🔍 Daily Briefing, February 9, 2026 📊 I. Key Data Fear and Greed Index: 9 (Extreme Fear) US BTC spot ETF: Net outflow of $358 million last week; US ETH spot ETF: Net outflow of $171 million last week. 📰 II. Important News of the Day 1️⃣ Macroeconomics and Regulation 1) On February 9th, US President Trump reiterated his prediction that the Dow Jones Industrial Average would reach 100,000 points before the end of his term. Earlier, he posted on Truth Social, stating, "The US stock market is hitting record highs, and national security is guaranteed, all thanks to our great tariff policies." Previous reports indicated that US stocks rebounded strongly on Friday, with the Dow Jones Industrial Average historically breaking the 50,000-point mark, marking its largest single-day gain since May of last year. Trump has repeatedly publicly shill for buying stocks, and subsequent market rallies are often directly related to his policy announcements and trade tariff adjustments. 2) U.S. Treasury Secretary Scott Bessant said on Sunday that even under Federal Reserve Chair nominee Kevin Warsh, he does not expect the Fed to rapidly shrink its balance sheet. San Francisco Fed President Daly said last Friday that one or two more interest rate cuts may still be needed to address the weakening labor market. 3) In the Japanese House of Representatives election held on February 8, the Liberal Democratic Party (LDP), led by Sanae Takaichi, won 316 seats on its own. This not only easily surpassed the 233-seat threshold for a majority but also directly exceeded the two-thirds majority (310 seats) requirement, marking the LDP's best performance since its founding in 1955. The market widely expects Takaichi to leverage this victory to continue pursuing aggressive fiscal expansion and strategic investments, leading to a significant jump in the Nikkei index and a weakening of the yen. 2️⃣ Industry News 1) On February 9th, the Financial Times published an article criticizing cryptocurrencies. The article stated that since its inception, Bitcoin has been on a path destined for a disastrous end. Last week, Bitcoin experienced its worst crash since 2022, wiping out all gains since Trump's re-election in 2024. The US certainly has a leader closest to being a "Bitcoin president," but even with the establishment of a strategic Bitcoin reserve, the pardoning of numerous crypto criminals, and the inclusion of crypto assets in 401(k) retirement accounts, Trump could not stem the selling pressure. People are beginning to realize that an asset sustained solely by wishful thinking has no bottom line on its value. 2) On February 9th, Andrew Kang, co-founder of Mechanism Capital, posted: "We are in one of the most extreme asymmetric moments in history. The only correct strategy now is to lengthen your time horizon and completely abandon short-termism... We are about to witness an exponential explosion in AI, robotics, energy, and innovation... We will compress more technological progress and economic growth than the entire history of human civilization. The speed of wealth growth will be astonishing, just like how cryptocurrencies created a large number of billionaires and multimillionaires in a short period of time, but on a much larger scale. Without early intervention, it will be difficult to buy rapidly rising assets at a reasonable price." 3) On February 8th, Chaitanya Jain, Bitcoin strategy manager at Strategy, posted on social media, "We will never stop buying Bitcoin." This followed previous reports that Strategy founder Michael Saylor had again posted information related to Bitcoin Trackers, stating, "The orange dot is important." Based on past patterns, Strategy typically discloses its increased Bitcoin holdings the day after such news is released. 3️⃣ Trends in companies I'm following/AI-related developments 1) According to reports, Xiaohongshu's technology team is developing a video editing AI product called OpenStoryline (version 1.0.0). The product is currently in the testing phase and may be open-sourced in the future. OpenStoryline is positioned as an AI-based creative tool, with core functionality supporting conversational editing. Its product performance is considered comparable to ByteDance's JiDream Little Lark and SenseTime's Seko 2.0. This move signifies that Xiaohongshu is further deepening its involvement in the short video creation ecosystem, leveraging AI technology to lower the barrier to entry for users creating videos. 2) ByteDance recently officially released a biomolecular structure prediction model called Protenix-v1. This model not only fully replicates the core capabilities of Google's AlphaFold3 (AF3), but also announced that its source code and model parameters are fully open-sourced under the Apache 2.0 license, breaking the technical barriers of top-tier biological models. The power of Protenix-v1 lies in its full-atom 3D structure prediction capabilities, enabling it to accurately handle complex biological systems, including proteins, nucleic acids (DNA and RNA), and small molecule ligands. According to AIbase, this is the first fully open-source model that, with the same training data, model size, and inference budget, achieves performance equal to or even surpasses AlphaFold3 in multiple benchmark tests. 3) Recently, Sam Altman was reported to have invested heavily in an AI startup called World Labs. Founded by Stanford University professor and former head of Google Cloud AI, Fei-Fei Li, the startup has raised over $100 million in a very short time, with its valuation soaring to the $1 billion level. World Labs' core focus is on giving AI "spatial understanding" like humans. Altman is optimistic about this area because while large-scale models have reached the pinnacle in language processing, they still have shortcomings in understanding the three-dimensional physical world. According to AIbase, Altman's investment is not simply financial support, but also reflects his strong confidence in the deep integration of "embodied intelligence" and artificial general intelligence (AGI). 4) Recently, the well-known self-hosted AI agent framework OpenClaw (formerly Clawdbot) suffered a serious supply chain attack. In a recent blog post, cybersecurity platform VirusTotal disclosed that the framework's extension platform, ClawHub, was infected with a large amount of malware disguised as practical tools. Attackers exploited OpenClaw's ability to execute shell commands, manipulate files, and initiate network requests to disguise trojans and data-stealing programs as community-developed "skills."