DeFi Identity Should Be Focus of U.S. Policymakers, CFTC Says

The Commodity Futures Trading Commission wants U.S. policymakers to evaluate options for regulating the issue of identity information in decentralized finance, a report published Monday said.Source

Jim Cramer Now Says Bitcoin Is ‘Topping Out’

Cramer’s picks have the tendency to move in the opposite direction he touts.Source

Bitcoin ETF Approval Expected Soon, Bears Lose $100M

Futures tracking crypto markets saw some $155 million in shorts liquidated in the past 24 hours after a sudden uptick in prices in U.S. hours.Source

Bitcoin Decouples From Nasdaq Amid ETF Speculation

The 40-day correlation between the two has declined to zero.Source

SEC Hustles to Answer Latest Bitcoin ETF Filings: Source

Officials with the U.S. Securities and Exchange Commission sent comments to the issuers of a set of bitcoin exchange-traded fund (ETF) filings just hours after the companies filed their amended S-1 documents, which listed fees for their proposed products.Source

In Bitcoin ETF Battle, Grayscale Is Bringing ‘A Gun to a Knife Fight’

The Grayscale Bitcoin Trust’s (GBTC) $27 billion of bitcoin and $350 million of daily volume gives Grayscale an advantage versus BlackRock and other wannabe rivals, according to Bloomberg’s Eric Balchunas.Source

North Korean Hacking Group Lazarus Withdraws $1.2M of Bitcoin From Coin Mixer

North Korean hackers Lazarus Group have moved $1 million worth of their ill-gotten gains from a coin mixer to their holding wallet, sparking speculation over their next move.Source

First Mover Americas: It’s ETF Deadline Week

The latest price moves in bitcoin [BTC] and crypto markets in context for Jan. 8, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.Source

Report Finds Less Illicit Crypto Activity in Nations With Full Licensing Regimes in 2023: TRM Labs

Blockchain analytics firm TRM Labs has found that crypto service providers in countries with full regulatory regimes had lower rates of illicit activity than those in less regulated jurisdictions in 2023.Source

Grayscale Announces 1.5% Fees for Its Proposed Bitcoin ETF Uplist

Grayscale, which has some $27 billion in assets under management (AUM), said it was adding Jane Street, Virtu, Macquarie Capital and ABN AMRO Clearing as authorized participants (APs).Source