Stellar Temporarily Flips EOS as ADA/USD Bulls Eye 12 cents

Still, altcoins are weathering strong headwinds. Other than bullish ADA/USD and XLM/USD, EOS/USD, XMR/USD pairs are stable while LTC/USD could below $50. Needless to say, we are overly positive expectant of loss reversals following 10 months of consecutive lower lows. Let’s have a look at these charts EOS/USD Price Analysis Carbon USD—CUSD, is officially the first stable coin on the EOSIO platform. With fiat as collateral, CUSD is also accessible for Ethereum users. But according to the founder, Samuel Trautwein, their grand plan is to transition into this “fiat-backed algorithmically…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 12

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Nikolay Storonsky, CEO and co-founder of Revolut Ltd., a digital banking provider with a user base of two million, has said at the Web Summit 2018 in Lisbon, that large institutions are showing little interest in digital assets. Any new technology takes time…

Carbon’s Stablecoin Can Now Be Swapped Between EOS and Ethereum

The U.S. dollar-pegged crypto token CarbonUSD has just launched as the first stablecoin on the EOS platform. The token’s developer, Carbon, announced the news in a press release Friday, adding that it believes making the token interoperable across “key” blockchain networks will provide “most value for the crypto industry in the long-term.” CarbonUSD, which has been live on ethereum for two months, can now be transferred onto the EOS blockchain, giving users “even lower fees and faster settlement than on ethereum,” according to the firm. Carbon also offers a portal that provides…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 9

  The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. While many experts and investors view the current crypto bear market as a negative, economist Tyler Cowen, professor at George Mason University, believes that a crash is positive because it helps clean up the system. The dotcom bubble, though painful, wiped out the…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 7

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The sharp drop in Bitcoin’s volatility at a time when the volatility in the U.S. stock markets soared is a sign that cryptocurrencies have decoupled from equity markets. It has emerged as an independent asset class, buoyed by fundamentals. A recent report by Morgan…

Bancor Begins Cross-Blockchain Token Trading Between Ethereum and EOS

Decentralized liquidity network Bancor announced it had completed its partnership with EOS to provide cross-blockchain token swaps in a press release shared with Cointelegraph Nov. 5. Originally announced in September, Bancor has now expanded to the EOS blockchain, using its decentralized application (DApp) BancorX to allow users to convert between Ethereum and EOS-based tokens, without exchanges. The move is the first of its kind, Bancor says in its press release, and paves the way for “vastly more blockchains” to be included in such cross-blockchain trading. “The ability to easily convert assets…

Expert Says EOS isn’t a Blockchain — Just a Distributed Database

Twitter Facebook LinkedIn Blockchain testing and research company Whiteblock Inc. has released a damning verdict on EOS, describing it as a “distributed homogeneous database” masquerading as a blockchain. In a report titled “EOS: An Architectural, Performance and Economic Analysis,” the company dissects several aspects of the EOS protocol and comes to the conclusion that it suffers from a serious security deficiency as well as network performance that is significantly lower than what was claimed. Extraordinary Findings According to the report compiled by Whiteblock’s research team made up of Brent Xu,…

Bitcoin Cash, Stellar, Monero, EOS, Ripple, ARK

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Bitcoin (BTC) turned ten on Oct. 31, but there were no fireworks to mark the celebrations: the cryptocurrencies continue to trade in a tight range. Arthur Hayes, CEO of BitMEX, believes that the current period of low volatility can remain for another 12…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, November 2

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The inflows to crypto investment firm Grayscale have topped $330 million year-to-date, which is the highest since the firm started operations five years ago. A breakdown of the investor profile shows that a major chunk of the money came from the institutions, which is…

EOS Rises 5% as Tokens Record Big Gains, Crypto Market Adds $2 Billion

Twitter Facebook Tokens and several major cryptocurrencies such as EOS have demonstrated strong short-term momentum over the last 24 hours, pushing the valuation of the crypto market to $206 billion. The volume of Bitcoin, which declined to the mid-$3 billion region, recovered to $4.2 billion, showing a clear increase in trading activity across major cryptocurrency exchanges. Affected by the increase in the volume of Bitcoin, tokens and digital assets such as Loom, Status, Bancor, WaltonChain, Pundi X, OmiseGo, and Zcash recorded gains in the range of 8 to 20 percent,…