Bitcoin lost nearly $6,000 in a few days before recovering to around $82,000, with $1.19 billion in leveraged positions liquidated in 24 hours. In Brussels, ESMA set January 8 as the deadline for non-compliant stablecoins to comply with MiCA regulations, while in Paris lawmakers are examining an amendment to tax crypto-to-stablecoin exchanges starting in 2027. The investigation into $86 million drained from Ledger wallets has traced the breach to a South Asian reseller, CryptoBillis. Meanwhile, Robinhood purchased $25 million in bitcoin for its own balance sheet, and exchange OKX was valued at $25 billion during a funding round that included Circle and Ripple.
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