EOS (EOS) defies market slump with 9% spike, here's what caused it $EOS EOSnFoundation BigBeardSamurai
, the native crypto asset of the EOS blockchain, suddenly jumped nearly 8% as the entire market dipped. At the time of writing, EOS was up 9% in the last 24 hours at $1.27. The token is also outperforming weekly, up 8.70% in the past seven days.Bitcoin and the rest of the crypto market suffered losses early Friday, triggered by concerns about crypto-friendly bank Silvergate.
This is in response to fears that the crisis at the bank that is known to help market participants and exchanges transfer funds may deepen the liquidity crunch on the cryptocurrency market.This comes after most exchanges on Thursday stated that they would no longer be conducting business with the embattled bank.Combining the performance of EOS with the familiarity of Ethereum, Solidity developers are in for a treat.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
The Rise & Rise Of The Chinese EV Market — 17% Market Share In JanuaryAfter the December sales peak, a covid surge, the end of EV subsidies on January 1st, and the Lunar New Year celebrations (this time happening in January), one would expect a sales hangover in January,
Read more »
Stock market outlook: These indicators point to a bull marketStocks are still in a bull market and a dismal February didn't doom investors, Ned Davis Research says
Read more »
Canon EOS R7 ReviewCanon's newest flagship APS-C mirrorless camera the Canon EOS R7 has in-body image stabilization and several other useful features but did it impress or disappoint?
Read more »
Turkey annual inflation dips to 55.18% in FebruaryTurkish annual inflation fell slightly to 55.18% in February, official data showed on Friday, just below forecast, following massive earthquakes that hit its southeast region and killed more than 45,000 people just under a month ago.
Read more »
What It’s Like to Suddenly Become Famous on Elon Musk’s TwitterAll the Twitter engagement is nice, but “if I win the lottery, I'm out. I'm bouncing.”
Read more »
Bay Area hotel market wobbles in San Jose, San Francisco, OaklandFresh and ominous signs have emerged that hint at a wobbly Bay Area hotel market.
Read more »