- A TikTok of a girl getting an abortion is going viral—and the internet is divided Friday 3:06 PM
- FCC proposes $200 million fine for T-Mobile, others over data sharing Friday 3:03 PM
- Which ‘Love is Blind’ couples are still together? Friday 2:01 PM
- Review: ‘The Invisible Man’ reboot is thrilling but basic Friday 1:25 PM
- Sex workers speak out after OnlyFans leak Friday 1:21 PM
- Normani addresses Camila Cabello’s racist social media posts Friday 1:07 PM
- Mike Huckabee’s defense of Trump’s coronavirus response will make you nauseous Friday 12:06 PM
- Gmail’s email filtering may affect what candidate emails you are seeing Friday 11:08 AM
- Woman shares aftermath of domestic abuse: ‘This is only to raise awareness’ Friday 10:40 AM
- Skai Jackson gets restraining order against Bhad Bhabie after death threat Friday 10:19 AM
- Taylor Swift shades Scooter Braun in ‘The Man’ video Friday 10:15 AM
- Porn stars are lining up behind Bernie Sanders Friday 10:10 AM
- YouTube mom says she ‘beat’ her 2-year-old daughter for ruining her makeup kit Friday 10:02 AM
- Ajit Pai’s net neutrality victory lap comes as his own repeal is under review Friday 9:20 AM
- Alissa Violet is in Italy—and fans are worried she’ll get coronavirus Friday 9:19 AM
Bitcoin is still booming.
Bitcoin’s value sits at $6,991 as of Thursday morning after dipping from a record high of $7,355. The rise follows news that the world’s largest derivatives marketplace operator, CME Group, will start offering Bitcoin futures in response to client demand by the fourth quarter this year. Analysts believe the move will bring wealthy mainstream institutions on board.
“Futures from an incumbent exchange bring bitcoin and cryptocurrencies into the regulatory fold,” Charles Hayter, CEO of Crypto Compare, told CNBC. “This allows more complex financial products to be created and will eventually open the doors to institutional money.”
The latest spike in value brings Bitcoin’s yearly gain to well over 600 percent.
Phillip Tracy is a former technology staff writer at the Daily Dot. He's an expert on smartphones, social media trends, and gadgets. He previously reported on IoT and telecom for RCR Wireless News and contributed to NewBay Media magazine. He now writes for Laptop magazine.