Bitcoin bulls are looking for BTC to rebound off a support zone, and if confirmed, ETC, LUNA, KLAY and AXS could push higher.
Ethereum Classic News
Ethereum Classic is a blockchain-based smart contract platform for powering decentralized applications, or DApps.
This blockchain and its native cryptocurrency, ETC, are the result of a split in the Ethereum network following the infamous DAO hack of July 2016, in which an attacker compromised 3.6 million Ether (ETH) — one of the largest hacks in history — creating a rift in the Ethereum community on how to respond: accept the hack had happened and fully commit to the ethos of censorship-resistance and immutability, or gauge community sentiment informally and save the funds through a hard fork. Supporters of the first option maintained the legacy chain and transaction record after the fork, resulting in Ethereum Classic.
While the network is cross-compatible with Ethereum applications, with shared architecture and programming language support, the network later adapted a completely new monetary policy and design roadmap from its progenitor. In March 2017, Ethereum Classic adopted a fixed supply cap and ETC issuance rate more similar to Bitcoin than Ethereum. The network has also committed to proof-of-work consensus in contrast to Ethereum’s long-planned transition to proof-of-stake.
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A wave of events five years ago formed the reality of the crypto industry, but did we really make proper conclusions?
10654Bitcoin and Ethereum were the center of attention in Q1 but data shows DOGE, ETC and MATIC were the top performers of Q2.
51530The gains also appear amid an overall crypto market recovery following Bitcoin’s sharp rebound from $30,000 support.
58627Ethereum Classic gets a major upgrade in July. Here’s how it will save users on gas fees.
75263Elon Musk doesn't have a monopoly on Twitter chatter, as these five cryptocurrency flavors-of-the-month proved in May.
89846Trading volume in crypto markets can be a key indicator of price volatility — but is there a direct correlation that traders can use to help inform their investment decisions?
24185The "original" Ethereum, despite its security issues, beats ETH as it ascends to USD levels never seen before.
80198EOS, LTC, ETC and ETH are just a few of the altcoins that chased after new multi-year highs as layer-1 projects saw an increase in trading volume.
50259Sit on those paper hands until they turn into diamonds.
19522Experts say DOGE traders rotating profits into Robinhood-listed altcoins could be behind the rally in LTC, BCH and ETC.
34037Ethereum Classic has almost matched Dogecoin’s massive pump in the last seven days.
67896Dogecoin rally sparks speculation about the arrival of alt season as Ether celebrates its eighth-straight day reaching a new high.
39790SOL, HT, ETC and AAVE are pushing toward new highs, while Bitcoin trades within a tightening range.
65276Following Dogecoin’s lead, Ethereum Classic rallied to a new all-time high and Bitcoin Cash doubled as altcoin forks have started to gain traction.
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