Just more than a year ago, on Nov. 10, 2021, the value of one bitcoin reached its all-time high at more than $68,000. That was after 10 months of strong gains, as it had started 2021 in the $30,000 ra...
Tag: irrelevance
Bitcoin Price Stability ‘Last Gasp Before The Road to Irrelevance’: ECB
The seeming stabilization of the price of Bitcoin (BTC) at levels around $20,000 in the months before the FTX collapse was “an artificially induced last gasp before the road to irrelevance.” Moreover,...
ECB Blog Post Insists This Is ‘Bitcoin’s Last Stand,’ Officials Claim BTC Is Headed Toward ‘Irrelevance’ – Bitcoin News
On Wednesday, Nov. 30, 2022, a blog post published by the European Central Bank (ECB) discusses bitcoin and the authors Ulrich Bindseil and Jürgen Schaaf seem to believe its “bitcoin’s last stand.” Th...
European Central Bank Berates Bitcoin Says it is On ‘The Road To Irrelevance’
– Advertisement – The ECB asserts that Bitcoin has failed to live up to the hype, but the crypto community is not buying it. The European Central Bank has asserted that Bitcoin is standing...
Bitcoin is on its ‘last gasp before the road to irrelevance,’ ECB advisers argue
While bitcoin might appear stable for now, it’s on the brink of irrelevance — at least according to a report from two advisers to the European Central Bank (ECB). Bitcoin is rarely used in...
Bitcoin is on the ‘road to irrelevance’ warns European Central Bank
Officials from the European Central Bank (ECB) have made a firm rejection of Bitcoin (BTC) by labelling the digital asset as inappropriate both as a payment mechanism and as an investment vehicle amid...
European Central Bank says bitcoin is on the ‘road to irrelevance’
The bitcoin logo displayed on a smartphone with euro banknotes in the backgrouund. Andrea Ronchini | NurPhoto via Getty Images The European Central Bank gave a strong critique of bitcoin on Wednesday,...
Silicon Valley’s Prosperous Existence Is the Surest Sign of the Fed’s Unctuous Irrelevance
A headline at Forbes.com last week indicated rising layoffs at Silicon Valley start-ups that are said to foretell a quiet summer for venture capitalists. On the same day, an A1 story in the Wall Stree...
Europe is terrified of semiconductor irrelevance. Now its tech champion is calling for a massive new alliance
Europe is at risk of drifting into global irrelevance unless urgent action is taken to build up its fading semiconductor industry, the region’s most valuable tech company warned. Leading chip equipmen...
Shiba Inu and Dogecoin Have to Fade Into Irrelevance for Bitcoin and Ethereum to Thrive, According to Bloomberg Analyst
Alex Dovbnya Bloomberg analyst Mike McGlone claims Shiba Inu and Dogecoin have to collapse for Bitcoin and Ethereum to thrive Mike McGlone, senior commodity strategist for Bloomberg Intelligence, clai...