Genesis Trading Sees Interest in Classic Ether Market
A prominent digital currency trading service reports that investors are expressing an interest in buying into the version of the ethereum blockchain that rejected last week's hard fork. Over-the-counter digital currency trading service Genesis Global Trading is now trading classic ethers (ETC), but reports its volume at less than $100,000 in purchases thus far. Serving institutions and individuals, Genesis sells blocks of the digital currency, as well as alternatives such as bitcoin, with a minimum order size of $25,000. Despite a small number of initial buyers, CEO Michael Moro said he is....
Related News
The digital currency ether classic (ETC) surged more than 30% on 29th December, reaching its highest price in over four months. ETC, the signature token of smart contract-based platform Ethereum Classic, rose to as much as $1.46 during the session, a 31.5% increase from the currency’s opening price of $1.11, CoinMarketCap data reveals. Ethereum itself grew by as much as 13.7% today. Ethereum classic also benefited from a sharp increase in transaction activity, as 24-hour trading volume climbed above $7.6m, after falling below $500,000 at some points over the last week. Several market....
Genesis Digital, a leading cryptocurrency trading, lending, and custody desk, released its Q2 reports, where it confirms what it calls the “emerging role” that Ethereum and defi have in the industry. The report also confirms that institutional interest in crypto is still rising despite the crash in prices the market experienced in Q2 2021. Genesis Confirms Ethereum and Defi Market Rise Genesis, a big cryptocurrency lending and trading desk, has confirmed that emergent currencies like Ethereum and defi tokens have taken a relevant part of the market, according to its Q2 2021....
The price of classic ether (ETC) has plunged over the past week, as the original excitement surrounding the newly created digital currency appears to have worn off with investors. The adjustment would appear to have taken some of the momentum out of the nascent ethereum classic blockchain, which has enjoyed notable price gains and trading volume despite the fact many analysts expected it to die off shortly after its unlikely creation. But those gains came to a halt this week, as ETC plunged 23.47% against ether (ETH) during the seven-day period, and it experienced a 23.16% loss against the....
Two days ago on December 2, the Ross Ulbricht Genesis Collection auction of non-fungible token (NFT) assets kicked off at Art Basel Miami via the Superrare platform. The Ulbricht NFT collection auction ends on December 8, and so far the auction has seen a bid of 666 ether or roughly $2.6 million. Additionally the project Pleasrdao aims to up the ante as the “Free Ross DAO” bidding on the collection has raised 1,042 ether or $4.2 million to date. Ross Ulbricht NFT Auction Eyes Millions in Ether During the third week of November, Bitcoin.com News reported on the Ross Ulbricht....
The former bitcoin trading division at SecondMarket has relaunched as the Digital Currency Group's (DCG) latest subsidiary, Genesis Trading. Advertising itself as the first regulated broker-dealer in the US to specialize in bitcoin, Genesis is the latest development at Barry Silbert's increasingly active organisation. The trading firm offers institutional and private investors a way to buy and sell large blocks of digital currencies such as bitcoin, litecoin and ripple, a specialty its team honed sourcing bitcoins for SecondMarket's private investment vehicle, Bitcoin Investment Trust.....