{"id":224670,"date":"2024-01-06T07:17:24","date_gmt":"2024-01-06T01:47:24","guid":{"rendered":"https:\/\/dripp.zone\/news\/top-10-stories-from-jan-5-crypto-news\/"},"modified":"2024-01-06T07:17:27","modified_gmt":"2024-01-06T01:47:27","slug":"top-10-stories-from-jan-5-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/top-10-stories-from-jan-5-crypto-news\/","title":{"rendered":"Top 10 Stories From Jan. 5 – Crypto News"},"content":{"rendered":"

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Crypto News: From regulatory changes to market shifts, here are the top 10 stories that shaped the cryptocurrency market on January 5 for a quick overview.<\/span><\/p>\n

Coinbase Expands into the EU with MiFID License<\/span><\/strong><\/h2>\n

Coinbase is set to acquire<\/span><\/a>\u00a0a MiFID-licensed entity in Cyprus, aiming to expand its derivatives offerings across the European Union. This move, awaiting regulatory nod, is expected to significantly boost Coinbase\u2019s presence in the EU market in 2024.<\/span><\/p>\n

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US Job Market Data Shows Growth in Dec.<\/span><\/strong><\/h2>\n

The\u00a0<\/span>US Labor Department\u2019s<\/span><\/a>\u00a0recent report indicates a stronger-than-expected job market, with a 216,000-job increase in December. The unemployment rate remained steady at 3.7%, with significant contributions from the healthcare and government sectors.<\/span><\/p>\n

DCG Clears Over $1 Billion in Debt<\/span><\/strong><\/h2>\n

Digital Currency Group<\/span><\/a>\u00a0has paid off short-term loans from Genesis, its bankrupt subsidiary, totaling over $700 million. This is a major financial recovery step for the firm as it resolves $1 billion in debt.<\/span><\/p>\n

Bitcoin ETF: Final Amendments Filed<\/span><\/strong><\/h2>\n

All 11 Bitcoin ETF applicants have submitted their updated 19b-4 amendments, with S-1 filings\u00a0<\/span>reportedly expected by Monday.<\/span><\/a>\u00a0The SEC is set to vote on these applications early next week, as per Bloomberg.<\/span><\/p>\n

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FTX Sells $100M Stake at a Discount<\/span><\/strong><\/h2>\n

Fintech firm Dave<\/span><\/a> has bought back a $100 million note from FTX Ventures for $71 million. Dave has distanced itself from FTX amid the latter\u2019s legal troubles.<\/span><\/p>\n

Hashdex\u2019s New Spot Bitcoin ETF Ad Campaign<\/span><\/strong><\/h2>\n

Hashdex launched<\/span><\/a>\u00a0its second commercial for its Spot Bitcoin ETF, drawing historical parallels to emphasize Bitcoin\u2019s innovative potential and signaling optimism for SEC approval.<\/span><\/p>\n

Celsius Unstaked 30K ETH Amid Restructuring<\/span><\/strong><\/h2>\n

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Celsius Network has unstaked<\/span><\/a>\u00a030,000 ETH as part of its recovery plan during its ongoing bankruptcy proceedings, pivoting towards bitcoin mining.<\/span><\/p>\n

Spain\u2019s CBDC Pilot Project Launches<\/span><\/strong><\/h2>\n

The Bank of Spain begins<\/a> a six-month pilot for\u00a0<\/span>Central Bank Digital Currencies (CBDC),\u00a0<\/span><\/a>collaborating with Cecabank, Abanca, and Adhara Blockchain to test digital currency efficiency.<\/span><\/p>\n

OpenAI ChatGPT Store Set to Launch<\/span><\/strong><\/h2>\n

OpenAI is launching<\/span><\/a>\u00a0the ChatGPT Store next week, setting a new standard in AI technology and empowering developers with enhanced creative tools.<\/span><\/p>\n

North Korean Hackers Steal $600M in Crypto<\/span><\/strong><\/h2>\n

North Korean cybercriminals<\/span><\/a>\u00a0have stolen over $600 million in cryptocurrencies in 2023, with the total potentially reaching $700 million, according to TRM Labs.<\/span><\/p>\n

Stay tuned for more crypto news highlights and updates in the rapidly evolving digital asset world.<\/em><\/p>\n

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