{"id":144139,"date":"2024-12-06T20:00:39","date_gmt":"2024-12-06T18:00:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=144139"},"modified":"2024-12-06T15:55:18","modified_gmt":"2024-12-06T13:55:18","slug":"financial-times-offers-apology-to-investors-amid-bitcoins-100k-surge","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/financial-times-offers-apology-to-investors-amid-bitcoins-100k-surge\/","title":{"rendered":"Financial Times Offers Apology to Investors Amid Bitcoin&#8217;s $100K Surge"},"content":{"rendered":"<p>The platform, which has regularly challenged the value and utility of <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a><\/strong>, reaffirmed its stance that the cryptocurrency is an inefficient means of exchange, lacking intrinsic value beyond speculative hype and sunk infrastructure costs.<\/p>\n<p>Despite this, FT Alphaville <strong><a href=\"https:\/\/www.ft.com\/content\/8533f856-57f1-4765-a3dc-d866543092be\" target=\"_blank\" rel=\"nofollow\">expressed<\/a> <\/strong>a rare moment of contrition in light of Bitcoin\u2019s recent surge above the $100,000 mark. Responding to readers who felt an apology was owed for their missed opportunities in light of its previous warnings, the outlet issued an apology.<\/p>\n<p>The message conveyed regret for any advice that may have led readers to refrain from purchasing Bitcoin, which has seen significant price growth. However, the publication was quick to clarify that its cynicism toward crypto wasn\u2019t an endorsement of traditional finance, an institution it equally criticizes.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/standard-chartered-predicts-bitcoin-could-reach-200000-by-the-end-of-2025\/\" title=\"Standard Chartered Predicts Bitcoin Could Reach $200,000 by the End of 2025\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/03\/image1-2-6-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Standard Chartered Predicts Bitcoin Could Reach $200,000 by the End of 2025<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>This apology highlights the complex nature of market sentiment, where opinions can shift in response to dramatic price movements. Despite acknowledging Bitcoin\u2019s rise, FT Alphaville remains steadfast in its criticism of cryptocurrency\u2019s long-term value proposition.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In a recent reflection on its history of skepticism toward cryptocurrency, Financial Times&#8217; FT Alphaville acknowledged the sharp criticism it has often leveled at Bitcoin.<\/p>\n","protected":false},"author":9,"featured_media":104933,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-144139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Financial Times Offers Apology to Investors Amid Bitcoin&#039;s $100K 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