Browsing tag

Inflation

Bitcoin Price (BTC) Choppy on Wednesday

Most of bitcoin’s rally in 2024 roughly came from mid-February to mid-March. It was during this time that the spot ETFs were regularly adding 5,000-13,000 bitcoin each day, even with sizable selling by Grayscale’s GBTC. The action since, however, has seen big sales of bitcoin continuing at GBTC, while purchases into the other ETFs have […]

Milei Disappoints on Crypto Registration Rule

The new law means platforms and individuals who purchase, sell, send or trade cryptocurrencies must adhere to a registration process. While the regulation appears to have been left over by the previous government, the fact that it’s moved forward and has now become law under President Javier Milei is disappointing to those who imagined Latin […]

Bitcoin (BTC) Price Falls on Higher Inflation

After about a 70% rise in 2024 to a new record high just shy of $74,000, bitcoin was surely vulnerable to a correction and it could be that the inflation, interest rate and dollar news has given traders an excuse to lighten up. After touching $73,800 earlier Thursday morning, bitcoin slid to as low as […]

Adjusted for Inflation, Bitcoin Hasn’t Topped Its All Time High

That a volatile asset like bitcoin hasn’t kept up with inflation (at least since the last ATH) is a bit of a red herring when considering how far it has come. A bitcoin in someone’s wallet today, for instance, would be worth $48,395.13 in 2008, when it was first launched and didn’t have a market […]