Day: January 17, 2026

Base Leads L2 Fees With $147K Daily as Most Chains Earn Under $5K

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CryptoRank data showed Base capturing nearly 70% of Ethereum L2 fee revenue in a single day, far ahead of Arbitrum. Base led Ethereum’s layer-2 fee rankings on January 14, generating about $147,000 in daily revenue, far ahead of Arbitrum’s roughly $39,000 and Starknet’s $9,000, according to figures shared by CryptoRank.io. The data points to a sharp concentration of activity on one network, even as most other Ethereum scaling chains struggled to clear $5,000 in fees over the same 24-hour period. Base Pulls Ahead as Fee Data Shows Widening Gaps…

Coinbase CEO Denies White House Clash Rumors After Stalled CLARITY Act

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Brian Armstrong, the CEO of crypto exchange Coinbase, denied reports that the White House is considering pulling support for the CLARITY Act, a crypto market structure bill, and also denied rumors that the administration is “furious” with Coinbase. “The White House has been super constructive here. They did ask us to see if we can go figure out a deal with the banks, which we’re currently working on,” Armstrong said.  On Friday, independent journalist Eleanor Terrett reported a clash between Coinbase and the administration of US President Donald Trump, with…

Steak ‘n Shake Says Bitcoin Stash Grew by $10 Million in Value

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Steak ‘n Shake, a fast-food restaurant chain that accepts Bitcoin (BTC) payments at its stores, announced on Friday that its BTC corporate treasury grew by $10 million in notional value. “All Bitcoin sales go into our strategic Bitcoin reserve,” the company said, adding that adopting BTC as a treasury asset has led to a flywheel effect that increases same-store sales, which, in turn, grows the company’s BTC stash. In May 2025, the company announced it would start accepting BTC as a method of payment at all its locations worldwide, in…

BTC Reserve Is a ‘Priority’ but Legalities Hinder Process

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Progress is being made toward establishing a Bitcoin (BTC) strategic reserve in the United States, but “obscure” legal provisions are holding up the process, according to Patrick Witt, the director of the White House Crypto Council.  Several government agencies are discussing the legalities and regulatory issues of establishing a Bitcoin strategic reserve, including the Department of Justice (DOJ) and the Office of Legal Counsel (OLC), Witt told the Crypto in America podcast. He said: “It seems straightforward, but then you get into some obscure legal provisions, and why this agency…

Trump Imposes New Tariffs Against These EU Nations Over Greenland: Will BTC Collapse Again?

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So far, BTC has remained still. The dispute over Greenland continues as numerous countries from the European Union sent military personnel to the island in a so-called reconnaissance mission. US President Donald Trump, who keeps claiming that his country needs to control the island, just announced a new set of tariffs against all nations that have sent troops. In a post on his social media platform TruthSocial, the POTUS said the tariffs will impact Denmark, Norway, Sweden, France, Germany, the United Kingdom, the Netherlands, and Finland. At first, the…

Trump announces 10% tariff on Denmark and key European allies over Greenland dispute

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Key Takeaways President Trump announced a 10% tariff on eight European countries over the Greenland issue. The tariffs will affect Denmark, Norway, Sweden, France, Germany, UK, Netherlands, and Finland. Share this article President Donald Trump announced today that Denmark and seven European allies will face a 10% tariff on goods exported to the US starting in February, unless Denmark agrees to sell Greenland. In a post on Truth Social, Trump stated that these countries have benefited for years from US protection and favorable trade treatment, and that it is now…

Ethereum Price Analysis: ETH Nears Major Roadblock on its Way to $4K

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Ethereum is slowly grinding higher after December’s recovery, but it’s now pressing into a heavy multi-month resistance cluster around $3.3–$3.5K. The price structure is constructive, and on-chain activity via active addresses is breaking higher, which is a positive backdrop. Yet, ETH is doing all of this right under resistance, so the next few days should decide whether we get a clean breakout or another rejection back into the range. Ethereum Price Analysis: The Daily Chart On the daily chart, ETH has bounced cleanly from the green demand zone around $2.7K…

What Happened With the Spot XRP ETFs Last Week?

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And, what happened to the underlying asset’s price in the meantime? January 7 broke the longest streak for any cryptocurrency-focused ETF on Wall Street, marking the first day in the red for the spot XRP funds after nearly two months of inflows. However, that has changed since then, and green continues to dominate. In this article, we will review what happened to the financial products last week and how XRP’s price responded. ETF Green Streak Back on Track CryptoPotato reported last weekend about the end of the streak, which…

Steak ‘n Shake adds $10 million in Bitcoin to its strategic reserve

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Key Takeaways Steak ‘n Shake’s Bitcoin holdings have grown to $10 million following a dramatic sales rise. The chain rolled out Bitcoin payments via the Lightning Network across all US locations last May. Share this article Steak ‘n Shake announced today that its strategic Bitcoin reserve has grown by $10 million after pledging to build its reserve using all Bitcoin payments. The American fast-food chain began allowing customers to pay with Bitcoin at all US locations last May via the Lightning Network. The move has been backed by many members…

Three Reasons Why Bitcoin’s ‘Real Breakout’ Toward $107K Has Begun

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Bitcoin (BTC) could reclaim $100,000 as support and rally toward $107,000 in the coming days, driven by a combination of supportive technical and fundamental metrics. Key takeaways: Bitcoin’s breakout is gaining traction, backed by bullish technicals and fading selling pressure. Macro signals lean bullish, with liquidity expansion and divergence between BTC and gold. Ascending triangle, bull cross raise BTC rally odds Bitcoin confirmed its breakout from a multi-week ascending triangle earlier this week and shifted into a textbook post-breakout retest phase. After pushing above the pattern’s upper boundary near $95,000,…