Key takeaways Tezos price prediction suggests a recovery to $1.80 by the end of 2024. XTZ could reach a maximum price of $6.01 by the end of 2027. By 2030, XTZ’s price may surge to $18.90. Tezos started out really strong as a platform for smart contracts and decentralized apps. After being released in 2018, its price touched an all-time high of $9.12 in 2021. However, throughout this time, it faced issues like lawsuits and power struggles, causing a loss of investor trust. Eventually, the overall market’s effects plummeted the coin’s price, and it has failed to recover to the same mark since then. However, collaborations and innovations are growing on the Tezos network, bringing it into close competition with other smart contract platforms like Ethereum and Solana. Following the November 5 U.S. elections and the emergence of ex-president Donald Trump, crypto markets have responded positively, with Bitcoin prices moving above the $100k mark. Tezos also responded similarly, hitting a high of $1.85. As the current market sentiments are largely bullish, many crypto enthusiasts are asking questions like, “Can the Tezos token hit $100 in the long term?” or at least, “Will Tezos recover to its all-time high soon?” Let’s get into Tezos price prediction and technical analysis. Overview Cryptocurrency Tezos Ticker XTZ Current price $1.43 Market cap $1,438,984,350.61 Trading volume $180,482,416.52 Circulating supply 1,019,238,752.5 XTZ All-time high $9.18 on October 04, 2021 All-time low $0.3146 on December 7, 2018 24-hour low $1.35 24-hour high $1.46 Tezos price prediction: Technical analysis Metric Value Price Prediction $1.821 (27.87%) Volatility (30-day Variation) 11.56% 50-day SMA $1.187 14-Day RSI 52.65 Sentiment Bullish Fear & Greed Index 73 (Greed) Green days 15/30 (50%) 200-day SMA $0.834 Tezos price analysis: XTZ shows signs of uptrend TL; DR Breakdown XTZ has seen a 1.28% decline in the last 24 hours. XTZ support is $1.33, and resistance is $1.47. The broader trend remains bullish despite recent declines. On December 25, Tezos (XTZ) is trading at $1.416. Resistance stands at $1.477, while support is at $1.335. Holding above the key support level is crucial to prevent a deeper pullback toward $1.193. Despite recent consolidation, XTZ remains in a recovery phase and could target higher levels if buyers sustain momentum, with a potential upside beyond the $1.50 mark. Tezos price analysis 1-day chart: XTZ remains above the SMA at $1.331 The 1-day chart for XTZ indicates slight bearish pressure, with the price currently down 1.28%. The token remains above the SMA at $1.331, suggesting that the broader trend remains bullish despite recent declines. XTZ remains above the SMA at $1.331 The RSI is at 52.69, indicating neutral conditions but showing a slight downward trajectory, hinting at waning momentum. Also, the MACD is slightly above the signal line, but the negative histogram reflects mild bearish momentum. Key support lies near $1.33; failure to hold this level could push XTZ toward lower support levels. On the upside, resistance is seen near $1.50, and a break above this could reinvigorate the bullish momentum. Tezos price analysis 4-hour chart: XTZ is approaching the upper Bollinger Band at $1.477 The 4-hour chart for XTZ shows mild bullish momentum. XTZ is approaching the upper Bollinger Band at $1.477, signalling potential resistance. The lower Bollinger Band at $1.193 represents the next significant support zone. XTZ is approaching the upper Bollinger Band at $1.477 The Balance of Power (BoP) at 0.97 indicates strong bullish control, suggesting buyers actively drive higher prices. However, the proximity to the upper Bollinger Band may limit the immediate upside unless there is significant buying volume. If XTZ breaks above $1.477, it could target higher resistance levels near $1.50. On the downside, a failure to maintain momentum could result in a pullback toward the basis level at $1.335 or further to $1.193. Tezos technical indicators: Levels and action Daily simple moving average (SMA) Period Value ($) Action SMA 3 $1.413 BUY SMA 5 $1.361 BUY SMA 10 $1.387 BUY SMA 21 $1.490 SELL SMA 50 $ 1.187 BUY SMA 100 $ 0.931 BUY SMA 200 $ 0.834 BUY Daily exponential moving average (EMA) Period Value ($) Action EMA 3 $1.366 BUY EMA 5 $1.397 BUY EMA 10 $ 1.441 SELL EMA 21 $ 1.427 SELL EMA 50 $ 1.236 BUY EMA 100 $ 1.046 BUY EMA 200 $ 0.941 BUY What to expect from XTZ price analysis next? XTZ is trading at $1.416, with resistance at $1.477 and support at $1.335. A breakout above $1.477 could target $1.50, while failure may lead to a pullback to $1.335 or $1.193. Traders should watch out for consolidation or a potential breakout soon. Is Tezos a good long term investment? Tezos could be a good investment as it is currently on a dip, and the prospects look good. Once the bull market returns to full swing, Tezos’ price will likely soar upwards. The platform is quite developed and supports DeFi solutions, decentralized applications, and NFTs. However, as always, you should always do your own research because crypto can be extremely volatile. Why is Tezos up? Tezos (XTZ) is up due to recent network upgrades, increased adoption in gaming and NFTs, and attractive staking rewards, which have boosted investor confidence and market activity. Will Tezos recover? Yes, Tezos is likely to recover by the end of this year. Expert forecasts suggest that XTZ will hit $2 by then. Will Tezos reach $10? Yes, Tezos can reach $10. Its all-time high was $9.18; significant bullish momentum will be required to recapture this level. At that point, we will see old investors cutting their losses and new investors taking profits aggressively. Will Tezos reach $50? Based on expert analysis, Tezos may not reach $50 by 2030. To reach that point, a huge market cap will be required. However, mass adoption and integration with new systems could make this possible. Does Tezos have a good long-term future? Tezos seems to have a good long-term future because the platform regularly brings updates, and development is ongoing. It also fits into the larger narrative of decentralized finance and decentralized applications. Recent news/updates on Tezos RedKitePad integrates with Tezos to provide support for gaming projects 👉 @RedKitePad , a premier launchpad for Web3 projects, is integrating #Tezos into their platform. This integration offers game developers access to Red Kite’s extensive marketing network and dedicated support for IDOs and project launches. Red Kite will now be providing support… https://t.co/cED7igDqyI — Tezos (@tezos) December 11, 2024 Tokenized Uranium goes live on the Tezos Blockchain URANIUM hits the blockchain community in tokenized form >>> ⚛️Tokenized Uranium Goes Live on the Tezos Blockchain with Archax, Cameco Involved (Coindesk) London-based Tezos ecosystem development firm Trilitech launched Uranium. io to offer tokens backed by physical uranium… — Tracy Shuchart (𝒞𝒽𝒾 ) (@chigrl) December 5, 2024 Tezos price prediction December 2024 If the bulls back XTZ, the token could break out, reaching a peak of $2.23 while maintaining an average trading price of $1.75 in December 2024. Traders can expect a minimum price of $1.59. Tezos price prediction Minimum price ($) Average price ($) Maximum price ($) XTZ price prediction December 2024 1.59 1.75 2.23 Tezos price prediction 2024 Experts believe the overall outlook for Tezos (XTZ) is positive for the remainder of 2024. Investors can expect a minimum market price of $1.58, an average price of $1.75, and a maximum price of $1.80. Tezos price prediction Minimum price ($) Average price ($) Maximum price ($) Tezos price prediction 2024 1.58 1.75 1.80 Tezos price prediction 2025-2030 Year Minimum price ($) Average price ($) Maximum price ($) 2025 $2.44 $2.51 $2.99 2026 $3.44 $3.54 $4.21 2027 $4.97 $5.15 $6.01 2028 $7.37 $7.63 $8.70 2029 $10.92 $11.30 $12.65 2030 $16.13 $16.58 $18.90 XTZ Price Prediction for 2025 The XTZ price prediction for 2025 anticipates a surge in price, resulting in a maximum price of $2.99. Based on expert analysis, investors can expect an average price of $2.51 and a minimum price of about $2.44. Tezos Price Forecast for 2026 According to the XTZ price forecast for 2026, Tezos is anticipated to trade at a minimum price of $3.44, a maximum price of $4.21, with an average price of $3.54. Tezos Price Prediction for 2027 The XTZ price prediction for 2027 indicates a continued rise, with minimum and maximum prices of $4.97 and $6.01, respectively, and an average price of $5.15. Tezos Price Prediction for 2028 Tezos’s price is expected to reach a minimum of $7.37 in 2028. The maximum expected XTZ price is $8.70, with an average price of $7.63. Tezos Price Prediction for 2029 The XTZ price prediction for 2029 estimates a minimum price of $10.92, a maximum price of $12.65, and an average price of $11.30. Tezos Price Prediction for 2030 The Tezos price prediction for 2030 suggests a minimum price of $16.13 and an average price of $16.58. The maximum Tezos price is set at $18.90. Tezos price prediction 2024-2030 Tezos market price prediction: Analysts’ XTZ price forecast Firm 2024 2025 Changelly $1.72 $1.69 DigitalCoinPrice $3.58 $4.23 CoinCodex $1.704 $3.85 Cryptopolitan’s Tezos (XTZ) price prediction Tezos is expected to reach $1.8 by the end of 2024, and forecasts up to 2030 give a positive outlook for XTZ to break above the $10 mark. For that to happen, future price movements and an increase in Tezos’ adoption must be bullish. Tezos historic price sentiment Tezos price history ⏐ Source: Coinmarketcap Tezos mainnet went live in September 2018 and immediately gained popularity for dealing with the environmental impact of blockchain technologies at that time with its PoS model. XTZ’s price peaked during the bullish cycle of 2021, reaching above $9.0. After 4 April 2022, XTZ’s price plummeted below $4.0; by 9 May, it had sharply fallen below the $2 mark. At the start of December 2022, XTZ was valued at about $1, but it closed the year at $0.73. XTZ managed an average price of $0.8 in 2023. Thus far in 2024, Tezos (XTZ) has seen a largely bearish trend. It started around $1.4 in April, declined to $0.541 by August, and is trading between $0.6747 and $0.7015 in September. In October, Tezos hit a peak price of $0.7173; in November, the coin hit a peak price of $1.856. In December, XTZ is trading within the $1.35 – $1.46 price range.
On-chain data shows the Litecoin Daily Active Addresses indicator has seen a significant increase this year as compared to the last one. Litecoin Average Active Addresses Have Been Notably Higher This Year In a new post on X, the market intelligence platform IntoTheBlock has discussed about the year-on-year growth in the Daily Active Addresses for Litecoin. The “ Daily Active Addresses ” refers to a metric that measures the total number of addresses that are participating in some kind of transaction activity on the network every day. When the value of this indicator goes up, it means the unique number of addresses making transfers on the blockchain is rising. As the unique number of addresses can be equated with the unique number of users, this kind of trend implies traffic on the chain is increasing. On the other hand, the metric registering a decline suggests investor interest in the cryptocurrency may be waning as not many users are participating in on-chain activity. Now, here is a chart that shows the trend in the Litecoin Daily Active Addresses over the past year: As is visible in the above graph, the Litecoin Daily Active Addresses started 2024 very strongly, but the metric cooled off soon after. There have been some bursts of activity since then, but on the whole, the indicator has shown a consistent sideways trajectory. On average, there have been around 401,000 addresses interacting on the blockchain every day this year. While this is significantly lower than the massive 1.37 million high from January where LTC surpassed both Bitcoin (BTC) and Ethereum (ETH), it’s still almost 10% higher than the 366,000 average from 2023. Historically, Litecoin has generally tended to do well in terms of activity-related metrics, due to the fact that the network offers cheap and fast transactions. The traffic growth that LTC has witnessed compared to the previous year would imply users are still being attracted to the chain for its use as a mode of payments. Recently, the miners have also been investing into the network, as the total LTC hashrate , a measure of the miners’ computing power, has been on the rise. Below is a chart from CoinWarz that displays this trend. Growth in the Daily Active Addresses is usually constructive for any cryptocurrency, as it means that there is rising interest in the network, which can potentially help fuel price moves. LTC hasn’t exactly been doing the best in terms of price action lately, but the strong traffic and miner confidence may help it reverse course. LTC Price Litecoin had plunged toward the $86 mark at the end of last week, but it appears the coin has seen a jump since then as its price is now trading around $110.
The US Internal Revenue Service (IRS) maintains that profits from crypto staking are taxable even before the participant cashes in on them. The governmental parastatal has reiterated that crypto staking does not constitute a new property. As a result, crypto enthusiasts staking their assets should account fully for them and pay taxes upon staking.A Bloomberg report on Tuesday stated the IRS’s stance in an ongoing legal proceeding between the agency and a US couple. For context, Joshua Jarret and his wife, Jessica Jarret, filed a lawsuit against the tax collectors in October, seeking to reform how the IRS views taxes on crypto staking.Background of the IRS Tax CaseThe years-long legal battle originated from an initial lawsuit against the IRS over a tax feud. The couple argued against the agency's stance on staking taxes and insisted that, like a farmer’s proceeds are only accounted for after harvest, rewards for staked cryptocurrencies should be taxable after the sales.Notably, the IRS repaid the couple’s overdraft tax of $4,000 for its 8,876 Tezos (XTZ) earnings in 2019. However, they pursue a greater course, seeking to establish a legal framework treating staked cryptocurrencies as new properties.Although the court closed the case on the premise that Joshua and Jessica had received a refund, the couple filed a fresh lawsuit on the case two months ago. They asked for a refund of the $12,179 paid in tax for its 13,000 XTZ earnings.Meanwhile, the IRS has maintained that crypto stakers should pay liability tax upon locking up their assets. The tax collectors cited the Revenue Ruling 202314 bill, which supports a tax imposition on staked assets as soon as their owners can sell, exchange, or dispose of them.Revolving View of CryptocurrencyNotably, views on cryptocurrency and its activities are evolving amidst a friendly global stance. In opposition to the IRS’s view that crypto is not property, legal entities in some other countries have started adopting digital assets as a prominent financial tool.For context, an English High Court recognized Tether as property. The presiding judge noted that the stablecoin has all the qualities of a property, including tangibility, traceability, and usage.Russia’s President, Vladimir Putin, recently signed a similar treaty on digital assets. He also approved a bill recognizing cryptocurrencies as property and exempting them from value-added tax.Meanwhile, cryptocurrencies continue to gain global traction. The sector’s firstborn, Bitcoin, has become the subject of a broader adoption among countries as a strategic reserve asset.
The United States Internal Revenue Service (IRS) has maintained its position that cryptocurrency staking rewards are taxable income upon receipt, challenging claims that these rewards should be considered new property. This stance has been reiterated in the ongoing legal dispute involving Joshua and Jessica Jarrett, who argue for a different tax treatment for staking rewards. The IRS issued a statement on December 23, stating that taxpayers must report staking rewards as income at their fair market value as soon as they are able to sell or exchange them. According to IRS Revenue Ruling 2023-14, these rewards are not viewed as newly created property but as income, similar to wages or dividends. Staking, a process where cryptocurrency holders lock their assets in a smart contract to support blockchain operations, generates rewards in the form of additional tokens. While it has become a popular method for earning passive income in the crypto space, its tax implications have sparked major debate. Jarretts Challenge IRS in Second Lawsuit The Jarretts’ legal battle with the IRS began in 2021 when they filed a lawsuit over taxes paid on 8,876 Tezos (XTZ) tokens earned as staking rewards in 2019. The couple argued that these rewards should be treated as property, akin to crops harvested by a farmer or a manuscript written by an author, and taxed only upon sale. The IRS initially offered the Jarretts a $4,000 refund to resolve the dispute, but they declined, seeking to establish a broader precedent for proof-of-stake networks. The court ultimately dismissed the case, deeming it moot due to the refund. In October 2024, the Jarretts renewed their challenge with a second lawsuit, now seeking a $12,179 refund for taxes paid on 13,000 XTZ tokens earned in 2020. Their filing requests a permanent injunction against the IRS’s current tax policy , arguing that “new property” is not taxable income until sold. Potential Ripple Effects for Crypto Taxation This legal battle could have far-reaching implications for the cryptocurrency industry, especially for proof-of-stake networks. If the court rules in favor of the Jarretts, it could reshape how staking rewards are classified and taxed, potentially easing the burden on crypto investors. As the case unfolds, the IRS’s firm stance underscores its commitment to treating staking rewards as immediate taxable income, a position that will likely continue to stir debate across the industry. The post IRS Reaffirms Stance on Staking Rewards as Taxable Income Amid Legal Battle appeared first on TheCoinrise.com .
The crypto market is buzzing as we wrap up 2024. Qubetics has made a splash, raising $7.5 million and selling 372 million tokens in its presale. Meanwhile, established players like Cardano (ADA) and Tezos (XTZ) are experiencing significant growth, catching the eyes of investors and enthusiasts alike. Qubetics is stepping up to tackle real-world issues that previous crypto projects have struggled with. By focusing on user-friendly solutions and seamless integration with existing financial systems, Qubetics aims to make cryptocurrency transactions as straightforward as everyday payments, bridging the gap between digital assets and daily financial activities. Qubetics ($TICS): Revolutionizing Crypto Transactions Qubetics is on a mission to simplify how we handle digital assets. Their non-custodial multi chain wallet is designed to make crypto transactions as easy as using Apple Pay or Google Pay, whether you’re on iOS, Android, or desktop. This means you can manage your crypto just like any other payment method, without the usual headaches. Imagine you’re running a small online store. With Qubetics’ wallet, accepting crypto payments becomes a breeze. The smart contract conversion feature automatically turns digital assets into fiat currency at the point of sale, protecting you from market volatility and ensuring stable, secure transactions. This integration with major financial institutions means you can focus on your business without worrying about the complexities of crypto. As of now, Qubetics is in the 14th stage of its presale, having sold over 372 million tokens to more than 11,500 holders, raising upwards of $7.5 million. You can snag $TICS tokens at $0.0377 each, but act fast—the price is set to jump by 10% in the 15th stage this weekend. Qubetics Integrates SWFT Blockchain to Deliver Next-Generation Wallet Qubetics has revealed a game-changing integration with SWFT Blockchain, paving the way for a state-of-the-art wallet experience. The new Qubetics Wallet will feature seamless cross-chain swaps, multi-asset compatibility, and robust security powered by SWFT. Cardano (ADA): Steady Growth and Future Prospects Cardano has been making waves in the crypto space, with ADA recently surpassing the $1 mark—a significant milestone for the project. Analysts are optimistic, eyeing a potential rise to $1.5, driven by large holders accumulating 160 million ADA tokens after its drop to $0.91, signalling renewed confidence in the asset’s potential for recovery. Looking ahead, Cardano’s roadmap includes the upcoming Plomin hard fork and governance evolution, highlighting its push toward long-term ecosystem growth. These developments aim to enhance the platform’s scalability and governance, making it more attractive to developers and investors. For those considering their crypto investment options, ADA’s recent performance and future plans make it a contender among the best cryptos to buy in December 2024. Tezos (XTZ): A Resilient Performer in the Crypto Market Tezos has been showing impressive performance lately. In the last 24 hours, XTZ has surged by 13.84%, currently trading at $1.55. This growth reflects a strong bullish momentum and a considerable rebound of 134.89% in the last month, placing XTZ as one of the cryptocurrencies to watch closely. Additionally, Tezos has seen a significant increase in its gaming ecosystem, with a 558% rise in active gamers. This surge is driven by the launch of several new games, such as Coin Blast and AI racing game Track Mind, contributing to the platform’s growing popularity. Investors looking for emerging opportunities may find XTZ appealing, especially considering its technological advancements and growth potential. What Is Your Choice? As December 2024 unfolds, the cryptocurrency market presents a variety of promising opportunities. Qubetics’ innovative approach to simplifying crypto transactions, Cardano’s steady growth and upcoming developments, and Tezos’ technological advancements and ambitious targets make them noteworthy considerations for investors. Based on the latest research, we recommend considering $TICS, ADA, and XTZ as some of the best cryptos to buy in December 2024 . For More Information: Qubetics: https://qubetics.com/ Telegram: https://t.me/qubetics Twitter: https://twitter.com/qubetics The post Best Coins to Buy Now for Massive Gains in New Year: Qubetics Joins Hands with Swift, Cardano Surpasses $1, and Tezos Surges 13.84% appeared first on TheCoinrise.com .
Bullish XTZ price prediction for 2024 is $1.901 to $3.334. Tezos (XTZ) price might reach $5 soon. Bearish (XTZ) price prediction for 2024 is $0.585 . In this Tezos (XTZ) price prediction 2024, 2025-2030, we will analyze the price patterns of XTZ by using accurate trader-friendly technical analysis indicators and predict the future movement of the cryptocurrency . TABLE OF CONTENTS INTRODUCTION Tezos (XTZ) Current Market Status What is Tezos (XTZ)? Tezos (XTZ) 24H Technicals TEZOS (XTZ) PRICE PREDICTION 2024 Tezos (XTZ) Support and Resistance Levels Tezos (XTZ) Price Prediction 2024 — RVOL, MA, and RSI Tezos (XTZ) Price Prediction 2024 — ADX, RVI Comparison of XTZ with BTC, ETH TEZOS (XTZ) PRICE PREDICTION 2025, 2026, 2027-2030 CONCLUSION FAQ Tezos (XTZ) Current Market Status Current Price $1.46 24 – Hour Price Change 4.53% Up 24 – Hour Trading Volume $156.43M Market Cap $1.48B Circulating Supply 1.01B XTZ All – Time High $9.18 ( On Oct 04, 2021) All – Time Low $0.3146 (On Dec 07, 2018) XTZ Current Market Status (Source: CoinMarketCap ) What is Tezos (XTZ) TICKER XTZ BLOCKCHAIN Tezos CATEGORY Blockchain Network LAUNCHED ON June 2018 UTILITIES Governance, security, gas fees & rewards Tezos (XTZ) is the native cryptocurrency of Tezos. Tezos is an open-source, smart contract-based blockchain that facilitates the creation and development of smart contracts and dApps. The blockchain is secured by a modified proof-of-stake (PoS) called liquid proof-of-stake (LPoS). Transactions are added onto the blocks and validated by a group of validators called bakers and endorsers. Bakers are the ones who stake XTZ tokens and create new blocks. While endorsers validate the blocks. Users can stake Tezos (XTZ) tokens to validate blocks and secure the blockchain. Token holders receive voting rights and participate in the network’s governance. Recently, the new uranium trading platform, Uranium.io , was launched, powered by Tezos technology. It aims to make uranium trading accessible to all, previously limited to institutional investors. The platform is supported by Archax, the UK’s first registered crypto exchange, and Curzon Uranium, a leading uranium trading firm. Tezos 24H Technicals (Source: TradingView ) Tezos (XTZ) Price Prediction 2024 Tezos (XTZ) ranks 80th on CoinMarketCap in terms of its market capitalization. The overview of the Tezos price prediction for 2024 is explained below with a daily time frame. XTZ/USDT Descending Channel Pattern (Source: TradingView ) In the above chart, Tezos (XTZ) laid out a Descending Channel. A descending channel, also known as a falling channel, is a bearish technical analysis pattern formed by two parallel downward-sloping trendlines. The upper trendline connects a series of high points, indicating resistance where the price struggles to rise above, while the lower trendline connects the lower points, acting as support. This pattern suggests that sellers are in control, with the price consistently making lower highs and lower lows. Traders often look to sell near the upper trendline and buy near the lower trendline, as the price typically oscillates within this defined range. Overall, the descending channel helps traders identify potential shorting opportunities and assess market sentiment. At the time of analysis, the price of Tezos (XTZ) was recorded at $1.31. If the pattern trend continues, then the price of XTZ might reach the resistance level of $1.556, and $2.420. If the trend reverses, then the price of XTZ may fall to the support of $1.260. Tezos (XTZ) Resistance and Support Levels The chart given below elucidates the possible resistance and support levels of Tezos (XTZ) in 2024. XTZ/USDT Resistance and Support Levels (Source: TradingView ) From the above chart, we can analyze and identify the following as resistance and support levels of Tezos (XTZ) for 2024. Resistance Level 1 $1.907 Resistance Level 2 $3.334 Support Level 1 $1.038 Support Level 2 $0.585 XTZ Resistance & Support Levels Tezos (XTZ) Price Prediction 2024 — RVOL, MA, and RSI The technical analysis indicators such as Relative Volume (RVOL), Moving Average (MA), and Relative Strength Index (RSI) of Tezos (XTZ) are shown in the chart below. XTZ/USDT RVOL, MA, RSI (Source: TradingView ) From the readings on the chart above, we can make the following inferences regarding the current Tezos (XTZ) market in 2024. INDICATOR PURPOSE READING INFERENCE 50-Day Moving Average (50MA) Nature of the current trend by comparing the average price over 50 days 50 MA = $1.117 Price = $1.506 (50MA Bullish/ Uptrend Relative Strength Index (RSI) Magnitude of price change;Analyzing oversold & overbought conditions 56.161 50-70 = Neutral >70 = Overbought Neutral Relative Volume (RVOL) Asset’s trading volume in relation to its recent average volumes Below cutoff line Weak volume Tezos (XTZ) Price Prediction 2024 — ADX, RVI In the below chart, we analyze the strength and volatility of Tezos (XTZ) using the following technical analysis indicators — Average Directional Index (ADX) and Relative Volatility Index (RVI). XTZ/USDT ADX, RVI (Source: TradingView ) From the readings on the chart above, we can make the following inferences regarding the price momentum of Tezos (XTZ). INDICATOR PURPOSE READING INFERENCE Average Directional Index (ADX) Strength of the trend momentum 46.273 Very Strong Trend Relative Volatility Index (RVI) Volatility over a specific period 51.33 >50 = High High volatility Comparison of XTZ with BTC, ETH Let us now compare the price movements of Tezos (XTZ) with that of Bitcoin (BTC), and Ethereum (ETH). BTC Vs ETH Vs XTZ Price Comparison (Source: TradingView ) From the above chart, we can interpret that the price action of XTZ is similar to that of BTC and ETH. That is, when the price of BTC and ETH increases or decreases, the price of XTZ also increases or decreases respectively. Tezos (XTZ) Price Prediction 2024, 2025 – 2030 With the help of the aforementioned technical analysis indicators and trend patterns, let us predict the price of Tezos (XTZ) between 2025, 2026, 2027, 2028, 2029 and 2030. Year Bullish Price Bearish Price Tezos (XTZ) Price Prediction 2025 $6 $0.7 Tezos (XTZ) Price Prediction 2026 $7 $0.9 Tezos (XTZ) Price Prediction 2027 $8 $1 Tezos (XTZ) Price Prediction 2028 $10 $1.3 Tezos (XTZ) Price Prediction 2029 $11 $1.7 Tezos (XTZ) Price Prediction 2030 $13 $1.9 Conclusion If Tezos (XTZ) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Tezos (XTZ) price prediction for 2024 is $3.334. Comparatively, if unfavorable sentiment is triggered, the bearish Tezos (XTZ) price prediction for 2024 is $0.585. If the market momentum and investors’ sentiment positively elevate, then Tezos (XTZ) might hit $5. Furthermore, with future upgrades and advancements in the Tezos ecosystem, XTZ might surpass its current all-time high (ATH) of $9.18 and mark its new ATH. FAQ 1. What is Tezos (XTZ)? Tezos (XTZ) is the native crypto token of Tezos. Tezos is an open-source blockchain that facilitates the creation and development of smart contracts and dApps. 2. Where can you purchase Tezos (XTZ)? Tezos (XTZ) has been listed on many crypto exchanges, including Binance, OKX, Bybit, DigiFinex, and Cointr Pro. 3. Will Tezos (XTZ) reach a new ATH soon? With the ongoing developments and upgrades within the Tezos Platform, XTZ has a high possibility of reaching its ATH soon. 4. What is the current all-time high (ATH) of Tezos (XTZ)? On October 04, 2021, XTZ reached its new all-time high (ATH) of $9.18. 5. What is the lowest price of Tezos (XTZ)? According to CoinMarketCap, XTZ hit its all-time low (ATL) of $0.3146 on December 07, 2018. 6. Will Tezos (XTZ) reach $5? If Tezos (XTZ) becomes one of the active cryptocurrencies that majorly maintain a bullish trend, it might rally to hit $5 soon. 7. What will be Tezos (XTZ) price by 2025? Tezos (XTZ) price is expected to reach $6 by 2025. 8. What will be Tezos (XTZ) price by 2026? Tezos (XTZ) price is expected to reach $7 by 2026. 9. What will be Tezos (XTZ) price by 2027? Tezos (XTZ) price is expected to reach $8 by 2027. 10. What will be Tezos (XTZ) price by 2028? Tezos (XTZ) price is expected to reach $10 by 2028. Top Crypto Predictions Stacks (STX) Price Prediction Cardano (ADA) Price Prediction FLOKI (FLOKI) Price Prediction Disclaimer: The opinion expressed in this chart is solely the author’s. It does not represent any investment advice. TheNewsCrypto team encourages all to do their own research before investing.
The power-hungry AI revolution is already spiking global demand for energy. That's putting a bigger focus on nuclear energy, and with it — according to one venture capital company — the need for better ways to trade the fuel that makes fission possible. For crypto-focused VC firm Portal Ventures, the answer was downright radioactive. The firm is leading a $1.7 million round in Uranium Digital, a startup that tokenizes uranium ore for easier trading than was ever possible in the highly regulated metal's surprisingly underfinancialized market. A "major nuclear renaissance from AI" is afoot, predicted Portal Ventures General Partner Catrina Wang. Her firm wrote the biggest check for Uranium Digital after concluding the startup was using crypto rails to more effectively tap into a "latent market." Uranium Digital isn't the only effort to shake up the tightly controlled market for the most critical component of nuclear fuel. Just last week a separate startup started selling exposure to yellowcake (a form of powdered uranium) atop the Tezos blockchain. According to Uranium Digital's founder Alex Dolesky, his firm is the best-positioned to get the job done. He realized trading commodities years ago that, perplexingly, this commodity didn't have a mature and robust market on par with gold, silver and other metals. Because of its tight controls, it traded solely in opaque deals across OTC desks manned by institutional players — inaccessible to retail traders. Enter tokenization. Tokens alone can't power a nuclear reactor. But Uranium Digital represents yellowcake with tokens that anyone can trade. To keep things kosher the underlying metal sits in storage, inaccessible to anyone but buyers with the right licensure to claim physical settlement. "What we're creating is the first vector where you have an actual functioning commodity contract underlying spot uranium, and a vector where both retail and institutional volume can converge," Dolesky said. He said the increased participation will be a boon for efficiency and price discovery. This is where Uranium Digital differs from many of the crypto startups that CoinDesk covers in 2024. It isn't going to issue its own "token" to represent decentralized governance, or whatever. Instead, it's a pure-play blockchain-as-a-solution company. "Its kind of a traditional VC equity-style play in the way that value accretes," Dolesky said. For his part, Dolesky is playing the AI bet a bit more conservatively than his startup's biggest backer. He says that uranium trading is at such an early stage that "we first need to establish a financialized market." But he's well aware that the Microsofts, Googles and other tech majors of the world are leaning into an AI future that will, inevitably, need massive amounts of power that nuclear power is well-equipped to deliver. "They need uranium for reactors and we want to be part of the procurement solution," he said.
Blockchain platform Tezos aims to democratize the uranium trade, traditionally dominated by institutional investors, through Uranium.io, the world’s first decentralized application designed specifically for uranium trading. Uranium.io, built on the Tezos blockchain, aims to lower barriers to entry for retail investors, providing unprecedented access to a market previously limited to large-scale institutional players. The platform is launching in partnership with Curzon Uranium, a major uranium trading firm with over $1 billion in trades, and Archax, the United Kingdom’s first registered cryptocurrency exchange. Uranium Market to Benefit From Ledger Technology Traditionally, retail investors could only engage with uranium indirectly, such as through exchange-traded funds (ETFs). Uranium.io changes this dynamic by introducing tokenized uranium assets. It’s official: tokenized uranium is available to trade now! Powered by @Tezos , @ArchaxEx , and Curzon, you have the opportunity to invest in physical uranium–U308—via our trading platform. Buy, own, and trade physical uranium: A direct and transparent way to invest in… pic.twitter.com/wgEGQ8H9SO — XU3O8 (@uranium_io) December 3, 2024 These assets, minted on an immutable blockchain ledger, are part of the growing real-world asset (RWA) tokenization trend, which enhances liquidity and accessibility for tangible and financial assets. Blockchain technology further simplifies participation by automating processes through smart contracts, eliminating the need for complex banking relationships and contractual frameworks. Uranium purchased via Uranium.io will be stored as physical Triuranium octoxide (U3O8) in a regulated depository managed by Cameco, a global leader in uranium supply. The launch of Uranium.io coincides with rising demand for uranium, fueled by the global shift toward nuclear energy as a low-emission alternative. Nuclear energy is gaining traction as industries like artificial intelligence increasingly require sustainable, high-capacity power solutions. Companies such as Microsoft are already exploring nuclear energy options, including plans to utilize reactivated reactors. Magic Integrates Etherlink to Enhance Tezos dApp Development In May, Magic partnered with Etherlink to boost Tezos dApp development with enhanced scalability and security. The integration was intended to simplify onboarding for blockchain users. By combining Etherlink’s scalability and security with Magic’s easy-to-use wallet SDK, the partnership seeks to improve the development of dApps on the Tezos blockchain. Etherlink, an EVM-compatible layer 2 solution, offers quick transaction times and low costs. It integrates directly with Tezos layer 1, reducing common smart contract risks and providing a solid foundation for secure DApp development. The post Tezos Aims to Democratize Uranium Trading with Blockchain-Based Uranium.io Platform appeared first on Cryptonews .
Tezos, a proof of stake blockchain, has unveiled the world’s first decentralised Uranium trading market place dubbed Uranium.io. According to a December 3 announcement , the platform has been deployed on Etherelink, a layer 2 blockchain on the Tezos network. Uranium.io is a decentralized application, that will allow users to connect their digital wallets, complete Know Your Customer (KYC) verification, and trade the critical resource. The platform is the latest example of how the market for real-world assets (RWA) tokenization is opening up a previously inaccessible market for small investors. Tokenization involves creating digital tokens that are backed by financial or tangible assets, such as uranium, and recording them on an immutable blockchain ledger. These tokens represent ownership or participation in the underlying asset, ensuring that each token is tied to a physical or financial equivalent securely held in a regulated depository or custodian. In this case, Uranium acquired via the dApp is stored as physical Triuranium octoxide (U3O8), commonly referred as Yello cake, which is procured by Curzon Uranium Ltd, a prominent Uranium trading frim based in the United Kingdom. The U308 is then stored securlly by Cameco one of the leading uranium providers in the world, at a regulated depository. This ensures that every token representing uranium on the platform is fully backed by a corresponding physical quantity of U3O8, providing transparency and trust for investors. Speaking on the matter, Tezos co-founder Aurthur Breitman said in statement to media that the Uranium market actually benefits from having a “transparent, globally accessible ledger,” unlike other blockchain use cases. He emphasized that the shared ledger introduces a level of trust and accessibility that is critical for trading uranium, an asset integral to the future of energy. Breaking barriers with blockchain By leveraging blockchain technology and smart contracts, the platform reduces counterparty risks, and opens up uranium trading to a wider range of investors. Previously limited to institutional players via complex and costly investment instruments like exchange-traded funds , this new approach makes the market more accessible while also increasing liquidity and efficiency in uranium trading. Uranium.io comes in response to growing demand for uranium as a source of low-emission energy, driven by the global shift toward sustainable solutions. This demand has been further amplified by advancements in artificial intelligence, with companies like Microsoft exploring nuclear energy to power energy-intensive AI systems. If the dApp is a success, Breitman expects it to lay the foundation for other commodity markets to be introduced in the decentralised space. Despite the develop, the price of XTZ , the native token for the Tezos blockchain, was down 4.5% over the past 24-hours. At press time, the altcoin as trading for $1.54 with a market capitalisation of $1.57 billion. The post World’s first decentralized Uranium trading market launches on Tezos appeared first on Invezz
Nuclear energy is back in fashion, and a new blockchain-based marketplace aims to hop on the trend bringing investment access in the yellow ore to retail investors in a tokenized form. London-based Tezos ecosystem development firm Trilitech launched Uranium.io on Tuesday to offer tokens backed by physical uranium oxide U3O8 , also known as "yellowcake."The app was built on Etherlink, an EVM-compatible layer-2 network on top of Tezos (XTZ). The project recruited U.K.-regulated digital asset firm Archax as custodian for the underlying assets and creating the tokens. The physical metal is stored and maintained in a regulated depository at Cameco, one of the world's largest uranium producers. Tokenized real-world assets is a rapidly growing corner of the crypto markets, with crypto firms and global financial institutions bringing traditional investments such as commodities to blockchain rails. They do so for cheaper transaction costs, faster settlements and to reach a broader investor audience. The digital tokens represent ownership of the underlying asset. For example, global bank HSBC introduced tokenized gold to retail investors in Hong Kong earlier this year. Uranium is a crucial metal for energy production fueling nuclear power plants with rising demand. The market for uranium, however, is fragmented with trading concentrated on over-the-counter desks and retail traders' options to invest in the metal has been limited, Arthur Breitman, director of TriliTech and co-founder of the Tezos blockchain, told CoinDesk in an interview. Moving ownership representation to blockchain rails reduces frictions and makes it easier for average investors to participate, he added. "This is particularly exciting as nuclear power is experiencing a revival,” Breitman said. It's not the first effort to bring trading with the yellow ore onto blockchain rails, though. Last year, a project called Uranium3o8 launched a uranium-linked token on decentralized crypto exchange Uniswap backed by forward sales agreement with a mining company. However, the token decoupled from physical uranium prices and eventually fell to near zero a few months after launch, CoinGecko data shows, underscoring the difficulties to create a tokenization structure that works. To ensure that the token's value is anchored to the physical metal, Uranium.io accumulated some 1.6 million ounces of uranium oxide at Cameco, Breitman said. Meanwhile, commodity trading firm Curzon Uranium also provides access to primary markets for the ore.