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EOS

EOS Price Analysis: Fresh Rally Likely Above $6.00

EOS tested the $4.50 and $4.60 support levels against the US Dollar. The price is currently trading well above the $5.50 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $5.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a strong increase if there is a clear break above the $6.00 and $6.10 resistance levels. EOS price is signaling a positive move above $5.50...

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EOS Price Analysis: Crucial Breakdown Support Nearby

EOS started topped near $8.872 and started a fresh decline against the US Dollar. The price is currently trading well below the $7.000 support and the 55 simple moving average (4-hours). There is a key contracting triangle forming with support near $6.200 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could either start a fresh rally above $6.70 or it might dive towards the $5.00 support. EOS price is holding a key support near the $6.00...

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Chinese Police Confiscated $3.8 Million in Crypto After Arresting EOS Gambling dApp Team

Chinese police officers have confiscated nearly $4 million in various cryptocurrencies after a raid against several developers that operated a decentralized gambling app built on the EOS blockchain. $3.8 Million in Crypto Seized After receiving tips of suspected illegal activity involving the developers of the dApp called Biggame, the Jiangsu police department opened an investigation. Ultimately, this led to the arrest of 15 people. During the raid, the authorities found and...

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EOS Price Analysis: Bulls Could Struggle Above $6.40

EOS started a fresh surge above the $5.500 and $6.000 resistance levels against the US Dollar. The price is currently trading well above the $5.500 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $6.380 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase, but the bulls might struggle above the $6.400 resistance zone. EOS price is still trading in...

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Tether (USDT) to Launch on Polkadot and Kusama

The largest stablecoin by market capitalization, Tether (USDT), has announced plans to launch on two more blockchains – Polkadot and Kusama. Tether aims to become the first-ever stablecoin operating on Polkadot, but it will first launch on Kusama due to the availability of parachains. USDT Goes on Polkadot and Kusama Tether Operations Limited is the company behind the most widely-utilized stablecoin – Tether (USDT). With over $40 billion of market capitalization, USDT...

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Playza Launches A Fully Decentralized Casino on TRON

[PRESS RELEASE – Limassol, Cyprus, 1st April, 2021, Chainwire] Blockchain-based casino Playza has launched on the TRON network. Playza offers a fair and transparent online gaming experience for crypto users in eligible jurisdictions, with a range of traditional casino games available. There will be no sign-ups, withdrawals or deposits and no forms to fill out. At launch, Playza will exclusively support TRON and TRX tokens for deposits, though plans are in place to support...

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EOS Price Analysis: Breaks Key Hurdle, More Upsides Likely Above $5

EOS started a fresh increase from the $4.000 support zone against the US Dollar. The price is currently trading well above the $4.500 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $4.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could correct lower, but it is likely to resume its upward above the $5.000 resistance zone. EOS price is showing bullish signs above $4.500...

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EOS Price Analysis: Recovery Could Face Hurdles Near $3.8

EOS started a fresh decline after it failed to clear the $4.300 resistance against the US Dollar. The price is currently trading well below the $4.000 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4.050 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could correct higher, but it is likely to face sellers near $3.750 and $3.800. EOS price is showing bearish signs below...

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EOS Price Analysis: Bulls Eye Fresh Rally Above $4.50

EOS is gaining pace from the $3.680 support base against the US Dollar. The price is currently trading above the $4.000 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3.900 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $4.250 and $4.500 resistance levels. EOS price is showing positive signs above $4.000 against the US Dollar, similar...

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Swiss Company UGPay Group AG Launches A New Generation Backed Stablecoin

The backed stablecoin under ticker USDU by a Swiss company UGPay Group AG allows executing fast and affordable transfers with minimum transactional costs. The USDU stablecoin is backed by deposits in a different stablecoin, USDC. A Swiss financial company GTI NET AG with an asset management license acts as a guarantor for tokens liquidity and security of the deposit. The stablecoin USDU operates on the CryptoUnit blockchain that was launched on the 2nd February 2021...

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