Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
The Pentagon on Thursday said the recent attack on Saudi Arabian oil facilities were "sophisticated" and represented a "dramatic escalation" in tensions within the region.Defenseread more
The flap illustrates the growing distrust of the YouTube community, and willingness to assume the worst in light of unclear communication.Technologyread more
Four years ago Microsoft had just two women on its board. Walmsley is now the fifth.Technologyread more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
Bitcoin has surpassed $4,000 for the first time in two weeks, continuing to break away from a months-long rout.
The price of the world's best-known cryptocurrency climbed almost 7 percent to $4,037 on Thursday, according to CoinDesk's index tracker.
The last time the digital currency was trading at the $4,000 level was on Dec. 4. It began to plummet in mid-November after months of stability, restoring volatility in an asset known to jump or fall hundreds of dollars within hours.
It has fallen almost 80 percent since a record high near $20,000 in December last year. Earlier this week, bitcoin began to jolt upward on the anniversary of the cryptocurrency's all-time high.
Other major digital assets also traded higher on Thursday. XRP, a virtual token closely associated with blockchain firm Ripple, jumped more than 2 percent to almost 38 cents, while ether, the digital token of the Ethereum blockchain, rose over 5 percent to $109. The two cryptocurrencies are the second and third-most valuable, according to CoinMarketCap.
"The surge on Monday represents a strong push off the key support level of $3,000 per coin," Mati Greenspan, senior market analyst at social trading platform eToro, told CNBC in an email.
"This is an extremely significant movement that may end up creating a floor for the battered down cryptocurrency."
Greenspan said the sudden rally was likely the result of traders closing their short positions ahead of the holidays.
Charles Hayter, chief executive of cryptocurrency comparison platform CryptoCompare, said the recent sell-off in cryptocurrencies was likely seen as a "buying opportunity."
"The maxim of buy when there's blood on the streets could be influencing some to gain exposure at this nadir prior to the new year," he told CNBC in an email Thursday.
Last year proved to be a momentous one for bitcoin, with trading giants like CME and Cboe introducing futures contracts for the virtual currency. According to a Wall Street Journal report out Thursday, New York Stock Exchange parent Intercontinental Exchange may soon get regulatory approval to launch the first futures contract redeemable in bitcoin.
2017 was also a big year for the cryptocurrency space as a whole, as a controversial fundraising method known as an initial coin offering (ICO) gained traction.
ICOs were banned in China and South Korea last year, however, while regulators have upped their scrutiny on the cryptocurrency industry as a whole over concerns of speculative trading and potential criminal activity.
The U.S. Securities and Exchange Commission, meanwhile, has clamped down on numerous crypto projects, including one backed by professional boxer Floyd Mayweather.