First Mover: Bitcoin Steady as Trump Tweets and Neo Takes on Ethereum

More recently, Chinese firms like TikTok and Huawei have established such dominant international positions that U.S. authorities have tried to hold them back.

Da Hongfei, a Neo co-founder, told CoinDesk in an interview the protocol will eventually provide users with features found on popular Ethereum-based projects like Uniswap, Curve Finance, yearn.

Bitcoin defended the psychological support of $10,500 early Wednesday as Asian stocks shrugged off overnight weakness on Wall Street, reducing haven demand for the U.S. dollar.

European stocks, too, are trading higher at press time alongside gains in the S&P 500 futures.

Risk sentiment, which weakened Tuesday following U.S. President Donald Trump's decision to abort the fiscal stimulus negotiations, was restored earlier today after he reversed course and urged Congress to approve a series of coronavirus relief measures, including a new round of $1,200 stimulus checks.

That said, a large-scale stimulus is unlikely to come through any time soon.

Both bitcoin and stocks may have a tough time scoring significant gains.

Growth in the new bitcoin addresses has recently picked up.

XRP: With Ripple executives threatening relocation from the U.S., volatility could be expected for the world's fourth-largest crypto by market cap.

Uniswap: Uniswap's big correction from Oct. 1 heights of $4.46 has some investors worried, but that hasn't fazed users of the Ethereum-based wallet MetaMask as it registered 1 million active users per month hinting at continual growth in the DeFi sector.