A little hidden news .Not advertised by Coindesk or any other western press
Bitcoin is legal asset in China
China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally
According to a recent report by CnLedger, the crypto ban is now a thing of the past in China, as virtual currencies have been legalized as a mode of payment to be accepted by people and business entities as. The Shenzen Court of International Arbitration was quoted as saying;
Instead of that news we are receiving scary news about regulation in USA and famous dead of bitcoin
https://www.btcnn.com/cryptocurrency-news/bitcoin-news/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally/hope you are better now
And report from 3 november
This week in crypto:
1. Bitcoin 10 year anniversary
2. Janet Yellen now owns Bitcoin
2. Ron Paul calls for no crypto tax
3. Bitstamp acquired by NXC
4. @binance signs up 40k in Uganda
5. Coinbase raised $300M
6. Morgan Stanley says crypto is institutional asset class
if you see a good news that continuously releases like this actually makes the market ambiguous whether it will go up or down, the core of the news above is actually informing that the development of bitcoin to date has had amazing results, but also investors have difficulty believing and fearing a bull trap that easily comes with only one bad news about bitcoin