Ethereum Classic (ETC) is making numerous waves on the crypto market according to numerous reports. ETC's price predictions range from bullish forecasts of crossing the $50 mark by 2024 to even surpassing $100,000 by end of 2024, and more cautious predictions of a near-term bearish pattern leading to a 10% drop, but the overall outlook seems positive.
ETC Group recently launched spot liquidity bitcoin ETP and DWS Group also launched physical Bitcoin ETC in Germany, showing the increasing adoption of ETC by major players. ETC has also been noted for its growing trading volumes. A notable piece of news is
Bitwise's acquisition of ETC Group, a move that marks Bitwise's entry into the European market. Other notable force in this market, the London-based ETP provider was the issuer of Europe's largest physical Bitcoin ETP prior to the acquisition.
KangaMoon (KANG) and Kelexo (KLXO) are attracting Litecoin (LTC) and Ethereum Classic (ETC) investors, promising high returns. ETC's value has seen a significant jump – over 50% according to some sources – due to various reasons, one of them might be the lift to the cryptocurrency provided by the SEC's approval of a groundbreaking Bitcoin ETF. Lastly, it's worth mentioning that Ethereum Classic saw three consecutive 51% attacks and despite this, it's still attracting crypto miners ahead of a looming merge, showing strong interest in ETC.
ETC Coin News Analytics from Tue, 13 Nov 2018 12:57:05 GMT to Tue, 10 Sep 2024 06:21:51 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 6
