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Image source: Twitter  The recent announcement of a $100m war chest for EOS projects caught the crypto community by surprise, not least due to an otherwise gloomy picture in the markets following the collapse of FTX.  Just two days after FTX and Alameda Research filed for Chapter 11 bankruptcy, EOS Network Foundation (ENF) CEO Yves La Rose took to Twitter to let the cat out of the bag, promising that the $100m ecosystem fund would be ring-fenced for investment in purely EOS projects.

EOS price started a fresh decline below the $0.95 support against the US Dollar. The price is now trading below $0.95 and the 55 simple moving average (4-hours).

The global crypto market has witnessed a decline in value, but the optimistic fact is the lowering losses. The performance of Bitcoin, Ethereum, and others has seen a considerable improvement.

EOS price started a fresh decline below the $1.00 support against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours).

EOS price rallied and was able to clear the $1.12 resistance against the US Dollar. The price is now trading above $1.12 and the 55 simple moving average (4-hours).

EOS's double-top setup on the daily chart paved a path for its recent bear run. A plausible reversal from its current rising wedge could pose hurdles for the bulls in the coming sessions.

EOS Network Foundation, the non-profit helping to develop the decentralised blockchain network EOS (EOS/USD), and Busan Metropolitan City, have announced a memorandum of understanding (MoU) to boost city's blockchain ecosystem over the next three years.

The Busan Metropolitan City government has an MoU with several venture firms led by the EOS Network Foundation in a deal that will see millions of dollars invested in the city's web3 startups.

EOS Network Foundation has teamed with key VCs and signed an MoU with South Korea's Busan City. Find out what it entails.

EOS price rallied and was able to clear the $1.10 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours).

Since its all-time high on August 22, EOS has been steadily declining. The crypto market had crashed from March to June, but has since recovered.

The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion.

Although the broader crypto market remains at the mercy of bears, several digital assets are trading in the green. This article reviews a few of these bullish assets for value-seeking investors. 

After an unforgettable couple of months, independent market analyst DonAlt believes on-fire Cardano (ADA), Solana (SOL) may end up seeing the same fate as

After a stellar couple of months, independent market analyst DonAlt believes on-fire Cardano (ADA), Solana (SOL) may end up seeing the same fate as

If there's been one motif that's defined this bear market, it's hacks and exit scams. Which are essentially the same thing.

EOS price started a fresh decline below the $1.10 support against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours).

Amid the ongoing uncertainty in the crypto market, the EOS coin price is trying to sustain below the recently breached $1.1-1.05 support level. Moreover, a low volume retest to the flipped resistance indicates weakness in the buyer's commitment.

With increased DeFi hacks, DeFi protocols need to evolve, and EOS might have the solution.

In the face of rising incidents of hacking, EOS Network has responded by developing two new solutions. Find out how Recover+ and Yield+ work.

EOS price started a fresh decline from the $1.20 resistance against the US Dollar. The price is now trading just above $1.10 and the 55 simple moving average (4-hours).

Crypto analytics platform Santiment is warning that three crypto assets are witnessing negative bias amid their poor price performance year-to-date. Santiment says that traders are beginning to “turn on” smart contract-enabled blockchains Cardano (ADA), Tron (TRX) and EOS (EOS).

The crypto markets appear to have to withstand significant bearish action in recent times as Bitcoin prices continue to trade beyond $20,000. On the other hand, Ethereum prices also continue to sustain above $1300 due to the fact that the DeFi and NFT spaces are also manifesting acute strength.

EOS price started a fresh decline from the $1.25 resistance against the US Dollar. The price is now trading just above $1.18 and the 55 simple moving average (4-hours).