Connect with us


Coinbase Support of Ethereum Classic Takes Effect.



Important Ethereum Classic Cryptocurrency News

Coinbase Support of Ethereum Classic Takes Effect

Coinbase has added Ethereum Classic as one of the coins it supports.  Although the support was announced in July, the company took time in the implementation following criticism of insider trading it faced after its addition of Bitcoin Cash. The company also announced that it will introduce five more digital currencies soon.

Dan Romero, is the head of Coinbase’s consumer business, said in a blog post “We hear your requests, and are working hard to make more assets available to more customers around the world.

Coinbase has been known to add a coin in a year but the company seems to have changes that policy lately with its recent announcement that it plans the addition of coins such as ADA, BAT and ZRX. Coinbase Custody, the institutional arm of the company is eying dozens of coins for possible support.

ETC Price

Ethereum Classic Leaps By 15 Percent As Coinbase Launches

Ethereum Classic experienced a price spike with the launch of the pro trading option by Coinbase. ETC jumped two digits following the anticipated action of the platform trading at $14, 15 percent increase.

The cryptocurrency is the biggest gainer among some of the top 20 coins as a result of the news according to data from Coinmarketcap, although this is not the first time the ETC is experiencing spike due to news associated with Coinbase support.

An earlier announcement spurred a buying frenzy that saw Ethereum Classic rise to $21.25 but the value later plunged to $10 by August 14 falling by 50 percent according to data from Bitfinex.

With the recent increase, Ethereum Classic has gained 36 percent from its last low due to the market slump. Its peculiar circumstance is the result of selloffs as usually happens when investors see appreciation of an undervalued token as an opportunity to make gains.

ETC/USD Price, Saturday August 18th:

Follow TokenTops on Twitter to stay notified about new articles, cryptocurrency news, ICO announcements and price predictions and analysis.

Legal Disclaimer: Please remember that trading, buying or any other type of investing in cryptocurrencies should be consider risky and may lead to the loss of all of the invested money. For further information visit Terms and Conditions section on TokenTops. We do not encourage our readers to any kind of financial decisions. Neither nor its parent companies accept responsibility for any loss, damage, or inconvenience caused as a result of reliance on information published on, or linked to, from We believe that everyone should make their own and in depth research on the particular topic in various sources before making any financial decision and this person should be the only one responsible for the outcome. Our writers do their best to remain unbiased and don’t actively support any project. The research is done with various sources, the predictions are based on own believes, analytical skills, experts and community discussions and is intended to convey general information only.

© 2019 - Doctor Bitcoin. All Rights Reserved.