MICROSOFT PARTNERED WITH ANKR

With the way things are going, it is clear the institutions haven't take their eyes off crypto and this was obvious by microsoft recent partnership with Ankr. Microsoft partnered with Ankr in other to provide nodes services for enterprise. We saw that price Ankr almost doubled after the announcement of partnership with Ankr. The interesting part is that it long term price looks similar to some other altcoins but we can not say that the short term reversal trend is the start of a new bullish trend because the cryptocurrency market state suggest it is not.

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As interest as Ankr partnership is, you should know that host node of centralized server go against the idea of decentralization. No big surprise, Tezos is also having a similar partnership with Google cloud and the partnership with Google cloud will make it possible for Google Cloud users to use Tezos nodes the develop Tezos decentralized applications. We have been seeing Google been interested in Google partnership since January last year through it digital asset team. Just like Ankr saw a pump after the announcement, XTZ also saw a speculative pump after the announcement but the longer term of XTZ does not suggest that the coin is about to enter a bull circle.

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Of course, Tezos is good project but it do not think the project will skyrock until the next bull market. Even though is period is not too good, it important to take not of this announcements because they will be the catalyst to take this coins and token to a new all time high in the bull market. It is important to know that if you favorite coin or token is declared a security by the SEC, it does not mean that the coin or token is dead. It only means that those in the United States would be about to buy or sell the token again.

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