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The city editor of the Financial Times’ popular op-ed section, Alphaville, has apologized for its years of staunchly negative bitcoin (BTC) coverage. As the world’s largest crypto surpassed $100,000 per coin, they took a brief moment to self-reflect. Then within seconds, they doubled down on their reporting. In short, their mea culpa for discouraging millions of readers from buying BTC since 2011 (when one coin was worth $8) consisted of a single, backhanded sentence: “We’re sorry if at any moment in the past 14 years you chose based on our coverage not to buy a thing whose number has gone up.” Lmao this is real. pic.twitter.com/StSPlvM1Ga — David Bailey $0.85mm/btc is the floor (@DavidFBailey) December 5, 2024 Sorry, not sorry! Immediately prior to that non-apology, editor Bryce Elder reiterated his support for FT Alphaville’s doomsaying proclamations as BTC rallied 1,200,000% from the section’s June 2011 coverage. Mostly defending the reign of former edit...

Bitcoin’s (BTC) historic achievement of mining block 800,000 marks a pivotal moment in the leading cryptocurrency’s journey. This milestone signifies that Satoshi Nakamoto’s Bitcoin has completed 867 million successful transactions since its first block as the network gets closer to its fourth halving event.  Bitcoin standing the test of time  Bitcoin (BTC), the pioneering digital currency, has surpassed a significant milestone by mining the 800,000th block . Block 800,000 signifies 867 million confirmed transactions, averaging 1,084 transactions per block , all securely stored within a compact 497 GB block chain.  You might also like: Bitcoin network activity hits a 2-year high due to NFT activity Bitcoin halving and predictions by experts The mining of block 800,000 has brought attention to Bitcoin’s upcoming fourth halving event. The halving process gradually reduces the rate at which new BTCs are issued, further fueling Bitcoin’s scarcity and dist...