Blockchain technology is evolving fast and going decentralised is the future. Bitfinex has decided to upgrade from centralized trading system to Decentralized Exchange (DEX).
This is a partnership between EOS and Bitfinex. This vision has led Bitfinex to EOS.IO, whose goal of processing tens of thousands of transactions per seconds, with minimal fees and confirmation times, is heavily aligned with our ambition.
EOS is currently trading at $8.9 as at time of writing. Price is expected to go higher with the news. EOS may ride Elliot wave from $8.9 to $18.61
From the chart below MACD gives a bullish confirmation meaning the news came in the nick of time to buy.
https://twitter.com/bitfinex/status/963103151132954631
- bitfinex
CAVEAT: The analysis is based Education, my opinion and trading decisions. Good luck and trade with caution.
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