Ethereum Classic climbs 28% in a day adding over $1 billion to its market cap
In the days leading up to the Merge update that will be implemented on the main Ethereum (ETH) blockchain, cryptocurrency investors
Keep up with what's happening in the crypto world in real-time.
In the days leading up to the Merge update that will be implemented on the main Ethereum (ETH) blockchain, cryptocurrency investors
Ethereum Classic is today's most significant gainer with a massive 26% surge. ETH is also well in the green ahead of the Bellatrix upgrade.
It's been a while since the global crypto market cap is positioned below $1 trillion as the major cryptocurrencies have lost their key trading levels. However, though Ethereum's native currency Eth is facing a pullback, the network is gaining huge traction from investors.
Ethereum Classic (CRYPTO: ETC) soared over 26% to $40.65 over 24 hours leading up to early Tuesday morning. Ethereum Classic (ETC) Price Performance Time-frame % Change (+/-) 24-hour 26.2% 24-hour against Bitcoin (CRYPTO: BTC) 23.8% 24-hour against Ethereum (CRYPTO: ETH) 23.4% 7-day 19.9% 30-day 8.8% YTD-performance 14.8% See Also: How To Get Free Crypto The ETC Factors ETC was among the top two gainers on price tracking websites, CoinMarketCap and CoinGecko.The cryptocurrency was also seen trending on both these websites Ethereum Classic, the inheritor of Ethereum's original blockchain post a contentious 2016 hard fork, was seen trending among retail investors on Stocktwits at the time of writing.
Ethereum Merger's first phase is about to kick off very soon with the release of the Bellatrix upgrade which is scheduled shortly. Hence, the entire crypto space is trying to get out of the bearish captivity ahead of the event.
ETC price surged to the highest level since August 18 as investors continued focusing on the upcoming Ethereum merge.
As the Ethereum community braces itself for the upcoming Merge Upgrade, the Ethereum Classic has scored another high point.
ETC price secures a double-digit gain as its hashrate hits a record-high and BTC.com adds a Ethereum Classic mining option to its services.
Ethereum Classic has jumped double-digits amid Merge hype and a new wave of miners joining the network.
The Ethereum Classic price prediction shows that ETC is rising with a gain of 11.
Ethereum Classic's hashrate surpassed the 40 terahash per second (TH/s) region last Wednesday and four days later, the network's hashpower reached an all-time high (ATH) at 48.82 TH/s on September 4.
Ethereum Classic (ETC/USD) remains bullish following its recent uptrend, currently trading 8.3% up on the daily log at highs near $34.70. A look at the CoinGecko price data shows the ETC price has seen a decent return over the past week, with over 11% in gains.
Ethereum Classic has enjoyed yet another boost ahead of the upcoming merge event as the network's hash rate booms.
Ethereum Classic has reached an all-time high hash rate of 47 terahashes per second (TH/s) ahead of Ethereum's big upgrade. The post Ethereum Classic hits all-time high hash rate ahead of The Merge appeared first on The Block.
Ethereum Classic (ETC) is trading inside bullish long- and short-term patterns. Still, technical indicators do not paint a bullish picture.
Ethereum (ETH) continues to record interest from crypto investors in anticipation of the upcoming Merge upgrade.
The entire crypto-community's excitement is increasing as we enter the final stage of the Ethereum Merge, which is scheduled to happen in mid-September. Miners are actively looking for other alternatives to keep their mining operations running as ETH prepares to adopt a more energy-efficient PoS consensus mechanism with the Merge.
Ethereum Classic has been seeing some of the largest growth with the news of the Ethereum Merge. Where other cryptocurrencies were seeing single-digit gains, Ethereum Classic had seen double-digit gains that pushed its price well past the $40 mark at one point.
Are you looking for a token that's getting more and more interest from the wider crypto market as each day goes by? That token could be Uniglo, which is gathering tons of traction while still during pre-sale.
On August 31, 2022, Ethereum Classic's hashrate reached another all-time high (ATH) this year at block height 15,850,811. Ethereum Classic's global hashpower surpassed the 40 terahash per second (TH/s) region on Wednesday.
The focus of the crypto community may now be shifted to the Ethereum [ETH] Merge event as August comes to a close. In the wake of this, a few Proof-of-Work (PoW) cryptocurrencies existing on the Ethereum blockchain have been tipped to profit from the transition.
Ethereum Classic is shaping up to be big winner from upcoming Merge upgrade by attracting abandoned miners
With the Fed's Jerome Powell providing less-than-encouraging news, now may be the time to consider adding cryptos to your watch list.
Antpool, the bitcoin mining pool affiliated with Bitmain, has announced the crypto mining operation will not manage ethereum accounts after The Merge is implemented. The mining pool is asking participating Antpool miners to add their ethereum withdrawal addresses by September 3, in order to receive the accumulated ether collected by Antpool.