Ethereum Classic Soars as Ethereum’s Merge Upgrade Approaches

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Ethereum Classic (ETC) recorded a dramatic rally over the weekend, basking in a decent +61% spike in the Asian session today after peaking at $23.67. Analysts expect additional rallies in the coming days. Reports show that the ETC jump comes ahead of the Ethereum (ETH) network upgrade later this year. Many expect a mass migration […]

Ethereum Classic Makes It To Grayscale Investments Trust Basket

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Ethereum Classic (ETC) and two other cryptocurrencies have made it to the Grayscale Investments trust basket. The largest digital asset manager recently added the Ethereum Classic Trust, Bitcoin Cash Trust, and Litecoin Trust to its list of SEC reporting products, bringing the total number of this basket to six. The announcement came from the firm’s […]

Ethereum Classic Welcomes Magneto Network Update

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Ethereum Classic (ETC) is back on a bullish trajectory amid the implementation of the “Magneto” network update. The Magneto upgrade, first announced on June 11, got activated at block 13,189,133. The update also includes the Ethereum Improvement Proposals (EIP) first observed in Ethereum’s (ETH) Berlin Upgrade at the beginning of this year. The team behind […]

Ethereum Classic Set to Integrate Magneto Upgrade in July

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The Ethereum Classic (ETC) Network is ready to undergo an upgrade by the end of July. The upgrade termed ‘Magneto’ will occur at block 13,189,133, predicted to occur on July 21. The Ethereum Classic team announced that the Magneto Upgrade would include ECIP-1103, just like Ethereum’s (ETH) Berlin upgrade. The Berlin upgrade got integrated into […]

Ethereum Classic Price Analysis — May 31

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Ethereum Classic (ETC) and other cryptocurrencies have had a very rocky price action over the past few weeks following crackdown actions by the Chinese government on the crypto space and Tesla’s decision to stop accepting Bitcoin as payment. Meanwhile, the United States financial authorities are taking a more active stance in regulating the cryptocurrency industry […]

Ethereum Classic Price Analysis — May 24

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Ethereum Classic (ETC) has traded erratically over the past few weeks but appears to be witnessing a turn of events. Despite the recent announcement by China to ban crypto mining, which triggered a massive FUD-induced sell-off over the weekend, the ETC and the rest of the market have regained bullish momentum. Ethereum Classic slid lower […]

Ethereum Classic Price Analysis — May 17

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The past few days have been very tough on Ethereum Classic (ETC) and the entire cryptocurrency market. The ongoing market crash was triggered by a tweet from Elon Musk, stating that Tesla would no longer accept Bitcoin payment for its vehicles because of environmental concerns. This announcement struck a negative chord for crypto traders, who […]

Ethereum Classic Price Analysis — May 10

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Ethereum Classic (ETC) saw a massive bull run last week, recording a +200% increase and triggering a bull market. The ETC began the week with a price of $44 and printed a new record every day leading up to its price peak of $175 on Thursday. Although this is a positive development for the sixteenth-largest […]

Ethereum Classic Market Analysis — May 3

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Ethereum Classic (ETC) has regained its standing above the $49 level, as the cryptocurrency printed a new all-time high. At press time, the thirty-first-largest cryptocurrency is trading up by +10% today, with a new record high at $50.45. The ETC is not alone in the bullish rally as most of the cryptocurrency industry is in […]

Ethereum Classic Price Analysis — April 26

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Ethereum Classic (ETC) climbed higher in the early trading hours on Monday, as the entire cryptocurrency market regained bullish stability from its recent slump. The ETC is up by about 10.8% at press time, as the cryptocurrency market’s valuation climbs back above $2 trillion. The market crash last week got sponsored by Bitcoin’s fall below […]