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Report: Q3 2020 Was The Best Quarter For DeFi

A recent report exploring the Q3 2020 developments in the decentralized finance ecosystem confirmed the narrative that it was the best quadrant for the entire field.Additionally, it highlighted Ethereum’s massive role as the underlying technology but also broached several potential competitors, including TRON and EOS.Confirmed: DeFi Exploded In Q3 2020The analytics company Dapp Radar posted its quarterly report on the DeFi progress this week. It described Q3 2020 as the “best quarter for the...

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EOS Price Analysis: Near Crucial Juncture, Can Buyers Save The Day?

EOS rallied sharply above the $2.500 and $2.800 resistance levels against the US Dollar.The price traded as high as $.979 before correcting lower sharply towards the 55 simple moving average (4-hours).There is a short-term declining channel forming with resistance near $2.670 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could either restart its rise above $2.700 or decline further towards the $2.500 support.EOS price is trimming gains from the $3.000 resistance...

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#987 Neues Geldsystem durch Hintertür, Google Cloud EOS Block Producer & Trons DeFi-Strategie

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 987. Im heutigen Video geht’s um folgende Themen: Neues Geldsystem durch die Hintertür, Google Cloud wird Block Producer bei EOS & Trons DeFi-Pläne – Justin Sun will einfach Ethereum kopieren. 1.) Digitaler Euro in Vorbereitung?https://www.mmnews.de/wirtschaft/152432-digitaler-euro-in-vorbereitung 2.) Google Cloud wird Block Producer bei EOShttps://www.btc-echo.de/google-cloud-wird-block-producer-bei-eos/...

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EOS Price Gained 17% as Google Cloud Joins The Blockchain Community

Software and EOS developer Block.one announced the news of Google Cloud joining the community via a blog post published earlier today, on Oct. 6.According to the announcement, apart from joining the network, Google Cloud is also aiming to become a BP on the chain.The decision to allow Google Cloud to become a BP will be put to a vote among token holders. Currently, 21 BPs form the core part of the EOS network. Also, joining the public blockchain platform will mean that the tech behemoth will...

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EOS Price Analysis: Here’s Why Break Above $2.65 Is Crucial

EOS started a decent recovery wave above the $2.450 and $2.500 resistance levels against the US Dollar.The price is trading nicely above $2.550 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.575 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could accelerate higher if there is a clear break above the $2.650 resistance zone.EOS price is slowly moving in the positive zone above $2.550 against...

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Is There a Potential Link Between BTC, Facebook and Tesla?

When it comes to Facebook, bitcoin and Tesla, the three entities all seem to share a connection of sorts. Bitcoin is the primary cryptocurrency created in 2008. It has led to the creation of other digital currencies such as Ethereum, Ripple and EOS to name a few.Facebook and Tesla and BTC: What Connects Them?When it comes to Facebook and bitcoin and the relationship that those two entities share, Facebook has clearly been inspired by bitcoin and the crypto space to create its own digital...

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EOS Price Analysis: Bears In Control Below $2.60

EOS started a fresh decline after a close below the $3.000 support against the US Dollar.The price is trading well below the $2.600 support and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $2.550 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could correct higher, but upsides are likely to face hurdles near $2.550 and $2.600.EOS price is back in a bearish zone below $2.500 against the US Dollar, similar to...

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EOS Price Analysis: Upside Break, Bulls Eyeing Fresh Recovery

EOS gained pace from the $2.575 support and climbed higher against the US Dollar.The price is trading above the $2.70 resistance and testing the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to rise if there is a clear break above the $2.800 resistance zone.EOS price is showing a few positive signs against the US Dollar, similar to...

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Crypto Price Analysis September 16: BTC, ETH, LTC, TRX, EOS

The cryptocurrency market is trying to recover. And if such assets as Bitcoin and Ethereum are looking quite confident in favor of further growth, the other ones, like Litecoin and EOS are very likely to fall and test their respective support areas.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.After the cryptocurrencies complete these movements, signals...

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EOS Price Analysis: Positive Signs Emerge Above $2.7

EOS is currently consolidating losses in a range above the $2.665 support against the US Dollar.The price is facing many hurdles near $2.850, $3.000, and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $2.750 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could nosedive if it continues to struggle near the $3.000 resistance zone.EOS price is showing a few recovery signs against the US Dollar, similar...

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