US publicly traded company DDC Enterprise increases its BTC holdings by 200, bringing the total to 1383 BTC

On January 16, Aastocks reported that Hong Kong Financial Secretary Paul Chan Mo-po touched on digital and crypto assets in his opening remarks at an event. He stated Hong Kong will further promote stablecoin development going forward, but emphasized a "stability-first-before-progress" approach to prevent illegal fund inflows and ensure financial system stability. Additionally, Chan noted Hong Kong is actively expanding its gold storage capacity, aiming to reach 2,000 metric tons total within three years. A central gold clearing system is now being built, with the Shanghai Gold Exchange invited to participate; operations are set to launch this year.

Kaito founder Yu Hu shared a timeline detailing recent events on X on January 16. Key dates: - Jan 13: Received an email from his account manager about a potential reassessment. - Jan 14: Got a legal notice from X and responded the same day. - Jan 15: Learned of content published by Nikita at the same time as the public. Yu noted he had addressed prior legal notices from X appropriately, so it was reasonable to wait for further clarification before making a one-sided announcement given the short time frame. Yaps is now closed. Kaito aims to expand cross-platform (TikTok, YouTube) and beyond the crypto space via Kaito Studio by 2026. The studio has been in the works for months and will complement Yaps as a new model. This shift won’t impact Kaito Launchpad, Kaito Pro, Kaito API, or the upcoming Kaito Markets. Additional roadmap details will be shared later.

Coinglass data (as of January 16th) shows the leading net fund outflows and inflows in the crypto spot market over the past 24 hours: ### Net Outflows (Top 3) - ETH: $182 million - BTC: $163 million - XRP: $41.41 million ### Net Inflows (Top 3) - AIN: $9.13 million - TRX: $7.83 million - WBTC: $3.56 million

On January 16th, market data shows several privacy coins surged again. As of press time: - Dogecoin: Up 11.6% on the day, currently trading at $92.62 - Shiba Inu: Up 34.4% on the day, currently trading at $2.2 - ZEN: Up 5% on the day, currently trading at $13.07 Note: Dogecoin and Shiba Inu are not typically classified as privacy coins, but the above reflects the original data provided.

January 16 — Per ChainInfo, a crypto whale or institutional investor that converted BTC to ETH two days prior has continued its activity today, swapping 404 BTC (valued at ~$38.84 million) for 11,533 ETH via cross-chain exchange THORChain. Over the past two days, the entity has exchanged a total of 686.1 BTC (~$65.17 million) for 19,631 ETH, with an average ETH purchase price of ~$3,302.

On January 16, Binance-backed crypto wallet Meme Rush announced it now supports the Flap protocol, allowing users to discover and trade the new Flap token via its website and mobile app, per official sources. Flap is a one-click social fair launch and trading platform focused on enabling fair, simple token distribution, unlocking community potential, and boosting widespread token adoption, according to the announcement.