The State of the Market: Today, the overall crypto market has continued to build momentum, with 9 of the top 10 coins recording firm gains over the last 24 hours. After a dip earlier this week to just under $6,200, Bitcoin (BTC) has risen above the $6,300 mark, for a gain of about 1.5%. Similarly, Ethereum (ETH) is up 3.4% on the day and is currently changing hands at around $450, up from a low of $424 earlier this week. Yet, the question remains whether this positive price momentum can be sustained into the coming week.

1) Following an informal investigation, a decentralized app developer believes that EOS may be behind a series of efforts to intentionally clog, and raise GAS prices on, the Ethereum network. The developer accused EOS of launching misleading airdrops with the sole intention of congesting the rival network. The developer found that “thousands of random tokens, with no website, or bootstrapped template websites made in hours… wasting hundreds of Ethereum daily, hundreds of thousands of dollars to drop tokens” (read more).

2) Once Ethereum gas prices fall, the Berminal App will be airdropping BERM to users that were earned through the referral system. In order to be eligible for the airdrop, users must also download the latest version of the app, which should be released within a week (read more).

3) Cobinhood, a zero-fee crypto exchange platform, recently announced the integration of fiat-crypto and crypto-fiat trading. At the moment, the exchange will only support the U.S. dollar, but is looking to add other fiat currencies in the near future. With the launch of the new feature, it appears Cobinhood is looking to establish itself as a premier exchange in the emerging cryptocurrency market (read more).

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