The emperor called for orders, and Bitcoin rose in response to break through the pressure level near 58,000. If it can stand firm at the close tomorrow, it is expected to continue to rise and even test the pressure level of 62,000.
Russian President Putin signed the law legalizing cryptocurrency mining in Russia today. The signed law introduces new concepts, including digital currency mining, mining pools, mining infrastructure operators, address identifiers, and individuals who organize mining pool activities.
A few days ago, I saw a foreigner on Twitter saying that China’s withdrawal from mining was not actually thorough, but only restricted incremental mining. Later, many areas with excess computing power started mining again, and the domestic Bitcoin computing power rebounded a lot. I don’t know if Russia’s enlightenment will make China change.
In any case, the future is here. Bitcoin in 2024 is becoming more and more mature and gradually accepted by the public. After all, the future of stinky currency speculation has raised its head.
