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As the crypto market trended to the downside, Ethereum Classic (ETC) took advantage. The original Ethereum blockchain records double-digit profits across multiple timeframes and seems on track for future appreciation.
Altcoins led the market today, Ethereum Classic and Quant, in particular, to pull the total market cap up to $975 billion.
Despite most cryptocurrency markets being red, Ethereum Classic rockets 14% in 24 hours.
The Ethereum Classic network is getting hot today as Ethereum leader Vitalik Buterin concedes that ETC has its uses.
Bitcoin price started a recovery wave above $21,250, Ethereum's ether climbed over 7%, and ETC rallied over 15% to surpass $27.
The majority of cryptocurrencies have traded positively in the last 24 hours, with some digital assets recording solid gains, being
Ethereum Classic (ETC) price has skyrocketed over 90% after the Merge date announcement, with the price almost doubling from $14 to $28. The rally comes after fresh support from the largest mining pool AntPool and rising sentiments over Ethereum miners' migration to Ethereum Classic.
"PoW migration" from Ethereum might help some coins like Ethereum Classic massively
Ethereum Classic surges by double digits after a recent $10 million backing by Antpool and the positive comments made by Vitalik Buterin so let's read more today in our Ethereum Classic news. Ethereum Classic is a non-forked version of Ethereum and it is enjoying a rally today.
As the anticipated Ethereum Merge upgrade nears, the CEO of one of the largest cryptocurrency mining pools has told the
ETC's ongoing price rebound looks eerily similar to a bull trap event from 2021.
Ethereum Classic has shown some nice performances today moving by about 10% of its worth upwards.
Ethereum Classic is up 14% following crypto miner Antpool's $10 million investment and Vitalik's supportive comments.
AntPool, the third largest Bitcoin (CRYPTO: BTC) mining pool, has invested $10 million in the Ethereum Classic (CRYPTO: ETC) ecosystem. What Happened: According to a report from CoinDesk, AntPool CEO Lv Lei confirmed the investment at the Bitmain World Digital Mining Summit on Tuesday.
Bitcoin price extended losses below the USD 21,000 level but managed to stay above USD 20,500 and recovered above USD 21,000 again. It is currently (03:50 UTC) trading near USD 21,070 and is almost unchanged in a day and down 10% in a week.
The mining pool is throwing its weight behind the Ethereum-offshoot alternative that will continue to mine using proof-of-work.
A widely followed crypto analyst says Ethereum Classic (ETC) could surge on the upcoming Ethereum (ETH) merge, when the second largest digital asset by market cap aims to switch to a proof-of-stake mechanism. Pseudonymous Coin Bureau host Guy tells his 2.
Ethereum's Vitalik Buterin has suggested that the Ethereum Classic community will definitely welcome proof-of-work fans after the Merge. He points out that Ethereum Classic is ‘totally fine chain.
Coinspeaker Vitalik Buterin Considers Ethereum Classic as ‘Totally Fine Chain' for PoW-inclined Miners
Bullish Ethereum Classic price predictions will get confirmation if the price action breaks the $28.50 barrier.
Vitalik Buterin shared his outlook for the long-term future of the Ethereum Network. Buterin believes the network will be 55% complete by the end of the Merge.
Creator of Ethereum blockchain says there is nothing wrong with using POW version of Ethereum
In the coming months, Ethereum core developers will begin the final phase of the blockchain's transition from proof-of-work (PoW) to proof-of-stake (PoW) consensus mechanism. This sets the second-largest blockchain on a new version, Ethereum 2.0 (Serenity), which is considered more scalable and sustainable than the previous version.
Ethereum Classic [ETC] just concluded its most bullish week in the last three months. It managed to pull off a 120% rally from $12.47, its lowest price point during the 2022 bear market.
