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  • Coinbase Wallet will enable users to send and receive Ethereum Classic over the coming days.
  • ETC/USD bears continue to press $4 to the downside, buyers are defending for now.  

Coinbase Wallet, which is facilitated by the largest U.S. cryptocurrency exchange, Coinbase, have announced their support of Ethereum Classic (ETH). This has been reported via the company’s official blog today.

The blog detailed that the Coinbase wallet app will have updated over the coming days. User will then be able to see that populate within their view. Which will facilitate the sending and receiving of Ethereum Classic to and from their respective addresses.

Ethereum Classic was a hard fork which had taken place back in 2016. This took place due to the non alightned views on the response to the DAO hack that occurred on the Ethereum (ETH) blockchain. Ethereum Classic is the 17th largest cryptocurrency by market cap, currently at $454 million.

 

ETC/USD daily chart

  • Bears are testing the phycholofical $4 mark to the downside, a breach could see a free-fall.