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Bullish Bitcoin Price Trend Intact Even After BTC Retests $11.4K Support

 Bitcoin (BTC) price swiftly fell to $11,322 after reaching a daily high at $11,909The drop came as U.S. jobless claims fell to $1.2 million but lawmakers inability to reach a deal on the next coronavirus stimulus package has worried some investorsDespite the pullback to the $11.4K support, Bitcoin price remains in an uptrend Crypto market daily price chart. Source: Coin360Earlier today Bitcoin (BTC) price abruptly dropped to $11,322 after topping out at $11,909.The mild correction came as U.S. jobless claims fell to 1.2 million and U.S. markets opened slightly in the

Stocks Fly and Precious Metals Fly, Bitcoin Remains Firm

Even though we said in yesterday’s update that we weren’t going to cover the Microsoft TikTok talks, it seems things have now escalated to the point where it seems difficult to ignore, especially in light of unprecedented intervention from the president. Shortly after we hit the send button, President Donald Trump stated that TikTok now has a deadline of September 15 to sell off all its U.S. operations to an American company, be it Microsoft, Apple, or anyone else. In addition, the president has stated that the U.S. Department of

Ethereum’s Compound (COMP) Slides to Multi-Month Low Despite DeFi Explosion

While Bitcoin and Ethereum have seen notable bounces since imploding on Saturday evening, Compound and other altcoins are underperforming. The Ethereum-based coin is down 7.5% in the past 24 hours as per data from Coin Market Cap. This comes in spite of the fact that decentralized finance (DeFi), which Compound is a market leader in, has seen strong adoption. Altcoins could see further losses against Bitcoin and the dollar if the market leaders continue to undergo bouts of volatility. Compound Slides Lower In Spite of DeFi Strength The Ethereum-based Compound

There’s More To Bitcoin’s Rally Than Just Inflation Fears

While some analysts are pointing to inflation fears to explain bitcoin’s recent rally, there are so many other factors at play that affect the cryptocurrency’s rise.Neil Johnston was a creature of habit, and it was one of the things which his wife of twenty-four years Dorothy, both loved and loathed about him. While Dorothy appreciated Neil’s dependability, she was wondering if things were getting a little stale.So naturally Dorothy grew a little worried when Neil, who would walk through the door almost like clockwork at 7 pm every evening for