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The open-source blockchain platform, EOSIO [EOS]  may not have been on the watch of many crypto investors. The reasons for this are as clear as day.

The move follows a positive court ruling over a settlement tied to allegations of unregistered security sales.

Bitcoin (BTC) price tried to reach the $24,500 level but took a sudden turn and lost almost $1,000. More 24-hour volatility has arrived from Dogecoin.

Eos rose by as much as 20% on Wednesday, as bulls continued to react to the news of its upcoming Yield+ incentive program. Today's price surge comes despite the global cryptocurrency market cap falling by almost 2% as of writing. Tezos was also higher, hitting a two-month high on hump day.

EOS token surges following Block.one settlement refusal in district court for the Southern District of New York. The post EOS token jumps 17% following court ruling on Block.one settlement appeared first on The Block.

The blockchain protocol Antelope has taken what it describes as a “leap of freedom” and forked its protocol off development firm Block.one's EOSIO platform and instead embraced the rival EOS Network Foundation.

The EOS price analysis turns explosive today as zoomed 15% on Wednesday. The coin opened flat but scaled up exponentially and refreshes the three-month highs.

Between mid-June and mid-July, EOS/USD chart information shows a period of indecision between the forces of buyers and sellers.

The Proof-of-Stake blockchain is set to reveal its new branding as the project moves to distance itself from previous developer Block.one.

The Proof-of-Stake blockchain is set to reveal its new branding as the project moves to distance itself from previous developer Block.one.

EOS is the best performing top 50 crypto on positive network developments, while traders are getting worried about a bearish Bitcoin breakout.

While bitcoin stands below $24,000, Dogecoin and EOS experienced enhanced volatility with the latter soaring by double digits.

EOS attempts to become a fully decentralized network following a key "hard fork" in September.

Bitcoin price struggled to clear the USD 24,500 resistance zone. BTC slowly moved below the USD 24,200 and USD 24,000 levels. It is currently (04:00 UTC) struggling and might continue to move down towards the USD 23,500 level.

If crypto markets remain in an uptrend during August, an EOS price prediction of $2.28 appears to be totally on the cards.

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).

The crypto market continued closing in red for the fifth day, although it did not lose much today, sitting at $1.05 Trillion.

EOS price analysis shows the continuation of the upside momentum but with limited price action. The buyers meet the critical supply zone after surging more than 12% in the previous session.

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).

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. EOS's descent below the $3.6-mark gave the sellers enough thrust to cause a breakdown below $1.

If Bitcoin clears its overhead resistance level, ETH, BCH, AXS and EOS could resume their uptrend with surprising strength.

The bear market has upset many people. Yet, this post is all about the top 5 cryptocurrencies that have earned excellently in the last seven days.

For nearly six weeks, the EOS price rose in response to the rising parallel channel pattern. However, the pattern could contain the growth in bullish momentum, resulting in an upside breakout.

The EOS price analysis shows strong bullish momentum, despite the bears being at the upper hand previously. The buying momentum has overpowered the market with a greater tendency towards buying more assets.