ETC price is hanging above the crucial level of $60 by a whisker. The decline has been triggered by the...
Ethereum Classic
Ethereum classic is a blockchain network created in 2016 after a hard fork of the Ethereum blockchain following the hacking event that led to the loss of $50 million worth of Ethereum.
What’s Ethereum classic?
Ethereum classic operates as an open-source blockchain network that runs smart contracts similar to Ethereum, but their valuation differs significantly.
After the hard fork, Ethereum Classic was the original network that was hacked, while the current Ethereum blockchain was the new, more secure network.
Since has been associated with multiple security issues and hacking events, which has hampered its growth compared to its peer.
The Ethereum network has continued growing from strength to strength ever since the hard fork, leaving Ethereum classic playing catch up since they both target the intelligent contracts market.
Most investors trust the Ethereum network, which has seen massive capital flows into it since the hard fork, while Etehreum Classic has lagged and is widely regarded as a less secure blockchain network.
Ethereum classics native token is ETC.
Ethereum Classic is one of the most accessible cryptocurrencies in the market.
How to buy?
To buy it, you need to open an online account, link it to your bank account, and then make a purchase. In addition, you may need to purchase a wallet to store your tokens.
Investing in cryptocurrencies requires extensive research on the investor’s part because of the high volatility. That said, ETC remains a very risky crypto to invest in. even for short-term players who are there for quick profits.
Ethereum classics latest news
ETC price has bounced back to the week’s rallying after pulling back from Thursday’s two-week high. At the same time,...
ETC price is trading within a tight range while the bulls lack enough momentum to push it past the crucial...
ETC price has narrowed to a tighter range within the horizontal channel whose formation commenced a week ago. According to...
ETC price is rallying for the fourth consecutive session although it lacks enough bullish momentum to retest the resistance level...
The ETC price is attempting to make a comeback after slumping in the past three straight days. Ethereum Classic is...
The Ethereum Classic price prediction for additional recovery may have taken a hit on Wednesday after the ETC Cooperative withdrew...
ETC price has risen to above the support level of $50.00 after hovering around $45.00 for over a week. The...
The Ethereum Classic price is grappling for direction between the 100, and 200-day moving averages, which indicate a breakout is...
ETC price movement in Wednesday’s session is comparable to that of the leading cryptocurrency -Bitcoin. The latter entity is up...