Ethereum Classic Pumps 38%, The Merge Underpins Crypto Coins
Ethereum Classic extended its winning streak and bid well at around $26.00.
Keep up with what's happening in the crypto world in real-time.
Ethereum Classic extended its winning streak and bid well at around $26.00.
The bear market has upset many people. Yet, this post is all about the top 5 cryptocurrencies that have earned excellently in the last seven days.
Ethereum Classic is among the few altcoins in the green on a daily scale, while bitcoin stands still just under $23,000.
Unlike Ethereum Classic, Bitcoin Gold might not have a fundamental driver to explain its move up.
Ethereum's transition to proof-of-stake could be a boon for the price of Ethereum Classic.
Be[In]Crypto takes a look at the five cryptocurrencies that increase the most last week, more specifically from July 15 to 22. The post Ethereum Classic (ETC) Doubles in Price in Only Five Days – Biggest Weekly Gainers appeared first on BeInCrypto.
The cryptocurrency market has consolidated its gains in the pace week, even in the face of Tesla selloff news.
The crypto market cap lost more than $16 billion yesterday but mainly remained unmoved, with altcoins balancing the rallies and dips.
Ethereum Classic [ETC] witnessed exponential gains after bouncing from its long-term support near the $13-mark. The buying efforts saw a substantial uptick after the alt finally jumped above the $16-zone last week.
Ethereum [ETH] has shown significant movement in the past week and has shot above $1,550 as of 19 July. However, ETH doesn't seem to be the only benefactor from the latest Merge update.
As Ethereum moves toward a proof-of-stake existence, Ethereum Classic is getting outsize attention from both crypto miners and investors.
Ethereum Classic (ETC) has followed the lead of its larger counterparts and posted some tremendous gains in the last couple of weeks. The token, which is an offshoot of the second-largest cryptocurrency, Ethereum, has been suffering due to the bear trend that has been plaguing the market.
Ethereum classic (ETC), that was created after a hard fork of the original Ethereum (ETH) blockchain in 2016, is again rallying in the market and has now outperformed ETH on a year-to-date basis. However, history shows that ETC rallies rarely last.
Fantom (FTM) Price Analysis Fantom price with the recent price action appears to have recovered most of its loss incurred after the May 2022 crash. The asset since the previous trading surged exceptionally high, slicing through the 200-day MA levels at $0.2.
Ethereum (ETH/USD) is making the switch from the Proof-of-Work (PoW) consensus model to the Proof-of-Stake (PoS) consensus model, which means that the cryptocurrencies will no longer require powerful hardware to be mined.
Ethereum Classic (CRYPTO: ETC) has soared nearly 80% over the last seven days, while on an intraday basis, the coin has shot up nearly 20.5 to $25.60%. The inheritor of Ethereum's original blockchain moved alongside with the global crypto market cap that increased 4.7% at press time to $1.02 trillion.
Ethereum Classic price could witness an explosive rally, with 55% gains crossing the $32 level. Once Ethereum transitions from proof-of-work to proof-of-stake, the Ethereum Classic network could witness a mass migration of miners from ETH.
Ethereum Classic [ETC] registered radical gains after rebounding from its 15-month support near the $13.6-mark. The recent buying spree positioned the altcoin above the 50% Fibonacci resistance.
How could the Ethereum Classic price continue in the near future? Can you still buy ETC at current prices and make a profit?
In the wake of the recovering market today, these two altcoins rose to be leaders of the broader market rally as the total cap neared $1 trillion.
Besides receiving a boost from the general cryptocurrency market rally, Ethereum Classic (ETC) is recording significant gains partly powered by.
Ethereum Classic (ETC) is the inheritor of the original Ethereum blockchain. The cryptocurrency came into being after a contentious hard fork dating back to July 2016.
Ethereum Classic price has gone parabolic in the past few days as investors buy the dip. The ETC token rose to a high of $21.68
Ethereum Classic's [ETC] bulls have regained control ever since it bottomed out in mid-June. Their presence has been particularly felt in the last seven days during which ETC's price action delivered a strong uptick.