his Bitcoin Office.

The letter, released as part of the IMF's first program review on July 15, says "the stock of Bitcoins held by the public sector remains
unchanged." An attached document notes that El Salvador has provided the addresses of all hot and cold wallets to the IMF for review and monitoring. The letter was signed by central bank president Douglas Pablo Rodríguez Fuentes and minister of finance Jerson Rogelio Posada Molina.

Yet Bukele's administration has repeatedly touted new purchases of one $BTC daily since November of 2022, when Bukele announced the initiative. The country's Bitcoin Office claims the country's Bitcoin reserve holds about 6,242 $BTC, worth around $737 million. Blockchain intelligence firm Arkham backs up the daily 1 $BTC transfers, mostly from addresses tagged as Binance or Bitfinex hot wallets.

Bukele had previously stated that despite the IMF agreement, which secured a loan of $1.4 billion for El Salvador but required the country to reduce its Bitcoin activity, he would not stop buying BTC. "If [the $BTC purchases] didn’t stop when the world ostracized us and most 'bitcoiners' abandoned us, it won't stop now, and it won't stop in the future," Bukele previously saidon X.

However, the new report indicates that these may not be purchases, but rather the Salvadoran government consolidating Bitcoin it already owns. "Increases in Bitcoin holdings in the Strategic Bitcoin Reserve Fund reflect the consolidation of Bitcoin across various government-owned wallets," the IMF report states in a footnote.

The head of the Bitcoin Office, Stacy Herbert, has previously stated that El Salvador continues to buy Bitcoin in defiance of the IMF deal. "Some 'bitcoiners' trust the words of the IMF over the stacking actions of El Salvador recorded for eternity onto the Bitcoin blockchain," Herbert wrote on X in March. The Block was unable to immediately reach the Bitcoin Office for comment.

The IMF had previously said that the increase in Bitcoin in the country's reserve did not violate the terms of the financing deal. "We consulted with the authorities, and they have assured us that the recent increase in Bitcoin holdings in the Strategic Bitcoin Reserve Fund is consistent with agreed program conditionality," the IMF told a Forbes contributor in March. [The Block]
Next news:On July 20, the Shanghai Pudong New Area People's Court announced on July 16 a case of illegal exchange of virtual currency that was sentenced in March this year. The case shows that Yang, Xu and others operated domestic shell company accounts to provide stable currency (the transaction medium is Tether) for overseas accounts of unspecified customers, thereby realizing cross-border transfer of funds to obtain income. The amount of illegal foreign exchange transactions involved in three years reached 6,500,000,000.0 yuan. Among them, Yang was responsible for soliciting customers and allocating foreign exchange funds abroad, and Xu managed the public accounts of 17 shell companies in China, processing an average daily cash flow of more than 10,000,000.0 yuan, with clear division of labor and close cooperation. The disclosed case content shows that at the end of 2023, Ms. Chen, a Shanghai citizen, needed to remit money to her daughter overseas. Due to the restriction of my country's foreign exchange quota of 50,000 US dollars per person per year, she contacted an overseas "currency exchange company" (the domestic shell company A controlled by the aforementioned Yang Mou and others). According to the instructions, Ms. Chen remitted RMB to the account of Company A, and then her daughter's overseas account received the equivalent amount of foreign exchange, and the "currency exchange company" charged a certain percentage of the handling fee as a reward. For a long time, the criminal gang has provided illegal exchange services for domestic and foreign customers who have foreign currency and RMB exchange needs in the name of "collection and payment" overseas through cross-border "counter-knocking". [PANews]
Next news:On July 20, Yu Xian, the founder of SlowMist, issued a security alert, stating that there have been a large number of phishing email attacks targeting X platform users recently. These emails, with the subject "New login to X From XXX," can bypass the Gmail spam filtering system. Attackers impersonate abnormal account login notifications to trick users into clicking "Change your password" or "Review the apps" links, which actually redirect users to the official X third-party application authorization page. Once a user authorizes the attacker, they will gain the permission to post and forward tweets, and can control the user's account to publish content without their knowledge. Users must be vigilant, carefully handle any email notifications claiming abnormal login to their X account, and avoid clicking on links in emails and authorizing applications at will. [BlockBeats]
Next news:

News, July 20th, the White House issued a statement praising the passage of the "GENIUS Act," referring to it as a landmark piece of legislation that will pave the way for the United States to lead the global digital currency revolution. President Trump stated that the act "has created a clear and concise regulatory framework to establish and unleash the immense potential of a USD-backed stablecoin. This may be the greatest revolution in the fintech sector since the birth of the internet."

Bo Hines, Executive Director of the President's Digital Asset Advisory Committee, stated: "We are ensuring the dominance of the US dollar, fostering innovation, and ensuring that the United States permanently controls the future of digital finance."

White House Cryptocurrency Czar David Sacks said: "Today, we have achieved another historic legislative milestone, which is a significant step in President Trump's commitment to making the United States the capital of the world's cryptocurrency."

Treasury Secretary Scott Bessent said: "Blockchain technology will drive the next generation of payments, and the US dollar is about to go on-chain. Thanks to President Trump's visionary leadership. The GENIUS Act will help solidify the dollar's position as the global reserve currency for generations to come."

[BlockBeats]
Next news:On July 19, according to Lookonchain monitoring, the situation of a certain whale's 3x leveraged PUMP and LAUNCHCOIN long orders is not optimistic. Both are currently in a loss, and the current floating loss has exceeded $3.77 million. [PANews]
Next news:

On July 20, according to The Wall Street Journal, sources said that the government began reviewing SpaceX's contracts with the federal government just days after Trump raised the possibility of cutting off business ties with Musk's companies in early June. However, officials believe that most of the contracts cannot be canceled because they are critical to the Department of Defense and NASA.

After Musk escalated his personal attacks on Trump on June 5, Trump declared that the simplest way to save federal funds was to "terminate" Musk's corporate contracts. Days later, a senior official at the U.S. General Services Administration asked the Department of Defense, NASA, and other federal agencies to complete a spreadsheet listing all current contracts and other transaction agreements with SpaceX. After reviewing the data, White House and agency officials, including the Pentagon, determined that most of the contracts were critical to the Department of Defense and NASA. People familiar with the matter said that some of SpaceX's contracts may continue to be reviewed.

[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.