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What Has EOS Been Doing This Week?




If you are keeping a track of the news, you must be aware that EOS making a remarkable comeback in the market. As per the recent events, EOS surpassed Litecoin to take the 5th spot for a brief period. As of April 18, 2018, the value of EOS stands at $8.68. After a period of depression, this notable altcoin is experiencing a steady rise.

Apart from a stable market capitalization, EOS has announced the release of a new update, Dawn 3.0. This is indeed a big reason why EOS is witnessing a positive response from crypto traders. However, there are other factors which have contributed to the recent price surge. Here’s a quick recap of what EOS has been up to this week.

EOS Gets Listed on Zebpay

Listing plays a major role in increasing the visibility of a currency.  Listed in a number of significant exchanges, EOS is regarded for its high volatility. Essentially, accessibility and visibility are answers to scalability. This is why EOS developers are keen on preparing the coin to be more accessible to the traders. After preparing for an entire year, the developers have implemented Dawn 3.0, as a part of the scalability project. In addition to this, the team has also introduced inter-blockchain communication to ensure that users don’t have to process the whole block while processing transactions.

In essence, EOS has experienced a number of exciting developments, which helped the market to restore its equilibrium ahead of the mid-April market hike. Among the recent developments, mention must be made of the new listing. As per the news, EOS is listed on ZebPay exchange wherein it will be available for live trading on the platform. Aside from EOS, Zebpay has also listed Ethereum, Litecoin, Bitcoin Cash, and Bitcoin.

Zebpay, which is available to traders on both Android and iOS operating systems, is a widely recognized for its profitable trading conditions. The most outstanding feature of this platform is its low fees; discernibly, it accommodates some of the lowest trading charges, making it an affordable destination for live trading.  Going by the figures, it charges only 0.1% for all the currencies on offer on Zebpay.

WAX Announces Partnership with EOS

In the light of the new activities happening in the crypto world, a special mention must be made of the partnership between Wax and EOS. On April 17, Worldwide Asset eXchange (WAX) disclosed that it will develop a peer-to-peer marketplace with the help of blockchain technology, and EOS platform will play a decent role in the project.

The developing body has finalized its plan to choose EOS as the crypto partner following a close inspection of general technology, coding features, system stability, documentation features as well as the community size and activities. At any rate, EOS blockchain ticks all the boxes, whether it is customizable options and supporting features, catering to all the requirements of the WAX platform.

As per the talks, there will be two distinct versions of WAX Token; apart from the existing ERC20 version, there will also be a protocol token that will be responsible buying and selling goods using smart contracts.  Also, the protocol token will offer other unique features like sharing fees among other parties, contracts managing abilities, etc. While the WAX Token is operational at the moment, the protocol token and the blockchain are still in the development stage.

The CEO and founder of Decentral reported, “I fully support the decision by WAX to build their tech on the EOSIO platform. Since the inception of EOS, their team has focused on reducing transaction fees and improving transactions throughout.”  “As someone who supports a variety of platforms and projects, I’m confident that the decision WAX has made to align with the team from EOS has been well thought out and makes sound sense,” he further added.

The Price of EOS Soars as the Bullish Sentiment Makes a Comeback 

Going by the price movement of the currency, EOS has performed really well in the last few days. By all means, EOS led the rally last week, rising ahead of the mid-April price boom. As EOS joins Bitcoin and other crypto winners in the upturn, the bullish sentiment returns for the currency after a temporary patch of depression. As of April 18, 2018, the market capitalization of EOS stands at $7,124,891,972.

EOS, which is trading at $8.68 at the time of writing, has witnessed a tremendous response from the trading community following the recent updates. The listing on Zebpay, along with other developments like EOS’s partnership with WAX and the launch of Dawn 3.0, constitutes as a catalyst for the price hike.

We will be updating our subscribers as soon as we know more. For the latest on EOS, sign up for our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Changjin Lee via Flickr


SonicX and Dash Could Challenge Facebook’s Libra for Global Payments Market Share




When Satoshi Nakamoto unveiled Bitcoin to the world, the dream was always for Bitcoin to serve as a new universal currency.  It would be free from the bureaucracy of governments.  And free from the tyranny of the old-world financial cartels.  Although the dream hasn’t yet materialized, it comes closer and closer with each passing day.

One of the biggest roadblocks for Bitcoin has been scalability.  At a speed of approximately 7 transactions per second, Bitcoin lags behind other cryptocurrencies like Ripple and global payment processors like Visa.  Many expect the lightning network to have a positive impact on Bitcoin’s TPS but until that comes to fruition, mass adoption will likely need another significant development.

Libra Currency Announcement

One development that could help pave the way toward mass adoption is the launch of the Libra currency.  Libra is expected to go live during the first half of 2020 according to Facebook’s June announcement.  According to Facebook, Libra will make sending money online cheaper and faster.  It will also have a hand in improving access to financial services, especially for the unbanked.  Given Facebook’s global reach, including many third world countries, providing financial access to the unbanked could provide a huge spark to global economies.  Additionally, it could provide the growth spark that cryptocurrency needs.

Facebook’s most popular messenger, WhatsApp, has approximately 1.5 billion monthly users.  This application is…

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Investors Beware: Another Large Bitcoin Crash Might Be Coming



Bitcoin crash

The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Top 3 Coins to Buy Before They Go Big




Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.


Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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