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Topic: 🔥 EO.TRADE 🔥 ECOSYSTEM OF 4 CRYPTO PRODUCTS POWERED BY EO COIN🔥 (Read 40148 times)

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Bitcoin has surged to its highest price ever! The year to date return is currently above 185%. The rise can be attributed to a multitude of factors, but the fact the Federal Reserve is printing more US dollars than ever seems a good starting point.

EO.Trade: https://eo.trade

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Bitcoin recently soared to a record $19,920, three years after the previous record was set. Over the course of 2020 the leading cryptocurrency has risen by more than 170%, and American investors appear to be the big winners, as net inflows show a massive movement of BTC from East Asia to North America.

EO.Trade: https://eo.trade

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In recent week's Bitcoin has managed to surpass the Bank of America's market cap. New data has revealed that BTC currently has a market cap just over $226 Billion, following a meteoric rise over the past fortnight. Meanwhile the bank of America has seen its own market cap fall to $224.4 Billion.

EO.Trade: https://eo.trade

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XRP is set to trade even lower as the cryptocurrency begins to display a bearish pattern. Down 1% over the previous 24 hours, despite a rally by Bitcoin - such an underperformance could increase pressure on XRP, as analysts are now targeting $0.25 for the alt-coin, 10% below the current price.

EO.Trade: https://eo.trade

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According to US congressman Tom Emmer, Bitcoin's decentralisation is its main advantage over fiat currencies. He claimed the the pandemic similarly to the 2008 financial crisis is leading people to search for alternatives to the existing systems. Adding that centralized monetary systems are only good for small groups of people who are in charge of money allocation.

EO.Trade: https://eo.trade

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Bitcoin similarly to Gold is experiencing a surge in price, the leading cryptocurrency smashed the $11,000 resistance before correcting to below $10,850. The bulls appear to be resting for now, but this is the first time this level has been tested in almost a year, with $12,000 becoming the new psychological barrier.

EO.Trade: https://eo.trade

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U.S. regulators appear set to approve banks holding cryptocurrencies for American citizens. The statement from The U.S. Office of the Comptroller of the Currency (OCC) comes as Senate hearings on “digital dollars” are being conducted and China’s digital yuan is challenging the U.S. dollar’s dominance.

EO.Trade: https://eo.trade

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Somewhat ironically one of Cryptocurrencies fiercest opponents U.S. President Donald Trump could be the catalyst behind a forthcoming Bullish price run, as increased cash liquidity significantly reduces selling pressure on the Bitcoin market. With Mr. Trump viewing Wall Street as a measure of his success, it's possible he could try to impress voters by keeping sentiment higher through the injection of more cash into the U.S. economy.

EO.Trade: https://eo.trade

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A new report has suggested that European regulations have benefitted institutional investors from across the continent, who hold double the quantity of Bitcoin than their American counterparts, this is likely due to the ease of access within the European Union.

EO.Trade: https://eo.trade

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The Shariah Advisory Council of Malaysia has approved the use of Cryptocurrencies on registered crypto exchanges! Many Malay citizens of which approximately 60% are Muslim had been reluctant to trade crypto, fearing it might not be sharia-compliant. The announcement was revealed at the countries Invest Malaysia 2020 event this week.

EO.Trade: https://eo.trade

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Brock Pierce the Crypto Venture Capitalist and former Child Actor who appeared in The Mighty Ducks movies has formally announced his entry as a candidate in the 2020 U.S. Elections. Despite having little to no chance of succeeding the American entrepreneur hopes his campaign will reach out to younger voters and innovators, as he looks to highlight the benefits of disruptive technologies such as Blockchain.

EO.Trade: https://eo.trade

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Dire warnings of a surge in COVID cases not only effect the stock market with negative sentiment, but could also lead to a sharp correction in the price of Bitcoin. Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases, made his latest predictions suggesting that daily infections in the U.S. could reach 100,00 per day.

EO.Trade: https://eo.trade

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Construction is about to begin on 'Akon City' in Senegal, the new cryptocurrency themed city is being founded by superstar singer Akon. It will include roads, a hospital, a mall, hotels, and a school. There will also be parks, universities, a stadium, and an industrial complex. The project is expected to be completed in 2030.

EO.Trade: https://eo.trade

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Crypto charts have turned red today, having started the week with a Bullish run, Bitcoin and many major cryptocurrencies are now displaying serious signs of an impending Bear market. The drop in global stock prices owing to increased coronavirus infection rates, sparked an investor selloff with $10 billion in market capitalization wiped off in less than 12 hours.

EO.Trade: https://eo.trade

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Financial guru, and author of the bestseller 'Rich Dad, Poor Dad' Robert Kiyosaki has been tweeting his praises and continued support for Bitcoin to his followers. Repeating sentiments echoed earlier, that only Gold, Silver and Bitcoin are Real Money, labelling the U.S. Federal Reserve as "Thieves".

EO.Trade: https://eo.trade

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Data has shown that 60.63% of all bitcoin has not been moved in at least a year. Currently the inactive Bitcoin Supply has peaked at a 4-Year High. Pointing to Bullish Sentiment from those hesitant to take profits and relinquish their bitcoin.

EO.Trade: https://eo.trade

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The Human Rights Foundation, chaired by Russian Chess grandmaster Garry Kasparov has launched a new fund to help Bitcoin developers who aim to make the Bitcoin network more private & decentralized. The first grant, which is worth approximately $50,000, was presented to the CoinSwap protocol project.

EO.Trade: https://eo.trade

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Analysts believe the US Dollar is headed for a crash of gargantuan proportions. Current circumstances, including the global pandemic, and civil unrest, combined with the fact the Federal Reserve injected a vast amount of newly printed USD into the economy, will lead to hyperinflation, and a collapse in the price of the dollar. Which could leave Bitcoin, and other cryptos as possible winners.

EO.Trade: https://eo.trade

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Africa is becoming a hub for Cryptocurrency, as the continent continues to adopt digital currencies at an unprecedented rate. The rise owes much to the inaccessibility of financial services in Africa, with at least 60% of the population said to be unbanked. New data suggests a majority of African Bitcoin traders come from Nigeria, South Africa, Ghana and Kenya.

EO.Trade: https://eo.trade

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Bitcoin has surged above the key $10,000 resistance, following comments regarding establishing law & order after days of rioting and looting across the USA. Within 15 minutes of the President's comments the price of BTC shot up, and many analysts predict the leading cryptocurrency could be on course to hit $12,000 under current conditions.

EO.Trade: https://eo.trade

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