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SEC’s X account hacked, Bitcoin ETFs go live, and Venezuela shuts down Petro: Hodler’s Digest, Jan. 7-13

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Bitcoin ETFs approved and trading in the US; SEC’s X account is hacked, causing havoc in markets; and Venezuela discontinues its national cryptocurrency, Petro.

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Coin Market

Bitcoin decentralization is a matter of national security — Auradine CEO

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According to CryptoQuant, the current Bitcoin network difficulty is 88.4 trillion — down from the 92 trillion recorded on Sept. 20, 2024.

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Coin Market

Bitcoin price recovery driven by growing US financial concerns 

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Bitcoin price recaptures the $62,000 level as investor grow increasingly concerned about the fiscal health of the US

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Coin Market

US jobs report signals fewer rate cuts, still bullish for BTC: Grayscale

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The bullish jobs report adds fuel to hopes for an “Uptober” and fourth-quarter rally in Bitcoin’s price.

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