Ethereum Classic (etc-usd) Cryptocurrency is currently on bullish momentum by 15.03% in the last 6 hours. At 05:50 EST on Friday, 14 May, Ethereum Classic (etc-usd) is at $101.58.
Currently, Ethereum Classic (etc-usd) has 398325 Twitter followers and 53707 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 overbought (>=80).
News about Bitcoin
Cboe files to list fidelity Bitcoin ETF amid regulatory test. According to Bloomberg Quint on Tuesday, 11 May, "Cboe Global Markets Inc. is seeking to list a Fidelity Bitcoin exchange-traded fund in the U.S. despite the prospect of an icy regulatory reception.", "Cboe proposed Monday in a filing with the U.S. Securities and Exchange Commission to list Fidelity’s Wise Origin Bitcoin Trust, saying concerns about potential manipulation of a Bitcoin exchange-traded product have been "sufficiently mitigated."
SEC warns of Bitcoin futures risks in mutual fund investments. According to Bloomberg Quint on Tuesday, 11 May, "On Tuesday, the SEC said it would "consider whether, in light of the experience of mutual funds investing in the Bitcoin futures market, the Bitcoin futures market could accommodate ETFs." The agency also said staff would:", "His early comments have thrown cold water on speculation that the SEC would quickly approve a Bitcoin exchange-traded fund. "
Crypto fund pantera says Bitcoin energy concern to impact market. According to Bloomberg Quint on Thursday, 13 May, "The head of crypto hedge fund Pantera Capital Management is still bullish on Bitcoin even if some of Elon Musk’s concerns about the token’s energy footprint are valid.", "There’s a point to think about how renewable the resources are that are used to process transactions on the Bitcoin brand blockchain, but it’s important to remember Bitcoin is only one of the many blockchains," he said."
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