In the midst of the slow movement with which the cryptocurrencies market has started this week, the Ethereum Classic (ETC) stands out with a rise of around 6% after the announcement of its adoption by Robinhood crypto trading platform. At the moment of this writing, ETC outperforms Tron (TRX) and Monero (XMR) regarding market cap and trades at $19, surging by more than 11% in the last 24 hours.
Bitcoin (BTC), the main crypto of the market, is quoted at $7,131, with a gain in its price of 2.21% in the last 24 hours. On the other hand, IOTA’s crypto is the one that has registered the most significant fall within the top cryptos, with a 9% drop, positioning its price at $0.80.
The movements of the Ethereum Classic (ETC) in the last days, whose value at the time of writing is 19 dollars (+11%), are noteworthy. These movements are due in large part to the incorporation of this cryptocurrency into the Robinhood crypto trading platform, but also to the Coinbase listing scheduled for today.
Ethereum Classic (ETC) to be listed on Robinhood and Coinbase
Robinhood crypto trading platform is an application that allows free trading in the US stock market. It does not charge commission on transactions and will enable clients to invest in small amounts. At the beginning of this year, the company announced the incorporation of cryptocurrencies so that users could follow the quotes in real time and invest in some of them.
The Robinhood crypto exchange supports Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), and Dogecoin (DOGE). Also, you can follow the quotation of a total of 10 cryptos. Currently, the Robinhood application is available in 19 states in the US and is expected to continue to expand its range in the coming months.
It was recently announced that the Ethereum Classic (ETC) cryptocurrency will be listed today on the Coinbase platform, which also represented a boost in the crypto’s price within the market, as after the event became known, the ETC increased by 10.51% in 24 hours. The news led to its trading at levels not reached since early July, so investors are optimistic about Ethereum Classic (ETC) performance.
Ian Kennedy is the newest contributor to Crypto Daily Gazette. He enjoys running, practicing minimalism and cooking. Ian is a graduate of Wesleyan University in Connecticut where he studied journalism, Arabic and international affairs. Ian mostly covers stories concerning emerging blockchain technology.