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Latest articles tagged:

EOS

1905, 2020

Class action lawsuit filed against Block.one, the company behind EOS

|19 May 2020|News|

The company that conducted the initial coin offering (ICO) for the EOS token, Block.one, has had a class-action lawsuit filed against them in the Southern District of New York. The suit alleges that the company defrauded the plaintiffs through a year-long illegal ICO that raised more than US$4 billion but left investors with an unregulated asset.

905, 2020

EOS Price Analysis – Bearish trend metrics

|9 May 2020|Price Analysis|

Technicals for both the EOS/USD and EOS/BTC pairs show bearish trend metrics. For the EOS/USD pair, a swift drop on March 12th ushered in the beginning of a definitive bearish trend. The EOS/BTC pair had already drifted bearish in the prior week and has now hit multi-year lows. Both pairs are now below the 200-day EMA and the daily Cloud.

210, 2019

Block.one settles with the SEC

|2 Oct 2019|News|

Block.one has been fined $26 million by the U.S. Securities and Exchange Commission over its unregistered 2017 Initial Coin Offering. The fine is being interpreted as sending a mixed signal.

2008, 2019

EOS Price Analysis – All eyes on upcoming hard fork

|20 Aug 2019|Price Analysis|

Since the announcement of its Voice social platform on June 1st, both the EOS/USD and EOS/BTC pairs have fallen over 60%. Mean reversion targets for both pairs are US$5.00 and 67,000 sats with any further bearish price action finding support at US$2.65 to US$2.90 and 29,000 sats.

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