Gold and crypto are often described as an “either or” proposition, but this project aims to give investors the opportunity to gain exposure to both.
Inflation as it relates to money means the devaluation of a payment vehicle amid the rising cost of goods and services. The term usually refers to fiat currencies, which can lose value when a government expands the supply of dollars in an economy. Venezuela saw its currency lose significant value in 2018 during hyperinflation — an exaggerated form of inflation. When it comes to cryptocurrencies, however, inflation works differently. Many assets, such as Bitcoin, have a maximum supply programmed into their code, which can prevent a loss of value due to added supply. Bitcoin does entail some level of inflation, as more coins are released into its circulating supply through a set and predictable mining schedule, but maximum supply sets definite limits on BTC inflation.
The sell-off in the Bitcoin market, in particular, intensified due to excessively leveraged bullish bets.13367
The declaration appears as Bitcoin pops back above $50,000, with its addition in a gold-bond portfolio outperforming the S&P 500 index.9048
Bitcoin bulls remain pressured under $50,000 in the week that would shed more light on the Federal Reserve's taper outlook based on non-farm payroll numbers.14400
The benchmark cryptocurrency retreated alongside risk-on markets as investors shifted their exposure to the U.S. dollar.11948
The flagship cryptocurrency hits its highest level in more than two months as inflation is expected to rise by another 0.5% in July.61048
Bitcoin is in wait-and-see mode as the dollar trades near two-month lows on warnings that the Fed could continue its stimulus programs.4392
“This is just on-chain sentiment, though. The big question is, how does that correlate to the price action in general?”12682
The Federal Reserve chairman had to explain what he meant by the term "transitory" inflation as he admitted that consumer prices have gone higher than he and other central bank officials had anticipated.20194
Senator Cynthia Lummis said that inflation and massive government spending is accelerating the adoption of digital assets.3540
The two cryptocurrencies appear directionless after correcting in sync lower from their monthly highs.15710
Hedge funds are adopting crypto investments, but one asset manager says it is all a speculative play.4937
BTC price inched toward 2020's support with traders expecting more gains if a breakout occurs.18367
Bitcoin's drop below $30,000 has sparked worries that it is heading to $20,000 next, but is such a massive drop feasible against the backdrop of current macro fundamentals?12297
The latest meltdown in BitFinex BTC shorts could follow up with a spike in spot Bitcoin bids, stated one analyst.31672