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China to Launch Bitcoin Reserve? These Altcoins Could Soar as The Nation Plans to Lift Crypto Ban

  • China is considering launching a strategic Bitcoin reserve and may soon lift its crypto ban, leading to potential benefits for altcoins tied to Chinese blockchain projects.
  • China wants to compete with the U.S. and strengthen its global position in the cryptocurrency market by embracing digital currencies and leading in crypto and blockchain technology.
  • When China lifts its crypto ban, a significant amount of money is expected to flow into Chinese tokens, potentially sparking a rally in altcoins connected to Chinese blockchain projects.

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