Crypto Morning News: Fidelity Bitcoin and Ethereum ETFs see largest single-day net outflows; OKX to list Jambo (J) spot on January 22

Author: TechFlow

Yesterday's Market Dynamics

Fidelity Bitcoin and Ethereum ETFs See Largest Single-Day Net Outflows Since Launch

According to The Block, Fidelity’s spot Bitcoin and Ethereum ETFs experienced their largest single-day net outflows since launch on January 9. FBTC saw a net outflow of $258.7 million, while FETH had a net outflow of $147.7 million.

On that day, spot Bitcoin ETFs recorded total net outflows of $582.9 million, and spot Ethereum ETFs saw $159.3 million in net outflows. BlackRock’s IBIT suffered $124 million in net outflows—the third-largest daily outflow in the product’s history. Despite this, Fidelity’s ETF products remain second in cumulative net inflows among spot Bitcoin and Ethereum funds.

Analyst Miles Deutscher: Expects Significant Market Improvement in February, Advises Investors to Avoid Leverage and Wait Patiently for Opportunities

Prominent crypto analyst Miles Deutscher predicted a significant improvement in the crypto market in February. He cited several key factors: potential positive impacts from Trump taking office, market digestion of the DOJ’s Bitcoin sales, the Federal Open Market Committee (FOMC) entering its quiet period before March, and February's historically stronger seasonal performance compared to January.

Miles advises investors to stay calm under current conditions, hold spot positions, avoid using leverage, reduce short-term trading frequency, and gradually build high-conviction positions.

Kava Plans to Transition into a DeAI Blockchain by 2025, to Release AI Development Roadmap in January

Official sources announced that Layer 1 blockchain Kava plans to transform into the first decentralized artificial intelligence (DeAI) blockchain by 2025. Kava will release three major updates in January: a DeAI light whitepaper, the 2025 AI development roadmap, and a product enabling developers to embed AI functionality within dApps.

CryptoQuant CEO: Altcoin Market in Zero-Sum Game State, Only a Few Projects Expected to Survive This Cycle

CryptoQuant CEO Ki Young Ju noted that despite Bitcoin’s market cap doubling, the total altcoin market cap has yet to surpass its all-time high, indicating a zero-sum game environment. Currently, the altcoin market primarily relies on internal capital rotation with little new capital inflow. He expects only a small number of projects with strong use cases and compelling narratives to survive this cycle.

Open-Source Multi-Agent Framework ElizaOS Officially Launches on Arbitrum; AI Developers Can Apply for Dual Grant Programs

Official sources report that ElizaOS, an open-source multi-agent framework developed by a16z DAO, has officially launched on Arbitrum. The framework supports advanced multi-agent simulations, retrieval-augmented generation (RAG)-based conversational memory, and cross-chain deployment across the Arbitrum ecosystem.

AI developers can apply for two grant programs simultaneously: the $1 million Trailblazer program for independent agent developers, and the Stylus Sprint program supporting integration with Rust-based Stylus smart contracts. The integration of ElizaOS will provide developers with enhanced tools and deeper access to the a16z DAO ecosystem.

Binance Alpha Adds FAI, VERTAI, and VADER

Official sources confirm that Binance Alpha has added FAI, VERTAI, and VADER.

Freysa is a sovereign AI agent project built on Base. FAI currently has a market cap of $456.69 million.

VERTAI is a no-code AI model fine-tuning platform based on Ethereum, with a current market cap of $66.15 million.

VaderAI, based on Base, positions itself as the "BlackRock of the AI agent economy." VADER currently has a market cap of $79.71 million.

OKX to List Jambo (J) Spot Trading on January 22

OKX announced it will list Jambo (J) spot trading on January 22. The J/USDT trading pair will undergo batch auction between 18:00–19:00 UTC+8 on January 22, with spot trading officially opening at 19:00. Withdrawal functionality will be enabled the next day (January 23) at 18:00.

Previous news, Web3 mobile infrastructure provider Jambo announced it will launch its token $J on the Solana chain in January, with a total supply of 1 billion tokens.

DePIN Project Starpower Raises $2.5 Million, Led by Framework Ventures

Decentralized Physical Infrastructure Network (DePIN) project Starpower has completed a $2.5 million funding round led by Framework Ventures, with participation from Solana Ventures and Bitscale Capital.

Starpower is building a decentralized energy network incorporating battery storage and electric vehicles. The project currently has 1.5 million registered wallets, over 16,000 activated devices, and has generated $1 million in revenue. Previously, Starpower raised a $1.5 million pre-seed round led by DAO Alliance, bringing its total funding to $4 million.

Market Data

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