05 Oct '17, 11am

#CT_video #Ethereum-Bitcoin 'Hybrid' eBTC Gains 300 Percent on Investor Hype To read about it:

#CT_video #Ethereum-Bitcoin 'Hybrid' eBTC Gains 300 Percent on Investor Hype To read about it:

A new altcoin calling itself “the new ERC20 Bitcoin,” eBTC, has increased in value 335 percent since it launched Monday. The curious concept, which is attempting to become “a tokenized version of Bitcoin on the Ethereum Blockchain,” completed an airdrop to Ethereum (ETH) holders prior to its debut Oct. 1. “There is currently no widely accepted tokenized version of Bitcoin on Ethereum, which is pretty surprising,” developers explain on eBTC’s website . “[...] As eBTC grows, it will display Ethereum's capabilities and strengthen it's (sic) stance among crypto-currencies.” According to data from Coinmarketcap , eBTC launched with a value of around $0.03 per token, but as of press time had increased to $0.20 as exchange EtherDelta became involved in trading it. The uptick is reminiscent of an increasing number of altcoin assets which have ridden a wave of speculative interest ...

Full article: https://cointelegraph.com/news/nailed-it-ethereum-bitcoin...

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