Links:

• Institutional demand for Bitcoin evaporates as BTC struggles below $31K
• Ripple Cites SEC Commissioners’ Remarks to Support Dismissal of Case - CoinDesk
• Malaysia Destroys 1,000 Bitcoin Mining Rigs With A Steamroller  | ZeroHedge

Bitcoin is up 2% at $36,731
Ethereum is up 3% at $2,559
and Binance Token is up 2% at 331

Pundi X up 25%
Theta Fuel up 15%

Dubai says the country has not launched its own cryptocurrency

Brad Garlinghouse thinks Ripple will still go public, eventually.

Chainalysis says whales bought 77k BTC ($3B+)

BurgerSwap was exploited for just over $7M

Links:

• Ripple Waiting for SEC Suit Resolution Before Going Public - CoinDesk
• Dubai Media Office on Twitter: "Dubai Coin cryptocurrency was never approved by any official authority. The website promoting the coin is an elaborate phishing campaign that is designed to steal personal information from its visitors. https://t.co/Q0HBXfqaDO" / Twitter
• Igor Igamberdiev on Twitter: "1/7 Another flash loan attack on a major DeFi protocol on BSC. Today $7.2M was stolen from @burger_swap in 14 transactions. Let’s see what’s happened👇 https://t.co/gZQwiJGJ6X" / Twitter
• Chainalysis Market Intel | Blockchain analysis for cryptocurrency markets

Links:

• Court Denies SEC's Request Seeking Years of Financial Records From Ripple Execs - CoinDesk
• Ether hits new all-time high above $2,200 hours ahead of Berlin hard fork
• Linux Foundation, Insurance Group Roll Out Platform to Cut Costs Using DLT - CoinDesk — Story from News

Ripple Drops YouTube Suit

Digital Currency Group Buys Up To $250 Million in Grayscale Bitcoin Trust

Links:

• Ripple ends YouTube lawsuit over XRP giveaway scams, says CEO
• Digital Currency Group to Put up to $250M Into Grayscale's Bitcoin Trust - CoinDesk

IRS Gives Instructions on Crypto

PayPal Throttles Epik

Garlinghouse Tells CNBC Tech Companies Must Engage on Issues

Links:

• Tax Payers Needn't Disclose Merely Holding Cryptos: IRS Draft 2020 Guidance - CoinDesk
• Ripple CEO Brad Garlinghouse opposes Coinbase’s 'no politics' policy

No Crypto Derivatives in UK After 1/6/21

Ripple Wins Some Points in Suit

John McAfee Arrested in Spain

Links:

• UK's FCA bans retail crypto derivatives after year-long consideration
• Ripple Has Mixed Success in Motion to Dismiss Lawsuit Alleging Securities Fraud - CoinDesk
• John McAfee Arrested in Spain on US Criminal Charges - CoinDesk

Ninety Percent of Ether Now Profitable

Former VP of BoC Says Digital to Replace Fiat

Garlinghouse Says Government Looking to Crypto in Fiat Decline

Links:

• Chinese Ex-Banker Says Digital Currency Should Replace Fiat Money - CoinDesk
• World Gov’ts Eye Blockchain as Dollar’s Power Wanes, Says Ripple CEO
• Over 90% of Ether Supply Is Now in 'State of Profit,' Says Glassnode

Warren Buffett: Bitcoin Going Down

Telegram Paying Investors with Cash

Ripple and Garlinghouse Hit with Suit

Links:

• Warren Buffett Expects Market Doom That Can Take Down Bitcoin With It
• Telegram Withdraws Offer to Repay Investors With Gram Tokens - CoinDesk
• Ripple Hit With Another Lawsuit Alleging XRP Security Laws Violations

SEC Wants Comments on "Accredited Investor"

Brad Garlinghouse Stirs the Pot

Thank My Farmer Debuts at CES

Links:

• Closer Look at SEC ‘Accredited Investor’ Revamp Suggests Little Will Change - CoinDesk
• IBM and Fair Trade Initiative Demo Blockchain-Based Coffee Tracking App
• Ripple CEO: We Can't Control XRP Price Any More Than Bitcoin Whales