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Biggest Movers: SHIB Bounces From Key Price Floor, Climbing to 1-Week High
25.8.2022
Shiba inu was trading over 10% higher during Thursday’s session, as the token rallied to a one-week high. Following a week’s worth of consolidation, the meme coin bounced from a key support level, moving closer to a resistance point of $0.00001500. Ethereum classic was also in...
Ethereum Classic (ETC) Heads to Cross $40 As It Records Recovery
25.8.2022
Ethereum Classic blockchain is an exact copy of the more popular Ethereum blockchain, emphasizing smart contracts and providing supporting platforms for decentralized applications. ETC price action has mostly remained trapped in a narrow zone with high volatility since several Proof-of-Work-based...
Bitcoin and Ethereum Start Recovery, ETC and ATOM Rally
25.8.2022
Bitcoin price remained supported above the USD 21,000 zone. BTC started a recovery wave and climbed above the USD 21,500 zone. It is currently (04:00 UTC) showing a few positive signs and might rise towards the USD 22,000 level.
Similarly, most major altcoins are slowly moving higher. ETH was able...
World’s Largest Ethereum Mining Pool to Drop Ether PoW Mining, Ethermine Starts Merge Countdown
21.8.2022
The world’s largest ethereum mining pool, Ethermine, has announced the organization plans to drop proof-of-work (PoW) ethereum mining entirely. Ethermine says that the platform’s miner dashboard will display a countdown and users can continue to mine ether until the countdown reaches...
Ethereum Classic Hashrate Taps an All-Time High, ETC Hashpower Jumped 39% Higher in 4 Days
21.8.2022
On August 20, 2022, Ethereum Classic’s hashrate reached an all-time high at block height 15,776,674 as it tapped 38.37 terahash per second (TH/s). The crypto asset has seen its hashrate surge since Wednesday, August 17, jumping 39.22% higher from 27.56 TH/s to the all-time high (ATH)....
Invest In Uniglo (GLO), Ethereum Classic (ETC), & Cardano (ADA) Now, Reap Benefits In 2023
21.8.2022
To get the best upside for your portfolio in the current bear market, you might want to start thinking a little more about the long-term. Picking a coin that’s going to be worth more tomorrow is difficult. It always was but is arguably even more so right now with huge levels of volatility...
PoW Miners Rake in Profits Mining ETH Until the End, Ethash Networks Expect a Boost, JPMorgan Strategists Say ETC Could Benefit
15.8.2022
In just over a month’s time, The Merge is likely to be implemented on the Ethereum blockchain and the network’s proof-of-work (PoW) miners will be forced to mine another coin. So far, it seems ethereum miners are sticking with the PoW Ethereum chain until the very end as profits have...
Proposed Ethereum PoW Fork Token Loses Half Its Market Value in Less Than 6 Days
14.8.2022
In 32 days, Ethereum is expected to upgrade from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) system after the network used PoW for seven years. While the testnets have implemented the new rules, most people envision a relatively smooth mainnet transition. However, another...
Biggest Movers: ETC Nears 4-Month High, LINK Hits Highest Point Since June
12.8.2022
Ethereum classic was trading close to its highest point since April, as the token rose by nearly 10% on Friday. Despite crypto markets being mostly in the red in today’s session, a handful of tokens managed to climb higher. Chainlink was another one of these tokens, as it hit a two-month...
Ethereum Classic on a Bull Ride; Will ETC Continue Its Rally?
12.8.2022
Ethereum Classic was born as a result of maintaining the original blockchain identity after the hard fork. Since the forked blockchain applied for a new trademark with the original name Ethereum and the token name Ether turned into ETH, Ethereum Classic was forced to take this name to showcase...
3 cryptocurrencies that stand to outperform ETH price thanks to Ethereum's Merge
12.8.2022
It's not just ETH price that stands to benefit from Ethereum's move to proof-of-stake in September
Bitcoin and Ethereum Trim Gains, BTG and ETC Outperform
12.8.2022
Bitcoin price gained pace after it broke the USD 24,200 resistance zone. BTC even climbed above USD 24,500, but it failed to test USD 25,000. It is currently (04:17 UTC) trading near USD 24,000 and is down 1% in a day and up 6% in a week.
Besides, most major altcoins are consolidating gains....
Biggest Movers: AVAX Nears Highest Level Since May, ETC Moves Towards $40
10.8.2022
Avalanche rallied on Wednesday, as the token broke out of a key resistance level on its way towards a multi-month high. Crypto markets mostly rallied as the session progressed, following the release of the latest U.S. inflation numbers. Ethereum classic was one such token, as it moved closer...
Ethereum Co-Founder Vitalik Buterin Downplays Ethereum PoW Fork, Hopes It ‘Doesn’t Lead to People Losing Money’
8.8.2022
Ethereum co-founder Vitalik Buterin recently discussed what he thinks about the recent Ethereum proof-of-work (PoW) fork topic that’s been finding its way into a number of conversations within the crypto community. Buterin remarked at the ETH-Seoul conference over the weekend, that...
A Second Ethereum PoW Chain Idea Gains Traction, Poloniex to List ‘Potential Forked’ Token Markets
6.8.2022
Five days ago, the influential Chinese crypto miner, Chandler Guo, explained that a proof-of-work (PoW) version of Ethereum is “coming soon” as the community prepares for the network’s transition to proof-of-stake (PoS) next month. As usual, the idea of a forked token gets...
Biggest Movers: BNB Hits 2-Month High, ETC Extends Recent Declines
4.8.2022
After extending recent gains, bnb rose to its highest point in two months during today’s trading session. The move comes following tweets from Binance CEO Changpeng Zhao, confirming a new partnership with Swiss watchmaker Franck Muller. Ethereum classic, on the other hand, was lower for...
Bitcoin and Ethereum Hold Support, ETC Accelerates Again
3.8.2022
Bitcoin price traded close to the key USD 22,500 support zone before moving higher again. BTC is currently (04:12 UTC) consolidating near USD 22,900 and is unchanged in a day and up almost 8% in a week.
Similarly, most major altcoins are holding key support levels. ETH stayed above USD 1,550...
Chinese Miner Claims an Ethereum PoW Fork Is ‘Coming Soon,’ Despite ETC’s Existence
2.8.2022
According to Chandler Guo, an influential Chinese bitcoin miner, a proof-of-work (PoW) version of Ethereum is “coming soon.” The news comes as The Merge is expected to be implemented on Ethereum during the week of September 19, and the growing discussions of delaying the highly...
Survey That Asks if The Merge Could Cause an Ethereum Chain Split Sparks PoS Delay Discussions
31.7.2022
While there’s 50 days left until the week of September 19, the crypto community has been discussing whether or not Ethereum developers will delay the penciled-in date for The Merge. Moreover, on July 27, the crypto hedge fund Galois Capital published a survey on Twitter that indicates more...
Ethereum chain split is possible after the Merge, survey finds — but will ETC price keep climbing?
29.7.2022
Ethereum Classic is a relatively smaller PoW chain compared to Ethereum in terms of usage and hash rate