#EOSProject EOS.IO is a blockchain that operates as a decentralized platform with smart contract support for creating decentralized applications. The basis of the blockchain is the EOS cryptocurrency. As of July 26, 2018, EOS, with a capitalization of over $7.5 billion, ranks fifth in capitalization among all cryptocurrencies.
According to research firm CrуptoQuant, the cryptocurrency market is currently in the “late stages of the current bull cycle,” and investors are “advised to exercise caution.” CrуptoQuant analyst Dan Crypto said the bull cycle, which began in January 2023, is likely to peak in the first or second quarter of 2025. Over the last three months of 2024, the share of bitcoins traded for less than 30 days increased to 36%. This is reminiscent of the highs of previous cycles. According to the analyst, this ratio can grow by another 2-4 times, and then correct at the beginning of the bear market.
#BinanceMegadropSolv The decisions of the US Federal Reserve System (FRS) remain the main risk for Bitcoin, despite the likely jump in prices for the digital currency ahead of Donald Trump's inauguration. This was stated by the founder of 10x Research Marcus Thielen, writes Cointelegraph.
The analyst believes that Bitcoin is capable of showing growth until January 15. On this day, fluctuations in the market are possible due to the release of data on the consumer price index in the US, Thielen noted. Then, according to him, a new growth will follow until January 20, in connection with the inauguration of Donald Trump.