{"id":407159,"date":"2019-12-13T04:00:47","date_gmt":"2019-12-13T04:00:47","guid":{"rendered":"https:\/\/uniquehot.com\/?p=407159"},"modified":"2019-12-13T04:06:18","modified_gmt":"2019-12-13T04:06:18","slug":"tezos-taps-crypto-top-ten-as-fundamentals-improve","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/tezos-taps-crypto-top-ten-as-fundamentals-improve\/","title":{"rendered":"Tezos Taps Crypto Top Ten as Fundamentals Improve"},"content":{"rendered":"<p>It has been another largely fruitless day for the majority of crypto assets but one is powering ahead regardless. Tezos has just made it into the top ten as the fundamentals for this altcoin keep improving.<\/p>\n<h2>All Change in Crypto Top Ten<\/h2>\n<p>Tezos is on fire again today with another surge of 18% as it powers into the top ten. From an intraday low of around $1.55 XTZ cranked higher to top out at $1.83 a couple of hours ago before a slight pullback.<\/p>\n<p>Daily volume has pumped from $70 million to $117 million according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/tezos\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Coinmarkercap<\/a> and again Binance and OKEx are taking the lion\u2019s share of the trading. The move has enabled Tezos to flip Stellar for a top ten position as its market cap reached $1.2 billion.<\/p>\n<p><a href=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/12\/xtzchart1312.jpg\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-407163\" src=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/12\/xtzchart1312.jpg?resize=800%2C550\" alt=\"crypto tezos\" width=\"800\" height=\"550\" srcset=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/12\/xtzchart1312.jpg?w=800 800w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/12\/xtzchart1312.jpg?w=460 460w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/12\/xtzchart1312.jpg?w=768 768w, https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/12\/xtzchart1312.jpg?w=750 750w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\"><\/a><\/p>\n<p>Stellar has slid out of the top ten as it falls back again today. XLM has been dumping all year and has dropped 54% since the first of January.<\/p>\n<p>Tezos conversely has been one of 2019\u2019s top performing crypto assets with a surge of 280% over the same period. Over the past week alone the crypto asset has <a href=\"https:\/\/uniquehot.com\/2019\/12\/09\/tezos-xtz-bakes-the-crypto-competition-with-27-weekend-surge\/\">surged a whopping 40%<\/a> while most of those around it have been dumping.<\/p>\n<p>Analyst \u2018CryptoFibonacci\u2019 has been eyeing a retrace after such a sterling run.<\/p>\n<blockquote><p>\u201cPrice is outside of the upper Bollinger Band and it is hitting a confluence of resistance. Watching the retrace.\u201d<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24XTZ&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$XTZ<\/a> Daily Chart.<\/p>\n<p>Loved it when I did my Livestream a week or so ago, loved it a few days ago.  Not so much in love with it now.<\/p>\n<p>Price is outside of the upper Bollinger Band and it is hitting a confluence of resistance.  Watching the retrace.<a href=\"https:\/\/twitter.com\/hashtag\/XTZ?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">#XTZ<\/a> <a href=\"https:\/\/t.co\/yzhBk2F7md\" rel=\"nofollow\">pic.twitter.com\/yzhBk2F7md<\/a><\/p>\n<p>&mdash; CryptoFibonacci (@CryptoFib) <a href=\"https:\/\/twitter.com\/CryptoFib\/status\/79297796?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 13, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Tezos Fundamentals<\/h2>\n<p>Another exchange has just joined those offering Tezos staking. Kraken <a href=\"https:\/\/blog.kraken.com\/post\/3299\/staking-xtz-available-on-kraken\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">announced<\/a> that there would be opportunities to earn 6% by staking XTZ on the exchange.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Earn a 6% return staking XTZ, available on Kraken Friday, Dec 13! Details here:<a href=\"https:\/\/t.co\/UTaEfd9NIk\" rel=\"nofollow\">https:\/\/t.co\/UTaEfd9NIk<\/a><\/p>\n<p>&mdash; Kraken Exchange (@krakenfx) <a href=\"https:\/\/twitter.com\/krakenfx\/status\/46855681?ref_src=twsrc%5Etfw\" rel=\"nofollow\">December 11, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Staking opportunities are already available on the world\u2019s two leading crypto exchanges, Coinbase and Binance. Last week Binance announced that it would support zero fee Tezos staking and Coinbase is pushing education on XTZ by giving a little away to those that watch videos on it.<\/p>\n<p>The Bitwise10 large cap crypto index fund has also dumped its XLM holdings in favor of XTZ according to industry insider and Three Arrows Capital CEO Su Zhu.<\/p>\n<p>https:\/\/twitter.com\/zhusu\/status\/33676802<\/p>\n<p>Earlier this month the fund replaced Dash with Tezos also and others such as the Crypto20 fund are likely to follow suit as the token continues to outperform its brethren.<\/p>\n<p>Proof of stake tokens are likely to grow in popularity as investors will simply hold on to them for staking purposes. Tezos has a delegated staking system whereby holders do not need to have the full amount to become a \u2018baker\u2019 and can join staking pools to get their rewards.<\/p>\n<p>Other performers today include Cosmos, VeChain and Qtum.<\/p>\n<pre>Image from Shutterstock<\/pre>\n","protected":false},"excerpt":{"rendered":"<p>It has been another largely fruitless day for the majority of crypto assets but one is powering ahead regardless. Tezos has just made it into the top ten as the fundamentals for this altcoin keep improving. All Change in Crypto Top Ten Tezos is on fire again today with another surge of 18% as it powers into the top ten. From an intraday low of around $1.55 XTZ cranked higher to top out at $1.83 a couple of hours ago before a slight pullback. Daily volume has pumped from $70 million to $117 million according to Coinmarkercap and again Binance and OKEx are taking the lion\u2019s share of the trading. The move has enabled Tezos to flip Stellar for a top ten position as its market cap reached $1.2 billion. Stellar has slid out of the top ten as it falls back again today. XLM has been dumping all year and has dropped 54% since the first of January. Tezos conversely has been one of 2019\u2019s top performing crypto assets with a surge of 280% over the same period. Over the past week alone the crypto asset has surged a whopping 40% while most of those around it have been dumping. Analyst \u2018CryptoFibonacci\u2019 has been eyeing a retrace after such a sterling run. \u201cPrice is outside of the upper Bollinger Band and it is hitting a confluence of resistance. Watching the retrace.\u201d $XTZ Daily Chart. Loved it when I did my Livestream a week or so ago, loved it a few days ago. Not so much in love with it now. Price is outside of the upper Bollinger Band and it is hitting a confluence of resistance. Watching the retrace.#XTZ pic.twitter.com\/yzhBk2F7md &mdash; CryptoFibonacci (@CryptoFib) December 13, 2019 Tezos Fundamentals Another exchange has just joined those offering Tezos staking. Kraken announced that there would be opportunities to earn 6% by staking XTZ on the exchange. Earn a 6% return staking XTZ, available on Kraken Friday, Dec 13! Details here:https:\/\/t.co\/UTaEfd9NIk &mdash; Kraken Exchange (@krakenfx) December 11, 2019 Staking opportunities are already available on the world\u2019s two leading crypto exchanges, Coinbase and Binance. Last week Binance announced that it would support zero fee Tezos staking and Coinbase is pushing education on XTZ by giving a little away to those that watch videos on it. The Bitwise10 large cap crypto index fund has also dumped its XLM holdings in favor of XTZ according to industry insider and Three Arrows Capital CEO Su Zhu. https:\/\/twitter.com\/zhusu\/status\/33676802 Earlier this month the fund replaced Dash with Tezos also and others such as the Crypto20 fund are likely to follow suit as the token continues to outperform its brethren. Proof of stake tokens are likely to grow in popularity as investors will simply hold on to them for staking purposes. Tezos has a delegated staking system whereby holders do not need to have the full amount to become a \u2018baker\u2019 and can join staking pools to get their rewards. Other performers today include Cosmos, VeChain and Qtum. Image from Shutterstock<\/p>\n","protected":false},"author":386,"featured_media":392049,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[2676,5939,3970,10694,15390],"class_list":["post-407159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-kraken","tag-staking","tag-stellar","tag-tezos","tag-xtz"],"acf":[],"yoast_head":"\n<title>Tezos Taps Crypto Top Ten as Fundamentals Improve<\/title>\n<meta name=\"description\" content=\"It has been another largely fruitless day for the majority of crypto assets but one is powering ahead regardless. 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