Famous for his accurate crypto analysis, Crypto Jack recently provided his forecast, based on which Ethereum Classic (ETC) is expected to have a strong rebound soon. In a recent X post, Crypto Jack notes that based on the various market signs, ETC is expected to make a big surge in the near future and attract […]
Ethereum Classic
Ethereum Classic Rally: Trades at 16-Month High
As the market celebrates the approval of spot ETFs, Ethereum Classic [ETC] has emerged as a standout performer, surging beyond $26 for the first time since October 2022. According to data sourced from the analytics platform Santiment, ETC’s trading volume has reached a 16-month high, surpassing $1 billion in a single day, a level not […]
Cardano Founder Labels Ethereum Classic A ‘SCAM’ With No Roadmap, Innovation, Or Vision
The Founder of Cardano (ADA), Charles Hoskinson, recently expressed his views on Twitter, alleging Ethereum Classic (ETC) is engaged in fraudulent activities. According to Hoskinson, ETC lacks any meaningful objective other than facilitating insiders to offload their holdings onto unsuspecting investors. Hoskinson criticized the project for lacking a roadmap, innovation, a competent team, and a […]
Cardano’s Charles Hoskinson- “Ethereum Classic Still Gives Me Sadness”
Cardano founder Charles Hoskinson once again found himself under the target of the Ethereum Classic community member who accused the former of profiting from ETC miners by imposing a 20% miner tax. The ETC advocate brought up Hoskinson’s name during the discussion of the future of the asset. In his response, Hoskinson lamented that he […]
Ethereum Classic Witnesses a Spike in Hash rate
Since June, the hash rate of Ethereum Classic (ETC) has increased by 83%, according to information provided by BitwiseInvest researcher Gayatri Dhumal. In parallel, Ethereum’s (ETH) hash rate has decreased by 11% in anticipation of the imminent Merge update. The largest winner from the current migration of ETH miners has been Ethereum Classic. A potential […]
Ethereum Classic [ETC] Dips Significantly After a Roaring June Final Week
July started with a mix of bullish and bearish signals for the cryptocurrency market. While cryptos like Bitcoin and XRP felt the bear crunch, altcoins such as Ethereum Classic were on the rise. The Ethereum fork was the biggest gainer in the top 20 club as it surpassed major players like XRP, and Dogecoin. Ethereum […]
Binance Commences Trading For XRP And ETC Coin-Margined Perpetual Contracts
Malta-based exchange of crypto-currency, Binance was launched in 2017 only three years ago. Despite a little late entering the crypto market, the exchange was quick enough to establish its position in the crypto-verse. Binance is currently the largest cryptocurrency exchange in the world. The exchange never fails to roll out new updates for its users […]
Ethereum Classic Suffers Yet Another 51% Attack; 7,000 Blocks Reorganized
Ethereum Classic [ETC] has suffered a 51% attack for the third time in a month following which reorganization of over 7000 blocks occurred on the network which corresponded to approximately two days of mining. A chain reorganization takes place when a party gains more hashing power than the rest of the miners in the network. […]
Bitquery: Ethereum Classic 51% Attack More Than Just a Technical Glitch
A new study has revealed that the latest Ethereum classic attack was more than just a malfunction, that authorized a double spend that resulted in the loss of millions. The Ethereum classic 51 percent attack netted the hacker crypto worth $5 million. The majority of the people initially presumed it was just an innocent slip; […]
Ethereum, Litecoin Price Analysis: Altcoins Try to Surge as Bear Still Looms Large
The beginning of the new week kick-started a price surge in the cryptocurrency market, as several major coins witnessed a slight uptick in their value. This move further prompted investors and holders to presume that the bear market could soon be turning a corner. The two cryptocurrencies that have had an impact on the market recently were […]