Arab Bank Switzerland will enable its institutional clients to store, stake, and trade XTZ – the native cryptocurrency of the popular blockchain project Tezos. This announcement comes amid the token’s recent price surge, which led it to a new all-time high. The press release seen by CryptoPotato reads that the banking organization, founded in 1962, has selected Tezos to develop a new set of “innovative and compliant” on-chain digital financial products. The private bank will...
Read More »Swiss Fintech Trio Enabled Asset Tokenization via Tezos: XTZ Spikes 15%
The Switzerland-based financial institutions – Crypto Finance Group, InCore Bank, and Inacta – have selected Tezos to create on-chain digital products through a new token standard for asset tokenization. InCore Bank would also enable additional digital services with XTZ – the native cryptocurrency of the blockchain network. Tezos to Power The New Token Standard According to a press release shared with CryptoPotato, three Swiss fintech organizations will use the blockchain...
Read More »Tezos (XTZ) Price up 25% in a Week Following Tenderbake Testnet Release
Tezos saw notable gains over the past seven days as the price of its native cryptocurrency, XTZ, surged by around 25%. This comes amid news of the release of the Tenderbake testnet – a new algorithm adapted to handle an arbitrarily large number of validators. Tezos Tenderbake – What is it All About? The update was introduced in a whitepaper called Tenderbake – A Solution to Dynamic Repeated Consensus for Blockchains. According to the official Medium release, the algorithm...
Read More »Tezos Price Analysis: XTZ Flirts With Its All-Time High, $5 Next Or Double-Top?
Tezos increased by 8% today as the coin reached the $4.40 level, which is the all-time high recorded two days ago.Against Bitcoin, Tezos surpassed 38,000 SAT and recorded its highest level against Bitcoin since February this year.XTZ/USD – Bulls Seek For New All-Time HighKey Support Levels: $4.00, $3.91, $3.58.Key Resistance Levels: $4.45 (current all-time high), $4.60, $4.80.Tezos has surged by a solid 35% this week as the coin pushed higher. The coin reached the $4.26 (1.414 Fib Extension)...
Read More »Bitcoin Welcomes $12,000 As Market Cap Gains $9 Billion Today
Bitcoin is heading upwards again with another attempt to conquer the $12,000 mark. The altcoin market is also very volatile as Chainlink painted another all-time high.Bitcoin Tries $12KAfter the mostly calm weekend, Bitcoin decided to act and aimed at a familiar target. The primary cryptocurrency went from yesterday’s low at $11,550 to $11,750 in a few hourly candles before surging to $12,050.It has retraced slightly since then and is currently hovering just below the $12,000 mark. So far,...
Read More »Tezos Explodes To 6-Month High: Is $4 Upcoming? XTZ Price Analysis
After huge moves from its “friends” from the top 10 list by market cap, namely Cardano and Link, Tezos finally saw an impressive 10% price surge over the past 24 hours of trading, as the coin reached $3.6 as the current daily high.The cryptocurrency had bounced from the significant support at $3.00 earlier this week.Against Bitcoin, Tezos bounced from the support at 25,800 SAT to reach above 30,000 SAT.XTZ/USD: Bulls Reach Highs Not Seen Since February 2020Key Support Levels: $3.40, $3.20,...
Read More »Chainlink (LINK) Skyrockets 60% In 5 Days To New ATH: Bitcoin Remains Stable At $11,700 (Market Watch)
As of the middle of the weekend, Bitcoin continues to fluctuate in a range from $11,400 to $11,800, while most altcoins are trading in green.Yet, Chainlink has attracted another wave of serious interest after an eventful 24 hours and a fresh all-time high painted.Bitcoin and Altcoins In The GreenAfter a sudden dip to $11,200 on Friday, the primary cryptocurrency has managed to regain its composure. The bulls didn’t allow any further declines and pumped the price upwards.Since then, Bitcoin...
Read More »Crypto Price Analysis & Overview August 7th: Bitcoin, Ethereum, Ripple, Tezos, and Elrond
BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...
Read More »Altcoin’s Black Monday: Double-Digits Drops As Bitcoin Lifts Its Head
Alternative cryptocurrencies felt today’s pressure as Bitcoin finally poked its head. The major cryptocurrency is on the rise today, and as it’s almost always the case, this took its toll on altcoins. Bitcoin managed to regain almost 1.5% of its market dominance over the past 24 hours alone, leaving other cryptocurrencies in despair. Altcoins Down Double-Digits One of the most precise metric to keep an eye on to determine the current state of the market is Bitcoin’s dominance. It measures...
Read More »Binance IEOs Skyrocket 20% As Bitcoin Escaped $9200 (Price Watch)
After weeks of sitting in a tight range, Bitcoin finally made a move yesterday and conquered the $9,300 resistance. The majority of large-cap altcoins also followed the upward tick, and, as usual, there are some notable fluctuations among low-cap alts.Bitcoin Is AliveThe last time the primary cryptocurrency stood above $9,300 for more than just a candlewick was on July 9th. Since then, Bitcoin was stuck in its quite familiar range between that level and $9,000.Yesterday, however, BTC showed...
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