De Nederlandsche Bank reported that Dutch companies, institutions and households held about €1.2 billion in indirect crypto securities as of October 2025, up from roughly €81 million at the end of 2020. These holdings, concentrated in a small number of foreign-issued ETFs, ETNs and crypto treasury shares, still account for only 0.03% of the Dutch securities market despite strong price-driven growth. Pension funds, investment funds and households each show distinct patterns of exposure across ETFs, ETNs and crypto-related equities.

On January 20, 2026, X open-sourced the core architecture of its feed-ranking algorithm, built on a Grok-based transformer model. The company outlined an end-to-end machine-learning system in Rust and Python and pledged four-week public updates with developer notes. The move coincides with stricter policies on crypto-linked engagement apps.

Bitcoin has declined for five consecutive sessions, retreating from highs last seen in November and struggling to hold above $92,000. According to Samer Hasn of XS.com, the sell-off reflects profit-taking and broader risk aversion amid political and macro uncertainty. Spot demand shows resilience, with US Bitcoin ETFs recording their strongest weekly net inflows since October and futures open interest down about $9 billion.

K33 launched a crypto-collateral lending product, letting eligible clients borrow USDC against Bitcoin and select digital assets. The firm, listed on Nasdaq First North Growth Market, tied the service to its Bitcoin treasury strategy and will start with a limited onboarding phase. Clients can register interest, with terms decided case by case.

Ethereum is now processing a record volume of transactions while average gas fees have fallen to about $0.15, the lowest level in the network's modern history. Recent protocol upgrades, a higher block gas limit and growing layer-2 usage have expanded effective capacity, while stablecoin transfers and increased staking activity indicate renewed confidence in Ethereum.

Bitcoin’s computing power fell below 1,000 exahash per second for the first time since mid-September, with the seven-day average around 993 EH/s, according to Hashrate Index. The level is roughly 15% under the mid-October peak of about 1,157 EH/s as miners redirect capacity toward AI workloads that promise steadier margins.

Ethereum's validator exit queue has dropped to zero for the first time since mid-2025, while the entry queue has expanded sharply as staking demand rises. The staking backlog, growing institutional participation, and record levels of ETH locked in the deposit contract are tightening circulating supply even as Ether trades below its all-time high.

Coinbase CEO Brian Armstrong has pushed back on reports of a rift with the White House, saying the administration remains engaged on the CLARITY Act even after Coinbase withdrew support for the current draft. He argued the bill's latest version could damage DeFi, tokenized stocks and stablecoin yield products, and indicated lawmakers are revising the proposal after a Senate Banking Committee markup was postponed.

Steak 'n Shake has disclosed a $10 million Bitcoin purchase for its corporate treasury, its first public Bitcoin allocation since enabling crypto payments in May 2025. The 91-year-old burger chain has formalized a Strategic Bitcoin Reserve that channels all customer Bitcoin payments into long-term holdings, linking reserve growth to same-store sales performance.