Ethereum Classic

Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that launched in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). Its native token is ETC. Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time. Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.

Ethereum Classic (ETC) is a hard fork of Ethereum (ETH) that occured in July 2016. Its main function is as a smart contract network, with the ability to host and support decentralized applications (DApps). 

Its native token is ETC. Since its launch, Ethereum Classic has sought to differentiate itself from Ethereum, with the two networks’ technical roadmap diverging further and further from each other with time. 

Ethereum Classic first set out to preserve the integrity of the existing Ethereum blockchain after a major hacking event led to the theft of 3.6 million ETH.

Ethereum Classic has a capped supply of 210.7 million ETC. 

Ethereum Classic has a history of being susceptible to 51% attacks. This is when a group of malicious miners who control a majority of the network’s mining hashrate alter transaction history in an effort to execute double spends. 

Litecoin

Ethereum classic remained near a two-month low on March 6, as a cloud of uncertainty continued to hover over markets. The global crypto market cap remained bearish to start the week, and is down 0.55% at the time of writing. Litecoin also moved lower on Monday.

Biggest Movers: ETC Remains Near 2-Month Low, LTC Down by 4% on Monday

Ethereum Classic (CRYPTO: ETC) and Litecoin (CRYPTO: LTC) are trading lower by 3.63% to $21.20 and lower by 4.63% to $92.08 Thursday afternoon.

What's Going On With Ethereum Classic And Litecoin?

Just before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic's hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network's hashrate has decreased significantly as 44.

Ethereum Classic's Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Ethereum Classic (CRYPTO: ETC) was trading mostly flat during Monday's 24-hour trading period, continuing to consolidate sideways between about $20 and $23. The consolidation had been taking place since Jan. 15, after the crypto broke bullishly from a bull flag pattern on the daily chart.

Ethereum Classic Continues Consolidation Under Bellwether Indicator: What to Watch

Bitcoin

Ethereum Classic (CRYPTO: ETC) plunged almost 8% lower at one point during Wednesday's trading session after initially attempting to break above Tuesday's high-of-day. The sharp decline came in tandem with the broader cypto sector, which reacted negatively to the S&P 500, which attempted to regain a long-term descending trendline as support but failed.

Ethereum Classic Falls In Tandem With S&P 500, Bitcoin — A Pullback Or A Rejection?

Shiba Inu

Shiba inu was one of Friday's biggest gainers, as the meme coin raced to a six-week high. The move came as the global cryptocurrency market cap surged, as U.S. inflationary pressures continued to cool off. Ethereum classic was also in the green, with price hitting a two-month high.

Biggest Movers: SHIB Hits 6-Week High, ETC Extends Recent Gains

Ethereum Classic (CRYPTO: ETC) was consolidating mostly sideways during Wednesday's 24-hour trading session, trading generally within Tuesday's range. The sideways consolidation has been taking place since Saturday, after the crypto spent the period between Jan. 4 and Jan. 6 soaring 31.21% higher.

Is Ethereum Classic Headed Toward $25? A Look At The Crypto's Technicals

Ethereum classic was one of the biggest movers to start the weekend, as prices surged to a six-week high. The move saw the token climb by as much as 12%, breaking out of a key resistance level in the process. Polygon also moved higher, as it raced towards a recent price ceiling.

Biggest Movers: ETC Surges 14% to Hit 6-Week High on Saturday

ETC (CRYPTO: ETC), the native asset of the Ethereum Classic, experienced a remarkable rebound on Wednesday as its price surged from $15.64 to a massive green daily candlestick.  What Happened: Dubbed as Ethereum (CRYPTO: ETH) spin-off ETC has rallied more than 24% in the past 24 hours, topping intraday gains at $19.52.

Ethereum Classic Soars 24% In Massive Rebound: What's Driving The Rally?

Bitcoin (CRYPTO: BTC) moved higher this morning, with prices for the most valued cryptocurrency in the world, trading past the $16,800 level on Wednesday ahead of the release of minutes from the recent Federal Reserve meeting. Ethereum (CRYPTO: ETH), also recorded gains, with prices trading above the key $1,250 mark on Wednesday.

Bitcoin Moves Higher Ahead Of Fed Minutes; Ethereum Classic Becomes Top Gainer

Ethereum

Chainlink

Aave

A popular crypto strategist says that Litecoin (LTC) could go on an epic surge before the peer-to-peer payments network's halving event next year. Pseudonymous analyst Rekt tells his 329,900 Twitter followers that Litecoin is showing signs of strength on the higher timeframe after rallying above its long-term accumulation level.

Crypto Analyst Predicts Epic Rally for Litecoin, Updates Outlook on Ethereum, Chainlink and Two Additional Altcoins

Ethereum Classic (CRYPTO: ETC), is up 5% topping intraday gains, outpacing the movement seen on the second-largest cryptocurrency Ethereum (CRYPTO: ETH). What Happened: At the time of writing, ETC was trading at $16.46.

Ethereum Classic Rallies 5% After Barry Silbert's DCG Sees Dramatic Decline

Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news, as it extended recent gains.

Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains

Bitcoin Cash

Stellar

Top US crypto exchange Coinbase says it will end support for crypto assets with low usage on its self-custody digital wallet. According to Coinbase Wallet, it will pull out the plug for XRP, Stellar (XLM), Bitcoin Cash (BCH) and Ethereum Classic (ETC) by next year.

Coinbase Wallet Drops Support for XRP, Stellar (XLM), Bitcoin Cash (BCH) and Ethereum Classic (ETC)

Starting Dec. 5, Coinbase (NASDAQ: COIN) will no longer support major tokens including Bitcoin Cash (CRYPTO: BCH), Ripple (CRYPTO: XRP), Ethereum Classic (CRYPTO: ERC) and Stellar Lumen (CRYPTO: XLM), among others. What Happened: According to Coinbase, "low usage" is the reason it decided to stop the support of the four tokens.

Bitcoin Cash, Ethereum Classic, 2 Other Cryptos Lose Coinbase Wallet Support: What You Should Know

The top U.S. cryptocurrency exchange's wallet will no longer support BCH, ETC, XLM and XRP due to "low usage."

Coinbase Wallet Drops Bitcoin Cash, Ethereum Classic, Stellar Lumens and XRP

America's biggest crypto exchange has scrapped a number of assets from its self-custody mobile app citing waning customer interest.

Coinbase Wallet Delists XRP, Bitcoin Cash and Ethereum Classic

The company took note of \"low usage\" as its reason for no longer supporting those tokens.

Coinbase Wallet Quietly Delists Bitcoin Cash, Ethereum Classic, Ripple's XRP and Stellar's XLM

Ethereum Classic (CRYPTO: ETC) was sliding about 3% lower during Wednesday's 24-hour trading session amid cascading fears stemming from the FTX fallout. The lending division of crypto investment bank Genesis Global Trading temporarily halted redemptions and the initiation of new loans Wednesday due to “extreme market dislocation and loss of industry confidence caused by the FTX implosion," DCG vice president Amanda Cowie said.

Is Ethereum Classic Headed Toward $15? What Could Happen If This Pattern Plays Out

Polygon

Bitcoin Cash (CRYPTO: BCH), Ethereum Classic (CRYPTO: ETC), Litecoin (CRYPTO: LTC), Polygon (CRYPTO: MATIC), Shiba Inu (CRYPTO: SHIB) and Solana (CRYPTO: SOL) all spiked higher on heavy volume during U.S. pre-market trading and are trading around session highs Thursday afternoon. Several cryptocurrencies are trading higher in sympathy with major U.S. indices following key U.S.

Why Bitcoin Cash, Ethereum Classic, Litecoin, Polygon (MATIC), Shiba Inu And Solana Are Soaring Higher Thursday

Solana

Bitcoin Cash (CRYPTO: BCH), Ethereum Classic (CRYPTO: ETC), Litecoin (CRYPTO: LTC) and Solana (CRYPTO: SOL) are all falling sharply Wednesday afternoon. Shares of several altcoins are trading lower during Wednesday's session following a CoinDesk report suggesting Binance is leaning toward scrapping the FTX acquisition.

Bitcoin Cash, Ethereum Classic, Litecoin And Solana Are All Crashing Again: Here's Why

Ethereum Classic (CRYPTO: ETC) is trading sharply lower by 14.03% to $21.49 Tuesday afternoon amid concerns over the financial condition of cryptocurrency exchange FTX. What Happened?

Why Ethereum Classic Is Getting Obliterated

Ethereum Classic (CRYPTO: ETC) is trading higher by some 12.29% to $29.47 during Tuesday afternoon. Shares of several altcoins are trading higher in sympathy with apex cryptocurrency Bitcoin (CRYPTO: BTC) and second-largest market cap crypto Ethereum (CRYPTO: ETH) and U.S. equities.

Why Ethereum Classic Is Skyrocketing

Ethereum Classic (CRYPTO: ETC) is trading flat to $23.19 going into the close of U.S. market trading Thursday, recovering sharply after selling off some 9.88% to $20.90 intraday. Cryptocurrencies at large are volatile Thursday after September CPI data showed worse-than-expected inflation.

Ethereum Classic Is Extremely Volatile Today: Here's Why

Ethereum classic remained close to a three-month low in today's session, as the token continued to extend recent declines. The token is now trading almost 15% lower in the last seven days. Near protocol was also lower, with it also falling to its lowest point since July.

News for Ethereum Classic Crypto (ETC)