ethereum classic
ApeCoin retraces as Ethereum Classic maintains upward momentum into the new week
Ethereum Classic (ETC) and Algorand (ALGO) up more than 6% in the last 24 hours ApeCoin price has slid approximately 10% as the token struggles to find stability just above $10 The majority of crypto assets came off the weekend trading either around their support zones or slightly in the red. The market has remained a mix of green and red but a few alts have notably been caught in the extremes. Bitcoin hovering around $41k, Ethereum pushing to break above $3k Bitcoin, the largest cryptocurrency by market capital, has continued with its slow run in the last 24 hours, swinging around $41,300. A sharp fall of over $1,000 from a 24-hr high of 41,680 to $40,668 earlier today appeared to threaten the calm in the market but the flagship crypto managed to shake off the plunge and has since risen t...
Top 5 cryptocurrencies to watch this week: BTC, LUNA, AVAX, ETC, EGLD
Bitcoin (BTC) rose above $42,000 on March 19 but the bulls continue to face a strong challenge from the bears at higher levels. Although Bitcoin’s price has recovered from $37,578 on March 13, Cointelegraph market analyst Marcel Pechman highlighted that the long-to-short net ratio of top traders across three major exchanges shows that professional traders have not been buying aggressively. But while Bitcoin struggles at higher levels, select altcoins are showing strength. Twitter account BTCFuel anticipates that altcoins could be entering “the final leg up of the hype phase” and may peak in the Summer. Crypto market data daily view. Source: Coin360 Glassnode data shows that investors have withdrawn roughly 550,000 Ether (ETH) from centralized exchanges year-to-date. Due to the outflo...
Journalist alleges Mimo Capital co-founder was behind 2016 exploit of The Dao: Report
Laura Shin, a cryptocurrency journalist and host of the Unchained Podcast, claimed to have discovered the identity of the individual behind an exploit which drained more than 3.6 million Ether from Germany-based startup Slock.it’s The DAO in 2016. According to a Tuesday Bloomberg report, Shin claimed that she had “extremely strong evidence” that Mimo Capital co-founder Toby Hoenisch was responsible for removing more than 3.6 million Ether (ETH) from The DAO in June 2016 — roughly $50 million at the time. An unknown hacker used an exploit to drain roughly a third of The DAO’s ETH supply, forcing developers to hard fork the network and leaving the illicit funds in what became the Ethereum Classic (ETC) blockchain. EXCLUSIVE: With the publication of my book today, I can finally announce: in t...
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