Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale

by Aurelia Butler 6 October 2021, 23:00 159 Views

The emergence of competing proof-of-stake smart contract platforms like Solana (SOL), Polkadot (DOT) and Avalanche (AVAX) possibly weighed on this 2017-era project. One potentially bullish catalyst could be the fact that Block.one, the company responsible for the EOS token launch, owns over 160,000 Bitcoin (BTC), according to data compiled by BitcoinTreasuries.net.

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Source: Cryptocurrency - investing.com

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Pro traders cut their EOS longs, but retail FOMO and $50K+ BTC could tip the scale

U.S. Senate filibuster looms large as leaders seek debt ceiling deal

Stock futures are slightly higher after investors' debt ceiling concerns dwindle

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