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Ethereum Classic (ETC) is Moving Up with RADEX, Coinbase and New Listings

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Ethereum Classic
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Ethereum Classic is looking forward to its 3rd birthday that should be marked on July 30th. At the same time, this marks three years since Ethereum had its first fork ever (and the last for now) which came as a result of the well-known failure with DAO, which further resulted in a massive stealth of ETH funds. That is how ETC was created as an offspring of the second-best currency in accordance with the global coin ranking list. However, with the new listings and new blockchain ventures on its agenda, ETC seems to be more than just Ethereum’s fork. Ethereum Classic is finally getting some recognition in the crypto community.

Coinbase Announces Ethereum Classic

To understand the momentum revolving around getting an ICO listed on Coinbase, we just need to reflect on the fact that Ripple, one of the top three currencies in the cryptoverse, is aiming at getting listed on this exchange platform.

Besides from having listed only Ethereum, Bitcoin Cash, Litecoin, and Bitcoin, by far, so Ripple foundation feels like their XRP currency belongs on one of the top exchange platforms in the US.

Although XRP might be eligible to get listed on Coinbase, the team behind one of the biggest exchanges in the world turned their heads elsewhere, announcing that they will be adding Ethereum Classic in the following months.

This is maybe one of the most important events the ETC has become a part of for the past couple of months and further, so it is no wonder that Ethereum Classic got to see a flattering rise in its price the same day the announcement came from the official release on the behalf of Coinbase team.

The marked rise showcased a benevolent addition of 25% of gains against the dollar, which came after the official announcement of Coinbase listing, that way pushing ETC up against all the odds.

Coinbase went forward with announcing this addition to their list of trading currencies to the public even though ETC is still months away, however in their release published back on June 11th, the team stated that the public announcement of the listing makes up for a part of the process they always follow during each new currency they are planning on adding to the list of live trading assets.

In their official release for Medium, Coinbase stated on June 11th that the team is currently at step 4, which means that they are in the middle of the engineering process for adding support for Ethereum Classic, after which the technical support for ETC will come, followed by the official announcement from Coinbase.

The announcement and the launching of ETC on their official live trading list of coins will come as the fifth step in their process of adding new coins to their exchange, after which Ethereum Classic should get an official listing on Coinbase.

Coinbase added that the final date when ETC will become available on their list is still to be announced.

Ethereum Classic Gets More Listings                                           

After having the Coinbase listing announced two weeks ago, Ethereum Classic was brought to attention when ETC got two more listings which were announced several days ago.

On June 22nd, the announcements on having Ethereum Classic listed on CoinBene and Novaexchange went in public on Twitter, which added more momentum to the story of Ethereum Classic getting announced to be listed on Coinbase.

Novaexchange and CoinBene are no Coinbase that is for certain. For example, Novaexchange was brought into question for more than several times during the last year when it was doubted that this exchange was actually a scam.

Since these allegations seem to have not gone further than being false accusations, Novaexchange is still successfully operating, while based in Sweden.

CoinBene, based in Singapore, is another one of the announced listings for June, which might contribute to the overall exposure of ETC in the market.

Ethereum Classic Announces RADEX

RADEX was announced as the first decentralized exchange exclusively designed for Ethereum Classic.

The decentralized exchange dubbed RADEX was entirely manufactured by Saturn Network, with the launching date set the latest for June 24th, while the team ETC released the decentralized platform as previously scheduled.

RADEX will be the first decentralized exchange based for the operations with ERC233 tokens, however, the platform will not only be handling transactions but will also have the needed tools to ensure easy interacting with smart contracts.

The exchange is said to have 0% fees, which contributes to its decentralized nature, while also supporting the expansion of ERC233-based tokens.

Ethereum Classic (ETC) Performance

Ethereum Classic, alongside with over 80% of currencies can be seen progressing in the market while following the latest benevolent market trend.

With the recent change in the market, ETC has seen an amazing set of gains by reaching a bit over 12% against the dollar in the last 24 hours.

After the latest change in its price, ETC can be purchased at the price of 15.80$.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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