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Ethereum Classic (#ETC) News and Headlines

February 27, 5:38 pm

Core Chain's Vision Paper highlights how BTCfi will open the door to a t...
[PRESS RELEASE - Cayman Islands, Cayman Islands, February 27th, 2024] Solutions for Bitcoin Scaling: The paper presents a range of technological solutions aimed at scaling the Bitcoin ecosystem without altering its foundational base layer Beyond Layer 2: Highlighting the limitations of existing Bitcoin layer 2 solutions, the paper argues for a nov... read More

February 25, 5:00 pm

Top 10 Proof Of Work Blockchains Like Bitcoin
Proof of Work blockchains stand as the cornerstone of cryptocurrency technology, first popularized by Bitcoin, the original cryptocurrency. At their core, these blockchains rely on a consensus mechanism called Proof of Work (PoW). This mechanism is essential for validating transactions and creating new blocks without the need for a central authorit... read More

January 24, 11:00 am

Bitcoin ETFs to Likely Divert Users and Trading Volumes Away from CEXs, ...
Recently approved spot bitcoin exchange-traded funds (ETFs) are likely to divert investor interest and trading volume away from centralized exchanges (CEXs), according to Anthony Bevan, CEO of the wealth management firm Blockguard. Bevan, a full-time trader and investor, added that spot bitcoin ETFs are likely to attract investors who are keen on '... read More

January 21, 10:00 pm

Mining Digital Gold — These Are the Most Profitable Proof-of-Work ...
In September 2022, Bitcoin's SHA256 algorithm ranked as the seventh most lucrative proof-of-work (PoW) network for mining. Fast forward a year and four months, and this algorithm has ascended to become the third most profitable crypto network for mining operations.2022 to 2024 Sees Significant Shifts in Crypto Mining Profitability As of January 202... read More

January 18, 9:05 am

XRP and Ethereum Classic Exhibit Upward Price Signals; NuggetRush Prepar...
Santiment's on-chain data recently signaled a notable bullish momentum for XRP (XRP). Meanwhile, Ethereum Classic's (ETC) rollercoaster performance in Q4 2023 and its upcoming Spiral Hard Fork adds complexity to the crypto landscape. Yet, NuggetRush (NUGX) emerges as a standout altcoin, blending cryptocurrency, physical mining, and gold mining into... read More

January 16, 8:26 am

Ethereum Classic Maintains 32% Steady Rise – What's Driving ETC Up...
The recent approval of the first Bitcoin spot exchange-traded fund (ETF) in the United States by the Securities and Exchange Commission (SEC) has reverberated across the cryptocurrency landscape, triggering a significant surge in various altcoins, with Ethereum Classic (ETC) taking the spotlight. Often overshadowed by its more well-known sibling, E... read More

January 15, 4:30 pm

South Korea's Crypto Volumes Peak in 2024 as Upbit and Bithumb Dominate ...
In the last 100 days, South Korea's crypto trading activity has experienced a significant upswing. The country's leading crypto exchanges, Upbit and Bithumb, recorded their highest trading volumes in the initial week of January 2024. Despite the noticeable premium on South Korea's crypto assets, the most popular traded coins in this region differ f... read More

January 15, 1:31 pm

Why Did Ethereum Classic ($ETC) Pump 35% This Week? GFOX Presale Eyes $3...
Two interesting crypto projects are in the spotlight recently – Ethereum Classic and Galaxy Fox. Ethereum Classic ($ETC) caught the attention of many investors and traders with its 35% surge. Meanwhile, Galaxy Fox ($GFOX) is gaining traction with its ongoing presale, which is on track to hit the $3 million mark. Why is Ethereum Classic ($ETC... read More

January 14, 4:30 pm

Unveiling Bitcoin Reserves — A Deep Dive Into Holdings of 6 New Sp...
In the initial forty-eight hours following the launch of the United States' first spot bitcoin exchange-traded funds (ETFs), data has emerged regarding the number of bitcoins held by these funds. Currently, Blackrock stands at the forefront among all funds, Grayscale's GBTC excluded, with a significant holding of 11,439 bitcoin. Additionally, the F... read More

January 12, 11:30 am

Ethereum Classic (ETC) Explodes Over 50% In Massive Price Jump – H...
The long-awaited arrival of a Bitcoin spot ETF in the US has sparked a surge in cryptocurrency prices, with Ethereum Classic leading the charge among altcoins. After languishing around $20 for months, Ethereum Classic (ETC) has skyrocketed over 50% in the past seven days, currently hovering around $29.45 and just a breath away from reclaiming the $... read More

January 12, 11:14 am

ChatGPT Gives Bitcoin Cash, Ethereum Classic, Bitcoin Minetrix Price Pre...
The rise of AI has brought new perspectives to the cryptocurrency market, making it easier for investors to conduct research and analysis. OpenAI’s model ChatGPT has been the most-used analytical tool, offering objective price predictions for hundreds of coins and tokens. This article explores ChatGPT’s price forecasts for three trendin... read More

January 11, 9:50 am

SEC Finally Approved Spot Bitcoin ETF, Here's What Happened to BTC's Pri...
After a decade-long struggle, the US Securities and Exchange Commission finally greenlighted a spot Bitcoin ETF, which, expectedly, resulted in enhanced price movements for the underlying asset. At the same time, some assets, such as ETH, have performed quite impressively, registering a 20-month peak. BTC's Rollercoaster Ever since the start of the... read More

January 10, 9:55 am

Bitcoin Calms Above $45K Following SEC-ETF Fiasco (Market Watch)
Bitcoin went through another roller coaster yesterday when the US SEC Twitter account was informed that the agency had approved a spot ETF, which later turned out to be fake news due to the compromise of said account. Interestingly, while most altcoins are with losses today, ETH has gone on the offensive and sits above $2,400 after a 5% daily incre... read More

December 28, 4:00 am

Bitcoin Price Prediction: ETC Group Anticipates Surpassing $100,000 By E...
Numerous price predictions have emerged as the Bitcoin price continues to demonstrate significant growth throughout the year, fueled by factors such as the upcoming halving event and potential approval of a spot Bitcoin exchange-traded fund (ETF) by the US Securities and Exchange Commission (SEC).  Notably, the ETC Group has released a compreh... read More

December 12, 1:00 am

Market Jolt: Bitcoin Falls Below $42,000 As Short Term Holders Rush To C...
Bitcoin is currently witnessing a decline in price, with its value dropping below the $42,000 mark. This movement comes on the heels of a significant uptick in the circulating supply of profitable Bitcoin, prompting a wave of profit-taking among investors. ETC Group's Head of Research, André Dragosch, highlights this trend, noting an increas... read More

December 12, 12:00 am

Crypto Sentiment Index Stays Bullish Despite Corrections, Report Reveals...
In a recent blog post, ETC Group's Head of Research, Andre Dragosh, provided a comprehensive analysis of the current state of the crypto market. Dragosh’s findings shed light on the market's performance dynamics, profit-taking activity, and derivative trends. High-Risk Appetite In Crypto Market According to Dragosh’s analysis, crypto as... read More

December 09, 8:00 pm

What Is A DAO
Decentralized Autonomous Organizations (DAOs) represent a revolutionary concept in the blockchain and crypto world, reshaping how we think about governance and collaborative decision-making. This article dives deep into the world of DAOs, providing a comprehensive understanding of ‘What is a DAO’, their meaning, mechanics, and significa... read More

November 29, 7:32 am

Genesis And DCG Strike Repayment Deal
The legal battle between Genesis and its parent company, DCG – which also owns multiple other crypto-related ventures, seems to be coming to an end. Yesterday, a deal was struck that would put to rest a lawsuit worth $630 million between the two companies. Some Sums Forfeited Earlier this year, the Winklevoss Twins’ – whose platfo... read More

November 28, 2:30 pm

Cardano's Charles Hoskinson Clashes With Blockstream's Adam Back Over Cr...
Charles Hoskinson, co-founder of Input Output Global (IOHK) and the Cardano blockchain initiative, recently expressed his frustration in a video over the U.S. regulator's decision to categorize the cryptocurrency cardano as a security. He's perplexed and critical about the exemption of bitcoin from being tagged as a security, mocking the situation ... read More

November 11, 11:20 am

Which Cryptocurrencies Will Explode Next as Institutions Eventually Shif...
TL;DR Lark Davis predicts institutional investors will expand into cryptocurrencies like Chainlink and Solana, beyond Bitcoin and Ethereum. He views the current phase as a pivotal chance for substantial wealth creation in the crypto market. Chainlink and Solana have shown significant institutional interest and price increases recently. Popular c... read More

November 10, 9:58 am

ETH Soars to 7-Month High After BlackRock's ETF Rumors, BTC Stopped at $...
Bitcoin's price tried its hand at taking down the $38,000 level but was stopped in its tracks, and the subsequent rejection brought the asset south. Ethereum, somewhat expectedly, is the top performer from the larger-cap alts, but other related tokens, such as ETC and LDO, are also on the rise. BTC Rejected at $38K Earlier this week, bitcoin was st... read More

November 03, 10:00 pm

US Authorities Confiscate $54 Million In Ethereum From Convicted Drug De...
In recent developments, US authorities led by US Attorney Philip R. Sellinger successfully seized $54 million worth of Ethereum (ETH) from Christopher Castelluzzo, a convicted drug dealer operating in Lake Hopatcong, New Jersey.  Massive Crypto Bust The US Attorney's Office filed a civil forfeiture action to recover previously seized cryptocu... read More

September 29, 3:00 am

Binance Ending Operations in Russia — Crypto Exchange to Focus on ...
Crypto exchange Binance is closing down all exchange services and business lines in Russia. The company has entered into a sales agreement with Commex. A Binance executive explained that operating in Russia is not compatible with the company's compliance strategy. “We remain confident in the long-term growth of the Web3 industry around the wo... read More

September 26, 4:10 pm

OKX Releases 11th Proof of Reserves Report With Over $11.2B in Primary A...
The Seychelles-registered cryptocurrency exchange OKX released its 11th consecutive monthly Proof of Reserves (PoR) report which encompasses 22 commonly used digital assets and shows balances of $11.2 billion in primary assets. OKX is the only crypto exchange that has made it a ritual to publish PoRs for almost a year with which the platform r... read More

September 19, 11:30 pm

New York Shrinks List of Pre-Approved Crypto — DOGE, XRP Among Coi...
New York's financial regulator has significantly reduced the number of pre-approved cryptocurrencies that licensed crypto trading platforms can list. XRP, dogecoin, litecoin, and ethereum classic are among the coins removed from the Greenlist. The regulator also proposed new crypto guidance that 'heightens risk assessment standards for coin-listing... read More

September 05, 5:02 pm

Solana (SOL) Price Prediction: 2023, 2024, 2025 and Beyond
Solana is one of the fastest growing cryptocurrency platforms thanks to its high speed and low costs. Launched in 2020, its native SOL token has seen massive appreciation. Here we analyze Solana's price outlook for the future using technical analysis to provide an evidence-based Solana price prediction guide. What is Solana (SOL)? Solana is a highl... read More

August 21, 4:30 pm

Biggest Movers: LTC, ETC Rebound on Monday, Despite Bearish Sentiment
Litecoin was back in the green to start the week, despite the crypto market continuing to trend mostly lower. At the time of writing, the global market cap is down 0.59%, following a recent red wave. Ethereum classic also climbed higher on Monday, hitting a four-day high in the process.Litecoin (LTC) Litecoin (LTC) rose for a third consecutive sess... read More

August 11, 2:00 pm

San Francisco's SoFi Bank Reveals Significant Holdings In BTC, ETH, And ...
San Francisco’s SoFi Bank, a rising financial institution with 6.2 million customers, has unveiled its substantial cryptocurrency holdings, demonstrating a proactive embrace of the evolving digital asset landscape.  BTC, ETH, and DOGE Lead the Way A recent report shows that the bank's second-quarter earnings totaled $170 million in vario... read More

August 08, 5:00 pm

Bitcoin Funds Witness Largest Weekly Outflows Since March: Report
The latest weekly report from CoinShares reveals that crypto investment products, particularly Bitcoin funds, saw major outflows for the third consecutive week. As investors continue to take profit, a total of $107 million in outflows was recorded in the previous week.  Crypto investment products listed in the report are from various exchange-... read More

July 13, 8:58 am

Bitcoin Tumbles Toward $30K, KAVA Crashes 12% Daily (Market Watch)
The past 24 hours saw the majority of the cryptocurrency market tumble toward lower levels. It's worth noting that the declines are slight, with a few exceptions. Bitcoin's price continues consolidating within the range between $30K and $31K, but it's getting closer to the former. Let's dive in. BTC Price Tumbles Toward $30K Bitcoin's price failed ... read More

July 09, 7:35 pm

Coinbase Executive Detects $320K in Crypto Belonging to a 'Stranger'
Conor Grogan - the head of product at Coinbase - said he found $322,000 worth of digital assets that belonged to a person who was unaware of that since the funds were transferred after Ethereum's hard fork in 2016. The executive discovered that the owner of the crypto stash had previously become a victim of hackers who drained their entire life sav... read More

July 07, 8:54 am

Crypto Markets Shed $50B Daily as BTC Dipped Below $30K (Market Watch)
Bitcoin posted a new 13-month high yesterday at $31,500, but the subsequent rejection drove it south hard, and the asset slipped below $30,000 on a few occasions. The altcoins have also turned red, with the most losses coming from the likes of Litecoin, Bitcoin Cash, Lido DAO, and others. BTC to Lose $30K? After the enhanced volatility last Friday,... read More

July 03, 2:44 pm

Proof of Work Coins Mark Mad Gains on 7D Chart in Hash Cash Frenzy
Proof of work (POW) cryptocurrencies absolutely dominated gains last week. The SEC's actions and plunging energy prices might be why. Plus, there's Litecoin's halving event happening next month. But there's no denying the market's recent moves. In fact, proof of work's dominance during the last week in June was so absolute that four out of the five... read More

July 01, 8:39 am

Litecoin (LTC) Soars to 14-Month High Above $100, Bitcoin (BTC) Reclaims...
Bitcoin went on a short-lived roller-coaster yesterday but has reclaimed $30,000 after dumping to a 10-day low. Yet, its dominance over the altcoins has declined a lot on a daily scale, as some, such as LTC, LDO, VET, and BSV, have shot up. BTC's Dump and Pump After last week's massive price surge, which drove bitcoin from $26,500 to over $31,000 a... read More

June 30, 3:16 pm

MicroStrategy Buys More BTC but Bitcoin Wobbles Around $30K Amid SEC-ETF...
A lot can change in the cryptocurrency industry within a week, and the waves indeed fluctuated in the past seven days. The market rejoiced recently as several multinational financial giants filed for a Bitcoin Spot ETF, but the tides could be turning now, according to a WSJ report from Friday. Let's unpack. BlackRock shook the crypto market two wee... read More

June 24, 8:26 am

BTC Tests $31K as Bitcoin Cash Soars 30%: Market Watch
The past 24 hours saw Bitcoin's price attempt a shot at $31K and maintain its dominance over the rest of the market. It's worth noting that some altcoins performed incredibly well, charting gains close to 30%. Let's dive in. Bitcoin Price Taps $31K As CryptoPotato reported yesterday, Bitcoin's price soared to $31K, sparking a wave of liqu... read More

June 13, 11:00 am

CryptoGames Unveils an Enhanced VIP Program and High Stakes Wagering Con...
CryptoGames, a well-known online crypto casino, is making waves in the online gambling industry with the launch of its revitalized VIP program and a high stakes wagering competition. These new initiatives promise cryptocurrency gambling enthusiasts a new era of exhilarating challenges and rewarding experiences, raising the bar in online casino game... read More

June 11, 1:42 am

FancyCrypto: Making Crypto Mining More Accessible
Mining - the process of verifying transactions and packing them in blocks to send to the blockchain - is a critical component of many networks, including the largest one - Bitcoin. It’s the foundation around the entire cryptocurrency ecosystem (for a large part) is built on, and it is absolutely paramount to the concepts of crypto. However, i... read More

May 30, 5:17 pm

NVIDIA Surpasses $1 Trillion Market Cap
Chip-manufacturing giant NVIDIA (NDVA) surpassed a $1 trillion market cap, bringing the company’s total value close to that of all cryptocurrencies in the world combined. The company’s stock opened at $405.96 on Tuesday, before rising as high as $416.39 by 9:50 am ET. The 6% pump marked a 52-week high for the company. Shares have since... read More

May 24, 8:30 am

Cardano's Charles Hoskinson Says Ethereum Classic Now a 'Scam'
Charles Hoskinson, co-founder of the Cardano blockchain, has labeled the decentralized computing platform Ethereum Classic (ETC) a scam that is benefiting 'insiders who dump on those they recruit.' Hoskinson claimed that 'Ergo is what ETC should have been and continues to innovate, has a purpose, good ethical leadership, and funding for the future.... read More

April 13, 8:46 am

ETH Reclaims $1.9K After Shapella Update, BTC Calms at $30K Following CP...
The CPI numbers from yesterday expectedly brought some volatility to the crypto market, with BTC pumping and dumping by $500 in minutes. The other big news of the day - the Ethereum Shapella upgrade - has helped the second-largest crypto jump by 3.5% and reclaim $1,900. Bitcoin Calms at $30K The end of last week, as well as Saturday and Sunday, wer... read More

April 12, 3:30 pm

Biggest Movers: SOL Hits 6-Week High, Following US Inflation Data
Solana moved to a six-week high on Wednesday, as markets reacted to the latest inflation figures from the United States. The consumer price index (CPI) fell to 5% in March, lower than the 5.2% sum many had expected. Ethereum classic also moved higher, nearing a multi-week high.Solana (SOL) Solana (SOL) extended yesterday's 15% gain on Wednesday, as... read More

March 18, 2:13 pm

Biggest Movers: ETC up 12%, as SOL Nears 1-Month High
Ethereum classic rose by as much as 12% in today's session, as cryptocurrency markets rallied to start the weekend. The global market cap is trading over 3% higher at the time of writing, as investors continue to buy crypto following the recent banking crisis. Solana was also higher in today's session.Ethereum Classic (ETC) Ethereum classic (ETC) r... read More

March 18, 9:50 am

Stacks Soars 115% Weekly, Bitcoin Eyes $28K: Weekend Watch
Bitcoin initiated yet another leg up in the past 24 hours, resulting in nearing $28,000 for the first time since June 2022. The altcoins are also well in the green, with ETH reclaiming $1,800, while SOL, UNI, AVAX, and ETC have skyrocketed by up to 14%. BTC Taps Yet Another 9-Month High The US banking crisis, which later expanded to Europe as well,... read More

March 15, 9:54 am

Bitcoin Retraces Below $25K, AGIX Soars 40% Daily (Market Watch)
The past 24 hours were a complete rollercoaster throughout the cryptocurrency market and were packed with action. Bitcoin's price soared above $26K only to retrace below $25K later in the day, while many altcoins pained massive double-digit gains. Let's dive in. Bitcoin's Price Rollercoaster First things first, it's important to note that yesterday... read More

March 13, 4:03 pm

Biggest Movers: LTC, ETC 15% Higher, as Crypto Markets Rebound on Monday
Litecoin was back in the green on March 13, as cryptocurrency markets rebounded to start the week. The token rose by as much as 15% in today's session, with the global crypto market cap trading nearly 10% higher. Ethereum classic also moved significantly higher.Litecoin (LTC) Litecoin (LTC) rose by as much as 15% to start the week, as cryptocurrenc... read More

March 11, 12:00 pm

BTC Proxy Is Live on BNB Chain and Interoperable With WBTC and BTCB
PRESS RELEASE. Leading DeFi protocol BTC PROXY today expanded support for the Binance BNB Chain as well as updating support on Ethereum and Polygon for their ($BTCpx) Bitcoin Proxy. Minting and bridging of BTCpx to the three networks goes live on or after March 10th, 2023. This fulfilled a vision of allowing the Proxy community to utilize their Bit... read More

March 06, 4:30 pm

Biggest Movers: ETC Remains Near 2-Month Low, LTC Down by 4% on Monday
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.Ethereum Classic (ETC) Ethereum classic (ETC) started the week trading close to a two-mon... read More

February 02, 10:43 am

Coinbase Wallet Introduces 'Transaction Preview' For Better Security
Coinbase Wallet, a non-custodial multi-currency wallet, is adding a new security feature, 'Transaction Preview,' to give its community 'greater peace of mind during dApp transactions.' Transaction Preview Feature The new feature was demonstrated by Coinbase Wallet's product manager, Ayoola John, in a tweet on February 1.  Safety Spotlight Co... read More

January 30, 2:30 pm

Ethereum Classic's Hashrate and Price Trend Lower After Ethereum PoW to ...
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 44.33% of it h... read More

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