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EOS Network Enhances Its Stablecoins Ecosystem via Partnership with EOS Stable Coin Chain (ESCC)

ESCC will introduce stablecoin-based gas fees and Ethereum compatibility on EOS. EOS Labs and EOS Network Foundation (ENF), the main stewards of the EOS Network have announced a strategic collaboration with EOS Stable Coin Chain (ESCC), an Ethereum-based stablecoin solutions provider. ESCC is a novel smart contract on the EOS Network using a customized implementation of the EOS EVM architecture. According to the partnership details reaching our desks, the three companies aim to integrate...

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EOS Price Analysis: Key Uptrend Support Intact At $0.72

EOS price is eyeing a fresh increase from the $0.720 support against the US Dollar. The price is now trading near $0.780 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.790 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $0.790 and $0.800 resistance levels. EOS price is recovering above $0.720 against the US Dollar, like Bitcoin. The...

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EOS Price Analysis: Can Bulls Clear This Key Hurdle?

EOS price is recovering higher from the $0.650 support zone against the US Dollar. The price is now trading near $0.682 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.688 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it climbs above the $0.688 and $0.700 resistance levels. EOS price is recovering above $0.670 against the US Dollar, like...

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EOS Price Analysis: Signs of Uptrend Exhaustion Near $0.75

EOS price is attempting another increase from the $0.638 support against the US Dollar. The price is now trading below $0.700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.708 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it climbs above the $0.685 and $0.700 resistance levels. EOS price is recovering above $0.660 against the US Dollar,...

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EOS Price Analysis: More Upsides Likely Above $0.75

EOS price is eyeing a fresh increase from the $0.658 support against the US Dollar. The price is now trading above $0.700 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.6995 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.765 and $0.780 resistance levels. EOS price is recovering above $0.700 against the US Dollar, like Bitcoin. The price...

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EOS Price Analysis: Rally Extends, Bulls Aim For $0.75

EOS price started a fresh increase above the $0.65 resistance against the US Dollar. The price is now trading above $0.665 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.680 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.7150 and $0.7200 resistance levels. EOS price is rising above $0.6800 against the US Dollar, like Bitcoin. The...

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EOS Price Analysis: Bulls In Control, Aim For $0.70

EOS price started a fresh increase above the $0.60 resistance against the US Dollar. The price is now trading above $0.612 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.6295 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.6600 and $0.6720 resistance levels. EOS price is rising above $0.6200 against the US Dollar, like Bitcoin. The...

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EOS Price Analysis: Rally Could Extend By 20%

EOS price started a fresh increase from the $0.525 support against the US Dollar. The price is now trading above $0.580 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.594 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.6150 and $0.625 resistance levels. EOS price is rising above $0.580 against the US Dollar, like Bitcoin. The price...

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EOS Price Analysis: Risk of Downside Thrust Toward $0.50 Still Exist

EOS price remained in a bearish zone and declined below the $0.550 zone against the US Dollar. The price is now trading below $0.545 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5475 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.525 and $0.520 resistance levels. EOS price is struggling below $0.540 against the US...

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EOS EVM v0.6.0 Goes Live Bringing USDT and More to Mainnet

The EOS Network Foundation has described v0.6.0 as a “game-changer” on account of it offering “a rejuvenated DeFi experience, robust technical upgrades, and trustless USDT bridging”. The EOS EVM, the virtual machine that allows Solidity dapps to run on EOS, has just had its biggest upgrade yet. v0.6.0 has been deployed on mainnet, and it brings the EOS EVM closer to providing the sort of DeFi experience its developers always envisioned. There’s a lot to unpack in the release notes for...

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