PANews reported on December 5 that the Financial Times publicly apologized to its readers for its 14 years of negative coverage of cryptocurrencies. The media said in a statement: "With the price of Bitcoin recently breaking through $100,000, quite a number of commentators believe that we should apologize to our readers for our long-standing cynicism. Therefore, we are deeply sorry that in the past 14 years, you may have decided not to buy those commodities whose prices later rose based on our reports. The price increase is certainly gratifying. At the same time, if you misunderstood our cynical attitude towards cryptocurrencies and thought it was support for traditional finance, we are deeply sorry because we hate this behavior too."