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Tokyo-based digital payments firm PassPay has announced a strategic alliance with EOS Network Foundation (ENF), the lead developer of EOS Network. The agreement will see the two entities explore the development of new financial products that make use of blockchain technology.
EOS price is eyeing a fresh increase from the $0.658 support against the US Dollar. The price is now trading above $0.700 and the 55 simple moving average (4 hours).
Cryptocurrencies were the best-performing assets in the financial market this week. Ethereum surged above $2,000 for the first time since April last year. Similarly, Bitcoin price surged to $37,000 while the combined market cap of all cryptocurrencies soared to over $1.4 trillion. There were several breakout stars during the week.
EOS price started a fresh increase above the $0.65 resistance against the US Dollar. The price is now trading above $0.665 and the 55 simple moving average (4 hours).
EOS price started a fresh increase above the $0.60 resistance against the US Dollar. The price is now trading above $0.612 and the 55 simple moving average (4 hours).
Bitcoin (BTC) price continued its bullish trend in the overnight session after the Federal Reserve decided to leave interest rates unchanged. While the bank left the door for another rate hike wide open, most analysts believe that a prolonged pause followed by a cut will happen.
The restructuring of the EOS Foundation focuses on enhancing their operational efficiencies and reaching core objectives.
EOS price started a fresh increase from the $0.525 support against the US Dollar. The price is now trading above $0.580 and the 55 simple moving average (4 hours).
EOS price remained in a bearish zone and declined below the $0.550 zone against the US Dollar. The price is now trading below $0.545 and the 55 simple moving average (4 hours).
The EOS Network Foundation has described v0.6.0 as a “game-changer” on account of it offering “a rejuvenated DeFi experience, robust technical upgrades, and trustless USDT bridging”.
EOS EVM, the Ethereum-compatible version of the EOS network, has just had a major upgrade. v0.6.0 of the protocol comes bearing a raft of new features and improvements that will make the network more developer friendly.
With a new release activated, EOS network users can easily move tokens, including the largest stablecoin, U.S. Dollar Tether (USDT), from the main EOS blockchain to its EVM sidechain. This advances the set of opportunities EOS EVM account unlocks for traders, developers and investors.
EOS price started a fresh decline below the $0.558 zone against the US Dollar. The price is now trading below $0.550 and the 55 simple moving average (4 hours).
Between July and September, Layer 1 blockchain EOS experienced a decline in on-chain activity and dollar-denominated revenue.
Hopes are high that v6 will mark a new era for the revitalized EOS.
EOS price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.600 and the 55 simple moving average (4 hours).
The foundation aims to inspire other networks to implement climate positive strategies, thereby creating a sustainable digital economy.
Crypto's environmental credentials have been bolstered with the news that the EOS Network Foundation is leading a campaign to transform EOS into a green blockchain. Not content with being carbon neutral, the chain will go a step further to become ‘climate positive.
Crypto's environmental credentials have been bolstered with the news that the EOS Network Foundation is leading a campaign to transform EOS into a green blockchain. Not content with being carbon neutral, the chain will go a step further to become ‘climate positive.
EOS price started a downside correction from the $0.588 zone against the US Dollar. The price is now trading below $0.575 and the 55 simple moving average (4 hours).
While EOS Network's technical architecture allows the blockchain to handle an impressive amount of transactions being fully carbon neutral, its Foundation, together with a large on-chain game and major sustainability platform, is going to make EOS "climate positive."
In a decisive move, the EOS community has opted to reject Block.one's $22 million settlement offer, emphasizing the significant gap between the $4.1 billion raised during its Initial Coin Offering (ICO) and the unfulfilled commitments that led to a legal showdown. The EOS Network Foundation (ENF), spearheading the community's efforts, remains steadfast in its pursuit of justice and the revitalization of the EOS ecosystem.
According to Yves La Rose, the founder and CEO of the EOS Network Foundation (ENF), the blockchain software company Block.one's failure to financially back the EOS ecosystem after the 2018 initial coin offering (ICO) is one of the many reasons why the community felt compelled to take over.
EOS price is eyeing a fresh increase from the $0.525 support against the US Dollar. The price is now trading above $0.56 and the 55 simple moving average (4 hours).
