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✅ Andra Capital and Tezos to Launch Silicon Valley Coin ✅

San Francisco based venture capital firm, Andra Capital has announced the launch of its own token: Silicon Valley Coin (SVC). The firm plans to issue it through a Security Token Offering in a partnership with both Tezos Foundation and Token Soft.According to the announcement, the SVC token will be built on Tezos Blockchain network and it will utilize TokenSoft’s issuance platform.
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The price of Tezos (XTZ) has more than doubled over the past week. The token is close to breaking the May all-time high of $8.42. Tezos is growing parabolically Tezos reached the all-time high (ATH) of $8.42 on May 7, 2021. The altcoin then experienced a 75% correction to a macro low at $2.10 on 20 July. After a three-month consolidation in May-August, the token broke out above the resistance area near $4 (green rectangle). It then reached the 0.618 Fib retracement of the entire downward movement and turned the $4 resistance into support on September 7. A day later, the price generated a hammer candle (blue arrow) to start a parabolic upward movement from 9 September. Over the past week, XTZ has doubled in price and is reaching $8 at the press time XTZ future movement The nearest target for XTZ price action is the ATH level at $8.42. However, even a daily close above the $7.58 area, which is the top of the body of the highest daily candle, would be a bullish signal. The next targets are determined using the external Fib retracement. After a possible breakthrough of the ATH, XTZ will target $10.14 and $11.04 levels at the 1.272 and 1.414 Fib retracement. If these are broken through, the next resistance levels are at $12.33 and $14.75, which correspond to the external retracement of 1.618 and 2 Fib. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #xtz #tezosnews #tezosnft #tezosmarkets #tezos #tezosxtz #tezoscoin #tezosfoundation #tezoswallet #tezosblockchain #tezoscryptocurrency https://www.instagram.com/p/CT0F6nQMTVn/?utm_medium=tumblr
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Major Swiss cryptocurrency broker Bitcoin Suisse has added high-security custodial support and staking services for Tezos (XTZ), with an eye to its institutional clients. ⠀ In an announcement on May 19, Bitcoin Suisse — which custodies over $1 billion in assets — revealed it was going live with XTZ delegation and custody support using its Bitcoin Suisse Vault, which completed an ISAE 3402 audit by PwC last fall. ⠀ Similarly to other Proof-of-Stake (PoS)-based blockchains, Tezos investors are able to earn a form of “interest” by staking (depositing) their tokens to both maintain the network and earn rewards. ⠀ Commenting on the launch of Bitcoin Suisse’s PwC-audited storage solution, Roman Schnider, CFO and Head of Operations at the Tezos Foundation, noted: ⠀ “Tezos was created with fundamental security features like formal verification that allow for institutional-grade smart contract security. As more institutional adopters and investors get involved with the Tezos protocol, institutional-grade custody services […] will be an integral part of the ecosystem.” ⠀ Last month, Bitcoin Buisse had also been among the partners supporting the launch of a new Bitcoin-backed token on the Tezos blockchain, dubbed “tzBTC.” ⠀ Please let me know what you think about this. ⠀ Follow Us on Instagram 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #BitcoinSuisse #tezosblockchain #blockchaincommunity #cryptonews #blockchain #crypto #blockchainadoption #blockchainrevolution #tezosbaking #tezosfoundation #intocryptonews #tezos #blockchainlife #tezoscommunity #cryptocurrencies #cryptolife #cryptocurrency #cryptotalk247 #lovetezos #blockchainnews #xtz #tezoscoin #blockchaine #xtznews #cryptocurrencynews #tezosnews #tezosxtz https://www.instagram.com/p/CAbadlsgm2E/?igshid=tilp1yc8ougc
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- For the first time in crypto’s short, fraught history, Tezos (XTZ)—a cryptocurrency that occupies the number 10 spot on the crypto industry’s list of top 20 tokens—has surpassed EOS, number eight, in volume, price, and value locked in staking. ⠀ At the time of writing, Tezos is also trading for $2.75, while EOS is going for $2.73. XTZ’s trading volume yesterday surged to $95 million—a jump of more than 31 percent compared to the previous day. By contrast, EOS’s volume was $34 million, a spike of just over four percent. ⠀ The price surge marks Tezos’s highest price in well over a month. XTZ last traded for this amount on March 8 and 9, when it slid between $2.60 and $2.90. ⠀ Tezos also now boasts a considerably larger staking network than EOS. Messari lists the coin in third place behind Cosmos (ATOM) and Synthetix (SNX). The currency has an annual staking yield of nearly 7%. (Of course, annual price fluctuations are often far greater than 7%). ⠀ The good news surrounding Tezos follows reports that the cryptocurrency’s blockchain outranks Bitcoin, according to Weiss Crypto Ratings, a financial agency that rates cryptocurrencies. ⠀ Please let me know what you think about this. ⠀ For the TOP Crypto News Follow 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #tezosblockchain #cryptocurrency #tezoscoin #investors #intocryptonews #tezos #xtznews #blockchaine #invest #crypto #tezoscommunity #tezosnews #blockchainadoption #xtz #cryptocurrencynews #blockchainnews #cryptonews #cryptocurrencies #lovetezos #tezosbaking #investor #cryptolife #cryptotalk247 #blockchainlife #blockchain #investing #blockchainrevolution #tezosxtz #tezosfoundation https://www.instagram.com/p/B_bIr58AP1V/?igshid=1hk3g8rbrwlea
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- Tezos has once again prevailed as the best performing cryptocurrency throughout the course of this latest market-wide uptrend, with XTZ surging another 8% today while Bitcoin and many of its other peers all see tempered gains. ⠀ This upwards movement came about as the result of the crypto retracing into what analysts describe as a “golden pocket” that helped boost its momentum. ⠀ Tezos is now attempting to surmount a key resistance region that may prove to be a make-or-break level for the cryptocurrency, and where it goes from here could be the sole factor that determines whether or not it enters another massive uptrend. ⠀ Feel free to give your opinion! Leave a comment below, thanks! ⠀ Thanks For Follow 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #tezoscommunity #bitcoin #cryptocurrencynews #btc #tezoscoin #tezosblockchain #xtznews #tezosbaking #intocryptonews #xtz #tezosxtz #tezosnews #bitcoininfo #cryptotalk247 #tezos #cryptonews #cryptocurrency #cryptolife #tezosfoundation #cryptocurrencies #crypto #lovetezos https://www.instagram.com/p/B_IRdQZABN9/?igshid=9pv4odqeseai
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- More than 20 companies expect to tokenize securities on the Tezos blockchain, representing some $200 million in deals, through a new partnership with fintech merchant bank DealBox and software provider Vertalo.
Announced Monday, the partnership will see Vertalo tokenize 22 different securities issued by DealBox’s clients, providing data management services and providing liquidity, Vertalo CEO and co-founder Dave Hendricks said. His firm is also a registered transfer agent with the Securities and Exchange Commission (SEC).
“The private assets are a bigger market than public securities. Because of the antiquated methods for asset management, and for ownership of private assets, owners of private assets cannot obtain liquidity,” Hendricks said, saying tokenizing might be able to boost liquidity.
The move comes a month and a half after Vertalo formally picked the Tezos network as its default blockchain for issuing securities. The company supports securities issued on Tezos and Ethereum, but said in January it would encourage customers to switch to the former when possible.
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- Developers building on Tezos will now use Chainlink oracles to service their smart contracts, the blockchain platform announced today. ⠀ Chainlink, whose coin is one of the best performing cryptocurrencies in the last two years, helps connect blockchains to real-world data. It brings off-chain (not on a blockchain) data to smart contacts (which are on a blockchain) through a decentralized system of oracles. ⠀ Oracles allow developers to build smart contracts that incorporate off-chain data, access external API services, and trigger settlements, and the oracle provider has seen a slew of integrations throughout the past 18 months. It’s used in everything from pricing feeds for Decentralized Finance (DeFi) platforms to aviation insurance, sports memorabilia and now maybe even a stablecoin. ⠀ Tezos, a top-ten ranking cryptocurrency by market cap, will use Chainlink to access key off-chain resources to use in on-chain applications, according to a statement. Integrating the oracle provider will enhance its “advanced ecosystem for developing next generation decentralized applications,” it stated. ⠀ Please let me know what you think about this. ⠀ For the TOP Crypto News Follow 🙏: @intocryptonews ⠀ See All The Latest Crypto News On The Website: - http://intocryptonews.com/ ⠀ #intocryptonews #crypto #cryptocurrency #tezoscommunity #xtznews #tezosxtz #tezos #link #cryptocurrencynews #chainlink #cryptocurrencies #cryptolife #cryptonews #tezosfoundation #lovetezos #cryptotalk247 #xtz #tezosnews #tezosbaking #tezoscoin #tezosblockchain https://www.instagram.com/p/B_nO_0nAWFd/?igshid=uaa0z7dvsy8q
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- The Bitcoin Association Switzerland announced launching the tzBTC digital token in a press release shared with CryptoPotato. ⠀ It’s entirely backed by the primary cryptocurrency – Bitcoin – and it uses the recently developed FA1.2 Tezos token standard. Thus, holders will be able to code commands on the Tezos blockchain and execute bitcoin transfers from one party to another. ⠀ The press release also stated that “tzBTC” will serve as the primary vehicle for Tezos-based decentralized finance (DeFi). ⠀ “The tzBTC brings the brand and liquidity of Bitcoin to the Tezos blockchain and gains the potential for rich functionality made possible by Tezos smart contracts. This means that developers can use tzBTC to incorporate Bitcoin into decentralized applications on Tezos, gaining access to Bitcoin’s liquidity and stability.”- commented Lucas Betschart, President of Bitcoin Association Switzerland. ⠀ Feel free to give your opinion! Leave a comment below, thanks! ⠀ Follow: @intocryptonews ⠀ Cryptocurrency News Aggregator - http://intocryptonews.com/ ⠀ #cryptonews #crypto #cryptocurrencies #xtz #bitcoinholder #bitcoinnews #tezosfoundation #tezosbaking #bitcoininfo #tzBTC #cryptolife #xtznews #cryptocurrencynews #tezosxtz #bitcoin #tezosnews #lovetezos #investinbitcoin #cryptocurrency #bitcoinhodler #tezos #btc #tezoscommunity #tezoscoin #intocryptonews #tezosblockchain #cryptotalk247 https://www.instagram.com/p/B-vDlosgkev/?igshid=iqfe5zca0sq8
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