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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

Bybit Card Launches Exciting Rewards Program for Crypto Card Holders

As cryptocurrency continues to gain popularity and widespread adoption, cryptocurrency exchange Bybit has launched an enticing rewards program for its Bybit Card. This new program is designed to attract holders of other crypto cards and incentivize them to make the switch to Bybit Card. With a range of bonuses and benefits on offer, Bybit is positioning itself as a top choice for crypto card users.

Rewards Program Details

The Bybit Card rewards program is offering the first 10,000 users up to $25 in card bonuses for crypto card holders who choose to switch to Bybit Card. Here are the key details of the rewards program:

  1. Application Bonus: Users who apply for a Bybit Card through the landing page will receive $10 for a successful application.

  2. Transaction Bonus: After the first successful transaction with the Bybit Card, users will unlock an additional $5.

  3. Deposit Bonus: Depositing at least $100 for the first time on the Bybit exchange will unlock an additional $10.

  4. Referral Program: Bybit Card also offers a referral program. Referrers will receive a 20 USDT airdrop for each referral after their first transaction, while referees will get 10 USDT after their first transaction.

  5. VIP Tier Benefits: Referring new users also unlocks VIP tier benefits. VIP1 card benefits are unlocked after five referrals, VIP2 after 20 referrals, and VIP3 after 50 referrals. VIP card benefits include escalating tiers of reward points and a higher reward points cap.

  6. Trading Pack and Social Media Pack: VIP users also enjoy access to rebates through the Trading Pack and Social Media Pack. The Trading Pack offers rebates on subscriptions to professional trading tools, while the Social Media Pack offers rebates on subscriptions to Telegram Premium and X Blue.

Bybit Card Features

The Bybit Card is a crypto debit card that enables users to spend funds directly from their Bybit account in any location where Mastercard Debit is accepted. Here are some notable features of the Bybit Card:

  1. Supported Cryptocurrencies: The Bybit Card supports popular cryptocurrencies such as Bitcoin, Ethereum, XRP, and the USDT and USDC stablecoins.

  2. No Fees: The Bybit Card offers benefits such as no annual, inactivity, or card cancellation fees, providing users with a seamless and cost-effective experience.

  3. ATM Withdrawals: Cardholders can make ATM withdrawals of up to $2,000, ensuring convenient access to their funds.

With its attractive rewards program and a range of benefits, the Bybit Card is positioning itself as a leading option for crypto card users. Bybit's commitment to providing a user-friendly and rewarding experience sets it apart in the competitive cryptocurrency exchange market. Whether you're a seasoned cryptocurrency enthusiast or a newcomer to the industry, the Bybit Card offers a convenient and rewarding solution for managing and spending your digital assets.

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