Disney's "Avengers: Endgame" is now the highest-grossing film of all time having earned $2.79 billion at the global box office.Entertainmentread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
Regional stability, oil prices and potential for war will all depend on what Iran does with its nuclear program in the event of the deal's termination.World Politicsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Bitcoin is rallying. The digital tokens were priced around $7,400 on Thursday at 5:30 p.m. ET — an increase of more than 10 percent from a month ago, according to Coinbase.
But Arthur Hayes, the bitcoin bull who predicted the cryptocurrency would reach $50,000 by year's end just a few weeks ago, said bitcoin hasn't bottomed yet.
"I don't actually think we've seen the worst," Hayes, co-founder and co-CEO of Bitmex, said Thursday on "Fast Money. "
His firm, BitMEX, or Bitcoin Mercantile Exchange, is the largest cryptocurrency trading platform by volume.
Hayes told CNBC that the coin could hit "8,000, 9,000 and maybe just shy of 10,000," before falling again.
"I would like to see us test 5,000 to really see if we put a bottom in," Hayes said.
Bitcoin's rally was good news for digital coin traders who watched the largest cryptocurrency by market cap fall below $6,000 last month. The coin recovered a few days later but is still significantly lower than bitcoin's all-time high of around $19,500 last December.
Still, Hayes stands firm on his earlier bitcoin predictions.
In an email to CNBC, Hayes confirmed, "I think the current rally will top out close to but not greater than $10,000. Then we will fall and test $5,000. If that holds then we can rally to $50,000 by year end."
And, he said, market watchers should expect more volatility in the digital currency space.
That's because, during the summer months, investors are "taking a little bit of a chill time," he said.
"But come back in Q3, Q4, I think is when the party is going to start again," Hayes said.