According to data from Farside Investors, yesterday saw a net outflow of $458 million from Bitcoin spot ETFs in the U.S., with Fidelity’s FBTC experiencing an outflow of $268 million, Grayscale’s GBTC seeing an outflow of $108 million, and BlackRock’s IBIT recording an inflow of $63.47 million.
In addition, yesterday, Ethereum spot ETFs in the U.S. had a net outflow of $136 million, with Fidelity’s FETH seeing an outflow of $68.5 million, Grayscale’s ETHE having a net outflow of $84 million, and BlackRock’s ETHA experiencing an inflow of $20.5 million.
Base, an AI project based on DeepSeek on the Base chain, announced the airdrop of tokens to active users in the Base ecosystem, including holders of AERO, DEGEN, AIXBT, GAME, LUNA, VADER, CLANKER, and MOR. The TGE supply is 100 million tokens, with no presale or external investors, and an FDV of $20 million at launch. 50 million tokens (50%) will be airdropped to Venice users and the AI community; 35 million tokens (35%) will be allocated to Venice.ai company; 10 million tokens (10%) will be used for incentive funds; and 5 million tokens (5%) will be used for liquidity deployment. The snapshot was taken on December 31, 2024.
Venice Token is an AI project based on DeepSeek on the Base network, launched on January 27. It supports access to leading models such as Llama 3.3, QWEN 2.5 Coder, and the new DeepSeek. AI agents and users staking VVV tokens can access the Venice API for free.
According to Lookonchain monitoring, in the past 7 days, stablecoins (USDT&USDC) on the Ethereum mainnet increased by 2.06 billion, and stablecoins (USDT&USDC) on the Solana chain increased by 2.04 billion.
MicroStrategy founder Michael Saylor posted on social media that MicroStrategy has acquired an additional 10,107 bitcoins at an average price of approximately $105,596, with a total value of about $1.1 billion.
As of January 26, 2025, MicroStrategy holds 471,107 bitcoins, with a total acquisition cost of approximately $30.4 billion and an average acquisition price of approximately $64,511.
US stocks mixed, Nasdaq plunged more than 3%. In terms of individual stocks, due to the impact of DeepSeek, Nvidia fell nearly 17%, with a market capitalization evaporating nearly $600 billion. US tech giants will release their quarterly earnings reports intensively this week, and the market expects that the quarterly profit growth of the “US Tech Seven Giants” may be the slowest in nearly two years. Against the backdrop of valuations at historic highs, funds may sell early due to hedging needs.
Just this past weekend, DeepSeek surpassed ChatGPT and topped the list of free apps in the Apple App Store in the United States. DeepSeek’s newly released inference model, DeepSeekR1, is considered to be comparable to OpenAI’s latest products in key areas such as mathematics, programming, and inference. What’s more, the technical report released by DeepSeek shows that the training cost of DeepSeek R1 is only one-thirtieth of OpenAI’s latest large model. Well-known investor Marc Andreessen hailed it as “one of the most amazing and impressive breakthroughs”.
Wall Street analysts said that the impact of DeepSeek on global computing power has caused a sensation, shaking investors’ confidence in the profitability of AI companies and the strong demand for high-tech chips. The market has raised doubts about the high valuations of US technology giants, represented by NVIDIA.