Categories: Fin-Tech Tool Box

Ethereum Classic (ETC) Ambushes Tron and Monero, Going For IOTA

Click here to view original web page at ethereumworldnews.com

At the moment, Ethereum Classic (ETC) is ahead of Tron and Monero and its running after IOTA. Nothing is behind this progress than series of announcements made about the coin by Coinbase.

Last week Friday, shortly after Coinbase announced that it is adding Ethereum Classic to its platform, there was euphoria in the cryptocurrency community resulting in the price of ETC moving from $14.22 to $ 16.92.

As at press time, Ethereum Classic is at the 11th position, a point ahead of Tron which hangs at the 12th position and Monero at the 13th position.

Yesterday, Coinbase exchange declared it has perfected the final testing for Ethereum Classic (ETC).

In a tweet, it announced:

“Following last week’s update about the final stage of testing for Ethereum Classic [ETC], we are now accepting inbound transfers of ETC on @CoinbasePro.”

Now, ETC has been launched on Coinbase Pro, and once there is enormous liquidity for the cryptocoin, it will be listed on Coinbase.com as well.

Once Ethereum Classic fully lands on Coinbase.com, there is hope that the price of Ethereum increases in the market, while the market cap and its 24 hours volume, which at the moment are at $1.7 Billion and $549 Million respectively, may increase as well.

Where Is IOTA, Tron, And Monero

Although, IOTA is ahead of ETC in the crypto market, Tron and Monero are below Ethereum Classic in the market. The two latter coins have close market caps of $1.67 Billion and $1,66 Billion respectively.

However, ETC, which is ahead and driving close to IOTA (With a market cap of $1.8 Billion) has a potential of increasing in market cap any moment.

Robinhood Adds Ethereum Classic Ahead Of Coinbase

The recent boom in the price of Ethereum Classic cannot be linked to Coinbase alone since Robinhood declared on Monday that it has launched Ethereum classic (ETC) on its trading platform.

The US based platform has extended to California, Massachusetts, Missouri, and Montana, and at the moment, it has gained entry into 19 states including Georgia and Iowa.

Coinbase And Crypto Society

Coinbase has a great influence on the cryptocurrency society. The exchange, once it announces it is adding a coin, or there is rumour it is adding a particular coin, the price of the coin will skyrocket.

cinerama

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Share
Published by
cinerama
Tags: crypto exchange iot

Recent Posts

  • Bitcoin Business

Jimmy Nguyen talks Bitcoin SV and how it’s changing the commerce world

Jimmy Nguyen , the president of the Bitcoin Association, traveled recently to Colombia in order to spread the word on… Read More

1 hour ago
  • Bitcoin Business

Alleged Silk Road Drug Dealer Arrested For Using Bitcoin For Money Laundering

Silk Road , a dark web drug market founded by Ross Ulbricht under the pseudonymous nickname “Dread Pirate Roberts” has… Read More

1 hour ago
  • Bitcoin Business

The first new decentralized fair payment system for masternodes

Overview of the new Decentralized Fair Payment System (dFPS) Masternodes are typically a node that can be ran on certain… Read More

1 hour ago
  • Bitcoin Business

Bitcoin Hyper Launches the World’s Fastest Bitcoin, a Cryptocurrency for Real World Use

SLIEMA, Malta, July 23, 2019 /PRNewswire/ -- Bitcoin Hyper ("BHY"), an innovative new cryptocurrency that provides consumers with the ability… Read More

1 hour ago
  • Bitcoin Business

Trader Predicts Ripple to Dump by 60% Against Bitcoin Before It Moons

Ripple (XRP/BTC) is down 66% YTD. An analyst on Twitter predicts that it will fall further before launching a massive… Read More

1 hour ago
  • Bitcoin Business

Pantera CEO: $42,000 Bitcoin Price By The End Of 2019 ‘A Good Shot’

A historical Bitcoin price chart on a logarithmic scale. In a recent episode of her Unchained podcast , Laura Shin… Read More

1 hour ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More