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EOS Network pledges $20 million for expansion as price surges, more inside

ambcrypto.com

Ahead of the launch of its Ethereum Virtual Machine (EVM) on 14 April, EOS Network Ventures has pledged to invest $20 million to support the growth of EOS-based decentralized applications and gaming platforms.

Read in Full: ambcrypto.com
Bitcoin EOS
$ 1.1238

Timeline of Eos


Will 2023 Be the Year of EOS? - Crypto Daily

The EOS blockchain is opening up to the world. That is the clear message from Yves La Rose, Co-founder and CEO of the EOS Network Foundation (ENF), the nonprofit organization that has taken over the network's management since its messy divorce from Block.one.


EOS sinks beneath the POC, but could the buyers force a reversal? - AMBCrypto

EOS has performed well in the markets and maintained its upward trajectory despite uncertainty across the market. Even though Bitcoin has retraced a good portion of its gains over the past two weeks, EOS was quick to rebound.


EOS bulls dominate- Here's how China can help sustain the price rise - AMBCrypto

The EOS cryptocurrency achieved a 25% rally in just three days. A contrast to its previous struggle to overcome a resistance range in which it was stuck since the last week of January.


EOS reports strong TVL growth after deploying this strategy - AMBCrypto

The amount of liquidity or total value locked (TVL) is one of the yardsticks used to assess the health of blockchain networks. By this measure, the state of the EOS network looks more promising this year.


$100m EOS Fund Aims to Usher in New Era for OG Blockchain - Crypto Daily

Image source: Twitter  The recent announcement of a $100m war chest for EOS projects caught the crypto community by surprise, not least due to an otherwise gloomy picture in the markets following the collapse of FTX.  Just two days after FTX and Alameda Research filed for Chapter 11 bankruptcy, EOS Network Foundation (ENF) CEO Yves La Rose took to Twitter to let the cat out of the bag, promising that the $100m ecosystem fund would be ring-fenced for investment in purely EOS projects.


What EOS investors need to know before opening a long position - AMBCrypto

EOS's double-top setup on the daily chart paved a path for its recent bear run. A plausible reversal from its current rising wedge could pose hurdles for the bulls in the coming sessions.


EOS Network and South Korea's Busan establish VC alliance with $700M AUM - Invezz

EOS Network Foundation, the non-profit helping to develop the decentralised blockchain network EOS (EOS/USD), and Busan Metropolitan City, have announced a memorandum of understanding (MoU) to boost city's blockchain ecosystem over the next three years.


EOS Foundation Signs MoU with Busan City to Boost Blockchain Investments - Crypto news

The Busan Metropolitan City government has an MoU with several venture firms led by the EOS Network Foundation in a deal that will see millions of dollars invested in the city's web3 startups.


EOS Price Loses Another Support; Are We Revisiting $0.88 Mark? - Coingape

Amid the ongoing uncertainty in the crypto market, the EOS coin price is trying to sustain below the recently breached $1.1-1.05 support level. Moreover, a low volume retest to the flipped resistance indicates weakness in the buyer's commitment.


EOS Network Announces Upgrade to Antelope Leap 3.1 - Altcoin Buzz

On Wednesday, September 21, the EOS community announced a major upgrade that would see it become independent and a fully self-sustained platform. The community will become more decentralized following a consensus upgrade to Antelope Leap 3.1.

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