Home Crypto Exchange Tezos Surges on Coinbase Announcement, BTC up with Price Prediction

Tezos Surges on Coinbase Announcement, BTC up with Price Prediction

185
0
SHARE

On Tuesday, July 30, a number of cryptocurrencies including Bitcoin and Tezos were on the rise. Of those crypto coins, Tezos (XTZ) saw a major price gain after news came from Coinbase. Bitcoin was up a day after it received some positive price speculation from a TV co-host.

According to a Cointelegraph report, the latest announcement is that Tezos will become available on the Coinbase Pro platform. XTZ was up 24 percent on the news at the time of Cointelegraph’s report, to a price of $1.24. It officially becomes available for Coinbase Pro on Monday, August 5. Tezos won’t be available on the Coinbase.com exchange or any of the associated mobile apps, but will be on Coinbase Pro.

At first, Coinbase Pro will offer only transfers of XTZ, followed by posting and limit trades. The final step will allow for full trading of the XTZ coin on the Coinbase Pro platform. All states will be eligible to have the option of trading XTZ except for the state of New York. See more details at Coinbase’s blog post here.

It’s been an up and down past several weeks for Bitcoin (BTC) which surged over the $13,000 level a few weeks ago. More recently, it fell below $10,000 and has maintained a price of around $9,300 to $9,600 in the past several days. At the time of Cointelegraph’s report, BTC was at $9,652 or up by 2.37 percent. On Monday, CNBC’s Squawk Box co-host Joe Kernen was discussing the next Bitcoin halving. Kernen suggested a prediction that BTC could get to the $55,000 level by the May 2020 halving of its mining rewards.

Other notable cryptocurrencies that were up at the time of Cointelegraph’s report included Binance Coin (BNB) up over four percent to $27.32 and Ripple (XRP) also up over four percent to $0.319726. EOS was up 2.33 percent to $4.23. Ethereum (ETH) and Litecoin (LTC) were each up by over 2.6 percent to $211.95 and $91.17, respectively.

LEAVE A REPLY