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 […]

Go to Source

Powered by WPeMatico

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 […]

Go to Source

Powered by WPeMatico

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 […]

Go to Source

Powered by WPeMatico

Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Ethereum Classic’s Hashrate and Price Trends Lower After Ethereum PoW to PoS TransitionJust 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 has been lost over the last […]

Go to Source

Powered by WPeMatico

Biggest Movers: SHIB Hits 6-Week High, ETC Extends Recent Gains

Shiba inu was one of Friday’s biggest gainers, as the meme coin raced to a six-week high. The move came as the global cryptocurrency market cap surged, as U.S. inflationary pressures continued to cool off. Ethereum classic was also in the green, with price hitting a two-month high. Shiba Inu (SHIB) Shiba inu (SHIB) was […]

Go to Source

Powered by WPeMatico

Biggest Movers: ETC Surges 14% to Hit 6-Week High on Saturday

Ethereum classic was one of the biggest movers to start the weekend, as prices surged to a six-week high. The move saw the token climb by as much as 12%, breaking out of a key resistance level in the process. Polygon also moved higher, as it raced towards a recent price ceiling. Ethereum Classic (ETC) […]

Go to Source

Powered by WPeMatico

Biggest Movers: ETC Moves Away From Multi-Month Lows, as XMR Extends Recent Gains

Ethereum classic rallied for a second straight session on Wednesday, following better-than-expected U.S. consumer confidence data. The figures showed that confidence among American consumers rose to the highest level in eight months, with a reading of 108.3. Monero was also higher on the news, as it extended recent gains. Ethereum Classic (ETC) Ethereum classic (ETC) […]

Go to Source

Powered by WPeMatico

Biggest Movers: ETC, NEAR at 3-Month Lows on Tuesday

Ethereum classic remained close to a three-month low in today’s session, as the token continued to extend recent declines. The token is now trading almost 15% lower in the last seven days. Near protocol was also lower, with it also falling to its lowest point since July. Ethereum Classic (ETC) Ethereum classic (ETC) continued to […]

Go to Source

Powered by WPeMatico

Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit Gains

Ethereum Classic Hashrate Slides 46% Since The Merge, PoW ETH Forks Gather Double-Digit GainsThe day of The Merge, Ethereum Classic’s hashrate soared to new highs tapping 306 terahash per second (TH/s) ten days ago on September 15. Since then, however, Ethereum Classic’s computational power has dropped 46.16% lower from the high to today’s 164.75 TH/s. Furthermore, ethereum classic’s market valuation has dropped by two positions and lost 26.7% […]

Go to Source

Powered by WPeMatico