EOS is ranked at #8 beneath Tether and Binance Coin. The price of EOS had a minor jump rate of 0.63% in the course of the past 24-hours. The trading volume recorded is $1.823 billion, while the supply has 927,648,101 EOS tokens in play. The total market cap of EOS is $3.317 billion. At present, EOS is priced at $3.58.

The idea behind our identity patent is to use proof of co-location, and relationships over time to secure and recover identity with publicly auditable data to verify uniqueness and then to reward people for doing the work. — Daniel Larimer (@bytemaster7) August 15, 2019

Dan Larimer is the CTO of block.one. A brand-new patent has been secured. Check this out, credits go to Zack Gall for his discovery. From henceforth, identities over social media will be completely different. This couldn’t have come at a better moment, as Voice is soon-to-be-released.

BREAKING: A patent recently granted to B1 provides the most detailed description of Dan’s non-KYC solution for a verifiably unique social digital identity ever seen! We will be discussing our findings LIVE at:https://t.co/sn5kd304pC Link to Patent:https://t.co/5X7tQZDtpL pic.twitter.com/1DiZFUAFmC — Everything EOS (@EverythingEOSio) August 15, 2019

Newdex has successfully deployed the smart contract “matching and settlement on chain” on the EOS chain. This will heighten security and ease of trading for hundreds. Newdex is also working diligently towards implementing the side chain for EOS.

You can read more about this latest development right here. According to the candlestick chart for the EOS/USD pair on tradingview, the bears still control the flow of the market. The 4-hourly RSI [for 10 periods] sits at 25.54 and is inclined to drop further. The MACD line is below the signal line, and the histogram south of the zero line is red.

Resistance may be felt near the $4.135 level, while support can be found close to the $3.321 mark.