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Ethereum Classic

Explore the most relevant and up to date analysis and opinion on Ethereum Classic, provided by professional cryptocurrency analysts and contributors.

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1 ETC =

$ 22.7716

+0.0739 +0.33%

19:30:11 - Real-time Data . ( Disclaimer )

Market Cap:

$3.08B

Circulating Supply:

ETC135.00M

Max Supply:

ETC210.70M

Vol (24H):

$375.19M

Chg (7D):

+12.80%

Day's Range:

22.3556 - 23.0677

Ethereum Classic Price Analysis: ETC/USD May Cross Below $20 Level

Ethereum Classic Price Analysis: ETC/USD May Cross Below $20 Level

By CryptoVibes - May 18, 2022

Ethereum Classic Price Analysis – May 18 Ethereum Classic (ETC) slips to $20.15 as the coin may likely create a new low below the lower boundary of the channel. ETC/USD Market Key Levels: Resistance...

Ethereum Classic Price Analysis: ETC/USD Slumps as Price Moves Below $28

Ethereum Classic Price Analysis: ETC/USD Slumps as Price Moves Below $28

By CryptoVibes - May 06, 2022

Ethereum Classic Price Analysis – May 6 Ethereum Classic price is suffering under the influence of the bears as the path of least resistance remains downward. ETC/USD Market Key Levels: Resistance...

Ethereum Classic Price Analysis: ETC/USD May Drop Below $35 Level

Ethereum Classic Price Analysis: ETC/USD May Drop Below $35 Level

By CryptoVibes - Apr 22, 2022

Ethereum Classic Price Analysis – April 22 The Ethereum Classic is being attacked by the bears and the coin may continue to drop with its intraday movement. ETC/USD Market Key Levels: Resistance...

Robinhood Rolls Out A Crypto Wallet; Game-Changer For The Asset...And The Stock? By Andy Hecht - Apr 18, 2022

This post was written exclusively for Investing.comRace to roll out a secure crypto wallet Block’s Jack Dorsey left Twitter to work on the project Robinhood: online discount brokerage...

Crypto Briefing

Polygon, Solana, DeFi On Grayscale’s Radar By Crypto Briefing - Jun 20, 2021

Grayscale has announced it is considering new single asset trust funds for Polygon, Solana, and a range of DeFi tokens. Key Takeaways Grayscale is exploring 13 cryptocurrencies to potentially offer to...

BitMEX - Bitcoin Mercantile Exchange

Fear Is The Mindkiller By BitMEX - Bitcoin Mercantile Exchange - May 14, 2021

“I must not fear. Fear is the mind-killer. Fear is the little-death that brings total obliteration. I will face my fear. I will permit it to pass over me and through me. And when it has gone past I...

Alexander Kuptsikevich

Altcoin's Season Or End Of The Game? By Alexander Kuptsikevich - Jan 30, 2020

The crypto market ends the first month of 2020 on a positive note. During January, the total capitalization of the cryptocurrency increased by $58 billion, or almost 30%. Bitcoin (BTC) showed a 25%...

Bitcoin Slumps In Wake Of Chinese New Year Slowdown Warning By Ed Moya - Jan 24, 2020

Bitcoin traders appear to be heeding a warning of a demand slowdown ahead of China’s lunar New Year. The largest cryptocurrency slumped as much as 4% to $8,281, while altcoins such as Ethereum...

Andrey Sergeenkov

One Bitcoin Now Or 2 Altcoins Later? By Andrey Sergeenkov - Sep 18, 2019

The famous "cookie now or two later" experiment best describes the current situation on the Bitcoin market. However, we should wonder if those future cookies would still be Bitcoins? Seemingly, some...

Ethereum Classic Announces Schedule For Upcoming Fork By BeInCrypto - Jun 21, 2019

On June 20, 2019, it was announced that Ethereum Classic (ETC) have begun the testing phase for the upcoming “Atlantis” hard fork. During this phase, the aim has been to identify and fix...

Ethereum And Ethereum Classic Both Breakout From Ascending Channels By BeInCrypto - May 16, 2019

Ethereum (ETH) and Ethereum Classic (ETC) recently have both increased significantly and broken out of their respective trading patterns. Will the gains keep coming or can we expect a reversal to...

Coinbase Unlocks PayPal For EU Customers, Adds Bitcoin Support To Wallet By BeInCrypto - Feb 08, 2019

Coinbase has objectively been active in adding new features and improving its platform to survive the severe Crypto Winter. A year-long bear market has affected all cryptocurrency and...

Tanzeel Akhtar/Investing.com

Ethereum Classic's 51% Attacker Returns Stolen Cryptocurrency By Tanzeel Akhtar/Investing.com - Jan 18, 2019

At the beginning of January, Ethereum Classic (ETC) experienced a 51% attack that resulted in multiple block reorganizations on the Ethereum Classic chain. The attacker stole an estimated $100,000 in...

Crypto News: Moment Of Truth By Mati Greenspan - Jan 15, 2019

The adoption of crypto by large scale financial institutions is taking longer than expected but is still on track. The bear market certainly caused some to hesitate but today we have confirmation that...

Alexander Kuptsikevich

Cryptos Slide From Holiday Hopes To Cold Reality By Alexander Kuptsikevich - Jan 11, 2019

Cryptocurrencies are experiencing post-holiday correction after a sudden increase. Investors who expected a festive rally are now closing their positions, which is intensifying the wave of decline....

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Ethereum Classic Discussions

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Daniel Mcgee May 09, 2022 9:17PM ET

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buying at 5 dolla

1 0

Vegas Boy May 09, 2022 8:14PM ET

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whatever happened to '$60 coming'🤣

2 0

Krzysiek Spolnicki Apr 01, 2022 2:08PM ET

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$60 is comming 🔥

6 1

Sandra Hernandez Mar 30, 2022 2:07PM ET

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$60 coming 🤩🤑🤑

3 1

Sandra Hernandez Mar 22, 2022 8:19PM ET

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ETC is Soaring and about to hit $50's🤑🤑🤑🤑🤑

5 3

Behnam Nahavand Mar 22, 2022 8:19PM ET

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Yes, I agree with you🌺

3 1

Sandra Hernandez Mar 22, 2022 5:14PM ET

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YES YES we are Soaring 🙏🙌🙏🚀🔥🚀🔥🤑🤑🤑🤑🚀🔥🚀🔥

4 0

Sandra Hernandez Mar 21, 2022 11:23AM ET

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$45 on its way up 🤑🚀🤑🚀💚

3 0

Miroslav Pilnik Mar 20, 2022 2:02PM ET

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what a bubble

1 5

Sandra Hernandez Mar 19, 2022 5:26PM ET

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uphill uphill weee goooo🤑🚀🚀🤑👍

5 0

Mike Segovia Mar 03, 2022 6:08PM ET

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looks good

6 1

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Leading Cryptocurrencies

Bitcoin $29,097.3 BTC +0.93%
Ethereum $1,795.79 ETH +3.00%
Tether $0.9996 USDT +0.05%
USD Coin $1.0011 USDC -0.01%
BNB $309.06 BNB +2.65%

Electronic Energy Ongoing (1)
GrounderCoin Completed (500)

FAQ

What’s the difference between Ethereum and Ethereum Classic?
The Ethereum network and Ethereum Classic protocol operate more or less on the same mining algorithm, and they also perform similar functions in the blockchain ecosystem. However, the major difference lies in the fact that the Ethereum network rolled back a series of transactions to cover the loss of investor funds while the Ethereum Classic did not. Another key difference is that the Ethereum Classic is a backward-compatible protocol which means any update on the Ethereum network will not reflect on it. This extends to the expected transition of Ethereum to a Proof-of-Stake (PoS) protocol in the coming year.
What is Ethereum Classic?
Ethereum Classic is a decentralized, smart contract protocol that enables the building of dApps or DAOs on its network. Serving as a base layer protocol, Ethereum Classic is useful in the development of DeFi and NFTs. Ethereum Classic is a fork of the popular Ethereum network and is considered the unbroken historical record of the first smart contracts network. The split within the Ethereum network happened in 2016 due to ideological and technical differences in the Ethereum community and the DAO hack that led to the loss of over $70 million.
How to mine Ethereum Classic
Ethereum Classic is more or less Ethereum in its original build. This feature makes it depend on a Proof-of-Work (PoW) consensus algorithm for validating transactions on its blockchain. To mine Ethereum Classic, you can use GPUs or application specific integrated circuit (ASIC) miners. ETC uses an Ethash mining algorithm which makes using a GPU mining machine more effective than ASIC miners. Another option would be to join an Ethereum Classic mining pool, especially if you lack the technical expertise to set up and maintain the miners. This way, you combine your computational power with other pool miners and get rewarded. A slew of services offer this option, and you can check some of them out before starting.
How to store Ethereum Classic
Like several crypto assets, Ethereum Classic is mainly stored on digital wallets. You can choose to own a private wallet to store Ethereum Classic and any other virtual asset that catches your fancy. However, several exchanges and brokers offer crypto wallet services, and you can choose to use this option to forestall the eventuality of losing your private keys.
Where to buy Ethereum Classic
Ethereum Classic is readily available in several top Bitcoin exchanges. Popular choices are Binance, Coinbase, FTX, Huobi Global, and Kraken. Meanwhile, many cryptocurrency brokers also support Ethereum Classic; a popular choice is social trading leader eToro, which supports Ethereum Classic and several other top-ranking virtual currencies.
How many Ethereum Classic coins are there?
At press time, there are 130,489,144.32 Ethereum Classic coins in circulation, and this represents about 62% of the entirety of the 210,700,000 Ethereum Coins that will ever be produced.
How to buy Ethereum Classic
Like the popular Ethereum network, you can buy Ethereum Classic from many crypto exchanges or brokers that support it. All you have to do is create an account with one, make a fiat deposit, and buy ETC. The requisite amount of ETC relative to your deposits will be added to your portfolio, making you one of the original holders of the first Ethereum network.
What is Ethereum Classic used for?
Like the Ethereum blockchain, Ethereum Classic has a variety of use cases. Denoted by the ticker ETC, Ethereum Classic supports smart contracts used in building decentralized applications (dApps) and decentralized autonomous organisations (DAOs). Ethereum Classic performs the same functionalities as the newer Ethereum network. This means it is applicable in sub-sectors like decentralized finance (DeFi) and non-fungible tokens (NFTs). ETC users also have to pay gas fees when they use the protocol.
When did Ethereum Classic fork?
Ethereum Classic was formed in 2016, a year after the launch of the smart contracts protocol Ethereum. The split happened because the development team of Ethereum wanted to roll back a series of transactions to recover $70 million lost in a DAO. This led to divided interests among the team, with the Ethereum Classic faction upholding the ‘Code is Law’ principle.
When was Ethereum Classic created?
Ethereum Classic was created in 2016 following a split within the Ethereum development community over the team’s handling of the decentralized autonomous organisation (DAO) hack. The popular Ethereum network chose to roll back those transactions in a bid to recover investor funds while the others kicked against the idea, noting that this could become the norm for the coming years. Holding onto the principle of ‘Code is Law,’ the Ethereum Classic protocol was formed to preserve the history of the first smart contracts blockchain.