{"id":208601,"date":"2017-11-02T10:11:09","date_gmt":"2017-11-02T08:11:09","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=208601"},"modified":"2017-11-02T10:12:17","modified_gmt":"2017-11-02T08:12:17","slug":"bitcoin-surges-past-7000","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/banking\/208601\/bitcoin-surges-past-7000\/","title":{"rendered":"Bitcoin surges past $7,000"},"content":{"rendered":"<p>Bitcoin climbed past $7,000 for the first time, breaching another milestone less than one month after it tore through the $5,000 mark.<\/p>\n<p>Spot pricing for bitcoin climbed as much as 7.1% to a high of $7,045.46 before pulling back slightly to $6,968.25 at 7:45 a.m. in London.<\/p>\n<p>The cryptocurrency is up as much as 640% this year and is now worth more than $100 billion.<\/p>\n<p>The digital currency got new impetus this week after CME Group Inc, the world\u2019s largest exchange owner, said it plans to introduce bitcoin futures by the end of the year, citing pent-up demand from clients. The move will give the software-created asset some regulatory cover that is expected to attract more buyers.<\/p>\n<p><a  data-lightbox=\"post-image\" href=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/11\/Bitcoin.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-208607\" src=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/11\/Bitcoin.png\" alt=\"\" width=\"1200\" height=\"675\" srcset=\"https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/11\/Bitcoin.png 1200w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/11\/Bitcoin-300x169.png 300w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/11\/Bitcoin-768x432.png 768w, https:\/\/businesstech.co.za\/news\/wp-content\/uploads\/2017\/11\/Bitcoin-1024x576.png 1024w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><\/a><\/p>\n<hr \/>\n<p><strong>Read: <a href=\"https:\/\/businesstech.co.za\/news\/finance\/208367\/bitcoin-just-hit-r100000-in-south-africa\/\" target=\"_blank\" rel=\"noopener\">Bitcoin just hit R100,000 in South Africa<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin climbed past $7,000 for the first time, breaching another milestone less than one month after it tore through the $5,000 mark.<\/p>\n","protected":false},"author":59,"featured_media":208605,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[961],"tags":[5537],"class_list":["post-208601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-bitcoin"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/208601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=208601"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/208601\/revisions"}],"predecessor-version":[{"id":208609,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/208601\/revisions\/208609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/208605"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=208601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=208601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=208601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}