The hype of Chinese Meme coins fades as the market value of tokens like "WTF" and "Old Master" experiences a significant retreat.
On January 11th, data from GMGN (via the link https://t.me/gmgnaibot?start=i_m4TE56o8) shows that popular Chinese meme tokens on the BNB Chain have recently seen a broad pullback following a general rally. These include:
- **"I Stepped on the Horse"**: Market cap dropped from a peak of $52 million to $28 million, a roughly 46% decline.
- **"I Am Your Father"**: Market cap fell from a peak of $18 million to $11 million, a ~39% drop.
- **"Life K-Line"**: Market cap declined from a peak of $41 million to $16 million, a ~60% decrease.
- **"Binance Life"**: Market cap slipped from today’s high of $188 million to $153 million, a ~18% pullback.
- **"Hakim"**: Market cap dropped from today’s high of $48 million to $36 million, a ~25% decline.
- **"Love Myself"**: Market cap fell from a peak of $2.9 million to $1.8 million, a ~38% drop.
- **"Golden Shovel"**: Market cap declined from a peak of $3 million to $700,000, a ~39% decrease.
BlockBeats advises users that meme coins of
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The Russian Patent Office has approved Tether's trademark registration for its Hadron tokenization platform
On January 11, Russia’s Federal Service for Intellectual Property (Rospatent) approved the trademark registration for Tether—issuer of the USDT stablecoin—for its Hadron tokenization platform. Tether submitted the application to Rospatent in October 2025 and secured approval this month.
Launched by Tether in November 2024, Hadron is a tokenization platform supporting real-world asset (RWA) digitization, including stocks, bonds, loyalty points, and commodities. It allows businesses to issue digital tokens on blockchain networks. The newly approved Russian trademark is valid through October 3, 2035, covering blockchain financial services, cryptocurrency trading/exchange, crypto payment processing, and related advisory services.
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Michael Saylor reiterates Bitcoin Tracker Update, Hinting at More BTC Purchase
Jan. 11: MicroStrategy founder Michael Saylor has once again shared information related to its Bitcoin tracker.
Historically, MicroStrategy has disclosed its Bitcoin purchase details the day following such announcements.
### Notes on alignment with American English habits:
1. **Abbreviated date format**: Used `Jan. 11` (standard for U.S. news briefs, omitting year if context is clear).
2. **Clarity & accuracy**: Expanded `Strategy` to `MicroStrategy` (critical—Michael Saylor is *MicroStrategy*’s founder; readers would not recognize vague "Strategy").
3. **Conciseness**: Replaced wordy phrases like *"released Bitcoin Tracker related information"* with *"shared information related to its Bitcoin tracker"* (natural, active tone).
4. **Temporal precision**: Used *"the day following such announcements"* (more idiomatic than *"on the second day after such news is released"* for U.S. news).
5. **Present perfect tense**: Applied *"has shared"* / *"has disclosed"* to emphasize rece
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「Homie」 ETH Long Position Sees Over $2 Million Drawdown from Peak Profit, Entry Price $3,138.43
On January 11, on-chain analyst Ai Auntie (@ai_9684xtpa) noted that "Whale Brother" Huang Licheng currently holds a $34 million ETH long position.
His realized profits from this ETH position have retraced more than $2 million from their peak on January 7 (when ETH hit its high). The current entry price for the ETH position is $3,138.43.
Additionally, he holds a $250,000 HYPE long position, with an entry price of $24.4.
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Coinbase Bitcoin Price Premium Index has been in a negative premium for 5 consecutive days, currently at -0.126%.
January 11 — Coinglass data shows the Coinbase BTC Premium Index has held a negative premium for 5 consecutive days, currently at -0.126%. Over the past 28 days, it has been negative for 26 of those days.
BlockBeats Note: The Coinbase BTC Premium Index measures the gap between Bitcoin’s price on Coinbase (a leading U.S. exchange) and the global average. It’s a key indicator for tracking U.S. market capital inflows, institutional interest, and shifts in market sentiment.
A positive premium (Coinbase price > global average) typically signals: strong U.S. buying pressure, active entry of institutional/regulated funds, ample USD liquidity, and bullish sentiment. A negative premium (Coinbase price < global average) usually reflects: notable U.S. selling pressure, reduced investor risk appetite, rising market risk aversion, or capital outflows.
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EF Board Member: Ethereum's Future Depends on the Direct Integration of Zero-Knowledge Proofs
January 11: Hsiao-Wei Wang, Co-Executive of the Ethereum Foundation, noted that Ethereum is making steady progress toward a future where zk-SNARKs become a core network component—years of research now paired with real-world advancements. Zero-knowledge proofs are part of Ethereum’s mid-term roadmap, with breakthroughs seen over the past one to two years. While the network’s current upgrade priorities center on improving Layer 2 execution and Blob space, protocol-level zero-knowledge features are growing increasingly feasible.
Additionally, Ethereum researchers have unveiled a native zkEVM plan that would let the network default to using zero-knowledge proofs for transaction validation. This technology could drastically cut the computational work needed to secure Ethereum, enabling scalability without compromising decentralization or reliability. Wang emphasized that while the network continues to evolve, Ethereum’s core principles—anti-censorship, security, and neutrality—remain unc
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