Price Analysis 5/18: BTC, ETH, XRP, BCH, BSV, LTC, BNB, EOS, XTZ, XLM
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In a recent series of tweets, Ethereum co-founder Vitalik Buterin gave a nod of approval to competing blockchain EOS with regard to the niche they are trying to carve out. "If I were designing a new chain to live alongside Bitcoin and Ethereum, I would take all the political tradeoffs that BTC and ETH
Read MoreResearch has found the vast majority of transactions on EOS, Tezos and XRP do not transfer any value.According to a research paper released on pre-print site arXiv, only 2% of transactions on the XRP ledger and 18% of transactions on Tezos (XTZ) lead to value transfers. They found that during the
Read MoreEOS entered a corrective phase on Apr. 30 that has seen its price retrace over 27%. The smart contracts token went from trading at a high of $3.1 to hit a low of $2.3.Despite the significant bearish impulse, data shows that large investors are accumulating EOS on every dip. If
Read MoreEOS Ecosystem, a wallet app that attracts investors to deposit EOS with promised high returns, has reportedly shut down and possibly run away with close to $52 million, according to an April 20 report. $52M is gone and more is potentially missingThe local media’s investigation of EOS block transactions found the
Read MoreIn an unprecedented move, Block.One announced on April 8 that it would begin voting for block producers, or BPs. This marks a clear change in the company’s policies, which previously went to great lengths to dissociate itself from EOS. Block.One’s stake amounts to slightly less than 10% of all EOS, which
Read MoreBlock.one, the company that developed the backend of the EOS network, is now taking a much more active role in it. Its stake of EOS tokens, previously left unused, will be used to vote for block producers (BP), according to an April 8 announcement.The EOS network runs on EOSIO,
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