Tezos Goes Ups in the Market After Coinbase Pro adds it

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Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic

Coinbase Crypto exchanges have added cryptocurrency token Tezos (XTZ) to its professional trading platform “Coinbase Pro”. The exchange’s Android and iOS apps will later add it upon them too. The authorities have disclosed that the introduction will be going to take place in four major steps such as:

Transfer-only

Post-only

Limit-only

Full-trading mode

The exchanges will post on twitter later introducing the steps accordingly. This alliance with the Coinbase, one of the biggest exchanges in the cryptocurrency community has made the price of the Tezos to surge in the market.

Today, the cryptocurrency market’s has been going good and the top currencies such as Bitcoin, Ethereum, Ripple, Litecoin, Bitcoin Cash and others are having a surge in the values. Bitcoin is back on trading at the value of $10,042.01 currently and its value is increasing by 4.11%. Whereas, Ethereum and Ripple have also surged in their values, the value of ETH is increasing by 2.41% and it is trading at the value of $216.81. The XRP is trading at the value of $0.320479 and its value increasing by 0.66% at the time of writing.

Joe Kernen, co-host of the Squawk Box has predicted on July 29, 2019, that the BTC will achieve the mark of $55K by the upcoming next halving which will happen in the year 2020. The previous week, the San Francisco Open Exchange (SFOX) has said that the Ether may not an altcoin, they gave the reason that Bitcoin’s movement impact it more than the other altcoins.

Ripple has extended its University Blockchain Research Initiative to add up academics in Japan through the University of Tokyo and the University of Kyoto. If we talk about Tezos its value surging after the Coinbase news and it is great.

Current Statistics of Tezos (XTZ): At the time of writing, the value of the currency is trading at $1.22 and its value is increasing by 14.16%. The BTC value of the altcoin is at 0.00012109 and it is also increasing by 9.67%. The market capitalization of the Tezos is $803,695,992 and the 24-hour volume of the currency is $18,276,957. The circulating supply of the currency is 660,373,612 XTZ and the ROI of the currency is 158.94%.

Even yesterday, the value of XTZ is surged by 24% and the value was trading around $1.24. The experts are saying that the main reason behind this the news of altcoins adding up with Coinbase Pro and which is beginning from August 5.

On the other hand, the biggest investment banks of Latin America; BTG Pactual is scheming to move its securing token offerings to the blockchain of Tezos. Also the Dubai’s asset managing Dalma Capital will be to utilize the blockchain of Tezos to tokenize their assets in numerous separate industries such as lending, equity, and real estate.

Bitcoin Cash is also enjoying the bullish movement and its value increased by 3.30%. Yesterday, the currency’s value has increased by 9% and traded at a value of $330.42. The losers among the top 20 are Cardano which is down by 0.98% and Bitfinex’s token Unus Sed Leo which is down by 0.91%. Yesterday, Unus Sed Leo was lost around 1.34%. The market cap of the crypto market is around the value $275 billion and the 24-hour volume of the market is around the value $50 billion.

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