{"id":210439,"date":"2017-02-23T05:00:56","date_gmt":"2017-02-23T10:00:56","guid":{"rendered":"http:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/uncategorized\/bitcoin-price-breaks-all-time-high-the-merkle.php"},"modified":"2017-02-23T05:00:56","modified_gmt":"2017-02-23T10:00:56","slug":"bitcoin-price-breaks-all-time-high-the-merkle","status":"publish","type":"post","link":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/bitcoin-2\/bitcoin-price-breaks-all-time-high-the-merkle.php","title":{"rendered":"Bitcoin Price Breaks All Time High &#8211; The Merkle"},"content":{"rendered":"<p><p>    Earlier this month it seems that Bitcoin missed its    chance of hitting the ATH whenPBOC    cracked down on Chinese exchanges and forced them to    suspend withdrawals in order to implement better AML \/ KYC    policies. However, Bitcoins price has been steadily climbing    ever since the Feb 9th announcement. Today, Bitcoins price has    hit an all time high on one of its biggest exchanges, the price    reached $1098 on btc-e, breaking its previous peak of    $1095.  <\/p>\n<p>    As mentioned in     last weeks Bitcoin price article,Chinas regulation    reduced its impact on Bitcoin markets and let the western    exchangestake some more control. Usually, it was the    Western exchanges who had premiums on Bitcoins price, however    after PBOCs actions, there is now a $40-50 premium to buy    Bitcoins in China. Following these changes, other exchanges are    seeing much more trade volume which is one prime reason why    Bitcoins price reached an ATH on one of its    oldestexchanges.  <\/p>\n<p>    Founded in 2011, BTC-E    is currently the oldest operating Bitcoin exchange. You may    wonder why the price per Bitcoin on the exchange seems    significantly lower than its competitors. Reason being is    BTC-E isnt regulated, one can make an account using simply an    email address, you do not need to provide any personal    information in order to start trading. Furthermore, moving cash    in and out of the exchange is difficult and takes a long time,    as a result users mostly trade Bitcoins and use the exchange to    hedge against the price. This creates somewhat of a large sell    pressure which brings the price down.  <\/p>\n<p>    Regardless of how low the price is compared to other exchanges,    remember that even if you sell Bitcoins for cheaper, you can    still use the same exchange to buy Bitcoins for cheap as well.    One might argue that there are arbitration opportunities by    using the exchange, however there are many complaints regarding    moving cash in and out of the exchange and that it takes a long    time and requires going through cumbersome process.  <\/p>\n<p>    slvbtcfrom    r\/Bitcoin has complied a useful list pointing out each    exchanges all time high.  <\/p>\n<p>    MtGox = $1216  <\/p>\n<p>    Bitstamp = $1163  <\/p>\n<p>    BTC -e = $1095  <\/p>\n<p>    Bitfinex = $1175  <\/p>\n<p>    Huobi = 8000  <\/p>\n<p>    BTC China = 7588  <\/p>\n<p>    OKCoin = 7995  <\/p>\n<p>      The 3 Chinese exchanges broke their 2014 ATH six weeks ago.      BTC-e broke its 2014 ATH today. Just bitstamp and bitfinex      left to topple. Which one will be last. Like watching dominos      fall, once the last 2014 ATH is broken then its off to the      races ladies and gentlemen. -slvbtc    <\/p>\n<p>    Exciting times are ahead for Bitcoin, especially because the    Bitcoin ETF decision is coming next month.If the outcome    is positive, we may see a whole new spectrum of investors join    the revolution. How far do you think Bitcoins price will    climb? Do you think the Bitcoin ETF decision will be positive?    Let us know in the comment section below.  <\/p>\n<p>    If you liked this article, follow us on Twitter @themerklenews and make sure to subscribe to our    newsletter to receive the latest bitcoin, cryptocurrency, and    technology news.  <\/p>\n<p><!-- Auto Generated --><\/p>\n<p>See original here:<\/p>\n<p><a target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/themerkle.com\/bitcoin-price-breaks-all-time-high\/\" title=\"Bitcoin Price Breaks All Time High - The Merkle\">Bitcoin Price Breaks All Time High - The Merkle<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p> Earlier this month it seems that Bitcoin missed its chance of hitting the ATH whenPBOC cracked down on Chinese exchanges and forced them to suspend withdrawals in order to implement better AML \/ KYC policies. However, Bitcoins price has been steadily climbing ever since the Feb 9th announcement <a href=\"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/bitcoin-2\/bitcoin-price-breaks-all-time-high-the-merkle.php\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"limit_modified_date":"","last_modified_date":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[261455],"tags":[],"class_list":["post-210439","post","type-post","status-publish","format-standard","hentry","category-bitcoin-2"],"modified_by":null,"_links":{"self":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/210439"}],"collection":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/comments?post=210439"}],"version-history":[{"count":0,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/posts\/210439\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/media?parent=210439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/categories?post=210439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.euvolution.com\/futurist-transhuman-news-blog\/wp-json\/wp\/v2\/tags?post=210439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}