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Ethereum Classic (ETC)
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What is Ethereum Classic?
Recent Ethereum Classic Stories by Messari
✅ Ethereum Classic now live on Coinbase
Crypto exchange Coinbase officially added Ethereum Classic ($ETC) to its platform on Thursday night giving all customers on the platform have the ability to buy, sell, store, and send the cryptocurrency. The addition of Ethereum Classic was previously announced as part of a larger initiative to add more assets to the exchange.
✂️ Coinbase cuts crypto index management fee in half
Coinbase announced a fee reduction for its index product from two percent of assets under management down to one percent. The move is meant to entice investors that are typically used to lower cost investment products with some equity index products charging near-zero fees. Along with the announcement, Coinbase rebalanced the portfolio to include Ethereum Classic ($ETC) while reiterating plans to explore adding Cardano ($ADA), Basic Attention Token ($BAT), Stellar Lumens ($XLM), ZCash ($ZEC), and 0x ($ZRX). In order to access the product investors must put down a minimum of $250,000 and can invest up to $20 million making it a decidedly institutional focused product.
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Ethereum Classic & Related News
Ethereum Classic Historical Price Lookup
Check the price of Ethereum Classic on:
Ethereum Classic ROI
Ethereum Classic Supply Snapshot
Y2050 supply (est.)
% Y2050 Issued
Ongoing emission type
Not long after the fork with Ethereum, the ETC community prioritized a well-defined monetary policy. This was formalized1 in early 2017, with the key feature being a guaranteed cap of 230,000,000 ETC. This is to be achieved by reducing block rewards by 20% every 5,000,000 blocks, starting at block 5,000,000. The Ethereum Classic community is also committed to retaining Proof-of-Work consensus.
This is a number ranging from -1 to 1, which represents the degree to which movements in the two assets are historically correlated. Specifically, OCFX is calculating the Pearson Coefficient over the daily returns of the two assets. This is calculated over the time-range the chart is set to, and will be re-calculated if the chart's time-range is changed.
A negative number indicates that if asset A moves in one direction, asset B has historically most likely moved in the opposite direction. Similarly, positive values indicate prevelance of same-direction moves.
The Bletchley 10 is composed of 10 of the largest cryptoassets, weighted by marketcap. As such, it tends to track the 'large-caps'.
The Bletchley 20 is composed of 20 medium-capitalization cryptoassets.
The Bletchley 40 is composed of 40 small-capitalization cryptoassets.
Together, these indexes give good at-a-glance understanding of how large-caps are performing relative to medium/small-caps over the past 24 hours.
For further detail on Bletchley index construction, asset eligibility, rebalancing, and weightings, see the Bletchley Indexes methodology detail page.