Il fondo EOS da 100 milioni di dollari mira a inaugurare una nuova era per OG Blockchain

Fonte immagine: Twitter Il recente annuncio di una cassa di guerra da 100 milioni di dollari per i progetti EOS ha colto di sorpresa la comunità delle criptovalute, anche a causa di un quadro altrimenti cupo nei mercati dopo il crollo di FTX. Appena due giorni dopo che FTX e Alameda Research hanno presentato istanza di fallimento secondo il capitolo 11, il CEO di EOS Network Foundation (ENF) Yves La Rose si è rivolto a Twitter per far uscire il gatto dalla borsa, promettendo che il fondo ecosistemico da $ 100 milioni sarebbe stato recintato per gli investimenti in progetti puramente EOS.

Timeline of Eos

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 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.

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.

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.

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.

A community driven fork of the EOS blockchain's code adopted by block producers who manage the network will sever ties to former network code custodian Block.one. The post EOS Antelope Protocol update severs network's ties to Block.one and Bullish appeared first on The Block.

Today the EOS/USDT pair is down 3% as it retests the breached resistance of $1.58. Reclaiming this barrier suggests the end of the last correction phase, and the new cycle could surpass the high swing resistance of $1.9.

To those inside the Web3 arena, the EOS story is well known. It's a story about how EOS founders, Block.one raised a huge amount of funding for what was meant to be an incredible POS blockchain, with everything going for it, and then completely neglected it.

The Bitcoin Hash Ribbons indicator has been flagged, and this indicator identifies periods where Bitcoin miners are forced to turn off due to a price drop. The underlying logic is that when miners are unprofitable due to the price of Bitcoin being at a major low, it offers long-term investors a brilliant buying opportunity.

The EOS/USDT pair failed to give a bullish breakout of a rounding bottom pattern due to the increased selling pressure at the $1.89 supply zone. However, the price action displays the underlying bullish sentiment is preparing a trend reversal with a cup and handle pattern.