Bitcoin hits a new all-time high! Rising to $569

Currently, the price of Bitcoin on the Toronto Mt. Gox exchange has reached $569, a new high. See the figure below for details:

After the price of Bitcoin soared to nearly $500 on the 17th, it has not stopped rising and has now reached $569, setting a new record high! According to media reports, more than half of Bitcoin investment comes from China.

As Bitcoin becomes more and more popular, the risk of speculation is also increasing. Recently, negative news about various scams and absconding with money has been coming out. GBL, a Bitcoin trading and investment platform previously headquartered in Hong Kong, even ran away. In addition, the New York State Department of Financial Services recently announced that they will hold a public hearing on Bitcoin. New York Department of Financial Services official Roski intends to regulate Bitcoin by issuing trading licenses. This new trading license will require Bitcoin consumers to sign protection services and anti-money laundering agreements. Roski believes that the trading of virtual currencies should be brought under the supervision of formal institutions. In the long run, it is in the interests of consumers to bring the virtual currency industry under supervision, and it will help prevent criminal activities and maintain social security. In addition, the US Treasury Department is also closely monitoring the development of virtual currencies and their illegal and legal use. But at present, it seems that this move has not affected the rise of Bitcoin.

At present, Bitcoin China has become the world's largest trading platform. Many Bitcoin websites such as Huobi.com and Bitcoin Home have emerged. Yesterday, the highest Bitcoin-RMB transaction price shown on Huobi.com was close to 3,000 yuan. On Monday last week, the Bitcoin-RMB transaction price was only around 2,200 yuan, a 30% increase in a week. At the beginning of this month, the Bitcoin-RMB transaction price was only 1,200 yuan. It is worth noting that the daily transaction volume of the above websites is basically over 100 million yuan.