After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 23:50 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Eclipse (ES). As of 23:50 today, its market cap is 47.31M USD, with a coin price of 0.31540 USD, witnessing a 24-hour increase of 215%.
The second is Ani Grok Companion (ANI). As of 23:50 today, its coin price is 0.042391 USD, with a 24-hour increase of 130%.
The third is Moonveil (MORE). As of 23:50 today, its coin price is 0.054890 USD, showing a 24-hour increase of 77.2%.
In fourth place is DOSE (DOSE). As of 23:50 today, its coin price is 0.00024367 USD, with a 24-hour rise of 69.1%.
In fifth place is ForTube (FOR). As of 23:50 today, its coin price is 0.0011060 USD, increasing by 39.9% 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, 14 are up and 2 are down. Notably, ETH, Meme, and PayFi sectors are worth mentioning.
ETH sector has risen 7.58% relative to the UTC 0 time, led by gains in eth with a 7.58% increase.
Meme sector has increased 6.21% relative to UTC 0, with ani rising 125%, floki up 30.6%, and bonk up 29.9% leading the rise.
PayFi sector has risen 3.36%, with kasta up 25%, pip up 9.06%, and wallet up 8.99% leading the rise.

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

According to official news from Kraken, the AI-powered investment research and trading platform SoSoValue's platform coin $SOSO will soon be listed on its platform, and the $SOSO spot trading pair will be opened. SoSoValue provides users with services including market information & news access, AI Agent investment decision assistant, and the issuance and trading of index fund tokens ssi. It is committed to helping crypto market investors allocate crypto assets more efficiently, accurately, and easily through artificial intelligence (AI) technology and financial innovation. [Odaily Planet Daily]

Next news:On July 17, according to The Block, the U.S. House of Representatives passed a procedural vote on Wednesday by a vote of 215 to 211 to advance the GENIUS Stablecoin Act and the Clarity for Digital Asset Markets Act. The GENIUS Act would create a regulatory framework for stablecoins, has been passed by the Senate, and may be submitted to President Trump for signing this week. At the same time, lawmakers also agreed to vote later on a bill to prevent the Federal Reserve from directly issuing a central bank digital currency (CBDC) to individuals. A similar vote failed the day before due to concerns from some Republican lawmakers about CBDC-related provisions. [TechFlow]
Next news:

On July 16, Trump changed his tune, saying he had no plans to fire Federal Reserve Chairman Powell, and said, "Things will change in the next eight months, and I will appoint someone who performs well. Many people want to be the chairman of the Federal Reserve, and we will consider appointing Hassett, director of the White House National Economic Council, to a relevant position at the Federal Reserve. I am only interested in 'low interest rate people' serving as chairman of the Federal Reserve." (Golden Ten)

[BlockBeats]
Next news:According to Fortune magazine, Talos announced the acquisition of Coin Metrics for over $100 million. [Foresight News]
Next news:According to Zhitong Finance, Bank of America CEO Brian Moynihan stated that Bank of America has done a lot of work on stablecoins and expects Bank of America and the entire industry to make progress in this area. [Foresight News]
Next news:According to The New York Times, U.S. President Trump has drafted a letter to fire Federal Reserve Chairman Powell. [Foresight News]
Next news:On July 16, Trump Media & Technology Group announced plans to integrate artificial intelligence features into the iOS and Android applications, as well as the web version of Truth Social. (Golden Ten) [BlockBeats]
Next news:On July 16th, US-listed company Windtree (WINT) announced that it has signed a securities purchase agreement with Build and Build Corp for $60.000.000, with future subscriptions potentially yielding total proceeds of up to $140.000.000, bringing the total subscription amount to $200.000.000. The proceeds from the financing will be primarily used to launch the BNB treasury strategy and acquire BNB, thereby making Windtree a leader in BNB assets. Upon shareholder approval and satisfaction of other closing conditions, Windtree will become the first Nasdaq-listed company to offer direct investment exposure to BNB tokens. [BlockBeats]
Next news:According to Whale Alert monitoring, Tether Treasury has newly minted 2,000,000,000 USDT on the Ethereum chain. [Foresight News]
Next news:On July 16, according to the official announcement, Binance announced the launch of two exclusive BAS activities in the Binance wallet: 1. Pre-TGE: Eligible users can subscribe to the BAS token before it goes online for trading. 2. Booster activities share an additional 600 million BAS airdrop rewards by completing weekly tasks and supporting the early development of the project.
It is reported that BAS is a native verification and reputation layer built on BNB Chain, supporting on-chain KYC, identity authentication, and asset proof. It is suitable for scenarios such as RWA, DeFi, and token issuance, and aims to serve the scalability and compliance of the Binance ecosystem. [PANews]

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.