inflation hedge – DIGIT INFO

Hoth Therapeutics allocates $1M to Bitcoin as treasury asset

DIGIT — Wed, 20 Nov 2024 13:48:45 +0000

Hoth Therapeutics allocates $1 million to Bitcoin, reflecting rising business adoption amid increasing attention on BTC’s inflation-resistant value.

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Gold hits new high as Bitcoin rallies to month high at above $64K

DIGIT — Mon, 23 Sep 2024 06:10:57 +0000

Gold gains more than 5% in a fortnight, reaching a record high driven by rate cuts and geopolitical tension.

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US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report

DIGIT — Fri, 06 Sep 2024 18:12:27 +0000

The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020.

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Gold Shatters Records as Investors Brace for Economic Turbulence

DIGIT — Tue, 20 Aug 2024 15:46:10 +0000

Precious metals prices are on the move again, with gold hitting a new peak of $2,564 during Tuesday’s trading sessions. As of now, gold is being traded at $2,527 per ounce, while silver has climbed more than 6% this week, currently standing at $29.68 per ounce. Market trends show that the prices of precious metals […]

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German MP urges government to stop ‘hasty’ Bitcoin sell-off

DIGIT — Fri, 05 Jul 2024 01:30:21 +0000

German MP Joana Cotar said the mass Bitcoin sell-off isn’t “sensible” and “productive” as it could be used to diversify treasury assets and protect against currency devaluation.

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Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge

DIGIT — Mon, 10 Jun 2024 20:35:52 +0000

Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised his followers to purchase […]

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Skybridge Founder: It Pays to Be Long Bitcoin — BTC Will Be Inflation Hedge and Store of Value as It Scales

DIGIT — Tue, 16 Apr 2024 21:34:56 +0000

Skybridge Capital founder Anthony Scaramucci firmly believes that bitcoin will be both an inflation hedge and a store of value as the cryptocurrency scales. He emphasized that bitcoin is “still an early stage technical asset that will trade like other risk assets until it exceeds a billion users.” Scaramucci Doubles Down on Bitcoin as Inflation […]

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Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey

DIGIT — Fri, 27 Oct 2023 05:01:17 +0000

The new all-time highs come despite Bitcoin still being down over 50% against its price peak of $69,000 against the U.S. dollar.

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Fiat is in ‘jeopardy’ but Bitcoin, stablecoins aren’t the answer either: Ray Dalio

DIGIT — Fri, 03 Feb 2023 01:54:58 +0000

The hedge fund manager instead wants to see an “inflation-linked coin” be brought to the masses which would serve to ensure consumers secure their buying power.

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Bitcoin won’t hedge inflation until it hits 1B wallets: Scaramucci

DIGIT — Tue, 23 Aug 2022 02:54:17 +0000

The Skybridge Capital CEO said Bitcoin needs much more proliferation before it can act as an inflation hedge.

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