EOSEOS EOS news

AppStore' and 'AirBnB' for blockchain products
Price, 24h
4.78 USD / 0.00088460
1.06% / 2.25%
Volume, 24h
1,458,572,398 USD
2.99%
Marketcap
4,489,594,647 / 2.6%
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Chart price/vol/NIS 7d
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Crypto Market Holding Crucial Supports: Bitcoin Cash, XLM, EOS, TRX Price Analysis

The total crypto market cap tumbled sharply, but it stayed above the main $156.0B support. Bitcoin cash price declined sharply, but recovered above $268 and $270. EOS price tested the $4.60 support level and it recently bounced back above $4.70. Stellar (XLM) price is under a lot of pressure and it recently broke the $0.1000 support area. Tron (TRX) traded close to the $0.0225 support level and it is currently correcting higher. The crypto market cap declined heavily, with strong bearish moves in bitcoin (BTC) and altcoins. Ethereum (ETH), BCH, stellar (XLM), ADA, EOS, ripple and tron (TRX) are recovering and facing key resistances. Bitcoin Cash Price Analysis Bitcoin cash price remained under a lot of pressure after it settled below the $295 support area against the US Dollar. The BCH/USD pair broke the $270 support level recently and traded close to the $260 support level. Recently, the price recovered and settled above $270. An initial resistance on the upside is at $275, above which the bulls could make an attempt to push the price above the $282 resistance. On the downside, the main supports are $265 and $260. Stellar (XLM), EOS and Tron (TRX) Price Analysis EOS price declined heavily after it broke the key $5.00 support level. The price even broke the $4.80 and $4.70 support levels. It traded close to the $4.60 support level and recently corrected above $4.70. On the upside, there are many resistances near $4.80 and $4.85 levels. Stellar price started a slow and steady decline below the $0.1050 support level. XLM price even broke the key $0.1020 and $0.1000 support levels. It tested the $0.0975 level and it is currently consolidating losses below $0.1000. On the downside, the main supports are $0.0975 and $0.0962. Tron price failed to recover above the $0.0250 resistance resumed its decline. TRX price broke the $0.0240 support level and traded close to the $0.0225 level. It is currently correcting higher, but it could face a strong selling interest near the $0.0242 and $0.0250 levels in the near term. Looking at the total cryptocurrency market cap hourly chart, there was a strong downward move below the $170.0B support level. The market cap declined more than $10 billion and tested the $156.0B support area. There was no downside break below $155.0B and the market cap recently recovered above $162.0B and $164.0B. However, there are many hurdles on the upside near the $167.5B and $168.0B levels. If there is a close above the $168.5B level, there could be a strong recovery in bitcoin, Ethereum, EOS, ripple, litecoin, bitcoin cash, XLM, TRX, WAN, WTC, ICX, and other altcoins in the coming sessions. If not, there could be a fresh drop to $162.0B or $160.0B. Crypto Market Holding Crucial Supports: Bitcoin Cash, XLM, EOS, TRX Price Analysis was last modified: April 26th, 2019 by Aayush JindalThe post Crypto Market Holding Crucial Supports: Bitcoin Cash, XLM, EOS, TRX Price Analysis appeared first on NewsBTC.
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Poloniex Introduces ATOM and EOS Margin Trading Option for Non-US Customers

This week, the Poloniex crypto exchange introduced EOS and ATOM margin trading for clients residing outside the US.  Bitcoin will be used as the base pair for the trades involving the newly added digital assets. The trading platform has also made adjustments to their crypto assets lending program, with minimum lowered to $0.62 and the […]
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Coinbase Shutdowns, No Password EOS, Stellar Wirex Rumours, Samsung Building On Ethereum

Support Me On Patreon! https://www.patreon.com/TheModernInvestor ---------------------------------------------------------------------------- Protect And Store Your Crypto With A Ledger Nano: https://www.ledger.com?r=8af3ed38d3b7 ----------------------------------------------------------------------------- Buy Bitcoin And Ethereum With Fiat On Binance! https://www.binance.je/?ref=35009618 ----------------------------------------------------------------------------- Open An Account With Binance! https://www.binance.com/?ref=22170588 ------------------------------------------------------------------------------ Bitcoin Donations Address: 1BYhrLpntMYW97sd8K6fquTcr5MYwPAe2y Ripple (XRP) Donation Address: rsoKR5VHJx84oMTYbS7tWg7g5aFebYirVi Ethereum / KIN / OmiseGo Donation Address: 0x0e5f5CEFaA9A0713AB6D8F79E6679E22d86C21f6 -------------------------------------------------------------------------------- Follow Me On Facebook ! https://www.facebook.com/TheModernInvestor https://www.youtube.com/channel/UC-5HLi3buMzdxjdTdic3Aig Follow Me On Twitter: https://twitter.com/ModernInvest ---------------------------------------------------------------------------------- Very Special Thanks To My Patreon Supporters: Chris Charles Roman Geber David Chosrova Stuart Niven Larry Gooch Tyler Winklevoss NBKrypto Steven Harper Ulf Fatman Josefsson Mohammad Tabbaa Brian Vaci Jeffrey Pete Mozar Cryptocurrency Logic Jonathan Robert Kraus Josh Gorcyca K9 Ytrup Crypto Jedi Truls Lee 3000 O. Tom Chhuong Kaneko Tomonori Sir Thomas11_11 Mike McCarty ---------------------------------------------------------------------------------- Photo Credit To: https://images.ecosia.org/mABnT2CLQuwkSh-WgsPkdw9vyWE=/0x390/smart/https%3A%2F%2Fcointube.net%2Fwp-content%2Fuploads%2F2019%2F04%2Fdmitry-moraine-1193971-unsplash-1-768x512.jpg
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EOS Price Could Decline Towards $4.00 Before Fresh Upside

EOS price traded towards the $6.00 level and later corrected lower against the US Dollar. The price declined heavily and broke the $5.08 and $4.90 support levels recently. There is a major bearish trend line in place with resistance at $5.20 on the 4-hours chart of the EOS/USD pair (data feed from Binance). The pair remains at a risk of more losses below the $4.50 and $4.40 support levels in the near term. EOS price started a sharp decline against the US Dollar and bitcoin. The price is currently trading well below $5.00 and it may continue to decline towards the $4.20 or $4.00 support. EOS Price Analysis Yesterday, there was a sharp decline in bitcoin, Ethereum, ripple, litecoin and EOS price against the US Dollar. Earlier, EOS surged above the $5.80 and $5.90 resistance levels. The price even spiked above $6.00 before starting a strong downside correction. It broke the $5.50 support level and the 55 simple moving average (4-hours) to start a substantial correction. Later, there was a break below an ascending channel with support at $5.48 on the 4-hours chart. It opened the doors for more losses and the price declined below the $5.28 and $5.08 support levels. Finally, there was a break below the $4.90 support area and the price recently tested the $4.60 level. A swing low was formed at $4.61 and the price corrected higher. It tested the 23.6% Fib retracement level of the last drop from the $5.49 high to $4.61 low. On the upside, there are many resistances near the $4.90 and $5.08 levels. There is also a major bearish trend line in place with resistance at $5.20 on the same chart of EOS/USD. Therefore, if there is an upside correction, the price could struggle near $4.92 or $5.08. On the downside, an initial support is near $4.60, below which the price could decline below $4.50. The next major support is at $4.20, where the bulls may take a stand. The final target for sellers could be $4.00 before the price starts a fresh upward move. Looking at the chart, EOS price is clearly trading in a bearish zone below $5.08 and $5.20. To start a strong upward move, the price must break the $5.20 resistance. However, a successful close above the $5.28 level and the 55 simple moving average (4-hours) will most likely push the price back in a positive zone. Technical indicators Hourly MACD – The MACD for EOS/USD is gaining momentum in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI declined sharply below the 40 and it is currently just near the 25 level. Major Support Levels – $4.60 and $4.20. Major Resistance Levels – $5.08 and $5.20. The post EOS Price Could Decline Towards $4.00 Before Fresh Upside appeared first on Live Bitcoin News.
Live Bitcoin News

EOS Price Prediction Today: Daily (EOS) Value Forecast – April 25

On the downside, if the bearish trend continues, the crypto’s price will fall to the lows at either $4.20 or $4.50 price level. On the other hand, if the $4.73 holds, the crypto’s price is likely to break the EMAs to reach the bullish trend. EOS/USD Medium-term Trend: Bearish Resistance levels: $ 6, $7, $8. […]
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Binance Launches Testnet of Decentralized Exchange

The world’s largest cryptocurrency exchange, Binance announced the launch of Binance DEX testnet. Binance DEX is said to be secure and scalable – with a block interval of one second. User account registration is now open. Testnet went live on Wednesday morning, 20 February 2019

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Biggest weekly losers: XRP, Litecoin [LTC], Stellar Lumens [XLM] fall by 10%; market tanks after Bitfinex-Tether fiasco

The market saw prices of most major cryptocurrencies soar earlier this week. However, the weekend has led to a new turn of events as coins are now being dragged into bearish territory. Among the top-10 coins, the five cryptocurrencies that saw the biggest fall were Stellar Lumens [XLM], EOS, Cardano [ADA], XRP, and Litecoin [LTC]. The fall in prices was a result of the Bitfinex-Tether fiasco. New York State’s Attorney General’s [NYAG] office revealed that iFinex, the company behind the crypto-exchange Bifinex, may be violating New York Law. This announcement was in relation to activities that “may have defrauded” local investors who trade in cryptocurrencies. Stellar Lumens [XLM] Source: Trading View Stellar Lumens [XLM] was valued at $0.1158 on April 20 and fell by 14.68% over the week. At press time, the coin was valued at $0.0990 with a market cap of $1.88 billion. The 24-hour trading volume was noted to be $276 million, as the coin fell by 4.50% over the past day and continued to dip by 0.43% within the past hour. EOS Source: Trading View EOS, at the beginning of the week was valued at $5.47, after which it fell by 13.97% over the past seven days. At press time, the coin was valued at $4.70, with a market cap of $4.43 billion. The 24-hour trading volume of the coin was $2.62 billion as it fell by 1.91% over the past day. The coin, at press time, was falling by 0.14% and failed to recover. Cardano [ADA] Source: Trading View Cardano [ADA] fell by 13.41% over the week, which resulted in its price falling from $0.0769 to $0.0690. The market cap of the coin was reported to be $1.78 billion and the 24-hour trading volume was $108 million. Over the past 24-hours, the coin fell by 4.47% and continued to fall by 1.35% within the past hour. XRP Source: Trading View At the beginning of the week, XRP was valued at $0.3325, after which it slipped by 11.88% and, at press time, was valued at $0.2929. The market cap of the coin was noted to be $12.30 billion and the trading volume of the coin was $1.36 billion. XRP fell by 2.49% over the past day and by 0.50% over the past hour. Litecoin [LTC]  Source: Trading View Litecoin [LTC] noted a fall of 10.79% over the past week, which reduced the price of LTC from $81.33 to $72.64. The market cap of the coin was $4.46 billion with a 24-hour trading volume of $3.15 billion. The price of the coin fell by 0.77% over the past 24-hours and by 0.94% within an hour. The post Biggest weekly losers: XRP, Litecoin [LTC], Stellar Lumens [XLM] fall by 10%; market tanks after Bitfinex-Tether fiasco appeared first on AMBCrypto.
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Bitfinex: $850M Lost Tether ‘False Assertion’

Following the New York Attorney General’s accusations of a $850M cover-up by Bitfinex, the company has issued its response. Binfinex refutes the claims as ‘riddled with false assertions’ and that the funds are not lost.  The Cover-Up Claims According to the NY Attorney General’s claim, Bitfinex lost $850 million of customer money. This had been sent to, and seized by payment processing firm, Crypto Capital Corp. The allegation goes on to say that Bitfinex used cash reserves from affiliated stablecoin, Tether, to cover the shortfall. The AG, Letitia James, claims this ‘loss of funds’ and movement of reserves was not disclosed by operator of both Bitfinex and Tether, iFinex. Therefore, it had “engaged in a cover-up to hide the apparent loss of $850 million of co-mingled client and corporate funds.” At press time, the price of USD Tether 00 has fallen bellow its $1 peg. Meanwhile, its stablecoin competitors such as USD-Coin 00  and TrueUSD 00 are now trading at a slight premium. This suggests that investors are likely swapping their tethers  to avoid any further surprises. Worth noting, Bitcoinist reported yesterday that the supply of tethers has reachd an all-time high. ‘Bitfinex and Tether are Financially Strong’ Bitfinex responded today by claiming that the AG’s filings: …were written in bad faith and are riddled with false assertions, including as to a purported $850 million “loss” at Crypto Capital. It claimed that these funds were not lost, but had “been, in fact, seized and safeguarded,” and it was actively working to get those funds released. It went on to chastise the AG for not doing more to aid and support its recovery efforts. Both Bitfinex and Tether are financially strong – full stop. And both Bitfinex and Tether are committed to fighting this gross overreach by the New York Attorney General’s office against companies that are good corporate citizens and strong supporters of law enforcement. Bitfinex and Tether will vigorously challenge this, and any and all other actions, by the New York Attorney General’s office. The Double Standards Caitlin Long pointed out on Twitter, that even if the allegations were true, the NY AG was guilty of double standards. From 2009-12, Merrill Lynch, according to the SEC: commingled customer funds, used them to cover its own obligations, & had it failed its customers would have been exposed to a “massive shortfall in the reserve account.” Which is essentially what the AG is accusing iFinex of. But whilst the SEC dealt with the Merrill Lynch case without causing panic and customer withdrawals, the move by the AG has sparked just that for iFinex. 7/ So…#NewYork did good investigative work here but needs to be called to task on why the double standard, and why the "gotcha" approach? Why not do the same to #WallSt firms when they play similar shell games??? — Caitlin Long (@CaitlinLong_) April 26, 2019 She also urged exchanges to clean up their acts regarding transparency and proof of solvency, to avoid such situations. The Problem? The Attorney General’s filing, asserts that the Tether funds were extended as a line of credit, over three years, with a 6.5% interest rate. An iFinex share charge, of 60,000,000 shares, secured the loan. Entrepreneur and commentator, Alistair Milne, Tweeted the situation rather succinctly, concluding that, as long as “Bitfinex trades profitably, no problem.” TL:DR the Tether/Bitfinex news:Bitfinex have borrowed ~700mil from TetherBitfinex pay a 'fair' interest rate on this loan60million shares in Bitfinex were pledged as collateralIf CryptoCapital release the USD, no problemIf Bitfinex trades profitably, no problem — Alistair Milne (@alistairmilne) April 25, 2019 Which brings us back to transparency and disclosure. If iFinex told customers and investors about this alleged ‘seizure’ and ‘loan’, then would they now have a problem? And is the AG’s ‘gotcha’ approach really warranted in any case? Is the NY Generaly Attorney acting in ‘bad faith’? Share your thoughts below! Images via Shutterstock The post Bitfinex: $850M Lost Tether ‘False Assertion’ appeared first on Bitcoinist.com.
Bitcoinist

New York Attorney General’s Office Accuses Bitfinex Of Covering $850 Million Losses Using Tether Funds

If you are our BitcoinExchangeGuide’s regular reader. You should already know about the shady connection between Bitfinex and Tether. This Thursday, a document by the New York Attorney General’s (NYAG) office revealed that iFinex, the company behind both Tether (USDT) and Bitcoin exchange Bitfinex, is being sued. In the press release, the attorney general Letitia […]
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