|

Morpheus Labs and Cypherglass want to educate people about EOS

  • The companies will work together to promote EOS education.
  • EOS/USD is in recovery mode, but the upside may be limited.


Morpheus Labs, a startup behind a Blockchain-based Platform-as-a-Service, partners with a US-based EOS Block Producer Cypherglass. The companies join forces to build an educational system focused on EOS blockchain. They aim to promote  EOSio software and blockchain technology by educating people on it and making them see the benefits of the new technology.

“Our main goal at Cypherglass is to onboard developers and users into the EOS ecosystem through education. This partnership with Morpheus Labs is the next logical step in this journey and will result in more developer and user adoption of EOS. We are incredibly excited for the months ahead. Go EOS!”  Rob Finch, Cypherglass CEO, commented.

Meanwhile, Morpheus Labs hopes that the new program will help to fill the void in the industry hungry for talented blockchain specialists. Educational opportunities offered by Morpheus Labs and Cypherglass will help anyone - from a student to a developer, to get a new profession and thus promoter the technology’s advancement and mass adoption.

Notably, a US-based cryptocurrency exchange Coinbase recently launched a reward program for those who want to know more about EOSIO protocol. users will be able to earn coins by taking lessons and completing quizzes. 

Meanwhile, EOS/USD is changing hands at $6.5, having gained nearly 3% in recent 24 hours. The upside is capped by the initial resistance of $6.65 created by 23.6% Fibo retracement for the large upside move from December 2018 low. On the downside, the coin is supported by psychological $6,00 strengthened by SMA50 (Simple Moving Average) on a daily chart.

EOS/USD, 1-day chart

Author

Tanya Abrosimova

Tanya Abrosimova

Independent Analyst

 

More from Tanya Abrosimova
Share:

Editor's Picks

Ripple bulls defend key support amid waning retail demand and ETF inflows

XRP ticks up above $1.40 support, but waning retail demand suggests caution. XRP attracts $4 million in spot ETF inflows on Thursday, signaling renewed institutional investor interest.

Crypto Today: Bitcoin, Ethereum, XRP rebound as risk appetite improves

Bitcoin rises marginally, nearing the immediate resistance of $68,000 at the time of writing on Friday. Major altcoins, including Ethereum and Ripple, hold key support levels as bulls aim to maintain marginal intraday gains.

Bitcoin Weekly Forecast: No recovery in sight 

Bitcoin price continues to trade sideways between $65,729 and $71,746, extending its consolidation since February 7. US-spot ETFs record an outflow of $403.90 million through Thursday, pointing to the fifth consecutive week of withdrawals.

Pi Network Price Forecast: PI recovery stalls amid profit-taking

Pi Network tests 50-day EMA support on Friday, after a 5% decline the previous day. PiScan data shows large deposits on CEXs totaling over 4 million PI tokens in the last 24 hours, reflecting an exodus of investors taking profits.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.