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PortuguêsOn April 2 the U.S. Labor Department reported that the U.S. weekly jobless claims skyrocketed to 6.6 million. In the previous week, the claims stood at 3.3 million, meaning over…
Continue ReadingThe Dow Jones Industrial Average had its worst first quarter on record. Compared to that, Bitcoin only fell about 10% over the same period, which shows clear outperformance. The resilience…
Continue ReadingBitMEX Research recently pointed out that the correlation between the S&P 500 and Bitcoin (BTC) has reached a new high, eclipsing the previous high recorded in March 2018. This shows…
Continue ReadingEOSIO developer Block.one has recruited the team behind EOS New York (NY), a high-profile Block Producer on the EOS network. Founded in 2017, EOS NY was a one-time #1 Block…
Continue ReadingBlock.one — the company behind EOSIO (EOS), has injected $150 million into its controversial blockchain-based social media network, Voice. Announced on March 26, the investment comprises $50 million in intellectual…
Continue ReadingThe coronavirus pandemic and the economic crisis that it has brought along is the first of its kind in this generation. For weeks now, global equities markets have been swinging…
Continue ReadingEOS creator Block.one has acquired the team behind once-prominent block producer EOS New York, which has now entirely ceased operations. Block.one, which raised more than $4 billion in a yearlong…
Continue ReadingThe technology stack behind Dfuse’s advanced blockchain APIs has been made open-source, according to a March 19 announcement. These APIs are primarily used in EOS development. Cointelegraph took the opportunity…
Continue ReadingBlock producers have approved the first stage of the implementation of a controversial EOS governance change that allows any user to propose network rule changes. EOS blockchain explorer Bloks shows…
Continue ReadingThe White House and Senate leaders finally agreed to a massive stimulus of $2 trillion to support the economy and Americans who are suffering due to the COVID-19 pandemic. While…
Continue ReadingTraditional markets continue to post almost daily losses while Bitcoin price has been relatively range bound for the past week. At the risk of sounding repetitive, traders have to continue…
Continue ReadingThe Telos Foundation — the organization behind smart contract platform Telos (TLOS) — has taken action against two of its board members following a network security controversy. Telos is a…
Continue ReadingEven after the announcements of massive stimulus by the U.S. Federal Reserve, the ECB, and several other central banks, the equity markets are still struggling to launch a sharp recovery…
Continue ReadingBrendan Blumer, the CEO and co-founder of Block.one — the company behind Eos (EOS), took to Twitter to express his concerns regarding the suggested ‘EOS Worker Proposal System’ (WPS) on…
Continue ReadingOn March 11 at 4:56 p.m. UTC, Tedros Adhanom Ghebreyesus, the director of the World Health Organization, stated that COVID-19 can be characterized as a pandemic. Industry experts consider the…
Continue ReadingThe unprecedented volatility in the equity markets continues as the traders are trying to assess the economic damage and the remedial measures that have been taken to support the economy.…
Continue ReadingBitcoin cash users now have another venue to earn interest on their digital asset holdings. Binance has added support for BCH flexible deposits on its lending platform, alongside ETH and…
Continue ReadingNEO-based decentralized exchange (DEX) Switcheo partnered with the Zilliqa blockchain to allow trading of Ethereum– and EOS-based assets on the platform. According to an announcement on March 16, after the…
Continue ReadingThe US Federal Reserve is at it again. For the second time this month, the Fed has done an emergency rate cut. On March 3, a 50 basis point cut…
Continue ReadingThursday’s market meltdown left MakerDAO (MKR) with a $5 million hole that the project is now scrambling to fill. As this is just the latest in a series of hard…
Continue ReadingCapitulation occurs when traders are scared. On March 12, most asset classes witnessed a massive selloff with no place to hide. Even gold declined 3.17%, which shows that the traders…
Continue ReadingGovernments and citizens across the world are in a state of panic as cases of coronavirus continue to rise. This has rocked global equity markets for the past few days…
Continue ReadingCrude oil prices plunged about 30% on Monday to the lowest levels seen since Feb. 2016. This triggered a sell-off in global equity markets, which were already reeling under the…
Continue ReadingRoughly 42% of the total Bitcoin supply has not moved in the past two years. This shows that the investors are holding on to their Bitcoin as they expect the…
Continue ReadingGrayscale Investments managing director Michael Sonnenschein said that “Bitcoin itself has solidified its role as a store of value or as a digital gold.” In his conversations with institutional investors,…
Continue ReadingAfter the rout last week, most asset classes have started the week with a rebound. The total crypto market capitalization has bounced from the recent lows of about $240.7 billion…
Continue ReadingEarlier in January 2020, Block.one released EOSIO 2.0 as an upgraded set of protocol improvements for the software underlying the $3.2 billion EOS blockchain. Following the release of the new…
Continue ReadingThe overall transactions on Bitcoin and cryptocurrency networks reached 3.1 billion from the launch of BTC in 2009 to boom times of the past couple of years. In 2019, Bitcoin…
Continue ReadingRecently, the chairman of Virgin Galactic Chamath Palihapitiya said that “everybody should probably have 1% of their assets in Bitcoin,” as it is “an uncorrelated hedge” to the excesses in…
Continue ReadingEarlier at the start of the year, the altcoin market broke through downtrend resistance spanning two years of crypto winter. The breakout caused an explosive rally that caused many crypto…
Continue ReadingThe equity markets sold off sharply on Feb. 24 and 25. Even gold, a traditional safe-haven has stalled its rally. On similar lines, cryptocurrencies are also witnessing a period of…
Continue ReadingThe EOS.IO ecosystem burned 34 million tokens locked in a savings account, and voted to decrease network inflation. EOS Voters Agree on Second Large-Scale Token Burn in a Year The…
Continue ReadingThe global equity markets are reeling under pressure as the coronavirus outbreak has spread outside China. While gold, the traditional safe haven, has been moving higher, Bitcoin has largely remained…
Continue ReadingMajor American cryptocurrency exchange Coinbase said that the EOS network is having some issues. On Feb. 20, Coinbase issued a status update stating, “EOS network has degraded performance. Sends and…
Continue ReadingBuying votes is a big no-no in traditional democracies, but on the world’s eighth-largest blockchain it’s become an accepted way of doing business. A new service makes it easier for…
Continue ReadingEOS – like all major cryptocurrencies – has been seeing some turbulent price action over the past several days, with Bitcoin’s sharp drop incurred this past Wednesday sending shockwaves throughout…
Continue ReadingBinance CEO Changpeng Zhao believes that the upcoming Bitcoin halving has not been priced in to the digital asset’s current price action. The reduction in miner rewards will increase the…
Continue ReadingWhen Bitcoin (BTC) drops, other cryptocurrencies drop even more. But some assets erased more value, showing their relatively fragile market gains. BTC Crash Triggered Downward Spiral for Altcoins On Thursday,…
Continue ReadingEOS was among the worst-hit top cryptocurrencies this Thursday as bitcoin and altcoin market fell in tandem.The eighth-largest blockchain asset fell by circa 12 percent to $3.99, according to CMC’s…
Continue ReadingJacob Canfield, a crypto market analyst known for accurately predicting bitcoin’s 2020 price rally, has alleged that there was market manipulation in the trading of altcoins this year.In a video…
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