RATE Group | Ethereum Classic (ETC) announces new partnerships, ETC/USD gains 7%
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Ethereum Classic (ETC) announces new partnerships, ETC/USD gains 7%

10 Oct Ethereum Classic (ETC) announces new partnerships, ETC/USD gains 7%

Posted at 07:49h in Ethereum News by

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Ethereum Classic, now the 20th largest digital asset with the current market value of $560 million, has gained over 7% in recent 24 hours to become the best-performing coin out top-20. An average daily trading volume jumped to $650 million, demonstrating strong trading activity. ETC is most actively traded against BTC at a cryptocurrency exchange Coineal focuses on Asian region with branches in China, Japan, Korea, Vietnam among others. 

What’s going on

At Devcon, ETC Labs announced a new partnership with gitcoin,  SWARM and bloqinc to improve collaboration between ETC and ETH communities. 

“ETCLabs is committed to greater collaboration between the Ethereum Classic and Ethereum communities. ETH and ETC share history, DNA, values, and increasingly, technical functionality. While ETC will remain as a Proof of Work (PoW) chain, there are ample opportunities to work together,” the company said in the press-release.

The company confirmed its…

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