The EOS price line rose to a high near the $2.40 mark, while it traded between the $2.290 and $2.400 levels on the price chart for the 4th of April.

Block.one announced it will use its stake of almost 10% of the EOS network to influence block producer voting

On EOS Blockchain, Vote Buying Is Business as Usual

According to a recent press release, Block.one funded their most anticipated project, the decentralized social media network Voice, with $150 million to kickstart its independent operation. A week ago, I spoke with Dan Larimer, CTO of Block.one, about this project, EOS.IO, and the future of blockchain technology.

A bullish momentum lead the price line for EOS across the $2.750 mark on the 8th of April. Rocketbomb is a TradingView analyst who is of the opinion that the cryptocurrency is in an ascending channel.

Despite the many differences in the EOSIO chain, the EOS blockchain comes with its flavor.

The wave of Decentralized Finance (DeFi) or Open Finance movement has been on the increase since its emergence, standing as a dwarf on the shoulder of the giant cryptocurrency to offer brighter promises.

The EOS price line was observed rising up on the price chart for the 19th of March. The coin saw bulls which led the price across the $2.40 level. EOS traded within a day’s range of $2.272 — $2.331.

EOS price retests support around $2.1 for the second time in the same week but lack steady support this time. The crypto market lost its steady momentum after an accumulating week, and the king of crypto–Bitcoin also slid around $6.1k after 5 days of flat yet bullish move above $6.5k.

EOS is counted among the few slow-paced cryptocurrencies. However, at the moment, the currency already comes with the category of high trending coins. Recently, in the first quarter, when the rest of the market was crashing, the currency was exhibiting moderate volatility. The second quarter started with high hopes. The improvement was evident in the market. Apparently, the EOS price has also marked profit with few fall-offs.

On March 11 at 4:56 p.m. UTC, Tedros Adhanom Ghebreyesus, the director of the World Well being Group, said that COVID-19 might be characterised as a pandemic. Business consultants contemplate the worldwide uncertainty round this respiratory illness — from journey bans imposed by governments throughout the globe to the persevering with international market turmoil — to be a set off of the cryptocurrency market’s painful crash.

The bears may break down the support level of $2.0 provide the level does not hold. In case the mentioned level holds, the price may consolidate further.

“Over recent months, our platform quickly evolved, and we thought it was time for our name to be more in-line with what our service has to and want to offer you. A few months ago, we launched EOSLocally, the first P2P EOS trading platform, and since then have grown to include other EOS-based tokens (WAX, EOSDT, TLOS, EOS-USDT, and BOS) that are available for trade on the platform. But we aren’t stopping there. We are further expanding our product offering and will be soon adding more tokens from the EOS chain but also from other chains.”

EOS’s recent performance is quite different from most cryptocurrencies which have seen clear daily uptrends. The digital currency has been trading sideways between $2.06 and $2.39 range for the past 12 days now while volatility and trading volume keeps decreasing. The daily MACD has turned bullish but with little or no continuation and the bulls have been unable to break above the daily 12-period EMA for basically 12 days in a row.

The price line for EOS rose above the $2.800 level before it saw a bearish movement and fell below the $2.600 mark at the end of the 7th of April. The day’s trade for EOS was kept between the $2.550 and $2.850 marks.

Block.one, the publisher of the EOS blockchain protocol, has invested $150 million in Voice, a social media platform launched in June last year.

The team behind the high-profile EOS New York Block Producer has been hired by EOSIO developer Block.one

After the Wombat wallet for the EOS blockchain, Chainwise has now launched a first version of its fighting game Chain Clash. The game is full of celebrity appearances, gives each player one free avatar and allows everybody to sell their game character for a profit. We had a talk with game producer Sebastian Reinholz from game studio Chainwise about their newly launched game. What sets Chain Clash apart, and what can we expect in the near future?

The EOS price line was observed turning bearish towards the $2.10 level on the price chart for the 22nd of March. The cryptocurrency had headed across the $2.350 level at the beginning of the day, while it traded between the $2.062 and $2.204 level. Protixder is a TradingView analyst who is of the opinion that EOS will turn bullish soon.

Block.one CEO Brendan Blumer says the current global macro environment has aligned to support the value proposition for cryptocurrency.