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Bitcoin/USD Coin Metrics

Bitcoin turns positive for the week as investor worries about GBTC sell pressure subside

by Edgar Davis
Bitcoin turns positive for the week as investor worries about GBTC sell pressure subside

Jonathan Raa | Nurphoto | Getty Images Bitcoin climbed higher to end the week as investors took some comfort in the idea that outflows from the Grayscale Bitcoin ETF (GBTC) …

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Bitcoin breaks below $39,000, bringing decline from ETF highs to more than 20%

by Edgar Davis
Bitcoin breaks below ,000, bringing decline from ETF highs to more than 20%

Bitcoin extended its recent declines on Tuesday, falling further below $40,000 to its lowest level since the beginning of December. The price of the cryptocurrency was last lower by more …

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New details emerge about SEC’s X account hack, including SIM swap

by Walter Watson
New details emerge about SEC’s X account hack, including SIM swap

Headquarters of the U.S. Securities and Exchange Commission in Washington, D.C. Andrew Kelly | Reuters The U.S. Securities and Exchange Commission said on Monday that a SIM swap attack was …

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Bitcoin briefly dips below $40,000 for the first time this year

by Walter Watson
Bitcoin briefly dips below ,000 for the first time this year

Cemile Bingol | Digitalvision Vectors | Getty Images Bitcoin extended its losses on Monday, dipping below $40,000 for the first time this year and pulling the rest of the crypto …

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Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’

by Edgar Davis
Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’

DAVOS, Switzerland — Bitcoin does nothing, JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the World Economic Forum. “I call it the pet rock,” he added. Dimon …

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AI models don’t need publishers’ data

by Edgar Davis
AI models don’t need publishers’ data

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. Denis Balibouse | Reuters DAVOS, Switzerland — Sam …

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Saudi Arabia goes big in Davos as it looks to become a top AI tech hub

by Walter Watson
Saudi Arabia goes big in Davos as it looks to become a top AI tech hub

A pop-up showcasing Saudi Arabia’s Neom development features among the most prominent on the Davos promenade in 2024. CNBC DAVOS, Switzerland — For years, the United Arab Emirates has been …

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Markets in the green, Davos in full swing

by Walter Watson
Markets in the green, Davos in full swing

People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024.  Denis Balibouse | Reuters This report is from today’s CNBC Daily Open, our …

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Bitcoin slides back to $40,000 as post-ETF correction deepens

by Edgar Davis
Bitcoin slides back to ,000 as post-ETF correction deepens

Cryptocurrencies tumbled on Thursday, with bitcoin falling back to $40,000. Bitcoin last traded lower by 3.6% at $41,167.14, according to Coin Metrics. Earlier, it fell as far down as $40,601.37, …

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AI will be fine regardless of who wins White House

by Walter Watson
AI will be fine regardless of who wins White House

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images …

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