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Produced by Daniel Aharonoff & Mogul Media AI

Bitcoin's All-Time High: Adjusting for Inflation

Bitcoin's All-Time High: A Perspective on Inflation Adjustments As Bitcoin inches closer to its all-time high, the cryptocurrency landscape is buzzing with discussions about whether its previous peak should be adjusted for inflation. With the U.S. Bureau of Labor Statistics' Consumer Price Index (CPI) inflation calculator suggesting a revised target of approximately $75,000, the debate intensifies. This adjustment isn't merely academic; it reflects the evolving role of Bitcoin in the financial ecosystem, especially as it vies for status as a serious inflation hedge. Understanding the All-Time High Previous Peak : Bitcoin reached an all-time high of nearly $69,000 in November 2021. Inflation Adjustment : Adjusting for inflation brings the real target closer to $75,000, emphasizing the need to consider economic conditions over time. Bitcoin as an Inflation Hedge Despite the volatility associated with Bitcoin, it continues to be regarded as a potential safeguard a
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Produced by Daniel Aharonoff & Mogul Media AI

Blockaid Raises $33 Million in Funding to Revolutionize Web3 Security

Blockaid, a Web3 security startup founded by former Israeli military cyber intelligence personnel, has recently secured an impressive $33 million in funding. This funding includes a $6 million seed round and a $27 million Series A round, with notable participation from investors such as Sequoia Capital and Greylock Partners. Blockaid specializes in providing Web3 security tools aimed at preventing crypto fraud and hacks. The company has already made significant strides in the industry, having scanned over 450 million transactions, thwarted more than 1.3 million attacks, and safeguarded over $7.1 billion worth of assets. This latest funding will undoubtedly strengthen Blockaid's position in the market and further advance their mission of bolstering security within the Web3 ecosystem.

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