Tezos (XTZ) Arrives on Coinbase

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Tezos (XTZ) became the next asset to be added to Coinbase.com, the Coinbase App, and is now available for mainstream trading. The XTZ asset arrived after spending a few weeks on Coinbase Pro. XTZ will be available to all regions covered by Coinbase, with the exception of New York state.The news lifted XTZ only slightly, to $1.49, adding about 5% to the price in the past day, though with a sharper spike right after the listing announcement late on Thursday. XTZ had already discounted the hype of a possible Coinbase listing, hence remaining at the current price range.While in the past a Coinbase listing meant the potential for significant appreciation, the current trading climate shows distrust of altcoins. The XTZ listing arrives at the tail end of what turned out to be a prolonged bear market for altcoins, with only a small-scale rally in the spring of 2019. Now, altcoins…

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