Bitcoin Trading Around $13K As Pelosi Says Stimulus Deal Is ‘Just About There’

In the past 24-hour period, the Bitcoin price has been trading around the $13,000 level as traders wait to find out if House Speaker Nancy Pelosi and the Trump administration mange to reach agreement on a COVID-19 stimulus bill. On Wednesday (October 21), the Bitcoin price surged past $13,000 for the first time in over […]

DAI’s Market Cap Closes in on $1 Billion Mark Thanks to Yield Farming Trend

The market capitalization of the cryptocurrency-backed stablecoin DAI is closing in on the $1 billion mark, thanks to the growth of the decentralized finance (DeFi) space and the yield farming trend within it. According to Messari, the supply of the DAI stablecoin grew by 623% in the third quarter of this year. The stablecoin started […]

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Bitcoin Breaks $11,850 as We Get Closer to a U.S. COVID-19 Fiscal Stimulus Deal

Around 07:25 UTC on Tuesday (October 20), the Bitcoin price broke $11,850 for the first time in nearly seven weeks as COVID-19 fiscal stimulus talks in Washington show more progress. According to data from CryptoCompare, the Bitcoin price went just above the $11,850 level around 07:25 UTC; currently (as of 08:30 UTC), Bitcoin is trading […]