After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 11:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Hyperlane (HYPER). As of 11:50 today, its market cap is 52.47M USD, with a coin price of 0.29947 USD, witnessing a 24-hour increase of 158%.
The second is MemeCore (M). As of 11:50 today, its coin price is 0.43136 USD, with a 24-hour increase of 87.4%.
The third is Ben the Dog (BENDOG). As of 11:50 today, its coin price is 0.00063400 USD, showing a 24-hour increase of 59.7%.
In fourth place is CROSS (CROSS). As of 11:50 today, its coin price is 0.13471 USD, with a 24-hour rise of 49.6%.
In fifth place is Tanssi (TANSSI). As of 11:50 today, its coin price is 0.071781 USD, increasing by 43.9% 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, all 16 are up and 0 are down. Notably, NFT, Meme, and AI sectors are worth mentioning.
NFT sector has risen 9.9% relative to the UTC 0 time, led by gains in PENGU (33.8%), boson (9.73%), and mplx (6.89%).
Meme sector has increased 6.61% relative to UTC 0, with M (90.2%), BENDOG (53.2%), and PENGU (33.8%) leading the rise.
AI sector has risen 6.11%, with TAG (33.6%), DTEC (25.3%), and GORK (23.2%) leading the rise.

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

According to SoSoValue data, Bitcoin spot ETF saw a total net inflow of 218.04M USD yesterday (Eastern Time, July 9th).

The Bitcoin Spot ETF with the highest net inflow yesterday was BlackRock's ETF IBIT, with a daily net inflow of 125.58M USD, and the total historical net inflow of IBIT currently stands at 53.00B USD.

The second highest was Ark Invest and 21Shares's ETF ARKB, with a daily net inflow of 56.96M USD, and the total historical net inflow of ARKB currently stands at 2.75B USD.

As of the time of publication, the total net asset value of Bitcoin Spot ETFs is 139.39B USD, with an ETF net asset ratio (market capitalization relative to the total Bitcoin market cap) of 6.33%. The historical cumulative net inflow has reached 50.16B USD.

Source: https://sosovalue.com/zh/assets/etf/us-btc-spot

Next news:On July 10, on-chain analyst Onchain Lens (@OnchainLens) monitored that a whale deposited $4,000,000 USDC into Hyperliquid and opened a 1x leverage short position on the PUMP token. [Deep Tide TechFlow]
Next news:On July 10, according to on-chain analyst Onchain Lens (@OnchainLens), a cryptocurrency whale has spent 27.50 million USDT to purchase Ethereum and Aave tokens. The whale invested $25.00 million to purchase 9,187.52 Ethereum, at an average price of $2,721.00; and another $2.50 million to purchase 8,243.44 Aave tokens, at an average price of $303.27. After the transaction, the wallet still holds 3.61 million USDT. [Shenchao TechFlow]
Next news:On July 10, according to on-chain analyst Onchain Lens (@OnchainLens), the Royal Government of Bhutan transferred 212.31 Bitcoin to Binance exchange approximately 10 minutes ago, worth approximately $23.61 million.

In the past 10 days, the Bhutanese government has cumulatively transferred 350.74 Bitcoin to Binance, with a total value of approximately $38.50 million. [Deep Tide TechFlow]
Next news:According to Cointelegraph, Binance co-founder Changpeng Zhao's family office, YZi Labs, will support a new reserve management company that will offer investors investment opportunities linked to BNB and plans to list in the United States. YZi Labs said on Wednesday that it will support investment firm 10X Capital in establishing a BNB reserve company called "The BNB Treasury Company" and seek to list on "a major U.S. exchange." The company will be headed by David Namdar, a senior partner at 10X Capital and co-founder of Galaxy Digital, where he served as co-head of the company's trading division. [ChainCatcher]
Next news:According to Lookonchain monitoring, a newly created wallet withdrew 25,567 ETH, worth approximately $70.66 million, from Kraken in the past 8 hours. [Foresight News]
Next news:According to Bloomberg, Ant International will incorporate Circle's stablecoin into its global platform. [Foresight News]
Next news:On July 9, according to on-chain analyst Ember, GMX may have been hacked for assets worth approximately $42.00 million an hour and a half ago, including WBTC/WETH/UNI/FRAX/LINK/USDC/USDT. The initial funds for the hacker address that stole the assets were transferred from Tornado the day before yesterday. [Shenchao TechFlow]
Next news:Guotai Junan International recently published a digital asset research report entitled "Inspirations from Tether: Can Non-USD Stablecoins Break the Mold?" stating that with the implementation of stablecoin regulatory frameworks in major countries and economies around the world, the global digital asset market is also undergoing a historic transformation. The report points out that after years of development, non-USD stablecoins already have a foundation for expansion, and the "de-dollarization" trend since the beginning of this year has also provided new opportunities for non-USD stablecoins. Judging from the regulatory framework and development status of the existing stablecoin market, the stablecoin market is likely to show a "dual-track parallel" development characteristic in the future. [Foresight News]
Next news:July 10, according to the official announcement, Binance Futures will launch the following perpetual contracts:

7-11 07:00 (UTC): CROSSUSDT perpetual contract with up to 50x leverage;

7-11 07:15 (UTC): AINUSDT perpetual contract with up to 50x leverage. [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.