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With a hike of over 150% in the past month, it has been a good time for Ethereum Classic (ETC) and its holders. Sharing a statistically significant positive correlation with ETH, ETC's growth can be attributed to Ether's own price rally.
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 increased.
The Ethereum Classic price prediction shows that ETC may cross below the moving averages as the selling pressure increases.
Lido, Ethereum Classic and Optimism rally after an announcement about the Ethereum merge that is set to happen on September 15. The news of the Ethereum merger sparked a surge in a number of alternative cryptocurrencies, including Lido Dao, Optimism, and Ethereum Classic.
If you're looking for big returns on your investment, you can't go wrong with cryptocurrencies. In the past year alone, the top cryptos have seen ROIs of over 1,000%. That's 10 times your money back. And it's not just a one-time event.
A new bull run is on the horizon, and these three coins are your best bet. Uniglo (GLO), Ethereum Classic (ETC), and Internet Computer (ICP) are all set to benefit from the upcoming surge in crypto prices.
Ethereum's third tesnet has launched successfully, instilling the faith among users, traders, investors and analysts that the September merger will proceed smoothly. This upcoming merger will see miners moving towards Ethereum Classic (ETC) which has raised the ETC demand.
Ethereum Classic (CRYPTO: ETC) was trading flat on Friday after a bullish day during Thursday's 24-hour trading session caused the crypto to soar up 8.32%. The crypto has settled into two visible patterns on the daily chart, with the short-term pattern being an inside bar formation and a cup-and-handle possibly forming as the longer-term pattern.
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.
EthereumPoW on Friday responded to an earlier open letter by the ETC Cooperative. EthereumPow says the community, crypto exchanges, miners, and mining machine manufacturers are against the Ethereum Classic (ETC) and favor Ethereum fork.
The older brother of Ethereum (ETH) refuses to be overshadowed.
The entire market took a slight step back in the past 24 hours following a few days of notable price increases.
Ethereum Classic (CRYPTO: ETC) rallied to an intra-day high of $42.29 on Thursday, liquidating $9 million worth of short positions. What Happened: ETC surged 10% over 24 hours, reclaiming a one-month high, according to data from Benzinga Pro.
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.
The upswing in ETC's price coincides with the upswing of ETH.
Over the last month, Ethereum Classic [ETC] witnessed no bounds to its growth that extended from the $13-mark. This buying comeback positioned the altcoin near the upper band of the Bollinger Bands (BB) and reaffirmed the one-sided buying edge.
Ethereum Classic (ETC) Price Prediction – August 11Over a couple of sessions, the Ethereum Classic market has a firm stance to trend higher against the
The crypto market maintained the recovery from yesterday, standing at $1.13 trillion as altcoins like Ethereum Classic led closed in green.
Bitcoin price started a fresh increase above $24,000, Ethereum's ether might climb to $2,000, and ETC could surge to $50.
The popularity of crypto has grown at an incredible rate in recent years, and many big players have entered the space in a bid to witness exponential growth. The retail is not far behind in chasing generational wealth made possible through investing in top-tier tokens like Uniglo, Ethereum Classic, and Mina Protocol.
Ethereum Classic [ETC] bulls are already showing signs of momentum weakness, after dominating especially in the second half of July. The coin after peaking at slightly above $45, retraced below $40.
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 to $40.
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As the discussions related to Ethereum PoW hard fork turn into a heated battle, ETC Cooperative sends an open letter to prominent miner Chandler Guo, the mastermind of the Ethereum PoW hard fork. ETC Cooperative, the organization supporting Ethereum Classic (ETC) project, strongly believes the “Ethereum PoW fork won't work.
