š Bitcoin enthusiasts, rejoice! A Shanghai court ruling has opened the door for Chinese citizens to legally own Bitcoin, categorizing it as property. This decision could mark the beginning of a more crypto-friendly era in China, despite past restrictions. š
With Chinese miners contributing over 50% of Bitcoin's hash power, this legal clarity might fuel further interest and investment. As Bitcoin's price hovers around $98,300, analysts are buzzing with predictions of a new all-time high, potentially reaching $100,000 soon. š
The crypto world is watching closely as China's evolving stance could significantly impact Bitcoin's global journey. Stay tuned! š§
