According to CNBC, the bitcoin price has smashed past the $7,000 level for the first time. The bitcoin price has risen substantially since CME Group said it would introduce bitcoin futures contracts on Tuesday.
According to Bloomberg, Coinbase recently added 100,000 new users in a 24 hour period.
According to Bloomberg, Goldman Sachs CEO Lloyd Blankfein has said people should not dismiss bitcoin.
According to CNBC, the availability of bitcoin futures may pave the way for a bitcoin ETF. Past ETFs apparently stalled because the bitcoin futures they wanted to track don't exist yet.
According to Bloomberg, Argentina's biggest futures market plans to get into bitcoin.
Featured image via Pixabay.
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Kyle first used Bitcoin in 2011. By early 2014, researching and writing about Bitcoin had become his full-time occupation. Currently, he contributes regularly to Forbes and CoinJournal. His work has also appeared in Business Insider, VICE Motherboard, Nasdaq, and many other media outlets. Additionally, he provides a daily Bitcoin news recap via a newsletter and YouTube show (audio only version available via SoundCloud), which can be found at kyletorpey.com.