Skip to main content

Featured Story

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
Post a Comment
Read more
Produced by Daniel Aharonoff & Mogul Media AI

Mossad Accused: Turkish Authorities Uncover Alleged Cryptocurrency Espionage

The recent accusations made by Turkish authorities against Israel's intelligence service, Mossad, regarding their alleged use of cryptocurrency to recruit spies in Turkey and track down Palestinians living in the country, have raised serious concerns. According to reports, the suspects involved in these activities received payments through intermediaries, including live couriers, and utilized cryptocurrency to evade detection. As a result of the raids carried out by Turkish counter-terrorism and intelligence agencies, 34 individuals linked to Mossad have been detained. These developments highlight the evolving landscape of espionage and the increasing use of digital currencies as a means of covert operations.

Email Post

Comments

Post a Comment

Trending Stories