The UK's Financial Times publicly apologizes to its readers for its negative reporting on cryptocurrencies
ChainCatcher News, the British Financial Times has publicly apologized to its readers for its negative coverage of cryptocurrencies over the past 14 years. The media stated in a declaration: "With Bitcoin's price recently breaking through $100,000, quite a few commentators believe we should apologize to our readers for our long-standing cynical attitude.
Therefore, if you have decided not to purchase those commodities that later rose in price based on our reports over the past 14 years, we deeply regret it. Of course, rising prices are pleasing. At the same time, if you misunderstood our cynical attitude towards cryptocurrencies as support for traditional finance, we deeply apologize because we also despise such behavior."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Swiss Franc declines as US Dollar rises on Fed rate hike bets
South Korean stocks dropped over 1%
"Big short" Michael Burry: The AI bubble may burst "earlier than expected," replacing short positions with put options to increase leverage
Michael Burry suggested that the AI bubble could burst as early as next summer and has replaced all his short positions on Micron, Nebius, SOXX semiconductor ETF, and Palantir with put options to obtain lower cost and higher leveraged short exposure. He believes the AI boom is built on the unproven assumption of "sustained capital expenditure," and once revenues disappoint, capital will quickly flee.
Variational open interest has exceeded $2 billions.
Crypto prices
More
