Ethereum Classic news-Page 13
Bitcoin Hovers Near 6,600, While Most Top Coins See Little Price Volatility
Friday, Oct. 5: cryptocurrencies are seeing little volatility over the past 24 hours to press time, with the majority of losses and gains of top coins capped within a 1 percent range on the day, as data from Coin360 shows. Market visualization by Coin360 Ripple (XRP) is the only outlier in the top ten coins, down a little over 3 percent on the day to trade at $0.52. The asset – which in September briefly outflanked Ethereum to seal the second spot ranking on CoinMarketCap listings – has had a shaky start to the month, and is currently trading almost …
Bitcoin / Oct. 5, 2018
Crypto Markets See Slight Slump, Ethereum Fails to Hold $300 Support
Saturday, August 18: crypto markets have seen another slump today, with some coins wavering following weekly gains, according to data from Coinmarketcap. Total market cap has dipped as low as $210 billion at press time. Market visualization from Coin360 Bitcoin (BTC) is down 1.79 percent over the past 24 hours, trading at $6,396 at press time. With that, the top cryptocurrency has seen an intraday high of $6,562. The coin has lost around 13 percent over the past 30 days, while holding its weekly gains, according to Coinmarketcap. Bitcoin 30 days price chart. Source: Cointelegraph Bitcoin Price Index Ethereum (ETH) …
Bitcoin Price / Aug. 18, 2018
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, ETC: Price Analysis, August 17
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. The cryptocurrency market capitalization has risen above the $215 billion mark once again. A resilient Bitcoin was the main reason for the pullback. If the leader holds ground, the investors gain confidence and start entering the markets. Crypto hedge fund Pantera Capital is looking to raise $175 million for its third venture fund. …
Bitcoin / Aug. 17, 2018
Bitcoin Holds Above $6,000 While Industry Figures Warn Over ETF ‘Benefits’
Bitcoin (BTC) prices are up around .05 percent on Thursday, August 16, bringing the leading cryptocurrency solidly back over $6,000 after a market fall that had seen BTC dip below that psychological price point on August 14. Market visualization from Coin360 Data from Cointelegraph’s price tracker shows overall 2.5 percent monthly gains for Bitcoin as of press time, despite the latest correction from it’s weekly high of around $6,600, against weekly losses of almost 10 percent. Continuing its trend of short-term volatility, BTC/USD is currently around $6,407, with commentators eager to see if support at $6,000 has solidified. Bitcoin’s 7-day …
Bitcoin / Aug. 16, 2018
Coinbase Index Fund Reduces Annual Fee to ‘Attract Institutional Investors’
Cryptocurrency exchange and wallet service provider Coinbase has announced updates to its Index Fund in a blog post published today, August 13. The U.S.-based platform stated that it will reduce its Index Fund’s annual management fee “for all new and existing investors” from 2 to 1 percent, explaining: “We’re reducing our fee in order to attract investors who are familiar with lower-fee index funds in other asset classes. This will help introduce a new category of institutional investors into the cryptocurrency space.” Today’s announcement also includes news that the Index Fund has been rebalanced to incorporate Ethereum Classic (ETC), following …
United States / Aug. 13, 2018
Can Crypto Exchanges Be Trusted With Hard Forks?
On July 31, a Chinese Bitcoin investor sued local crypto exchange OKCoin for allegedly blocking him from getting his Bitcoin Cash (BCH) after the Bitcoin fork. While the case is new for China, compilations regarding hard forks and exchanges have been amassing since perhaps as early as the DAO incident in 2016. So what happens when you have a coin that is about to be split into two, but you’re holding it on an exchange’s hot wallet? What’s a hard fork? Essentially, a hard fork is a change to the cryptocurrency’s protocol that makes previously invalid blocks/transactions valid — and …
Altcoin / Aug. 9, 2018
Crypto Trading App Robinhood Adds Support for Ethereum Classic
Commission-free crypto trading app Robinhood has listed Ethereum Classic (ETC), according to an official announcement Monday, Aug. 6. Robinhood customers can also invest in Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE), as well as monitor market data for ten other cryptocurrencies. Currently available in 19 states of the U.S., Robinhood crypto trading app was launched in February, 2018, initially listing Bitcoin and Ethereum, and available only in four states. On July 12, Robinhood launched support for Bitcoin Cash and Litecoin, just a few days prior to the introduction of Dogecoin. Robinhood originally intended to operate …
Bitcoin / Aug. 6, 2018
2018 Crypto Investment Report: Institutional Investors Provide 56% of Capital Inflow
The first-ever crypto investment report released July 18 by digital asset management fund Grayscale Investments reveals that the majority of capital inflow this year is coming from institutional investors. Grayscale has been overseeing investments into crypto for five years, launching a Bitcoin (BTC) Investment Trust back in September 2013 and then expanding to other single-asset funds — including Ethereum Classic (ETC), Zcash (ZEC) and Litecoin (LTC) — as well as diversified offerings, notably its Digital Large Cap Fund. According to this week’s report, institutional capital accounted for 56 percent of all new investments into Grayscale products during the first half …
Altcoin / July 19, 2018
Crypto Markets See Mixed Signals But Remain Stable, Bitcoin Pushes $6,700
Crypto markets continue to see mixed signals, but hold recent gains today, July 6, according to data from Coin360. All but one of the top ten coins on CoinMarketCap are seeing only minor fluctuations over the past 24 hours to press time. Market visualization from Coin360 Bitcoin (BTC) is challenging $6,600, trading at $ 6,650 at press time, up just about 1 percent over the 24-hour period. The leading cryptocurrency holding gains made since June 30, solidly trading above the $6,300-6,400 resistance level, which market research firm Fundstrat’s Robert Sluymer says the coin needs to “rally through” to reverse its …
Bitcoin / July 6, 2018
Bloomberg Terminal Lists Crypto Market Index From World’s Third Largest Exchange Huobi
Bloomberg Terminal, a paid financial data monitoring service, will now list crypto exchange Huobi's Cryptocurrency Index, according to a press release shared with Cointelegraph today, June 21. Bloomberg Terminal will also list prices for nine crypto trading pairs, denominated in Tether (USDT), including Bitcoin (BTC), Litecoin (LTC), Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple (XRP), Dash, EOS, and ZCash. The Huobi 10 Index, designed by the Huobi Group, is calculated using asset classification and a weighted average method to track the performance of the top 10 traded digital assets on Huobi’s exchange. The press release notes that Bloomberg Terminal’s addition …
Adoption / June 21, 2018
US: Coinbase Index Fund Opens for Investments between $250k and $20 mln
U.S.-based crypto wallet and exchange Coinbase’s Index Fund is now open for large-scale investors, according to an official blog post published yesterday, June 13. The fund, whose creation was announced in March, is available only to U.S. resident accredited investors – those who have a net worth of more than $1 mln or an annual salary of more than $200,000 – who invest between $250,000 and $20 mln. The index includes Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), as well as Ethereum Classic (ETC), whose addition to Coinbase was announced on June 11. Coinbase’s blog post notes that …
Bitcoin / June 14, 2018
Ethereum Classic Price Jumps 25% Following News of Coinbase Listing
American cryptocurrency exchange Coinbase announced June 11 that they will support Ethereum Classic (ETC) on their platform, after which the price jumped over 25 percent. We are pleased to announce our intention to add support for Ethereum Classic (ETC) on Coinbase in the coming months.https://t.co/bUG4iLUr2J — Coinbase (@coinbase) June 12, 2018 At 01:14 UTC, ETC was trading at $12.89, but an hour later the price had spiked by over 25 percent to $16.15. Ethereum Classic over the 24-hour period from Coinmarketcap Ethereum Classic is the result of a hard fork in 2016, when developers who objected to changes in Ethereum …
Altcoin / June 12, 2018