‘Dead cat bouncing’ – ECB officials attack Bitcoin with call of ‘practically forbidding it’

Oluwapelumi Adejumo

European Central Bank (ECB) officials stand firm on their assessment that Bitcoin holds no inherent value, despite its recent surge beyond $50,000 propelled by the introduction of multiple exchange-traded funds (ETFs) in the United States. In a blog post dated Feb. 22, Ulrich Bindseil and Jürgen Schaaf emphasized that approving ETFs does not alter Bitcoin’s […]

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‘Dead cat bouncing’ – ECB officials attack Bitcoin with call of ‘practically forbidding it’