Dec 11, 2017

Bitcoin arrives on Wall Street

"Futures on the world's most popular cryptocurrency surged as much as 26% in their debut session on Cboe Global Markets Inc.'s exchange, triggering two temporary trading halts designed to calm the market," per Bloomberg:

"Initial volumes exceeded dealers' expectations, while traffic on Cboe's website was so heavy that it caused delays and outages."
Why it matters: "The launch of futures on a regulated exchange is a watershed for bitcoin, whose surge this year has captivated everyone from mom-and-pop speculators to Wall Street trading firms. "

Be smart: "The new gold," or a tulip craze? Bloomberg View brings us Bitcoin in one sentence: "No one's in charge."

Go deeper: A quarter trillion dollars is at risk when bitcoin crashes — and that’s just for starters

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Axios

Updated 6 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

Global: Total confirmed cases as of 10:30 p.m. ET: 20,532,835 — Total deaths: 747,845— Total recoveries: 12,743,275 — Map.
U.S.: Total confirmed cases as of 10:30 p.m. ET: 5,193,266 — Total deaths: 165,934 — Total recoveries: 1,714,960 — Total tests: 63,252,257 — Map.
Politics: Pelosi says Mnuchin told her White House is "not budging" on stimulus position.
Business: U.S. already feeling effects of ending unemployment benefits.
Public health: America's two-sided COVID-19 response — America is flying blind on its coronavirus response.
Education: New Jersey governor allows schools to reopen — Gallup: America's confidence in public school system jumps to highest level since 2004.

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Axios

Updated 25 mins ago - Health

World coronavirus updates

Data: The Center for Systems Science and Engineering at Johns Hopkins; Map: Axios Visuals

France reported more than 2,500 new COVID-19 cases in 24 hours — the largest single-day number since May. French officials said the situation was "clearly worsening," per France 24.

By the numbers: Over 745,600 people have died of the novel coronavirus globally and over 20.4 million have tested positive, per Johns Hopkins. Almost 12.7 million have recovered from the virus.

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Jacob Knutson

36 mins ago - Health

U.S. reports 1,485 coronavirus deaths in a single day

Healthcare workers handling coronavirus tests in Los Angeles on August 11. Photo: Mario Tama/Getty Images

The U.S. reported 1,485 deaths due to the coronavirus on Wednesday, COVID Tracking Project data shows.

Why it matters: It's the highest single-day COVID-19 death toll since May 15, when the country reported 1,507 deaths. The U.S. has seen a total of 157,758 deaths from the virus.