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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

VanEck Launches Ethereum Strategy ETF on CBOE: A New Era for ETH Investors

Investment management firm VanEck has announced that its Ethereum Strategy ETF, which will trade under the ticker EFUT, is set to begin trading on October 2nd. The ETF will focus on investing in ether futures contracts and will not have any direct exposure to ETH itself. Instead, it will offer exposure to cash-settled ETH futures contracts traded on regulated commodities exchanges. VanEck is also highlighting the benefits of the product's C Corp structure, which includes tax advantages for long-term investors compared to registered investment company structures. In addition, VanEck has been promoting the launch of the ETH spot ETF on its social media platforms, with themed TV commercials. The firm has also announced its intention to donate 10% of all profits from the ETF to Ethereum core developers over the next decade. Meanwhile, Bitwise Asset Management has confirmed that trading for its two Ether futures ETFs will also begin on October 2nd, giving investors access to ETH futures trading on the Chicago Mercantile Exchange.

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