Tag: etcusd

Sep 17 2022

Ethereum Classic’s Hashrate Surged By 280% Following Merge

As per the stats of Thursday, Ethereum Classic's hashrate, a measure to calculate the total power being used for mining, has skyrocketed by 280% in a day following the Ethereum merge. ETC's terahash per second (Th/s) boomed from 64 Th/s to 183 Th/s as per the industry estimates. This indicator points out that miners who closed their shop on the ETH network have...

Sep 14 2022

Ethereum Miners Increasingly Choose Classic As Merge Approaches

Sep 14 2022 Published at Bitcoinist.com under tags  etc etcusd etcusdt eth ethereum

The Ethereum Merge is scheduled to go live in less than a day, which would move the network completely from a proof of work mechanism to a proof of stake mechanism. This essentially puts Ethereum miners out of business, meaning they have to find somewhere else to move their mining machines to. Like always, Ethereum Classic has been there to pick up the...

Jul 29 2022

50% Rally Sees Ethereum Classic Becomes 19th Largest Cryptocurrency

Jul 29 2022 Published at Bitcoinist.com under tags  altcoins etc etc price etc trending etcusd

Ethereum Classic has put on a show for the crypto market in the last two weeks. The rallies which have seen Bitcoin and Ethereum hit one-month highs have propelled the altcoin to some of the largest gains recorded in the market. After rallying almost 100% in the previous week, another massive rally has made Ethereum Classic a top contender for the largest cryptocurrencies...

Dec 07 2021

Oct 14 2021

Breaking: Vladimir Putin Says Cryptocurrencies Can Become Legitimate Payment Currency

Oct 14 2021 Published at Coingape under tags  bitcoin news btcbrl btcbusd btcdai btceur

Vladimir Putin, the President of Russia seems to be in favor of cryptocurrencies and their use in the payment sector. In a recent interview with CNBC, Putin said crypto-assets “has the right to exist and can be used as a means of payment,” Russian President's pro-crypto stance came as a surprise to many given Russian The post Breaking: Vladimir Putin Says Cryptocurrencies Can...

Sep 10 2021

Breaking: Grayscale’s Three Independent Crypto Trusts Become SEC Reporting Companies

Grayscale, the world's largest crypto asset manager made another compliance breakthrough as three of its independent crypto trust namely Litecoin Trust ($LTCG), Bitcoin Cash Trust ($BCHG), and Ethereum Classic Trust ($ETCG) became SEC reporting companies. Earlier, this year, the asset managers Digital Large Cap Fund ($GDLC) also became an SEC reporting company. The recent induction The post Breaking: Grayscale's Three Independent Crypto Trusts...

Aug 12 2021

Circle CEO claims traditional banks will soon indulge in stablecoins

Aug 12 2021 Published at Coingape under tags  circle stablecoin etcbtc etceth etcusd etcusdt

Circle Pay, one of the largest digital currency company’s CEO, Jeremy Allaire commented on the efficiency of stablecoins and its bright future in the US banking system. He compared the stability and low risk offered by the stablecoin market to that of the traditional banking system. "Stablecoins are becoming so big that they are going The post Circle CEO claims traditional banks will...

Jul 20 2021

$540 million ‘rekt’ as top cryptos plunge overnight. Here’s the aftermath

Jul 20 2021 Published at CryptoSlate under tags  analysis btcusd dogeusd etcusd ethusd

Bitcoin dropped to under $30,000 last night and sparked a selling frenzy in the crypto market—one that led to half a billion dollars in liquidations, $285 million of that in BTC alone. As per data from analytics app Bybt, over 113,956 traders were...

May 09 2021

Ethereum Classic (ETC) Price Analysis: ETC Explodes To ATH But Weakness is Showing

May 09 2021 Published at Coingape under tags  altcoin news etcbtc etceth etcusd etcusdt

Ethereum Classic has finally awoken from a 3 year slumber rising to a high of $180. The sudden price rise has thrown Ethereum investors through a loop as price nearly rose 2000% since the start of 2021. This price...

May 08 2021

Why are ‘dino coins’ like Ethereum Classic and NEO pumping?

May 08 2021 Published at CryptoSlate under tags  altcoins analysis edge etcusd neousd

"Altcoin season" is back. At least if you consider what cryptos have been pumping the past days in our little part of the world. Crypto pump season Data from CryptoSlate shows Ethereum Classic—the original Ethereum prior to The DAO hack—has pumped over 300% in the past few days and 600% in the past month. Take the needle back to a year ago,...

Nov 23 2020

Ethereum Classic All Set for The Thanos Hardfork Upgrade on November 29

Nov 23 2020 Published at Coingape under tags  altcoin news dai-etc etcbtc etc defi etceth

The ETC Core developer team at the Ethereum Classic Labs recently announced the new Ethereum Classic network upgrade with the upcoming "Thanos" hard fork on November 29. The decision arrived after a...

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