Odaily News According to a post on platform X by Alex Svanevik, CEO of Nansen, he criticized the fee structure of Coinbase Advanced. It is reported that the fee tier for his Coinbase Advanced account, calculated based on trading activity or asset holdings over the past 30 days, has been changed to Intro 1. The new Taker fee is as high as 1.2%, and the Maker fee is 0.6%. Alex Svanevik wrote: "120 basis points??? Coinbase's fees are simply outrageous."

Odaily News FTX creditor representative Sunil stated that FTX will begin payments on March 31. If you have completed KYC and the relevant documentation, then February 14 is the record date. (Cointelegraph)

Odaily News X Product Lead and Solana Advisor Nikita Bier previously disclosed the ongoing development of Smart Cashtags. Some crypto community users raised concerns about its crypto asset query backend, suggesting that some small-cap crypto assets not yet listed on mainstream exchanges might be unsearchable, ultimately forcing users to switch to DEXes for queries. In response, Nikita Bier stated that the API (Application Programming Interface) used by the X platform will be able to process virtually any content minted on-chain in near real-time. Furthermore, regarding user inquiries about whether self-custody wallets or even CEX widgets could be used for crypto trading on X in the future, Nikita Bier did not provide a clear response, replying only with a "following" emoji.

Odaily News The American fast-food chain Steak 'n Shake announced this week that it has allocated $10 million to Bitcoin, officially adding BTC to its corporate balance sheet. This move continues its crypto strategy of accepting Bitcoin payments at all its U.S. stores over the past eight months.

The company stated that this decision is part of what it calls a "self-reinforcing cycle": consumer Bitcoin payments drive sales growth, and the related revenue is continuously invested into the company's Bitcoin Reserve (SBR). This funds operational investments such as ingredient upgrades and store renovations without raising menu prices.

Steak'n Shake has been accepting Bitcoin payments via the Lightning Network at all its U.S. stores since May 2025, aiming to reduce credit card fees and attract younger crypto users. The company disclosed that same-store sales in Q2 2025 increased by over 10% year-over-year, and payment processing fees can be reduced by approximately 50% when customers choose to pay with Bitcoin.

This purchase, equivalent to approximately 105 BTC (at current prices), represents Steak'n Shake's most direct Bitcoin treasury allocation to date. Although the scale is far smaller than that of large public companies like Strategy, this case demonstrates that corporate-level Bitcoin accumulation continues to expand.

Odaily News a16z Crypto Managing Partner Chris Dixon posted on the X platform, stating that crypto developers urgently need clear rules. Although over the past five years, both parties in the U.S. and members of the crypto industry, including Trump, have worked closely to protect decentralization, support developers, and provide fair opportunities for entrepreneurs, the core purpose of the CLARITY Act is to achieve these goals. The bill is not perfect, its progress is still too slow, and it needs amendments before becoming law. However, if the U.S. hopes to continue being the best place globally to build the crypto future, it must accelerate the advancement of the CLARITY Act.

Odaily News According to data disclosed by Token Terminal, the market capitalization of euro-denominated tokenized assets has reached a new all-time high of $1.1 billion, representing a year-on-year increase of approximately 100%.

Odaily News dYdX Foundation has released the 2025 dYdX Ecosystem Annual Report. The report shows that the cumulative trading volume on the dYdX ecosystem has surpassed $1.55 trillion. The fourth quarter of 2025 was the most active trading period for the year, with quarterly trading volume recovering from approximately $16 billion in Q2 to $34.3 billion in Q4.

The report covers protocol activity, development, governance, and ecosystem growth. Key developments include: dYdX expanded its distribution channels through integrations with institutional platforms such as CoinRoutes, CCXT, Foxify, and Crypto.com; launched Solana-native spot trading functionality; initiated the DYDX token buyback program, with governance approving an expansion of the buyback ratio to 75% of the protocol's net income; by year-end, the number of DYDX holders reached approximately 98,000. Furthermore, the report details treasury management, the restructuring of the grants program, and progress on infrastructure upgrades aimed at improving execution consistency.

Odaily News According to Coinglass data, centralized exchanges (CEXs) recorded a cumulative net outflow of 1105.77 ETH over the past 24 hours. The top three CEXs by outflow volume are as follows:

· Bybit, outflow of 619.64 ETH;

· Binance, outflow of 456.22 ETH

· Coinbase Pro, outflow of 438.73 ETH.

Additionally, Bithumb saw an inflow of 351.85 ETH, ranking first on the inflow list.

Odaily News Defiance has announced its decision to close and liquidate the Nasdaq-listed Ethereum exchange-traded fund: the Defiance Leveraged Long and Yield Ethereum ETF (ETHI). The last trading day will be January 26, 2026. This ETF was launched last September and tracks Ethereum ETPs listed in the US market, employing a credit call spread strategy to seek yield. Additionally, Defiance will also close and liquidate seven other leveraged long and yield ETFs, namely: PLT, HOOI, SMCC, AMDU, HIMY, TRIL, and LLYZ. (Globenewswire)

Odaily News Cryptoquant analyst DarkFrost stated that the selling pressure from OG holders has significantly decreased. The 90-day average of spent UTXOs has dropped from the cycle high of around 2,300 BTC to the level of 1,000 BTC. The current trend leans more towards holding, which aligns with the largest net outflow of Bitcoin from exchanges since December 2024. Analysis indicates that Bitcoin has entered a breakout phase and may target a price of $107,000. Driving factors include technical indicators, reduced selling pressure from long-term holders, and continuous BTC outflows from exchanges. Regarding macro signals, Bitcoin's correlation with gold has turned negative. Historical data shows that in such cases, BTC has typically risen by an average of 56% within approximately two months.

Odaily News Token Terminal posted on platform X, stating that stablecoins other than USDC and USDT currently account for approximately 20% of Solana's total stablecoin supply, a significant increase from 3% a year ago. Beyond mainstream varieties, Solana currently hosts deployments of PYUSD, USDG, USD1, and over ten other stablecoins, including non-USD stablecoins such as the Swiss Franc (VCHF) and the Euro (EURC).

Native Solana applications are also launching their own stablecoins, such as wallet Phantom introducing CASH and Jupiter launching jupUSD. This indicates that the Solana application ecosystem has matured, with native teams expanding their products into various financial offerings. For Solana, this diversification reduces concentration risk and reflects issuer confidence. A year ago, regulatory issues at Circle could have threatened Solana's entire stablecoin foundation, whereas today's diverse issuers make the network more resilient. The choice of new issuers to deploy on Solana also demonstrates confidence in its ecosystem.

Odaily News On this day 17 years ago, January 17, 2009, Satoshi Nakamoto released the first version of the Bitcoin client v0.1, namely: Bitcoin v0.1 Alpha, which allowed anyone to start their own node from any computer.

It is reported that the source code for Bitcoin version 0.1.0 also included an Internet Relay Chat (IRC) client, designed to create a simpler method for message bootstrapping. Furthermore, it contained a framework for creating a virtual poker game. This game framework was added to the Bitcoin codebase on April 16, 2008, and was completely removed after Bitcoin version 0.8.2.

Odaily According to industry insiders, as the application of stablecoins in cross-border payments accelerates, a global remittance market worth approximately $900 billion is facing restructuring. Experts point out that stablecoins, leveraging blockchain technology, can significantly reduce the cost and time of cross-border transfers and are poised to challenge the traditional remittance system represented by Western Union.

World Bank data shows that the average fee for cross-border remittances remains above 6%, placing a particularly heavy burden on low-income groups sending money to developing countries. Experts believe that stablecoins enable peer-to-peer transfers directly through digital wallets, with significantly lower fees and friction compared to traditional channels.

On the regulatory front, US President Trump signed the GENIUS Act in July, establishing a federal regulatory framework for stablecoins and pushing them into the mainstream financial spotlight. Since then, traditional payment and remittance institutions, including Western Union and PayPal, have begun deploying stablecoin-related products.

Analysts note that traditional remittance institutions possess global customer networks and mature compliance systems, giving them an advantage in large-scale adoption; however, their existing business models could become obstacles to transformation. In contrast, crypto-native companies and large trading platforms (such as Coinbase, Kraken) have greater flexibility in technology and product iteration but still face challenges related to brand trust and regulatory implementation.

The market widely believes that competition in the remittance sector will evolve into a three-way contest among traditional financial institutions, crypto-native companies, and fintech platforms. As regulatory details are gradually refined, the penetration rate of stablecoins in the global remittance market is expected to continue increasing this year.

Odaily News: Alex Thorn, Head of Research at Galaxy Digital, stated that the scheduled review meeting for the crypto market structure bill by the US Senate Banking Committee has been postponed, highlighting deep-seated disagreements between Congress and the industry on several key issues, particularly focusing on stablecoin yield mechanisms and DeFi-related provisions.

The delay occurred just hours after Coinbase CEO Brian Armstrong withdrew his support for the bill. Armstrong publicly opposed the bill's language concerning tokenized securities, DeFi restrictions, and stablecoin yields. Senate Banking Committee Chairman Tim Scott subsequently announced the postponement of the hearing but has not yet released a new schedule. As the Senate is in recess next week, the earliest possible resumption could be between January 26th and 30th.

Alex Thorn pointed out that within just 48 hours, the bill draft was released late at night, over 100 amendments were submitted, and stakeholders continued to uncover new points of contention at the last minute, significantly increasing the difficulty of political coordination.

At the market level, following the announcement of the delay, crypto assets generally trended lower, with Bitcoin and Ethereum falling approximately 2% on the day; related US stocks also faced pressure, with Coinbase down 6.5%, Robinhood down 7.8%, and Circle down 9.7%.

In his analysis, Thorn believes that while consensus has largely been reached on the "market structure" itself, non-core but highly sensitive issues surrounding stablecoin yields, DeFi compliance, and granting the SEC regulatory tools in the tokenized securities space have created a political fault line that is difficult to bridge. "The surface gap in disagreements is not large, but the substantive chasm is deep."

Odaily News: OpenAI founder Sam Altman posted on platform X to address privacy concerns regarding the advertising plan. He stated that the reason ChatGPT is testing advertising features is because many users want to use AI frequently but are unwilling to pay. The team hopes to explore viable commercial paths through the advertising model. Regarding privacy concerns, ChatGPT's ad placements will adhere to clear principles: it will never accept any paid actions influencing ChatGPT's responses, and user conversation content will remain invisible to advertisers.

Odaily News: Coin Bureau posted on X, stating that BlackRock has withdrawn a total of 12,658 BTC (worth $1.21 billion) and 9,515 ETH (worth $31.3 million) over the past 3 days.

According to Arkham data, BlackRock currently holds 784,400 BTC (worth $74.68 billion) and 3.49 million ETH (worth $11.51 billion).