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Tezos News: Is XTZ Next For Coinbase? - Global Coin Report
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Tezos News: Is XTZ Next For Coinbase?

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Tezos news
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Following recent Tezos news that said that the XTZ might be a new addition to Coinbase, the coin experienced a new price surge. While the new development is still only a rumor, it will be a significant move for Tezos if this actually happens.

Tezos’ troubled past

Ever since its ICO, Tezos has struggled with its development, as well as bare survival in the crypto market. Numerous issues arose one after another, and problems even included management issues. Eventually, the project that was supposed to be launched in prosperous 2017, arrived during the bearish market of 2018.

Even so, Tezos had to deal with a lot more than just bear market. Constant delays and the lack of a firm schedule left the community confused and in doubt. Eventually, a change in leadership arrived in February 2018, and the project was finally back on track. Despite this, it still took months to come up with its beta network, and even longer for the MainNet to be launched.

Another issue arose when exchanges proved to be unwilling to enlist XTZ. This issue mostly centered around HitBTC, which started trading Tezos IOUs last year. However, they were still not prepared to go live and allow Tezos withdrawals and deposits by the time the MainNet was launched. Even now, Tezos withdrawals are disabled, although deposits are currently possible.

Additionally, while Bitfinex decided to list Tezo on September 17, XTZ still remains unavailable in the US, while its deposits are limited to amounts larger than $10,000.

Coinbase CEO hints at Tezos being added to the platform

Considering all of this, it is immediately clear why Tezos news of potentially getting listed on Coinbase is a big deal for this coin. The rumor likely started due to Brian Armstrong, Coinbase’s CEO. Armstrong has recently hinted that the exchange might soon add Tezos to its platform in a tweet about “sugar-free substitutes” that can get “baked” into chocolates and cookies.

While this may seem cryptic and confusing to most people, the Tezos community took it as a hint of Armstrong being interested in XTZ. This is due to the fact that “baking” is one of Tezos’ essential parts. Simply put, it is a process on Tezos, that is used for signing and appending new transaction blocks on its network.

Obviously, this is only a small hint, which can be interpreted in many different ways. However, even this was enough to spark a new price surge for the coin, and raise its value. At the time of writing, the excitement regarding this Tezos news seems to have passed, and the coin is currently trading in the red, with its current price being at $1.37.

However, investors remain optimistic, with many of them predicting the start of an entire bull run if rumors turn out to be true. If a mere hint was enough to start a price surge, the actual act will certainly have a much larger impact.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Top 4 Cryptocurrencies to Bet on in 2019

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The crypto winter ended and Bitcoin is breaking through the $5000 resistance barrier and leading a general charge in bullishness among cryptocurrencies has seen more positivity in the market than ever before. However, before any talk of a crypto spring should start, we need to look at what happened during the winter.

Many different platforms were either fully released or improved upon significantly. There has been a surge of innovation and the crystallization of ideas. The market isn’t just about crypto trading or bitcoin trading; it has become more about what businesses will leverage blockchain in the best way. Investors need to look at what a coin offers beyond just being a cryptocurrency. What partners does it have, what is the long term plan and is it liquid enough?

Investing in altcoins has never been a better option than right now. The volatility index shows that the market is growing without having to rely on Bitcoin. While Bitcoin still determines and up or down trend, the altcoins do not follow this trend exactly. More and more tokens and coins are surviving and thriving on their own merits rather than riding in Bitcoin’s wake.

The four coins to follow are our pick for the top 4 cryptocurrencies most likely to give you substantial returns by the end of 2019.

Stellar Lumens (XLM): Cheap coin, and massive market to grow

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2019 Will Be a Big Year for Luxcore

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Luxcore
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With the recent surge of Bitcoin in the last few weeks, many traders are hoping for a more profitable year than 2018.  Even if that comes to fruition, my advice over the past year remains the same.  Traders must look for companies and projects that offer blockchain solutions with real-world use and complete transparency.  One company that meets both of those requirements is Luxcore (LUX).

What is Luxcore?

Luxcore is a blockchain solutions and services ecosystem that focuses on developing security and privacy products.  The Luxcore platform utilizes the PHI2 algorithm powered blockchain to build a wide variety of product offerings.  One of the platform’s primary goals is to help close the gap between regular consumers and enterprise users by introducing specific use-cases for each group of users.

Exciting Roadmap for 2019

As mentioned earlier, one of the absolute requirements of building a successful blockchain project is to be fully and completely transparent.  Luxcore certainly meets that requirement with the introduction of their most recent roadmap.

The roadmap does a great job of showing which projects are in development, how far along each project is, and the expected completion date of each project.  With this, LUX traders and potentially interested consumers can follow along and monitor the status of projects that they are especially interested in.

Since many crypto projects have inevitably disappointed the market, offering…

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Can XRP Break Out of the Falling Wedge?

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XRP
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XRP is the third largest cryptocurrency by market cap, which currently sits at around $13.5 billion. The coin also has a price of $0.325316 at the time of writing, after seeing a significant price correction of 4% in the last 24 hours.

Just like many other cryptocurrencies, XRP has seen massive losses during the 2018 bear market. However, this falling wedge seems to have seen a real breakout in 2019, as the crypto winter started to let go, and a lot of coins saw significant price recoveries.

XRP’s falling wedge was much more difficult to stop, which can be seen on its long-term chart. But, the recent bull runs allowed numerous cryptocurrencies to finally see growth, and XRP is definitely one of them. The charts also show that the coin’s falling wedge has seen a breakout, which is an excellent thing for the future of XRP’s price.

However, for the coin’s price to truly turn and stay bullish, XRP needs to see larger volumes. The experts believe that this is the key for a new rally, one which would allow XRP to reach true recovery.

XRP price performance and predictions

As mentioned, XRP had struggled to start growing even when most other cryptocurrencies were drawn in a number of bull runs. While the coin has been acting the same as others until mid-February, it is clear that the…

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