Tag: EOS

EOS price prediction | Is EOS a good investment?

EOS is known for being a relatively stable cryptocurrency, with fewer dramatic price swings compared to others. While it’s been on a gradual decline overall, its price movement in April has started to draw some attention. Is EOS a good investment? When could it start climbing again? Find out in our EOS price prediction. What is EOS? EOS is a blockchain platform designed for building dApps of any scale. Often dubbed the “Ethereum killer” by fans, EOS offers similar functionality but with greater scalability, zero transaction fees, and a unique…

Crypto climbs as stocks crater: Altcoins EOS, Pendle surge

Cryptocurrencies, including certain altcoins, outperformed global stocks this week as the fear and greed index dropped to its lowest level in years. Bitcoin (BTC) is holding firm while the stock market melts down, with several altcoins soaring as global markets reel from President Trump’s newly announced tariffs on Chinese imports. The world’s leading cryptocurrency has officially outperformed the tech-heavy Nasdaq 100 on a year-to-date basis, despite staying relatively flat this week. Meanwhile, U.S. equities took a historic tumble. The Dow Jones Industrial Average lost a staggering 2,200 points on Friday…

EOS Jumps 20% amid Stagnant Market: Analyst Sees $1.4

Key Notes EOS is ranked third on the list of blockchains with the highest TVL growth in the past week. The cryptocurrency has been on a rollercoaster, reaching its two-month high of $0.8147 in the past 24 hours. A crypto analyst claims that EOS could skyrocket to the $1.4 price tag in the near future. EOS EOS $0.81 24h volatility: 17.2% Market cap: $1.22 B Vol. 24h: $662.53 M , an old blockchain protocol that has regained popularity this cycle, shot up nearly 20% in the last 24 hours, following…

EOS Network rebrands to Vaulta in shift to Web3 banking

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The EOS Network, a blockchain that launched in 2018 amid the initial coin offering boom, has rebranded to Vaulta and will pivot to focusing on Web3 banking.  The switch to Vaulta is tentatively scheduled for the end of May and will include a new token and the establishment of an advisory group known as the Vaulta Banking Advisory Council to help with the firm’s new direction, the company said in a March 18 statement. In a separate statement, the firm said the network’s EOS (EOS) token will transition to the…

EOS, IOTA, Hedera prices lead as Bitcoin stalls at $97k

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Popular layer-2 cryptocurrencies like EOS, IOTA, and Hedera Hashgraph were among the top gainers on Friday as Bitcoin found resistance at $97,000. EOS (EOS) surged to $0.9570, rising over 36% from its December low and pushing its valuation to more than $1.2 billion. The token’s jump was driven by Binance’s announcement of an APR boost airdrop through the BNSOL Super Stake program. The boost will begin on January 6 and run through January 20, with users set to receive 320,656 EOS tokens valued at nearly $300,000. We’re excited to announce…

EOS Network Unveils Spring 1.0 and Savanna: A Leap in Blockchain Consensus

James Ding Oct 27, 2024 11:02 The EOS Network Foundation has introduced Spring 1.0 and the Savanna consensus algorithm, promising advancements in finality, scalability, and security for the EOS blockchain. In a recent development, the EOS Network Foundation has launched the Spring 1.0 release, alongside the new Savanna consensus algorithm. This release marks a significant advancement for the EOS blockchain, aiming to address previous limitations and enhance performance, according to eosnetwork.com. Introduction and Background Spring 1.0, released on September 25, 2024, represents…

US jobs data deals blow to Ethena, Solana, and EOS prices

It was a sea of red in the crypto industry on Friday after Bitcoin price dropped below the crucial support of $55,000. Most altcoins like Ethena (ENA), Solana (SOL), and EOS dropped by over 10% in the past 24 hours. The total market cap of all coins dropped from the year-to-date high of $2.7 trillion to $2 trillion. Ethena vs Solana vs EOS prices US nonfarm payrolls (NFP) data The falling crypto prices received another blow when the US published another solid nonfarm payroll (NFP) data. According to the Bureau…

Tether Announces Shift to ‘Community Driven Support’ Regarding USDT in Eos and Algorand

Tether, the company that manages the issuance of USDT, the largest stablecoin of the crypto market, has announced a shift in its focus on providing support to blockchains based on community interest. The company announced it would stop minting USDT tokens in two blockchains, Eos and Algorand, starting June 24. Tether Announces Change to Community-Driven […] Source CryptoX Portal

Tether to decommission USDT on Algorand and EOS

Tether plans to sunset USDT minting on two major blockchain ecosystems over a year-long transitionary period.  Stablecoin giant Tether announced its decision to shutter USDT support on Algorand and EOS within the next 12 months, citing a pivot to more community-centric networks.  An official notice on Monday said the firm plans to focus more on striking a balance between maintainability, usage, and community interest. “Our goal is to allocate resources where they can best enhance security and efficiency while continuing to support innovation across the crypto landscape,” the firm noted…