Bitcoin is back in the spotlight! 🌟 A court in Shanghai has confirmed that owning cryptocurrency in China is not illegal. This could be the beginning of a more tolerant policy in the country. Although mining in China accounts for more than 50% of the network's hashrate, investors continue to look for ways around the bans.
The price of Bitcoin is holding steady above $98,300, and analysts expect it to reach $100,000 soon. 📈 Some predict $120,000 by early 2025.