EOS Worth & Evaluation (EOS to USD): July 21, 2018

This column contains a regular analysis of the EOS price (EOS to USD). We compare the US dollar to make it easier to compare (all of our cryptocurrency analyzes give values ​​in US dollar equivalents). One of Coin Rivet’s goals is to promote understanding of cryptocurrencies and blockchain technology. Part of this understanding deals with cryptocurrency price trends.

When discussing cryptocurrency prices, we do not recommend using a coin or investing in a coin. The more you learn and study, the more you will find that cryptocurrency prices can fluctuate widely and be volatile. As we all know, the value of investments can go down as well as up. With cryptocurrencies, that can be a lot – in both directions.

EOS Prize July 21, 2018, 12:45 p.m. (GMT)

A good week for EOS, but despite a big spike this week, July hasn’t turned green just yet.

Price: US $ 7.88

Daily: 0.31%

Weekly: 13.60%

Monthly: -2.90%

About EOS

The EOSIO platform was developed by the private company block.one and published as open source software on June 2, 2018. One billion tokens are distributed by block.one in the Ethereum blockchain. EOS is based on a whitepaper published in 2017, and block.one’s CEO (Brendan Blumer) announced that it will be supported with over $ 1 billion in support.

Our monthly article lists the top 10 cryptocurrencies by market capitalization.

If you want to learn more about EOS and other cryptocurrencies, some information and links to other articles, news and guides on our website will be helpful. To get you started, here is a selection of some of the EOS and cryptocurrency materials available on our website:

Which cryptocurrency exchange should I use?

F2C exchanges allow you to switch between fiat currencies (USD, GBP, EUR, JPY, etc.) and cryptocurrency (usually Bitcoin and Ethereum). On the other hand, a C2C exchange allows conversion between different cryptocurrencies, and these options are usually represented by trading pairs with BTC, ETH, or some other popular cryptocurrency.

However, this can be a bit confusing as an exchange can technically be both an F2C exchange and a C2C exchange. For example, Kraken offers an ETH / USD trading pair along with an EOS / ETH trading pair. However, this is just one example, and it is becoming more and more common to see a combination of F2C and C2C offerings as the popularity of cryptocurrencies grows.

You can read the full article at this link.

Why is a token different from a cryptocurrency?

The world of cryptocurrencies and blockchain is full of new terms that may seem familiar but have been adapted to take on a new meaning such as mining or tokens.

When you analyze an independent crypto whose projects each contain multiple projects and whose native tokens are based on their blockchain, you know that it is a reliable product that many developers trust and that will increase your earning potential. The more applications are based on this blockchain, the better.

That doesn’t mean it’s the only thing to look out for, but it’s usually a good predictor of this crypto’s medium-term success – other projects have looked at the market and decided that in some ways it was their best bet. You can co-opt your option.

Conversely, it helps when assessing the potential value of a token-based project if it is backed by a highly respected blockchain like EOS or Ethereum.

You can read the full article at this link.

Mastercard receives patent for crypto payments

The U.S. Patent and Trademark Office (USPTO) has granted Mastercard a patent that allows the company to link fiat currency and cryptocurrency accounts.

According to the license, users in banks can store fiat currencies and cryptocurrencies under a profile, which makes crypto credit cards closer to their widespread use for purchasing goods. According to Mastercard, due to anonymity and to prevent fraud against them, customers are increasingly tending to use cryptocurrencies instead of fiat money.

This could potentially pave the way for cryptocurrency credit cards to be accepted for purchases.

You can read the full article at this link.

IBM, Stronghold US dollar cryptocurrency team

IBM has partnered with FinTech Venture Stronghold to develop a new cryptocurrency called Stronghold USD, backed by US dollars insured by the Federal Deposit Insurance Corporation.

“The process of seamlessly managing and trading assets of all kinds, from digital to traditional currencies, needs to evolve as financial institutions look for ways to break into new asset classes like cryptocurrencies,” said Sean Bennett, co-founder and CTO of Stronghold. “Asset-backed tokens offer seamless access to all currencies and thus improve the global movement of money. We are honored to be working with IBM to explore new ways to use Stronghold USD. “

You can read the full article at this link.

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