TLDR
- According to the ECB, Bitcoin’s fair value is zero.
- Optimism races towards its all-time high, aiming to flip it.
- NuggetRush is tipped for an 80x upswing after its launch.
People are often scared of things they don’t understand or can’t control—typical human behavior. This appears to be the case with the European Central Bank. On February 22, Ulrich Bindseil and Jürgen Schaaf, in a blog post, doubled down on their criticism of Bitcoin despite the recent surge and approval of spot Bitcoin ETFs in the US. They reiterate the long-held stance that BTC’s “fair value is still zero” and its bullish run “could turn out to be a flash in the pan.”
Undoubtedly, this criticism has sparked strong reactions in the crypto landscape. But if the potential of the Internet—one of the world’s biggest inventions—could be doubted by business executives, traditional media, and even governments before it became mainstream, the flagship crypto is not immune. As rightly put by former Coinbase CTO and venture capitalist Balaji Srinivasan on X (formerly Twitter), “The Euro has collapsed against Bitcoin,” which might explain the ECB’s criticism.
In the crypto market—fueled by excitement from the recent DYM and JUP airdrops—investors are showing keen interest in Optimism (OP) and NuggetRush (NUGX). On the cusp of skyrocketing and going on price discoveries, these are the best cryptos to buy now.
NuggetRush (NUGX):
NuggetRush (NUGX) is a new and emerging player in the crypto space—one of its biggest appeals. As one of the new ICOs, it has staggering room for growth. It is currently in its fifth round, and a token costs just $0.018. According to analysts, an 80x jump will follow its launch—full send!
Besides its astounding growth potential, its novelty is another factor fueling the massive show of interest. It stands at the intersection of play-to-earn (P2E), GameFi, and memes, which makes it a blend of the hottest trends in the crypto landscape.
Poised to skyrocket, NuggetRush is currently one of the most promising investments. With investors aiming to Lambo, you can position yourself for massive gains by participating in the presale.
Bitcoin (BTC): Fair Value Still Zero – ECB
Bitcoin (BTC) is widely hailed as “digital gold”—a modern investment vehicle aiming to revolutionize traditional finance. Its novel approach to finance—decentralized finance (DeFi)—has seen many call it the future. Hence, the approval of spot Bitcoin ETFs by the US SEC on January 10 suggests a vote of confidence and represents a significant stride towards mainstream adoption.
However, the European Central Bank (ECB) remains skeptical. In a new blog post released on February 22, ECB advisor Jürgen Schaaf and Ulrich Bindseil, the bank’s director general of market infrastructure and payments, said the SEC’s green light doesn’t change the fact that Bitcoin isn’t a suitable means of payment or investment.
They stated, “For disciples, the formal approval confirms that Bitcoin investments are safe and the preceding rally is proof of an unstoppable triumph. We disagree with both claims and reiterate that the fair value of Bitcoin is still zero.” While Bitcoin’s upswing has been labeled a speculative bubble—a flash in the pan—by the ECB officials, it has continued to outperform the Euro and create new peaks. Maybe it is time for the ECB to join the BTC bandwagon after all.
Optimism (OP): Investor Favorite
Optimism (OP) is among the best-performing top altcoins on the market. After a significant jump, it has been racing towards its all-time high (ATH), aiming to flip it. This makes it one of the best coins to invest in and a bullish wave not to miss out on.
The above explains the massive investors’ interest in Optimism. Given its massive growth potential—fueled by its key role as a layer-2 scaling solution—OP is a good crypto to buy. According to analysts, it will surpass $5.00 in the coming months, which makes it a compelling investment.
To avoid FOMO (fear of missing out), now is a great time to add Optimism to your portfolio and HODL.
Conclusion
The ECB’s criticism of Bitcoin persists. Nevertheless, it continues to soar. Meanwhile, investors are shifting their attention to Optimism and NuggetRush, aiming to ride their huge bullish wave. If you wish to participate in the promising NUGX presale, click the link below.
Visit NuggetRush Presale Website
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