Bitcoin Is Soaring On Unprecedented Burst In Chinese Buying | Zero Hedge "What is the reason for this dramatic move higher? It appears to be China, because moments ago Bitcoin traded in CNY on the Huobi exchange soared as high as 3820, or over $580, imply a massive local-demand driven arb:" http://www.zerohedge.com/news/2016-05-28/bitcoin-soaring-unpr...