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10 #Bitcoin ETFs outflows 2,152 $BTC(-$201.21M) and 9 #Ethereum ETFs outflows 45,684 $ETH(-$148.11M) yesterday.

2025.01.11 00:58:15

Jan 10 Update:

10 #Bitcoin ETFs
NetFlow: -2,152 $BTC(-$201.21M)šŸ”“
#Fidelity outflows 2,752 $BTC($257.26M) and currently holds 205,488 $BTC($19.21B).

9 #Ethereum ETFs
NetFlow: -45,684 $ETH(-$148.11M)šŸ”“
#Fidelity outflows 44,998 $ETH($145.88M) and currently holds 415,503 $ETH($1.35B).
https://x.com/lookonchain/status/1877370746105889201

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CZ: Diversification of crypto assets will be more beneficial for Bitcoin.

Binance founder Changpeng Zhao (CZ) told attendees at the Bitcoin Asia 2026 conference that the crypto industry would develop far more slowly if it only consisted of Bitcoin. "Having other blockchains does not weaken Bitcoin; Ethereum, BNB Chain, and other networks actually help Bitcoin grow. Without alternative blockchains, Bitcoin would be smaller. What benefits Bitcoin also benefits other blockchains, so this industry is not a zero-sum game—there is no need to compete by taking from each other," Zhao said. Bitcoin has its own unique value: it is the largest cryptocurrency by market capitalization, the most decentralized, and will remain a reserve asset for a long time to come, Zhao noted. However, other blockchains offer more innovation, making it easier to test new concepts there. If Bitcoin can later adopt those innovations, that would be ideal, he added. "Most Bitcoin maximalists also recognize that pushing only Bitcoin is not always the best approach. I am a firm supporter of Bitcoin. This is a Bitcoin conference, now called Bitcoin Asia. In the early days, the entire crypto industry was referred to as the Bitcoin industry; we later started using the term 'crypto'." Zhao also pointed out that the term "crypto" is not ideal: most ordinary people find it too intimidating and overly mathematical, creating a sense of distance for non-mathematical audiences. He noted that "Web3" is a better name. "Terms and labels don't matter much to me. I strongly believe we should drive the entire industry forward. There should be multiple blockchains, exchanges, decentralized exchanges, and products—everything should be diversified. This fosters competition, more innovation, and greater momentum. Since the industry's core principle is decentralization, we should embrace diversity with an open attitude, not pit one part against another."

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The Chinese Meme coin "Niulai" on BSC surged 45% intraday, hitting a market capitalization of $59 million.

According to GMGN monitoring, the Chinese Meme coin project "Niu Lai" in the BSC ecosystem has seen a continuous price rally, with a 24-hour increase of 45%. Its market capitalization briefly touched $59 million before a slight pullback, currently standing at $57 million, with the token trading at $0.0575. Over the past hour, on-chain trading activity for "Niu Lai" has risen significantly, with its one-hour trading volume reaching approximately $2 million, and 24-hour trading volume at $14 million. The token previously hit an all-time high of $78 million. BlockBeats reminds users that most Meme coins lack practical use cases, are highly volatile, and investors should exercise caution.

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CZ: Unable to predict crypto hotspots for the next bull run; both RWA and AI are very strong, while existing narratives will also continue to develop.

Binance founder CZ stated at the Bitcoin Asia 2026 conference: "As for crypto hotspots in the next bull market, right now, RWA and AI are both very strong. Stablecoins will continue to grow, centralized exchanges will keep expanding, decentralized exchanges (DEX) will also grow, meme coins will keep rising, NFTs may make a comeback in some form, and DeFi will continue to expand. So I think many sectors will keep growing. I don’t know what the next big hotspot will be—it’s hard to predict. You know, in early 2017, I wouldn’t have predicted ICOs, yet half a year later we were already doing ICOs; six months before the NFT boom, I also couldn’t have foreseen it. So predicting the next big thing is very difficult. I believe it depends on entrepreneurs—like all of you here and those outside—you are the ones who create the next major trend. That’s pretty much all I have to say."

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怌OpenAI outplayed Tibo怍: The user changed their profile picture to a gray-haired old man avatar and hinted that the service quota will be reset tomorrow.

Beating AI News Flash: OpenAI core product lead Tibo Sottiaux recently appeared on Matthew Berman’s interview. Right after the episode aired, netizens noticed he looked drastically different from his original profile photo—longer hair and much more worn out. Soon, the "OpenAI aged me" meme went viral on X. Some users posted side-by-side photos and asked: "What did OpenAI do to you?" Tibo replied: "Hair grows, and it can be cut." He later launched a poll asking if he should get a haircut. Today, Tibo went all in by updating his X profile picture to the "tired version" from the interview, leaning into the meme. He joked that working at OpenAI for a few weeks equals the workload of years at other companies: "You can age so much in just a few days, it’s crazy." Shortly after, he added that he felt like he hadn’t pressed the reset button in 20 years, and planned to dig it out and dust it off tomorrow. This line was essentially a reminder to Codex users: "Time to log off!"

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CZ: The development of Real World Assets (RWA) will ultimately benefit Bitcoin, attracting U.S. stock market funds to enter the crypto market.

Binance founder CZ told attendees at the Bitcoin Asia 2026 conference: "Tokenized assets are a net positive for Bitcoin and the broader crypto industry. Those who understand Bitcoin will eventually explore other blockchains, tokens, and related areas; meanwhile, individuals entering the space through stock tokenization will also come to notice Bitcoin. For instance, right now in Hong Kong, Asians seeking to purchase US stocks face major barriers opening a brokerage account. For the small number who can secure US brokerage accounts, trading hours are highly inconvenient—US stock markets typically run from 11 PM to 4 AM daily. Tokenization actually democratizes access to stock markets, allowing people who couldn’t buy US stocks before to do so. They access these via crypto platforms, and once on these platforms, they are likely to gain exposure to Bitcoin that they wouldn’t have had otherwise. Over time, this effect will continue to build. So, what’s good for tokenized stocks is also beneficial for traditional stock markets and Bitcoin. I believe all these developments reinforce each other. The entire ecosystem is not a competitive space where one project goes up against another."

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Bitget launches the Simple Coin Earning Double Interest Boost Campaign, with up to 10% extra interest available for USDT subscriptions.

Bitget has launched a net deposit interest boost campaign, running from August 27 to September 10. During the event, VIP users who meet the specified net USDT deposit requirements and subscribe to the corresponding Simple Earn product can enjoy an extra interest rate of up to 7%; all users who meet the specified net USDT deposit requirements and subscribe to the corresponding Simple Earn product can get an extra interest rate of up to 10%. Additionally, from September 3 to September 10, users who meet the requirement of average financial holdings over the past 7 days and subscribe to the corresponding USDT or U Simple Earn products can enjoy an extra interest rate of up to 7.5%. No manual registration is needed for the campaign; the system will automatically verify participation eligibility. For more details, please refer to Bitget's official platform.

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