Which is good news
for Ethereum classic price predictions.
However, there are several big names in the crypto industry that still root
for Ethereum Classic.
Others, by contrast, sought to reiterate support
for Ethereum Classic as an implementation of the protocol that best represents the values of the ethereum project as a whole.
Coinbase, one of the largest ethereum exchanges by volume and the best capitalized business serving the ecosystem, is reporting it has no «near - term plans» to offer support
for Ethereum Classic, the alternative version of the ethereum blockchain that has been gaining market traction this week.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which manages a public markets vehicle
for ethereum classic.
We can not say
this for Ethereum Classic as it has always been a black sheep of Ethereum community.
MinerGate, a pool which supports mining of various cryptocurrencies such as bitcoin and ether, has announced today its support
for Ethereum Classic.
ETC rally could be attributed to the fact that the exchange OKEx added support
for Ethereum Classic futures.
There are currently talks of another fork
for Ethereum Classic that is expected to happen sometime in December 2017.
By showing their support
for Ethereum Classic, among others, eToro supports our position that digital currency as an asset class has not only arrived, but is here to stay.
The former stands for Ethereum, the latter
for Ethereum Classic.
The past few weeks have delivered carnage for the crypto markets, but
for Ethereum Classic, the decline goes back even further.
The exchange allows customers to exchange their bitcoins
for ethereum classic and other cryptocurrencies, and vice-versa.
Ethereum creator Vitalik Buterin issued new statements today addressing the increasing support
for Ethereum Classic.
Along with Bitcoin, all other major cryptcurrencies were red blodded except
for Ethereum Classic.
Based on a series of interviews with participants in the space, and posts across multiple social media outlets, the value propositions
for ethereum classic break down into three categories.
data - ad - client = «ca - pub - 9378923892950908» data - ad - slot = «4926898058» > Ethereum Classic Airdrop Annoucement of Callisto (CLO) Tokens Causes ETC Price Surge Good news
for Ethereum Classic Holders or shall we say «HODLERS».
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which manages an investment vehicle
for ethereum classic.
Prior to Ethereum Classic, another altcoin Bitcoin Cash has a similar bull run last week, which was also a pump - and - dump case, and the latest stats show that the volumes
for Ethereum Classic are coming from the same exchange.
Good news
for Ethereum Classic Holders or shall we say «HODLERS».
Reddit user gobriangao, who has supervised two ethereum classic public surveys, argued that it sets a precedent
for ethereum classic decision - making.
Grayscale announced this second cryptocurrency investment trust
for Ethereum Classic back in January, the fund uses the ETC Index (USD denominated) from digital currency data provider TradeBlock.
As
for Ethereum Classic (ETC), it more than held its own in mid-July, gaining value while the other big five all descended along very similar lines.
Guo: Ethereum Core is [now the] testing network
for Ethereum Classic.
Guo: I hope Vitalik Buterin comes back to Ethereum Classic and becomes a good leader
for Ethereum Classic.
While there are some obscure investment cases to be made
for ethereum classic, it strikes me as highly likely the price has been driven significantly higher by uninformed investors simply not understanding the difference between the two - similar to how adding".com» to a company's name in 1999 sent stock prices up on average 74 %.
This seemed like a groundbreaking development
for Ethereum Classic, and a low hanging fruit for Cardano.
Also last Thursday, an unknown attacker has gained control over the web domain of Classic Ether Wallet, a client - side wallet system
for the Ethereum Classic (ETC) cryptocurrency.
Also at the start of the month, a n unknown attacker has gained control over the web domain of Classic Ether Wallet, a client - side wallet system
for the Ethereum Classic (ETC) cryptocurrency.
Not exact matches
Ethereum Classic recently traded at about $ 1, vs. $ 12
for regular
Ethereum.)
A proposal up
for consideration on the
ethereum classic blockchain could open the $ 2 billion network to a controversial type of mining hardware.
Neither
ethereum nor
ethereum classic seemed to prepare
for the attacks, but the resulting gap in communications means that neither side is really pursuing action.
DopeCoin is up ten percent, Monero will shut down through January, and
Ethereum Classic prepares
for another hard fork.
Ethereum Classic undergoes a successful hard fork, Zcash prepares
for its grand introduction, and Jaxx adds Litecoin.
The focus of the event will center on activity in the
Ethereum Classic community and what the future holds
for the network, including discussions regarding the following:
Ethereum Classic is getting ready
for another hard fork.
Store of Value coins: Bitcoin, Diamond Convenient Transaction coins: Dash, Litecoin, Bitcoin Cash Smart Contract coins:
Ethereum, NEO, QTUM, Cardano, EOS, Lisk,
Ethereum Classic Business - friendly coins: Ripple, Bancor, Neblio, Modum Functionality coins: Raiden Network, BlockCat, VeChain, Walton Coin, Quantstamp Exchange coins: KuCoin Shares, Binance Coin, COSS, Spectre, Kyber Network Blockchain
for the Masses coins: Everex, UTRUST, NEM, Stellar, Omise Go IOT coins: IOTA, IOT Chain, Golem, SPARK Privacy coins: ZCash, ZCoin, ZClassic, Monero, Pivx, Zen Cash Masternode coins: Dash, Pivx, Diamond, Crown Change the World coins: SALT, Substratum, Civic, ARNA AI coins: Deep Brain Chain, Neurotoken, Red Pulse
This means that not only are we the sole operator in the market to offer UK onshore banking, but we are also one of the only exchanges in the world to offer a GBP pairing
for Bitcoin Cash and
Ethereum Classic.
My guess
for this is that the community of
Ethereum Classic has a strong willed community of holders.
Ethereum Classic continues to be the weakest major short - term, trading in a steep downtrend after falling below the long - term base formation near $ 13.50 The coin might remain stuck in the long - term downtrend so traders and investors should wait
for some strength before entering new positions, despite the attractive price levels.
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B2C2 renders services in liquidity
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Ethereum Classic failed to build on its relative strength last week, as the widespread selling pressure dragged the coin lower, but
for now the coin is trading above the major lows of March and February.
Following the July 17th launch of
Ethereum Classic (ETC) trading on the OKCoin platform, the demand
for ETC has soared and ETC is once again a hot topic within the community after a 3 year uphill battle conceptualizing a decentralized environment.
Throughout the controversial arguments between developers, miners, and organizations,
Ethereum Classic remained unflustered, stating, «let the community decide which blockchain has integrity, let this be proof
for future cryptos not to mess with the chain.»
In an official press release today, the London Block Exchange (LBX) has announced it has listed Bitcoin Cash (BCH) and
Ethereum Classic (ETC) on its platform and are available
for trade directly with the British Pound.
For proof of that, all you have to do is look at the rise in price of
ethereum classic, up from $ 5.86 on April 30 to $ 21.53 today.
Ethereum Classic is currently among the biggest successes of Bitcoin's huge price increases this week, with today's reversal generating near 30 percent growth
for the altcoin.
The investment case also relies on
Ethereum Classic being useful as a decentralized platform
for the execution of smart contracts.
Ethereum Classic recently introduced plans
for a cap of around 210 million ETC..