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Internet Computer price takes a ride after major exchange listing – Stocks to Watch
  • Fri. Apr 19th, 2024

Internet Computer price takes a ride after major exchange listing

ByCharles Thuo

Feb 17, 2023
Internet Computer price takes a ride after major exchange listing

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Internet Computer price (ICP/USD) has been rising since yesterday after Poloniex, one of the oldest cryptocurrency exchanges, announced its listing.

According to the announcement by Poloniex, the exchange listed the ICP token on February 16 and the ICP wallets opened at 05:00 UTC, while full trading was enabled at 07:00 UTC. The wallets allow traders to make ICP deposits on the exchange for trading.


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Internet Computer AirGap integration

Besides ICP listing on Poloniex, there is also news about the integration of Internet Computer with AirGap, a software crypto wallet.

In December, DFINITY Foundation, a non-profit organization that contributes to Internet Computer development announced that its mainnet integration with Bitcoin was successful. Bitcoin’s integration of Internet Computer enabled smart contract functionality to the world’s largest cryptocurrency by market capitalization. Internet Computer currently operates as a layer2 for Bitcoin.

Generally, the price of ICP has been on a bullish trajectory for the past month having gained more than 37%.

Today’s ICP’s bullish stance makes it one of the few cryptocurrencies that were green as a majority of cryptocurrencies including Bitcoin (BTC/USD) traded in the red at press time. Bitcoin which is down 3% started declining following the hawkish sentiments from Federal Reserve officials and the aggressive regulatory crackdown targeting various crypto services in the US.

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Image and article originally from invezz.com. Read the original article here.