Crypto News: From regulatory changes to market shifts, here are the top 10 stories that shaped the cryptocurrency market on January 4 for a quick overview.<\/span><\/p>\n ARK21Shares joined applicants like VanEck, Fidelity, and Grayscale to file the \u2018registration of securities\u2019<\/span>\u00a08-A form<\/span><\/a>\u00a0with the SEC on Thursday. Meanwhile, source-based reports expect a decision on the ETF race by tomorrow, with a high likelihood of\u00a0<\/span>SEC approval.<\/span><\/a>\u00a0<\/span><\/p>\n <\/p>\n Today, World Funds Trust also entered as a new contender in the race with\u00a0<\/span>six Bitcoin ETF filings.<\/span><\/a><\/p>\n Australia\u2019s consumer watchdog is\u00a0<\/span>under fire<\/span><\/a>\u00a0for not raising warnings against the potentially fraudulent HyperVerse crypto scheme. Meanwhile, in Taiwan, ACE founders were arrested for crypto fraud, with losses potentially\u00a0<\/span>exceeding millions.<\/span><\/a>\u00a0<\/span><\/p>\n Coinbase has reportedly introduced<\/span><\/a> a risk acknowledgment form for UK clients, aligning with upcoming FCA regulations. This move is designed to ensure informed trading decisions among users for high-risk investments.<\/span><\/p>\n <\/p>\n Another security breach<\/span><\/a> hit the crypto market on Thursday, with Gamma Strategies, an Ethereum-based protocol, experiencing a reported loss of about $3.4 million. The protocol suspended all deposit activity following the breach and offered a bounty for the return of stolen assets.\u00a0<\/span><\/p>\n Former Citigroup executives have announced Bitcoin depository receipts, similar to American depositary receipts, targeting global institutional investors, and\u00a0<\/span>bypassing U.S. SEC regulations.<\/span><\/a><\/p>\n <\/p>\n Cathie Wood\u2019s Ark Invest sold Coinbase shares worth over $25.3 million and purchased Tesla shares, reflecting a strategic shift in\u00a0<\/span>their investment portfolio.<\/span><\/a><\/p>\n Huobi Korea will\u00a0<\/span>terminate its local virtual asset<\/span><\/a>\u00a0trading services by January 29, continuing its support for customer asset withdrawals.<\/span><\/p>\n The\u00a0<\/span>SEC has filed<\/span><\/a>\u00a0a notice in its lawsuit against Binance, citing the Terraform Labs case as supplemental authority, which identified UST and LUNA as securities. This will impact the SEC\u2019s lawsuit against Binance, Binance.US, and founder Changpeng \u2018CZ\u2019 Zhao.\u00a0<\/span><\/p>\n 2023 saw significant growth in crypto investment products, with inflows totaling $2.25 billion, marking the third-largest year of inflow since 2017. The inflows notably exceeded those of 2023 by 2.7 times, as highlighted by<\/span>\u00a0CoinShares.\u00a0<\/span><\/a><\/p>\n The U.S. government holds<\/a> a\u00a0<\/span>significant Bitcoin stash<\/span><\/a>, with its holdings valued at least $8.3 billion, outpacing corporate players like MicroStrategy. This figure comes after the government\u2019s last-month seizure of 70,000 BTC.<\/span><\/p>\n Stay tuned here for more such crypto news highlights and updates in the quickly changing digital asset world.<\/em><\/p>\nFinal Stage in Bitcoin ETF Decision<\/span><\/strong><\/h2>\n
Regulatory Scrutiny Over Crypto Scams<\/span><\/strong><\/h2>\n
Coinbase\u2019s New UK Investor Assessment<\/span><\/strong><\/h2>\n
Security Breach at Gamma Strategies<\/span><\/strong><\/h2>\n
Ex-Citigroup Executives Launch Bitcoin Securities<\/span><\/strong><\/h2>\n
Ark Invest\u2019s Strategic Moves in the Market<\/span><\/strong><\/h2>\n
Huobi Korea Ceases Crypto Exchange Services<\/span><\/strong><\/h2>\n
SEC Lawsuit Against Binance Moves<\/span><\/strong><\/h2>\n
2023 Crypto Inflows Impressive<\/span><\/strong><\/h2>\n
U.S. Government\u2019s Bitcoin Holdings<\/span><\/strong><\/h2>\n
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