# Debasement Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Debasement", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Has Wall Street Co-Opted Bitcoin? Bloomberg Expert Sparks Heated Debate

Bloomberg ETF analyst Eric Balchunas sparked a debate on whether Bitcoin's core value as "debasement-resistant and censorship-resistant money" remains valid despite institutional adoption and high volatility. He argued that Bitcoin’s fundamental properties haven’t changed—only the intermediaries have improved. Critics, including Oliver Renick, countered that Bitcoin’s extreme volatility makes it impractical as sound money, effectively causing repeated "debasement events." Balchunas acknowledged volatility as a sign of youth but emphasized long-term dilution resistance. The discussion highlighted a key divide: whether institutional involvement undermines Bitcoin’s original ethos or simply provides safer access.

bitcoinist02/24 03:02

Has Wall Street Co-Opted Bitcoin? Bloomberg Expert Sparks Heated Debate

bitcoinist02/24 03:02

Governments Will Try to Buy 1 Million Bitcoin Each Within 3 Years: Pantera CEO

Pantera Capital CEO Dan Morehead predicts a "global arms race" for Bitcoin within the next 2-3 years, as countries rethink reserve strategies in a fractured geopolitical environment. He expects 3-4 sovereign entities to each attempt acquiring 1 million BTC, driven by nations seeking assets immune to U.S. pressure. Despite 2025's unexpected 9% decline, Morehead remains structurally bullish, citing Bitcoin's cyclical nature, fixed supply amid monetary debasement, and institutional under-ownership. He argues fiat debasement makes scarce assets like Bitcoin attractive long-term and expects it to "massively outperform gold" over a decade. BTC traded at $69,418 at press time.

bitcoinist02/06 03:01

Governments Will Try to Buy 1 Million Bitcoin Each Within 3 Years: Pantera CEO

bitcoinist02/06 03:01

With Bitcoin Below $80K, ARK Reframes The Narrative Around Gold

Bitcoin's recent decline below $80,000 has prompted ARK Invest, led by Cathie Wood, to reframe the narrative around Bitcoin and gold. Despite the pullback, ARK maintains a long-term bullish outlook on Bitcoin, emphasizing its role as an adoption-driven asset with significant growth potential by 2030. The firm highlights the historically low correlation (0.14 since 2020) between Bitcoin and gold, noting that while gold has sometimes led Bitcoin rallies, the two assets serve different purposes and operate on different timelines. ARK's research points to extreme valuations in gold relative to money supply, suggesting potential exhaustion in the metal's rally. Bitcoin, currently trading around $78,150, remains volatile but is viewed as a strategic long-term holding rather than a short-term trade.

bitcoinist02/02 13:31

With Bitcoin Below $80K, ARK Reframes The Narrative Around Gold

bitcoinist02/02 13:31

Inside Bitwise’s bet on the debasement trade with Bitcoin-gold ETF

Despite recent underperformance compared to gold, asset managers like Bitwise believe Bitcoin remains a crucial hedge against currency devaluation and fiscal debt. This has led to the launch of the Bitwise Proficio Currency Debasement ETF (BPRO), a combined Bitcoin-gold ETF designed to capitalize on the "debasement trade" narrative. The fund aims to protect investors from the erosion of purchasing power caused by expanding money supply and rising U.S. debt, which now nears $40 trillion. The ETF garnered significant interest, with $13.2 million in trading volume and $52.4 million in assets under management on its first day. Bitwise's internal data indicates strong institutional demand for such alternative hedges, ranking second only to stablecoins. However, the short-term correlation between Bitcoin and gold has recently been negative, with gold surging 78% over the past year while Bitcoin declined 14%. Despite attempts to revert to a positive correlation in 2026, this decoupling has persisted, exacerbated by recent geopolitical tensions and macroeconomic instability. Nonetheless, Bitwise and its competitors are moving forward, betting on the long-term viability of the debasement trade.

ambcrypto01/24 05:02

Inside Bitwise’s bet on the debasement trade with Bitcoin-gold ETF

ambcrypto01/24 05:02

‘Debasement trade still on,’ says hedge fund exec as Bitcoin lags gold

Select metals like gold, silver, and platinum have posted triple-digit gains, with gold nearing $5k (up 80% YoY), silver surging 200%, and platinum up 175%. In contrast, Bitcoin traded at $89k, down 12% over the same period. Hedge fund manager James Lavish argues the "debasement trade" remains strong and expects Bitcoin to eventually catch up. However, BTC's momentum has been hampered by weaker institutional inflows compared to gold’s $10 billion ETF inflows since December 2025, as well as growing quantum computing risks, which prompted some investors to shift from BTC to gold. Analysts remain divided on whether Bitcoin will rebound amid ongoing macroeconomic uncertainty.

ambcrypto01/23 15:03

‘Debasement trade still on,’ says hedge fund exec as Bitcoin lags gold

ambcrypto01/23 15:03

Bitcoin ‘never crossed’ $100K if adjusted for inflation, says Alex Thorn

Alex Thorn, head of research at Galaxy, states that Bitcoin never reached $100,000 when adjusted for inflation. Although BTC hit a nominal all-time high of over $126,000 in October, its inflation-adjusted peak in 2020 dollars was $99,848. This calculation accounts for the decline in the U.S. dollar's purchasing power, which has fallen approximately 20% since 2020, as measured by the Consumer Price Index (CPI). The CPI shows prices are now 1.25 times higher than in 2020. The report highlights the accelerated decline of the U.S. dollar in 2025, with the Dollar Currency Index (DXY) falling 11% this year, contributing to the popularity of the "debasement trade" where investors seek assets that retain value as fiat currency weakens.

cointelegraph12/24 03:38

Bitcoin ‘never crossed’ $100K if adjusted for inflation, says Alex Thorn