Ethereum 

Bitcoin Takes 11th Place, EOS Still Leads

In its latest rankings, the Chinese CCID Research Institute put Bitcoin (BTC) in eleventh place on a list of 37 digital currencies in terms of technology, application and innovation. The ranking results were published by Forex Crunch on July 31. The CCID Research Institute is an initiative of China’s Ministry of Industry and Information Technology that provides a monthly assessment of cryptocurrency projects. The assessment takes into account 37 cryptocurrencies and considers their properties such as basic technology, applicability and innovation, which put together form a total value index. Cryptocurrency…

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Blockchain 

Top-5 Crypto Performers: EOS, LEO, ETC, ADA, XMR

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. There is a sea of red as most of the top 20 currencies are showing negative returns for the week. This shows that the market is in a bear grip. The total market capitalization has dipped from over $385 billion on June 27…

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Blockchain 

Abra Restricts Americans From Holding EOS and 4 Other Altcoins

California-based crypto wallet service Abra will restrict some services for American users starting from August. Abra will have to enforce some system modifications due to continued regulatory uncertainty in the United States, according to a blog post on July 25. Notably, American users will no longer be able to hold a number of cryptocurrencies, including EOS (EOS). U.S. users can’t hold certain altcoins Specifically, the platform will start migrating its smart contract-based synthetic assets to a native hosted wallet solution, adding that those assets are defined on Abra as anything…

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Bitcoin 

EOS Holders Vote to Reduce the Annual Inflation From 5% to 1%

EOS holders voted to reduce the annual inflation rate from 5% to 1% as of June 1, according to data on the voting platform maintained by EOS Block Producer (BP) EOS Authority. According to the poll’s description, out of the current 5% of annual EOS inflation, 4% is being accumulated in the eosio.saving account while 1% is distributed among BPs in exchange for network maintenance. About 3.6 million EOS are reportedly created and sent to this on-chain account every month, and this number increases due to compound inflation mechanisms. The…

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Ethereum 

Weiss Crypto Ratings Downgrades EOS Due to Centralization Concerns

United States-based financial research firm Weiss Ratings announced that it has downgraded its rating of cryptocurrency EOS because of the blockchain’s “serious problems” with centralization. Weiss announced the report in a tweet published on June 7. In the tweet, Weiss Ratings claims that the cryptocurrency in question has severe centralization issues and that “their event last week did anything to alleviate that,” evidently referring to an event hosted by EOS developer, Block.one on June 1. Weiss decided to lower EOS’ technology score, given the development. The tweet also hinted that…

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Bitcoin 

Litecoin, Binance Coin, EOS, Dash, Monero

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Over the past few days, we saw individual cryptocurrencies charting their own course, deifying the absolute leadership of Bitcoin (BTC). Tron (TRX) and Binance Coin (BNB) are two of the major cryptocurrencies that leaped ahead while Bitcoin continued to languish in a tight…

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Ethereum 

Binance Coin, Litecoin, NEXO, EOS, Stellar, Monero

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The combined market capitalization of all cryptocurrencies has already twice gone below $145 billion. However, it is positive that the market cap has not been making new lows recently. This shows demand at lower levels and is the first indication of a bottom formation.…

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Blockchain 

Tezos, Cardano, EOS, Binance Coin, Neo

The crypto community will have to wait till the second half of May to know the fate of the Bitcoin ETF applications by VanEck and Bitwise, as the US SEC has again delayed its decision. Very few people expect the Bitcoin ETF to see the light of the day in 2019. Hence, even if it is not approved, the impact on crypto prices is likely to be limited. However, if the ETF is approved, it will be a pleasant surprise and will give a major boost to crypto prices. Currently,…

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Ethereum 

BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, XLM, ADA: Price Analysis 22/06

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Bitcoin’s dominance has reached 58% and its rally has helped the total market capitalization of cryptocurrencies cross $300 billion. This rise has been backed by an increase in Bitcoin futures open interest that has hit an all-time high on the CME. The recovery from the…

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