Bitcoin $10.000: History of price trends

We have made research related to the most significant periods of Bitcoin price evolution displayed on time chart
28 November 2017   3054

Bitcoin has finally overcome the greatest psychological barrier, passing $10,000. The price of Bitcoin have shown a fast development moving in the upwards direction and growing to $10.000 within past 2 days. Bitcoin rose from the price of $9000 on November 26, when the market capitalisation was $150 billion, to the price of $10.000 on November 28 with market capitalisation of $166 billion.

We have created a time chart related to the most important dates of Bitcoin price trends.

The longest path of the bitcoin counted 1559 days, reaching $100, when the fastest progress took 2 days, reaching $10,000.

Currently, Bitcoin is being actively traded at the following exchanges:

  • Bithumb
  • Bitfinex
  • GDAX
  • HitBTC
  • bitFlyer
  • OKEx
  • Coinone

Bitcoin markets $10.000Bitcoin Markets

At the moment of press, these are main market parameters of Bitcoin:

  • Average price: $9984.56
  • Marketcap: $166,806,921,841
  • 24h volume: $5,738,220,000

Israeli BTC Investors to Face Catch 22

They need to pay taxes from Bitcoin investing in order to avoid their property arrest, but banks don't take their money due to AML issues
06 August 2019   142

Bitcoin investors in Israel are faced with the impossibility of paying taxes, as local banks refuse to accept funds received from the sale of cryptocurrencies because of the risks of money laundering and terrorist financing. About this writes the local edition of Haaretz on August 6.

Bitcoin is not recognized as a currency in Israel, therefore, individuals must pay 25% of the income from cryptocurrency trading to the treasury, and legal entities - 47%.

Investor Ron Gross told the publication that he acquired bitcoins in 2011 and reported his income to the tax office. In 2017, the bank that served Gross began to refuse to accept funds received from the sale of bitcoins. The investor met with representatives of the bank to demonstrate to them a 70-page history of bitcoin transactions as confirmation of the origin of the funds, but failed to convince them.

The tax authority is aware of the problem, but they say the ball isn’t in their courts. I’ve tried working with almost all the banks, but the minute they hear the word ‘Bitcoin’ they freeze up.

Ron Gross

Bitcoin investor from Israel


Since Gross was unable to pay taxes on time, his bank account, home, and even scooters were arrested. According to the investor, the tax authorities know about the problem, but can do nothing.

According to Haaretz, the tax office is aware of $ 86 million in unpaid taxes on income from cryptocurrency trading. It is possible that the real amount may be significantly higher.

Roy Arav, another Bitcoin investor, kept the proceeds from trading Bitcoin in an account with Israeli bank Discount under the control of the Bit2C exchange. The bank refuses to transfer money to Arava’s personal account under the pretext that its politicians forbid it to transfer funds related to virtual assets to client accounts due to the risks of money laundering and terrorist financing.

Arav also could not pay taxes and was forced to sue the bank. According to the investor, the authorities entered his position and granted him a deferral of time for the consideration of the claim.