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Ethereum Classic Price

Ethereum Classic Price(ETC)

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Coinbase
1.99%
Kraken
0.26%
Binance
0.1%
$ 27.72
-1.18%
(1D)

ETC Price Live Data

The live price of Ethereum Classic is $ 27.72 per (ETC / USD) today with a current market cap of $ 3.80B USD. 24-hour trading volume is $ 654.37M USD. ETC to USD price is updated in real-time. Ethereum Classic is -1.18% in the last 24 hours. It has a circulating supply of 137.02M USD.
ETC Price Performance USD
ChangeAmount%
Today$ -0.3280452-1.18%
30 Days$ -5.6960305-20.55%
60 Days$ 3.1707908+11.44%
90 Days$ 20.28+73.15%

ETC Price Information

24h Low & High
The highest and lowest price paid for this asset in 24 hours.
Low: $ 27.44
High: $ 29.40
The highest and lowest price paid for this asset in 24 hours.
All Time High
The highest price paid for this asset since it was launched or listed.
$ 176.16
The highest price paid for this asset since it was launched or listed.
Price Change (1h)
The percent change in trading volume for this asset compared to 1 hour ago.
-0.23%
The percent change in trading volume for this asset compared to 1 hour ago.
Price Change (24h)
The percent change in trading volume for this asset compared to 24 hours ago.
-1.18%
The percent change in trading volume for this asset compared to 24 hours ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-17.91%
The percent change in trading volume for this asset compared to 7 days ago.
Price Change (7d)
The percent change in trading volume for this asset compared to 7 days ago.
-17.91%
The percent change in trading volume for this asset compared to 7 days ago.

ETC Market Information

The percentage of Binance customers who increased or decreased their net position in BTC over the past 24 hours through trading.
Popularity
Popularity is based on the relative market cap of assets.
#21
Popularity is based on the relative market cap of assets.
Market Cap
Market cap is calculated by multiplying the asset's circulating supply with its current price.
$ 3.80B
Market cap is calculated by multiplying the asset's circulating supply with its current price.
Volume (24hours)
The total dollar value of all transactions for this asset over the past 24 hours.
$ 654.37M
The total dollar value of all transactions for this asset over the past 24 hours.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
137.02M
Circulating supply shows the number of coins or tokens that have been issued so far.
Circulation Supply
Circulating supply shows the number of coins or tokens that have been issued so far.
137.02M
Circulating supply shows the number of coins or tokens that have been issued so far.
Top News
Where Did Ethereum Miners Migrate to Post Merge?
With Ethereum successfully transitioning to the proof of stake consensus, the miners had to look for alternate options. The Ethereum developers had for a long time suggested miners migrate to other proof of work projects like Ethereum Classic. Prior to the Merge, there was reasonable social activity around proof of work based blockchain networks. On the other side, a White House report on energy usage indicated that the U.S. government would have to curtail mining dependent on excessive energy usage.The report suggested placing a limit or a ban on crypto mining, particularly the energy inefficient way. The White House mentioned its restrictions on high energy intensity consensus mechanisms like the proof of work method.Ethereum Miners Migrate To These CryptocurrenciesFollowing Ethereum’s shift to the new consensus mechanism, miners shifted to a few other projects. The miners are largely dependent on just a few blockchains — Ethereum Classic, Ergo and Ravencoin. According to a Forbes report, these projects are reasonably better options considering the mining capabilities and rewards. Hence, on the day The Merge successfully completed, these cryptocurrencies saw huge spike in hashrate. Hash rate is the total computational power used by cryptocurrencies to mine and process transactions. This indicates the speed of mining on the blockchain network.Hashrates on Ethereum Classic, Ravencoin, and Ergo surged by 124%, 98% and 146% respectively following Ethereum Merge completion on September 17. However, the mining capabilities on these networks only support a fraction of what Ethereum offered before The Merge. While hashrate for Ethereum before the Merge was around 867 (TH/s), these three networks offer only 28% of it. Morover, with increased miner traffic on these networks, profits have decreased compared with pre-Merge levels.
Anvesh Reddy - CoinGape
2022-09-18
Anvesh Reddy - CoinGape
2022-09-18
Ether, Ethereum Classic See Volatile Trading Amid Successful Ethereum Merge
Crypto markets are mostly flattish over the past 24 hours, but the action in ether (ETH) and Ethereum Classic (ETC) has been volatile early Thursday following the successful Merge event. Traders of futures tracking the two tokens took on some $80 million in cumulative losses, with ether futures seeing $67 million in liquidations, according to the data. Ether swung between the $1,570 and $1,620 levels, with funding rates hitting sixteen-month highs as shorts – or bets against a price rise – gained favor among traders. Funding rates are periodic payments made by traders based on the difference between prices in the futures and spot markets. Depending on their open positions, traders will either pay or receive funding. The payments ensure there are always participants on both sides of the trade. Traders use sophisticated strategies to collect funding rates while hedging losses due to price movements – which creates market dynamics that contribute to price volatility. ETC futures, on the other hand, saw some $22 million in liquidations – a higher-than-usual figure. The Ethereum Classic blockchain continues to operate as a proof-of-work (PoW) network, and some are betting on its long-term rise versus the now proof-of-stake (PoS) ETH. "Post-Ethereum Merge, the Ethereum PoW miners will need to mine other coins since Ethereum is moving to PoS," explained Hosam Mazawi, a co-founder at non-fungible token project Snook, in a Telegram message last week. "The options are Ethereum Classic or some new Ethereum fork." Prices of ETC surged to above $39 this morning before traders took profits, sending ETC back to $35.50. The price had bounced back to $38.50 at press time. The tokens have risen about 16% in the past two weeks even as prices in broader crypto markets are roughly flat. Hash rates on ETC – a measure of computing power on any blockchain network – surged on Thursday following the Merge, suggesting miners were already shifting resources to the network. Data from tracking tool 2miners show Ethereum Classic hash rates hit 273 terahashes per second (Th/S) in European afternoon hours, continuing a climb from last week.
Shaurya Malwa - CoinDesk
2022-09-15
#Ethereum
#Merge
#Ethereum
#Merge
Shaurya Malwa - CoinDesk
2022-09-15
#Ethereum
#Merge
#Ethereum
#Merge
The Last Shadow Fork Completions Declare Ethereum To Be Ready for the Merge
SNEAK PEEKEthereum developers confirm the successful execution of the shadow fork.The Merge will decrease the Ethereum energy consumption by ~99.95%.The first shadow fork was carried out on April 11, 2022.Now when it’s only a few hours left for the very anticipated Merge of Ethereum. The developers of Ethereum (ETH) have announced that the prerequisite shadow forks necessary for the long-anticipated blockchain upgrade known as The Merge have been completed successfully. Transition in Mainnet-Shadowfork-13 (the last shadowfork before The Merge) was successful for all Nethermind nodes!#TheMerge #Ethereum #Nethermind #MSF13 pic.twitter.com/sddPPwSR1u— Nethermind (@nethermindeth) September 9, 2022 The Merge will be the most remarkable upgrade in the history of Ethereum. The Beacon Chain proof-of-stake network will combine with the current Ethereum Mainnet. This will complete Ethereum’s shift to proof-of-stake and mark proof-of-work’s end. Also, the Merge will result in to decrease in Ethereum’s energy consumption by ~99.95%. All f this will be counted as an incredibly exciting step toward attaining the more scalability, security, and sustainability goals of Ethereum. Shadow forks assist developers in stress-testing synchronization assumptions to guarantee network security during upgrades. On April 11, 2022, Ethereum engineers implemented the first shadow fork in response to The Merge. Nearly six months after the last shadow fork, Mainnet-Shadowfork-13, the Ethereum research and engineering firm Nethermind over the official Twitter account declared that the transition was successful, indicating that the network was prepared to switch to a proof-of-stake (PoS) consensus method. The testnet allowed Ethereum developers to experiment with managing nodes, deploying contracts, and testing the infrastructure, among other features. Shadow forks thus enable developers to assess the effects of network improvements before they take place. As part of the upgrade, the community must update their Ethereum clients and execute the combination of an execution layer and consensus layer.The post The last shadow fork completions declare Ethereum to be ready for The Merge appeared first on Today NFT News.
Jerry Christopher - Today NFT News
2022-09-10
Jerry Christopher - Today NFT News
2022-09-10
Top Blog
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