News

Ethereum Classic (ETC) shows upward trends, briefly becomes world’s 10th largest token

On August 4th Coinbase had announced in on their blog that they will be listing Ethereum Classic (ETC) on their exchange soon. The deadline given by CoinBase for the same is 7th August. The news was welcomed by the ETC community and ETC saw its price value increase to $16.61 from its trading at $14.51 the previous day.

Moreover, Robinhood – the commission-free trading exchange based out of US has also started ETC trading. The combined listing of ETC on both CoinBase and Robinhood briefly caused Ethereum Classic to become the 10th most valuable cryptocurrency with a market capitalization of $2.1 Billion and trading amount of $20.34.

Ethereum Classic (ETC) is showing strong upward trend ever since the news of CoinBase listing was announced. The cryptocurrency community believes that ETC will pump around $25-30 before going down.

Key Highlights of ETC listing

  1. ETC got a big boost after Coinbase and Robinhood added the asset to their trade offering.
  2. ETC trading is live on Robinhood currently.
  3. Coinbase is still security testing the ETC chain and expects the trading to go live within 48 hours.
  4. Coinbase Custody, Markets, Pro, Prime, Asset Management, Consumer all will support ETC trading.

Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Ishan Garg

Ishan is a cryptocurrency trader and a journalist. He joined the cryptocurrency space in 2017. He is the founder of Blockmanity. He is a HODLER and is holding BTC, ETH & UGT.

Share
Published by
Ishan Garg

Recent Posts

Bullish Signals for Sui Blockchain: Top SUI meme projects of 2024

Macro guru and Real Vision CEO Raoul Pal shone the spotlight on a rising layer-1…

2 months ago

AI Companions: A New Era of Digital Relationships and Virtual Experiences

As the technology landscape transforms at lightning speed, AI Companions has positioned itself as a…

2 months ago

zkCross Network: Simplifying DeFi Complexity and Achieving Fundraising Success

Did you know that 85% of DeFi value is concentrated in six blockchains?  DeFi is…

2 months ago

Don’t Miss Out: Get $CLP Tokens in the Exclusive RWA IDO Now!

CLAPART - a groundbreaking RWA platform has launched its much-anticipated $CLP token IDO on Gempad…

3 months ago

Step into the Future of Web3 at Blockchain Futuristic Conference 2024, August 13-14

Join us at BFC 2024 to explore the future of Web3. Use a special discount…

4 months ago

WebX Asia 2024: Web3 Innovation Ignites in Tokyo

Catch all the updates with Altcoin Observer, official media partner of WebX Asia 2024. Gear…

4 months ago