EOS/USD Trading forecasts and signals

Bitboy Crypto, aka Ben Armstrong, named the TOP alctoins that are worth selling right now before they fall to zero. The list of cryptocurrencies that should not be kept on your balance includes Bitcoin Cash, Bitcoin SV, EOS, SHIBA INU and ICP.In this article, we analyze why EOS was left without developers, how ICP entered the market at the wrong time and the price collapsed by 90%, how the bitcoin hard forks BCH and BSV are doomed to leave the market, and the popular meme cryptocurrency SHIBA INU can collapse by 300%.EOSICPBSVBCHSHIBEOSThe TOP 1 for sale in the Ben Armstrong rating was the EOS cryptocurrency. Once it was a top project that was included in the top ten cryptocurrencies, but today the coin is at the end of the TOP 30. At the ICO stage, they collected a record amount of $4 billion, which set an absolute record. But the finished product turned out to be completely different from what the developers promised.Yes, the network had cheap and fast transactions, but its ecosystem is unclaimed in general and they do not have any breakthrough applications like Ethereum, which EOS was supposed to kill. In addition, the project was left without the main developer Dan Larimer last year.Larimer is a good programmer, but he constantly abandons his projects and in fact, he does the same thing all the time only in a new form. He created BitShares and Steem, which are currently ranked 260 and 170 in the CoinMarketCap rating. Then I made EOS, and also abandoned the project to announce a new one, which this time will definitely become a super-useful and successful decentralized social network, which Steem once thought of.As a result, Ben does not see any prospects for EOS, and we want to note two important things that he forgot about. Before leaving the project, Den Larimer and his colleagues tried to regain his popularity through the launch of the Voice social decentralized network, which turned out to be useless to anyone. And now Den has gone to make another useless network, and then, apparently, he will leave from there, according to the established tradition.The second and much more important thing is that $4 billion at the ICO at some point turned into $10 billion, because it was mostly funds in bitcoin and the developer company Block One did not sell themThey have 140,000 bitcoins on their balance, although now they have fallen in price to $5.5 billion, but at some point they managed to announce a new cool project, the Bullish cryptocurrency exchange. These bitcoins should become the security for the exchange, and the project includes well-known investors such as Peter Thiel and Michael Novogratz. As a result, at the moment EOS rose by 50%. But then the matter stalled and the latest statements like "we will make the exchange public" could not support the price. It is possible that this event will continue to be used to influence the EOS exchange rate, but it is obvious that it works extremely poorly in the current bitcoin market.Read more: What is an ICO?ICPIn second place is the Internet Computer coin, also known as ICP, which has lost 90% since its listing on the crypto market. BitBoy says that after the auction began, insiders merged tokens for $2 billion. Despite the fact that private investors at that time did not have access to their coins, that is, they could not even sell them while prices were high. But the funds took the profit, because initially the coin appeared immediately in the TOP 10 at the rate of $400, whereas today it costs only $39.Ben Armstrong does not believe in a project with such an approach and attitude to investors at all. On our own behalf, we add that he refers to the story of a class action lawsuit against Internet Computer, as well as the funds Polychain Capital and Andreessen Horowitz. It is not yet clear how it will end, but the funds actually sold some of their tokens, at the maximum prices.ICP started trading freely just a week before the panic sale on May 19. Bitcoin has already started to collapse, falling below $50,000 and the trend was talking about the continuation of the correction. Therefore, it is not surprising that the funds began to fix profits, you can blame them, they say, such bad "whales". But they, like everyone else, came to this market to earn money, and in such a situation it was logical to sell it. Another question is that if private owners did not have such an opportunity and the court will prove it, then such developers should not be trusted.Our opinion is that Internet Computer has entered the market extremely unsuccessfully, but in general, their fundamental factors are not bad. Provided that after the collapse of the price, the developers will not run away, so who else is holding the coin, you need to closely monitor the project.BSVThe next project for sale is Bitcoin SV, which separated after Craig Wright had an argument with Roger Ver from Bitcoin Cash. As a result, they promised to make their own real bitcoin, but the market puts all its places, and today this cryptocurrency is in 42nd place by capitalization.The creator of Bitcoin SV, Craig Wright, known in the community as "faktoshi", because he has been trying for a long time and hard to prove that he is Satoshi Nakamoto. That's just that he could not provide any direct evidence, and he was repeatedly caught forging correspondence, pages on the Internet and manipulating data, when he again claimed his authorship of bitcoin.The Bitcoin SV blockchain has already been attacked by 51%, but nothing was known about the victims. According to Ben Armstrong, this is because this blockchain is a zombie network and there is no one there. By the way, a new successful attack was carried out just a couple of days ago.Here we support Ben that such a project should and will fall, and it seems to us that there was actually no conflict between the developers of Bitcoin SV and Bitcoin Cash. It's just that Craig Wright decided to print his own cryptocurrency once again and make money on it. Because greed is the only explanation for all his actions.BCHBitcoin Cash became the most unsuccessful and not viable project, according to BitBoy, and let's be honest, it was a surprise even for us. Ben recalls the story of how Bitcoin Cash became the first bitcoin hard fork, set a bad example and then everyone started making their supposedly better bitcoin. But everything is fine with the first cryptocurrency and therefore its clones are becoming banal, and parasitizing on the name "bitcoin" only made it worse and did not allow them to build their own brand.What is wrong with this reasoning, Bitcoin Cash purposefully used the bitcoin brand, calling itself a real bitcoin and even replacing the concepts on its own website, where bitcoin was indicated as Bitcoin Core. It was a whole company headed by Roger Ver and what, but they definitely had their own brand in the crypto community, as well as many supporters who shared the idea of large blocks.Personally, we have never shared such ideas and criticized Bitcoin Cash for their actions, but interestingly, the project began to be forgotten after they abandoned them. At first, they launched an exchange on the basis of their website, but without aggressive promotion it was no longer the same.And then their main media mouthpiece, Roger Ver, left the project management and became less and less active in social media. Recently, he has not even written anything on Twitter since the end of April. We do not know where he disappeared, but things have clearly gone much worse, and the price of Bitcoin Cash speaks for itself, few people are now thinking about returning to the maximum of 2014 at $4,000.But we do not agree with Ben that using the "bitcoin" brand will not give results, if, or more correctly, when the crypto market goes up again, there will be a share for Bitcoin Cash on this holiday of life.SHIBBen deceived everyone, promised SHIBA INU, but said only a couple of words about her in the style of "you yourself should understand why it's time to get rid of all meme cryptocurrencies". Let's figure it out, then without it we will say that their decentralized exchange ShibaSwap has been launched and is on the 20th place in terms of trading volumes. It is also among the TOP 10 decentralized applications on Ethereum by the number of users. And add here the growth of the number of Shiba Army, judging by the number of subscribers on social networks. The question is, then what is wrong with the price and why should I sell?What are the problems? No. 1 is the fading of the DeFi-hype, this sector is developing, but no one is in a hurry to buy everything in a row. People are taught by bitter experience, especially after a series of hacks and scams of various projects. The second problem is the current crypto market and the fact that Elon Musk can't even dump his favorite Dogecoin. And No. 3-Vitalik Buterin has donated a lot of SHIB to fight the coronavirus and these funds are constantly being sold.We don't want to convince you of anything, whether to believe in SHIBA INU or not is a personal matter and everyone can choose for himself. But this picture on the chart is extremely bad.The price is pressed against the support, below which there is a gap, there is nothing there and at any moment the token can simply collapse by 200% or 300%. Maybe nothing will happen, but theoretically there is such a ...

The regulator believes that the crypto exchange traded securities in the United States without a corresponding licenseSEC fined the crypto exchange Poloniex for $10 millionThe Poloniex crypto exchange registered in the Seychelles received a fine of more than $10 million from the US Securities and Exchange Commission (SEC).The SEC issued a fine for the operation of an "unregistered online digital asset exchange" in the period from July 2017 to November 2019.According to the regulator, Poloniex traded digital assets that were securities. For these operations, the crypto exchange needed to obtain a special license, which it did not do, according to the SEC.The Commission clarifies that in 2017, the management of Poloniex decided to "aggressively" increase its market share by listing digital assets. Such assets are essentially investment contracts, which means that they are securities, the regulator explains.The SEC notes that Poloniex gradually got rid of such assets, but until November 2019, it continued to trade them in limited quantities. Such operations continued until the crypto exchange sold its trading platform.Poloniex agreed to pay a fine of $10.3 million, while not denying or admitting their guilt.Read more: Listing of securities on the stock ...