RATE Group | Ethereum Classic ETC Sees Positive News; Could See Price Rebound
41671
wp-singular,post-template-default,single,single-post,postid-41671,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Ethereum Classic ETC Sees Positive News; Could See Price Rebound

09 Sep Ethereum Classic ETC Sees Positive News; Could See Price Rebound

Posted at 03:18h in Ethereum News by

[ad_1]

Strong interest from financial firms saw ETC experience a +10% gain last week. This is surprising given that cynics doubted it would survive after its infamous hardfork.

Until the recent crypto sell-off, altcoins had a week of gains. ETC led many of the top 20 coins in price increases. Why? It saw a series of major announcements from large financial institutions.

Still, skeptics will say ETC has been subject to pumps and dumps in the past. But, this doesn’t seem to be the case this time around. It’s secured interest from at least two financial firms just this last month. This promises to expose Ethereum Classic to both consumers and institutional investors.

The first positive news came on August 28th. Kingdom Trust announced they were launching a Lloyds of London insured custody platform. It would cater for a few crypto assets. One of the crypto coins on the list was Ethereum Classic.

Next was Balance, on August 30th. The Canadian company announced that they were launching…

[ad_2]

Source link