Cryptocurrency News: From regulatory changes to market shifts, here is a quick overview of the top 10 stories that shaped the cryptocurrency market on January 5.

Coinbase Expands into EU with MiFID License

Coinbase will acquire a MiFID-licensed entity in Cyprus as it seeks to expand its derivatives offerings across the European Union. The move, which is pending regulatory approval, is expected to significantly increase Coinbase’s presence in the EU market by 2024.

U.S. job market data shows growth in December

The U.S. Labor Department’s recent report showed a stronger-than-expected job market, with 216,000 new jobs added in December. The unemployment rate remained steady at 3.7%, with health care and government sectors contributing heavily.

DCG clears more than $1 billion in debt

Digital Money Group has repaid short-term loans totaling more than $700 million to its bankrupt subsidiary Genesis. This is a major step in the company’s financial recovery as it resolves $1 billion in debt.

Bitcoin ETF: Final Amendment Submitted

All 11 Bitcoin ETF applicants have filed updated 19b-4 amendments and are reportedly expected to file S-1 filings on Monday. The SEC will vote on the applications early next week, according to Bloomberg.

FTX sells $100 million worth of shares at a discount

Fintech firm Dave, which has distanced itself from FTX amid the company’s legal troubles, has bought back $100 million in notes from FTX Ventures for $71 million.

Hashdex’s New Spot Bitcoin ETF Advertising Campaign

Hashdex has launched a second ad for its spot Bitcoin ETF, highlighting Bitcoin’s innovative potential through historical comparisons and expressing optimism about SEC approval.

Celsius Unstaked 30K ETH During Reorganization

As part of its recovery plan during its ongoing bankruptcy proceedings, Celsius Network has unstaked 30,000 ETH and turned to Bitcoin mining.

Spanish CBDC pilot project launched

The Bank of Spain has begun a six-month pilot of a central bank digital currency (CBDC), working with Cecabank, Abanca and Adhara Blockchain to test the efficiency of the digital currency.

OpenAI ChatGPT store coming soon

OpenAI will launch the ChatGPT Store next week, setting a new standard for AI technology and providing developers with enhanced creative tools.

North Korean hackers steal $600 million in cryptocurrency

According to TRM Labs, North Korean cybercriminals stole more than $600 million in cryptocurrency in 2023, and the total amount may reach $700 million.

Stay tuned for more crypto news highlights and updates in the rapidly evolving world of digital assets.