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The crypto exchange plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users' existing addresses.
Ethereum Classic whales are back, but momentum is off to a slow start Ethereum Classic [ETC] briefly joined the list of the market's top gainers in the last 24 hours. Many altcoins have found favor with the bulls this week, with quite a few enjoying a bit of an upside too.
At the same time, bitcoin trades sideways, while ETH has reclaimed $1,200.
Ethereum Classic (ETC) is currently trading at $19.65, an increase from its previous price. The crypto, presently ranked at number 23 on CoinMarketCap, shows signs of life.
The global crypto market has seen no improvement in value over the last day. The performance of Bitcoin, Binance Coin, and others continues to show losses.
Ethereum Classic (CRYPTO: ETC) was sliding about 3% lower during Wednesday's 24-hour trading session amid cascading fears stemming from the FTX fallout. The lending division of crypto investment bank Genesis Global Trading temporarily halted redemptions and the initiation of new loans Wednesday due to “extreme market dislocation and loss of industry confidence caused by the FTX implosion," DCG vice president Amanda Cowie said.
3, but this bounce was short-lived USDT Dominance (Tether Dominance) rose to 8.53%, the highest value it reached since mid-June.
Antpool converted $5 million worth of USDT to ETC Metrics gave hopes to investors, but the market indicators suggested otherwise Ethereum Classic [ETC], which came into the spotlight a few months ago thanks to the Ethereum Merge, made headlines once again because of several developments in its ecosystem.
Bitcoin Cash (CRYPTO: BCH), Ethereum Classic (CRYPTO: ETC), Litecoin (CRYPTO: LTC), Polygon (CRYPTO: MATIC), Shiba Inu (CRYPTO: SHIB) and Solana (CRYPTO: SOL) all spiked higher on heavy volume during U.S. pre-market trading and are trading around session highs Thursday afternoon. Several cryptocurrencies are trading higher in sympathy with major U.S. indices following key U.S.
Similarly to Bitcoin and other altcoins, ETC (Ethereum Classic) has been severely impacted by the FTX liquidity crisis. CoinGecko data show that the historical performance of the coin on the daily, weekly, biweekly, and monthly time frames is not promising for the ETH fork.
Bitcoin Cash (CRYPTO: BCH), Ethereum Classic (CRYPTO: ETC), Litecoin (CRYPTO: LTC) and Solana (CRYPTO: SOL) are all falling sharply Wednesday afternoon. Shares of several altcoins are trading lower during Wednesday's session following a CoinDesk report suggesting Binance is leaning toward scrapping the FTX acquisition.
Ethereum Classic (CRYPTO: ETC) is trading sharply lower by 14.03% to $21.49 Tuesday afternoon amid concerns over the financial condition of cryptocurrency exchange FTX. What Happened?
Ethereum Classic [ETC] witnessed a death cross on its EMAs, can the buyers stop the bleeding? The altcoin saw an uptrend in its social volumes while the long/short ratio affirmed a bearish edge.
Ethereum Classic [ETC] broke out from its long-term falling wedge to depict an ease in selling pressure over the past week. However, the altcoin's Open Interest in the last 24 hours across all the exchanges highlighted an edge for sellers.
ETC's price shows strength as it bounces from a downtrend range with high volume, aiming for a rally to $30. ETC faces a major test to trend higher above $30 after the price broke out of its descending triangle price movement.
3 A gap in the charts, if filled, could present a buying opportunity Ethereum Classic [ETC] has laboured underneath the yoke of the bears since mid-September
Is today's surge in these two high-profile cryptocurrencies sustainable?
Ethereum Classic (CRYPTO: ETC) is trading higher by some 12.29% to $29.47 during Tuesday afternoon. Shares of several altcoins are trading higher in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH) and U.S. equities.
Charles Hoskinson has shared his feelings on the recently suspended Ethereum Classic Twitter account. He Says ETC could lose about 670,000 followers.
The price of Ethereum Classic [ETC] increased by 6.71% despite Charles Hoskinson throwing tantrums over the coin's Twitter account suspension. The controversial Cardano [ADA] founder tweeted his observation of the suspension.
The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.
Things are not going well with Ethereum Classic as the coin's community struggles to regain a suspended twitter account. At the center of the issue is one Charles Hoskinson, who happens to be the founder of Cardano.
Ethereum Classic project Twitter account mired in controversy
At least four weeks have passed since the Ethereum Classic [ETC] hash rate peaked after Ethereum's merge. It has pulled back significantly since then and a look at its current hash rate reveals some interesting observations.
