17:00 Banking Giant Launching VC for Crypto Investments, Paying Taxes With Crypto in US, EOS Independence + More News
Here is why a 0.75% Fed rate hike could be bullish for Bitcoin and altcoins The S&P 500 and the Nasdaq Composite index suffered their worst weekly performance since June as investors remain concerned that the Federal Reserve will have to continue with its aggressive monetary policy to curb inflation and that could lead to a recession in the United States. Bitcoin (BTC) remains closely correlated to the S&P 500 […]
A range-break from Bitcoin could trigger buying in ADA, ATOM, FIL and EOS this week The decline in the United States equities markets last week extended the market-wide losing streak to three consecutive weeks. The Nasdaq Composite fell for six days in a row for the first time since 2019. The markets negative reaction to a seemingly positive August jobs report suggests that traders are nervous about the Federal Reserve’s […]
Data shows Bitcoin and altcoins at risk of a 20% drop to new yearly lows After the rising wedge formation was broken on Aug. 17, the total crypto market capitalization quickly dropped to $1 trillion and the bulls' dream of recouping the $1.2 trillion support, last seen on June 10, became even more distant. Total crypto market cap, USD billion. Source: TradingView The worsening conditions are not exclusive to crypto […]
EOS price jumps 20% for biggest gain in 15 months — what's fueling the uptrend? EOS rose approximately 20% to reach $1.66 on Aug. 17 and was on track to log its best daily performance since May 2021. Initially, the EOS rally came in the wake of its positive correlation with top-ranking cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH), which gained over 2% and 3.75%, respectively. But the upside move was also […]
Why is EOS up by more than 30% in the last 24 hours? The cryptocurrency market is turning things around today, and EOS is one of the best-performing cryptocurrencies among the top 50 coins. EOS, the native coin of the EOSIO ecosystem, is the best performer amongst the top 50 cryptocurrencies by market cap. EOS has added more than 30% to its value in the last 24 hours. […]
EOS Price Analysis: Fresh Increase Possible Above $1.25 EOS price is showing positive signs above the $1.20 resistance against the US Dollar. The price is now trading below $1.25 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could […]
EOS Price Analysis: Bulls Eye More Upsides EOS price is gaining pace above the $1.20 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.12 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue […]
Top 5 cryptocurrencies to watch this week: BTC, ETH, BCH, AXS, EOS The bulls are attempting to achieve a strong weekly close for Bitcoin (BTC), while the bears are attempting to regain their advantage. Analysts are closely watching the 200-week moving average which is at $22,705 and BTC's current setup suggests that a decisive move is imminent. Many analysts expect a weekly close above the 200-week MA […]
EOS Price Analysis: Bulls Must Protect This Key Support EOS price is correcting gains from the $1.10 zone against the US Dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.03 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair […]
Top 3 altcoins to never buy even when crypto prices rebound Altcoins have had a difficult time during the ongoing crypto winter. In total, Bitcoin and all altcoins have shed over $2 trillion worth of value in the past few months. While this trend will likely continue, there is a likelihood that most altcoins will rebound together with stocks. Here are some of the top altcoins […]
EOS Price Analysis: Bulls Face Key Resistance Near $1.0 EOS price is facing resistance near $0.98 and $1.00 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair […]
EOS Price Analysis: Bulls Eye Upside Break above $1.05 EOS price is facing resistance near $1.00 and $1.05 against the US Dollar. The price is now trading above $0.950 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.970 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue […]
EOS Price Analysis: Bears In Control Below $1 EOS price is facing resistance near $1.00 and $1.05 against the US Dollar. The price is now trading below $0.950 and the 55 simple moving average (4-hours). There was a break below a key triangle pattern with support near $1.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could […]
Vitalik Buterin Recalls Old Joke About EOS as the Team Claims They are 'Making a Comeback' Source: AdobeStock / Aleksandra Sova Ethereum (ETH) co-founder Vitalik Buterin has tweeted that EOS, a once-popular blockchain project, stands for “Ethereum on Steroids,” recalling an old joke within the crypto community. The Ethereum mastermind praised the project, saying that the core team learned from "Ethereum's amateurish naivety and idealism" and created a smart contract platform […]
EOS Price Analysis: More Losses Possible Below $1.20 EOS price started a fresh decline from the $1.80 resistance against the US Dollar. The price is now trading below $1.5 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could […]
EOS Price Analysis: Bulls Eye Upside Break Above $2.3 EOS price started a fresh increase above the $2.00 zone against the US Dollar. The price is now trading above $2.10 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $2.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The […]
EOS (EOS) fails to break downtrend despite reporting significant rally over the last week or so Since September last year, EOS (EOS) has been on a massive downtrend. The coin has sparked a bit, but the general outlook ever since has been downward. There was however some hope that the rally in recent days could trigger a sustained climb. It did not happen, and here are some highlights: At press time, […]
Crypto News Rewind 2021: Q4 - Pandora Papers, India's Regulatory Saga, Facebook to Meta and Other Rebrands
EOS Price Analysis: Bulls Aim Larger Increase Above $3.50 EOS price started a decent recovery from the $3.00 zone against the US Dollar. The price is now trading just above $3.30 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $3.25 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). […]
What We Can Learn From Previously Failed Metaverse Crypto Games With the recent hype regarding Metaverse crypto gaming, many people forget that Blockchain-based games have been around for a few years already. This article will look at three failed blockchain-based games from 2019 and discuss what the current games are doing differently. We will also look at some challenges ahead of Metaverse crypto games and […]
EOS Price Analysis: Bulls Face Resistance Near $3.8 EOS price started a fresh decline from the $4.20 resistance against the US Dollar. The price is now trading below $3.80 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue […]
