BitMEX co-founder Arthur Hayes posted on the X platform that the price of BTC will reach $1 million.

According to SoSoValue data, Bitcoin spot ETFs saw a total net outflow of $399 million yesterday (January 8th, Eastern Time). The Bitcoin spot ETF with the largest single-day net inflow was the Bitwise ETF (BITB), with a net inflow of $2.9558 million, bringing its historical total net inflow to $2.164 billion. This was followed by the WisdomTree ETF (BTCW), with a net inflow of $1.9187 million, bringing its historical total net inflow to $46.7495 million. The Bitcoin spot ETF with the largest single-day net outflow was the BlackRock ETF (IBIT), with a net outflow of $193 million, bringing its historical total net inflow to $62.658 billion. As of press time, the total net asset value of Bitcoin spot ETFs was $117.655 billion, with an ETF net asset ratio (market capitalization as a percentage of Bitcoin's total market capitalization) of 6.48%, and a cumulative net inflow of $56.653 billion.

According to SoSoValue data, Ethereum spot ETFs saw a total net outflow of $159 million yesterday (January 8th, Eastern Time). The Ethereum spot ETF with the largest single-day net outflow was BlackRock ETF ETHA, with a net outflow of $108 million. ETHA's historical total net inflow has reached $12.802 billion. This was followed by Grayscale Ethereum Trust ETF ETHE, with a single-day net outflow of $31.716 million. ETHE's historical total net outflow has reached $5.131 billion. As of press time, the total net asset value of Ethereum spot ETFs is $18.926 billion, with an ETF net asset value ratio (market capitalization as a percentage of total Ethereum market capitalization) of 5.05%. The historical cumulative net inflow has reached $12.528 billion.

Key takeawaysBTC ETF outflows total $934M over three daysOpen interest rises near $90K signaling leverage buildupAnalysts monitor $90K support and $86K downside zoneBTC Retreats After $93K RejectionBitcoin news shows BTC pulling back toward $89,250 after its third rejection near the $93,000 level. The decline followed an early-2026 rally that initially gained momentum on strong trading volumes.Despite the pullback, Bitcoin price remains above the monthly rolling VWAP, which turned positive at the start of the year. This suggests longer-term positioning has not fully weakened.Market context: ETFs and Macro PressuresBitcoin ETF data shows $934.8 million in net outflows over three days, led by major U.S. spot products. These outflows have weighed on broader crypto market sentiment, even as 2025 inflows remained structurally positive.At the macro level, expectations of a potential Federal Reserve rate cut later in 2026 continue to influence digital assets. Weaker labor data has supported easing bets, though persistent inflation remains a risk factor.Derivatives and On-chain SignalsBitcoin update from derivatives markets shows open interest increasing as BTC dipped toward $90,000. This pattern indicates new leveraged positions rather than broad position unwinding.Order book data highlights strong passive interest clustered near $90K. Analysts note that failure to hold above $89,000 could expose liquidity between $86,000 and $87,000.Bitcoin Outlook: Key Levels to WatchThe short-term Bitcoin forecast centers on whether BTC can reclaim the $91,600–$91,700 range. A recovery above this zone could reopen a test of $93,000.On the downside, sustained weakness below $89,000 would shift focus to lower support zones. ETF flows, Fed policy signals, and state-level adoption proposals remain key catalysts to watch.

The firm estimates that wallets tied to illegal activity absorbed at least $154 billion over the year. source: https://coindoo.com/stablecoins-now-power-most-crypto-crime-chainalysis-says/

According to PANews, BlockSec Phalcon has reported a flash loan attack on the SEI chain involving the Synnax contract. The attacker borrowed 1. 96 million WSEI, equivalent to approximately $240,000, and did not return the funds. The incident was triggered by a misoperation three blocks prior, where the address 0x9748…a714 mistakenly transferred funds into the contract, inadvertently providing financial support for the attack source: https://www.binance.com/en/square/post/34838126418657?utm_source=BinanceNewsRSS

According to PANews, BlockSec Phalcon has reported a flash loan attack on the SEI chain involving the Synnax contract. The attacker borrowed 1.96 million WSEI, equivalent to approximately $240,000, and did not return the funds. The incident was triggered by a misoperation three blocks prior, where the address 0x9748…a714 mistakenly transferred funds into the contract, inadvertently providing financial support for the attack. The attack path involved transactions TX1 and TX2, highlighting that chain misoperations can still pose significant risk points in DeFi attacks.

The Optimism Foundation has unveiled a new proposal aimed at directly linking the OP token’s value to the economic activity of the Superchain ecosystem. Announced on January 8, 2026, the plan would allocate 50% of Superchain-generated revenue toward monthly OP token buybacks, marking a significant shift in Optimism’s long-term tokenomics strategy. source: https://www.ethnews.com/optimism-proposes-op-buybacks-funded-by-superchain-revenue/

The latest deployment builds on its previously disclosed plan to stake $200 million in ETH across Linea and affiliated restaking partners. source: https://www.theblock.co/post/384870/sharplink-stakes-eth-linea?utm_source=rss&utm_medium=rss

Stablecoin transactions hit a record $33 trillion in 2025, rising 72% as pro-crypto US policy boosted adoption. source: https://www.cryptopolitan.com/crypto-stablecoin-transactions-soar-to-33t/

Cryptocurrencies are splitting into three parallel development tracks: the speculation and culture track (such as Meme Coin and niche public chains); the information and truth market track (centered on prediction markets); and the real economy and financial infrastructure track (such as stablecoins and RWA).

China’s decision to allow banks to pay interest on digital yuan wallets from Jan. 1 is emerging as a pointed challenge to U.S. stablecoin policy, exposing a growing divergence between Beijing’s state-backed digital currency strategy and Washington’s restrictions under the GENIUS Act.

US President Donald Trump said he will not pardon jailed FTX founder Sam Bankman-Fried, who is serving 25 years for fraud. Bankman-Fried’s appeal is still in progress, but Trump made clear his support for crypto does not extend to forgiving financial crimes.

By the end of 2026, it should become clearer whether privacy will become a lasting pillar of global financial infrastructure or continue to be a recurring point of friction between innovation and regulation.

After years of development, China's payment regulation has formed a comprehensive, multi-dimensional framework that integrates overall planning, account-based approach, standardized tools, stable systems, and compliant institutions.

Trump confirmed that he has finalized who will lead the Federal Reserve, but he did not officially announce it. On the same day, Treasury Secretary Bessant said that Trump might announce his choice around the time of the annual forum in Davos, Switzerland.

The future of currency is not determined by ideology, but by exit mechanisms.

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on MEME, DeFi, DAO, NFT, and the metaverse industry.

DEX, EVM, Hyperliquid, Perp: Second-hand Timeline for DEX: HYPE Crosses the Cutoff Line, EVM Reaches Its Ceiling - Golden Finance, There are no secrets in the crypto market, only the speed of dissemination.

When the market is anxious about the speed of innovation, it often overlooks Ethereum's core, non-replicable asset—a set of uncompromising values.