Ethereum Classic is currently on bearish momentum by 10.27% in the last 24 hours. At 19:52 EST on Saturday, 3 April, Ethereum Classic is at $13.64.
Social Status
Currently, Ethereum Classic has 316224 Twitter followers and 32250 Reddit subscribers.
Crypto Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Ethereum Classic’s crypto is considered to be oversold (<=20).
News about Bitcoin
According to CNBC on Wednesday, 31 March, “Some crypto funds, such as the Galaxy Bitcoin Fund,can only be sold or bought once per quarter, she said.”
Goldman close to offering Bitcoin to wealth management clients. According to Bloomberg Quint on Wednesday, 31 March, “Three years ago, Goldman hired a crypto trader to help lead digital-asset markets, with a goal of familiarizing people in the company as well as clients with cryptocurrencies, but the firm has more recently played down the idea of Bitcoin as an asset class.”, “While Bitcoin is now more than 11 years old, there are very few things it can actually buy, and volatility is a major risk. “
Investview (âinvuâ) reports new record $3.1 million month in Bitcoin mining revenue & completed its strategic technology migration project providing significant improvement to gross margins. According to Business Insider on Thursday, 1 April, “Investview, Inc. is a diversified financial technology and global distributor organization that operates through its subsidiaries to provide financial education tools, content, research, and management of digital asset technology that mines cryptocurrencies, with a focus on Bitcoin mining and the generation of digital assets. “
Bitcoin volatility decline paves way for banks, JPMorgan says. According to Bloomberg Quint on Thursday, 1 April, “Some of the attention on Bitcoin over the past two quarters has come at the expense of gold, JPMorgan’s strategists said, citing $7 billion of inflows into Bitcoin funds and $20 billion of outflows from exchange-traded funds tracking the precious metal.”, “These correlations have shifted lower in recent months, “making Bitcoin a more attractive option for multi-asset portfolios for diversification point of view and less vulnerable to any further appreciation in the dollar,” they wrote.”
According to Business Insider on Saturday, 3 April, “For a short period of time, KFC Canada accepted the cryptocurrency as payment for products such as the Bitcoin Bucket, via a partnership with BitPay, per Yahoo Finance.”