Tuesday, August 14, 2018
This week altcoin prices analysis brings good news and shows positive signs of improvements and recovery, and an upward dynamics.
This week's altcoin price analysis is an indicator that altcoins are pretty much under pressure at the moment regarding growth expectations.
Over the last week, the crypto market capitalization has decreased by approximately 20% - from 350 to 279 billion US dollars.
Juan Villaverde - despite the E-rating of B-, currently EOS network is like a "feudal kingdom with indentured servants."
Today, June 9, at 13:00 UTC, the designated EOS blockchain manufacturers will launch the main network. This decision was made almost unanimously during the voting that took place this night.
EOS Classic (EOSC) is moving fast, as the main blockchain network, using the Proof-of-Work Ethash consensus algorithm, will be launched on June 9.
Against the background of aggravation of economic tension due to trade wars between the US and the rest of the world, the cryptocurrency market continues to increase its capitalization.
50% of EOS tokens are held by 10 addresses
The results of the EOS Authority snapshot show that 49.67% of all tokens (496,735,539) are contained only on ten addresses. At the same time, 100 million EOS tokens (approximately $1.5 billion) belong to the Block.one start-up, in addition to nearly $4 billion in Ethereum-equivalent collected during the ICO.
Rob Sluymer, managing director and technical strategist at Fundstrat Global Advisors, believes that from the technical analysis point of view, the price of BTC this week demonstrated positive dynamics within the three-stage correction process to the lowest possible level.
EOSIO blockchain
EOS 1.0 software has just been released and presented by the developers of the startup Block.one for their EOSIO blockchain technology project.
The Devere Group, an international financial consulting company with a client base of over 80,000 people from 100 countries, announced that the Devere Crypto application now has EOS and BTC support.
This altcoin prices analysis brings a lot of fresh news and buzz. On Monday, May 28th, the trading volume in the ETH / BTC pair sharply increased at the Bitfinex exchange.
EOS token holders
On the eve of the launch of the main EOS network, the startup Block.one warned EOS token holders of the ERC-20 standard about the need to register Ethereum addresses before 21:59 UTC, on June 2nd. 
EOS critical vulnerability
EOS critical vulnerability has been exposed, that allegedly can allow attackers to remotely execute arbitrary code on network nodes and establish control over them. This has been discovered by the developer team of the antivirus 360.
EOS team has made a huge impact on the market. On the morning of May 28th, the volume of Ethereum trading on the Bitfinex exchange within an hour increased 9-fold - from 20 000 to 180 000.
EOS will switch from Ethereum
Within 6 days, the EOS will switch from Ethereum network to its own blockchain protocol, called vOdyssey 2.0. In the meantime, crypto-exchange exchanges are actively preparing for this event.
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