Soneium & Coop Records Redefine Music Ownership with On-Chain Monetization
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Daily Top Performer — Aleo (ALEO)
S&P 500 futures rebounded after Trump’s tariff announcement but fell 1% on Friday amid economic uncertainty. Gold rose to $2,865 on trade tensions and China’s buying, while strong U.S. jobs data may limit Fed rate cuts. Coindesk Indices, an index measuring broader cryptocurrency market performance was down by 1.07%, with Bitcoin and Ether dropping by 0.80% and 1.81%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this link.
Today's top performer is ALEO, which surged 9.7% after Aleo joined ETHDenver 2025 as a Meta Sponsor to drive blockchain innovation.
Aleo (ALEO), launched in 2024, is a privacy-focused Layer 1 blockchain using ZK proofs for secure transactions. It supports private DeFi and decentralized apps and is backed by $228M from investors like a16z. Aleo has joined ETHDenver 2025 as an official Meta Sponsor, contributing to the event’s mission of fostering innovation and pushing the boundaries of blockchain technology. ETHDenver expressed gratitude to Aleo and other sponsors for making the event possible.
Check Out the Latest Prices, Charts, and Data of ALEOUSDT Perp Contracts!
Talk of the Town
Soneium and Coop Records are partnering to revolutionize music monetization in Web3. Coop Records, a community-owned label with 600+ on-chain songs, aims to give artists fairer control over their work. Their first collection on Soneium features unreleased music from Tokyo-based producer NUU$HI, available on the Sonova NFT marketplace for seamless creator and collector experiences.
Bitcoin Spot ETF Flows
Date | GBTC (M USD) | Non-GBTC (M USD) | Total (M USD) |
03 February 2025 | 8.0 | (242.4) | (234.4) |
04 February 2025 | 19.5 | 321.2 | 340.7 |
05 February 2025 | 0.0 | 66.4 | 66.4 |
06 February 2025 | (42.2) | (98.0) | (140.2) |
07 February 2025 | 0.0 | 171.3 | 171.3 |
Total (weekly) | (14.7) | 218.5 | 203.8 |
Current Total (since inception): | (21,906) | 62,612 | 40,706 |
BTC Spot ETFs saw a net inflow of $203.8M from Feb 3-7, with GBTC outflows of $14.7M and non-GBTC inflows of $218.5M. Overall, cumulative GBTC outflows stand at $21.91B, while non-GBTC inflows total $62.61B, resulting in a net inflow of $40.71B.
Check Out the Latest Prices, Charts, and Data of BTCUSDT Perp and BTC/USDT Spot Contracts!
Airdrop to Watch
Inferium is launching a confirmed $IFR token airdrop through its Inferno Points program. Users can earn points by completing tasks and checking in daily, with a 3X boost for a 7-day streak. Major AI projects are partners, and points will be redeemable for tokens.