With a fresh rebrand, EOS is the talk of the town.
Bitcoin holds steady ahead of new U.S. tariffs, altcoins remain muted.
EOS Network, a Layer-1 blockchain utilizing the open-source Antelope protocol for fast and feeless transactions, has surged 18% in price over the past 24 hours.According to CoinMarketCap data, $EOS climbed from a low of $0.6071 to an intraday high of $0.8345 before slightly retracing to $0.8505 at press time.
The cryptocurrency marketplace appears to be experiencing an increase in bullishness, as Bitcoin (BTC) remains in the lead at $85,148.35 (+0.97 percent), while Ethereum (ETH) is relatively flat at $1,881.97. The sentiment is generally positive with major cryptocurrencies showing resilience with increased trading volume and favorable technical indicators.
EOS has shot up 20% in the past 24 hours after the blockchain shot up to the third position on the list of top chains in terms of TVL growth.
EOS price has been on a strong bullish trend lately, surging by 47% since March 30 and pushing its market cap past the $1 billion mark for the first time since mid-February. Earlier today, the EOS price hit a two-month high of $0.8345 on Binance, with trading volume spiking 87% to $596.
EOS price rallied 20% as its Vaulta Banking feature and upcoming rebranding attract investors, with technical indicators supporting a potential continued rise toward $1.
The EOS Network has unveiled the Vaulta Banking Advisory Council, a move that has propelled EOS price up by 16% in 24 hours to a two-month high. Following this rise, the EOS market capitalization has also surged past $1 billion for the first time since mid-February.
Cryptocurrency prices have slumped this year leading to a $1 trillion wipeout of their market value. Bitcoin has crashed from the year-to-date high of $109,300 to $85,000, while the market cap of all coins has slumped from over $3.8 trillion to $2.7 trillion today.
The crypto market crawled back slightly on April 1 as investors bought the dip after a brutal quarter in which Bitcoin and Ethereum dropped by 12% and 45%, respectively.
EOS rallied as high as 23% today, ahead of its major rebranding to Vaulta, as multiple bullish patterns emerged on its charts. EOS (EOS) price shot up for the third day in a row, hitting an intraday high of $0.
EOS is starting to move again after weeks of silence! The charts are flashing green, and a breakout might be just around the corner.
The 3-month liquidation heatmap showed that the $0.66-$0.69 was a magnetic zone that could attract prices higher.
The Cosmos ecosystem is set to transform blockchain interoperability with IBC Eureka, the upgrade to its Inter-Blockchain Communication (IBC) protocol. The first transaction between Cosmos Hub (ATOM) and Ethereum was successfully made on Friday, March 28, with potential implications for the user and developer experience in web3.
Cosmos developers are working to extend the Inter-Blockchain Communication (IBC) protocol to Ethereum.
Cosmos developers are advancing efforts to enhance the Inter-Blockchain Communication (IBC) protocol by extending its capabilities to Ethereum.
Cosmos's development team has successfully conducted the first Inter-Blockchain Communication transaction directly between Cosmos Hub and Ethereum.
TL;DR IBC Evolution: Cosmos developers unveiled the “Eureka” IBC upgrade (IBC-go v10) that paves the way for native Ethereum interoperability, enabling seamless asset and data transfers. Milestone Test: Interchain Labs successfully tested an IBC transaction from Cosmos Hub to Ethereum, marking a crucial step toward robust cross-chain functionality.
The development is part of the Eureka upgrade for Cosmos ecosystem, which is expected to release this year.
Nubank, a Latin American financial bank backed by Warren Buffett's Berkshire Hathaway, has expanded its crypto offerings by adding four altcoins to its portfolio. The bank is adding Cardano (ADA), Near Protocol (NEAR), Cosmos (ATOM), and Algorand (ALGO) to its 100 million clients in Brazil, according to a March 25 announcement.
Crypto prices had a mixed performance last week after the Federal Reserve left interest rates unchanged and the U.S. Securities and Exchange Commission ended its appeal against Ripple Labs.
EOS dropped 10.03% to $0.5672 by 21:34 (01:34 GMT) on the Investing.com Index, marking its steepest one-day decline since March 3. The downturn dragged EOSs market cap to $888.72 million, representing just 0.03% of the total cryptocurrency market.
BMT saw reduced selling volume during its retracement phase - Could the bulls be preparing for another rally?
EOS, a blockchain that launched in 2018 during the ICO boom to take on Ethereum, has rebranded to “Vaulta” as it pivots towards Web3 banking to capitalize on the increasing demand for innovative financial investment products.
The Interchain Foundation, part of the Cosmos ecosystem, has announced the open-sourcing of Evmos, establishing it as the network's native Ethereum Virtual Machine (EVM) framework.
Blockchain network EOS has announced its rebrand to ‘Vaulta' with a shift to Web3 banking and banking advisory group. The post EOS Price Jumps as Network Rebrands to Vaulta and Pivots to Banking appeared first on Cryptonews.
EOS experienced significant volatility this week after developers announced a major rebrand and a shift toward a “new era in finance.” EOS (EOS) initially surged to a multi-week high of $0.6675 following the rebranding news before retreating to $0.5695.
The Interchain Foundation has funded the open-sourcing of evmOS—now branded Cosmos EVM—as the standard Ethereum Virtual Machine framework for the Cosmos ecosystem.
The crypto markets remained flat on Tuesday, with the market cap registering a marginal increase and moving to $2.72 trillion. Prices have remained relatively muted as markets wait for the FOMC meeting and clarity on interest rate cuts.
TL;DR Interchain Integration: The ICF has open-sourced Evmos, now rebranded as Cosmos EVM, integrating EVM compatibility directly into the Cosmos SDK to streamline cross-chain communication between Ethereum and Cosmos. Developer Empowerment: Released under the Apache 2.0 license, Cosmos EVM enables developers to easily incorporate Ethereum features, Ethereum wallets, and native ERC-20 tokens.
EOS Network is undergoing a significant rebrand, now transitioning into Vaulta as it ventures into the world of Web3 banking.
EOS price soared by 25% after the Vaulta rebrand and briefly soared above $0.65.
TL;DR Rebranding for Web3 Banking: EOS rebrands to Vaulta, pivoting to integrate decentralized finance with traditional banking systems. Token Swap & Exchange Expansion: A token swap (1:1) is planned by May 2025, with Vaulta set to list on nearly 140 exchanges.
EOS has surged by 26% over the past 24 hours, making it the top-performing crypto asset during that period.
Amid the market's bear struggle, the EOS price attains an unexpected rally. EOS blockchain network token has been struggling for years, losing more than 100% of its value from ATH, but things have changed today, as it surged 32% within hours.
EOS Network has announced that it will rebrand to Vaulta in a pivot to offer modern banking services to Web3 users. In the announcement, EOS Network also mentioned that it will be transitioning officially and launching a new token tentatively in May 2025.
The attackers impersonated legitimate entities to trick users.
EOS Network's rebrand to "Vaulta" and pivot to Web3 banking triggered a 30% price surge, though the token remains well below its all-time high.
The native token of the EOS Network recorded a strong bullish momentum amid the network's rebranding to Vaulta.
EOS Network has announced its rebrand to Vaulta, signaling a major move into Web3 banking. A token swap is expected by the end of May 2025, awaiting final confirmation.
The price of EOS rose 25% following news of its rebrand to Vaulta and a shift toward web3 banking. EOS (EOS) gained 25% to $0.
EOS Network has announced a radical transformation: the rebranding to Vaulta and the entry into the Web3 banking sector.
EOS is being dusted with small transactions, spoofing OKX, Binance and other exchanges. The attack arrives just a day after EOS rebranded itself to Vaulta, in a bid to create a Web3 bank.
EOS is trending as one of the top-gaining altcoins today, with its price up 27% in the past 24 hours. According to CoinMarketCap, EOS (EOS) leads the top 100 cryptocurrencies by market cap, ahead of Raydium (RAY) and Maker (MKR).
EOS is currently under attack by malicious actors who are exploiting a technique known as address poisoning.
EOS saw a significant 11.87% surge on Tuesday, reaching $0.5621 by 18:52 (22:52 GMT) on the Investing.com Index. This marks its largest one-day percentage gain since March 18, pushing its market capitalization to $810.96 million, representing 0.04% of the total cryptocurrency market.
EOS Network is transforming into Vaulta, marking a major shift toward Web3 banking. This rebrand includes a token swap planned for late May, positioning Vaulta as a bridge between traditional finance and decentralized banking.
The EOS blockchain is currently under attack by malicious actors employing an address-poisoning scheme.