Reported 2 days ago
Despite strict laws against cryptocurrency in China, companies are increasingly investing in Bitcoin, with significant amounts of mining power still located in the country. Recent investments by companies like Addentax and DDG Enterprise suggest a growing trend that may drive Bitcoin prices higher, as demand outstrips supply. As institutional and corporate adoption rises globally, the limited supply of Bitcoin, capped at 21 million, indicates a bullish outlook for its future value.
Source: YAHOO