Pantera Capital Crypto Fund Makes Over $21 Million Profit This Week
On January 18, Nansen data shows Pantera Capital leads this week’s crypto fund P&L leaderboard—three of its wallets have notched profits of $12.1 million, $6 million, and $3.6 million, respectively. Arrington XRP Capital also posted gains but on a smaller scale than Pantera, while most other funds delivered lackluster performance this week.
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Meme Coin "1" Surpasses $10 Million Market Cap Within 6 Hours of Launch, with a Trading Volume of $12.3 Million
Jan 18 — Per GMGN data, BNB Chain meme token “1” (tagline: “Ucan fix life in1day, you can change life in one day”) briefly topped $10 million in market cap. Its current market cap stands at $7.6 million, with $12.3 million in trading volume recorded in the first 6 hours post-listing.
BlockBeats reminds users that meme coins often lack practical use cases, face extreme price volatility, and investments should be approached with caution.
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X Launches Original Article $1 Million Reward Program
On January 18, X’s official creator account @XCreators announced the platform’s earnings distribution hit a record high at the end of 2025—its best showing since launching its creator monetization plan.
2026 is “the year of the creator,” X officials said, doubling down on writing—the area where creators excel most. The goal: recognize high-value, impactful content that shapes conversations, breaks news, and drives cultural progress. X’s Creator Studio will soon roll out a more detailed revenue overview dashboard. The platform will prioritize articles over short-form clips, aiming to make X the top place for creators to monetize their work—and this is just the beginning.
Additionally, X will award an extra $1 million to the next period’s highest-earning article. Eligibility rules:
- Original content (minimum 1,000 words)
- Primary metric: homepage timeline exposure (U.S. users only)
- No policy violations (hate speech, fraud, manipulative content)
- Published between Jan.
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Musk Claims $13.4B “Unjust Enrichment” from OpenAI and Microsoft
On January 18, a federal judge in California ruled against OpenAI and Microsoft’s motion to dismiss Elon Musk’s lawsuit, clearing the way for a jury trial in April, per U.S. News.
Musk’s legal team recently formally sought $134 billion in “unjust enrichment” damages, with expert calculations pegging OpenAI’s alleged unjust enrichment at $655 billion to $1.094 trillion and Microsoft’s at $13 billion to $25.1 billion—totaling roughly $790 billion to $1.34 trillion. Financial economist C. Paul Wazzan has been retained as an expert witness to verify the staggering figures.
When Musk co-founded OpenAI in 2015, he provided ~$38 million in seed funding, accounting for 60% of the early seed round. He also claims to have contributed his personal reputation, key connections, and experience scaling companies, asserting “without Musk, there would be no OpenAI.” OpenAI has since transitioned to a for-profit entity valued at around $500 billion, and Musk argues he is owed proportional compensa
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Cryptocurrency Market Sentiment Remains 'Neutral' Despite Substantial Recovery From Previous Lows
As of January 18, alternative data shows the cryptocurrency Fear & Greed Index stands at 49 today — down from 50 yesterday — keeping market sentiment in "Neutral" territory.
This marks a full recovery in crypto community sentiment, compared to last week’s average of 29 (indicating "Fear") and last month’s average of 16 (indicating "Extreme Fear").
Note: The Fear & Greed Index ranges from 0 to 100, with the following weighted indicators: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Market Dominance (10%), and Google Trends Analysis (10%).
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