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Ethereum Classic (ETC): The Old PoW Chain, But Is It Still Relevant?
Everyone knows about Ethereum, but its "twin brother" Ethereum Classic (ETC) is rarely discussed. Let's take a simple look at what ETC actually is, why it is different, and its current state.
The Birth of ETC
After The DAO hack in 2016, the community split into two. One group wanted to alter the blockchain's history to recover the hacked funds, which became today's Ethereum (ETH). The other group said, "Code is law; history cannot be changed." They continued running the original chain, which is Ethereum Classic.
Key Features of ETC
• Proof of Work: While ETH has shifted to Proof of Stake, ETC still relies on mining.
• Limited Supply: The maximum supply is 210.7 million ETC, and about 157 million are currently in circulation.
• Immutability: This is the core philosophy of ETC.
• Smart Contract Support: It is EVM-compatible, but its DeFi and dApp ecosystem is much smaller compared to ETH.
Where Does Its Market Stand Now?
According to recent data, ETC's price is hovering around $8.95 (prices change every moment; check live prices before trading). For comparison, in October 2025, the monthly price was around $15.85, and in September 2026, it was around $8.38. This means it has experienced a major decline over the year. Its all-time high was also near $167 in 2021, and the current price has dropped significantly compared to that.
The Positives
• It has survived for several years, maintaining a market cap well over $150 million+.
• Fixed supply and PoW security are attractive to many.
• It can be easily traded on major exchanges and has good liquidity.
• It usually benefits during overall altcoin rallies.
The Risks
• Developer and ecosystem activity is relatively low.
• Analysts say ETC is primarily dependent on overall crypto market sentiment, and when Bitcoin dominance is high, less money flows into altcoins.
• The price can fluctuate suddenly due to lower trading volume.
• Mining hash rate risk (the PoW chain has a history of 51% attacks).
A Quick Note for Traders
• ETC often follows the movements of Bitcoin and ETH, so it is important to observe the larger trend first.
• Trade in small lot sizes based on key support and resistance levels.
• Never trade without a stop loss.
• Do not invest your entire capital into a single coin.
Conclusion
ETC is an ideology-driven, limited-supply older chain. Its strength lies in its history of survival, while its weakness is the size of its ecosystem. Therefore, it is not a "guaranteed profit" coin; make your decisions by understanding the risks and doing your own research (DYOR).
This is not financial advice, but an educational discussion only. Crypto trading involves high risk#crypto #bnb #ETH #biance $BTC

In trading, your biggest enemy is not the market, but your own mind.
New traders usually think that finding a good strategy is the key to big profits. However, in reality, many traders end up losing money despite having a great strategy. The reason lies not in analysis, but in behavior.
1. FOMO: Fear Of Missing Out
Seeing a candle grow larger, you rush to enter the trade. By then, the major part of the move is almost over. The result: a bad entry and a huge stop loss. Remember, the market presents new opportunities every day. Missing one trade is not a big loss.
2. Revenge Trading
After a loss, the immediate thought is, "I have to win it back right now." This leads to increasing lot sizes, breaking rules, and turning one loss into three. The best thing to do after a loss is to shut down the screen and walk away.
3. Cutting Profits Early, Holding Onto Losses
We tend to exit a trade while the profit is still small, but we hold onto losses, hoping the market will "come back." This creates a cycle of many small wins and a few massive losses that completely wipe out the account.
How to Control Yourself?
Write down your entry, stop loss, and target before taking a trade.Never risk more than 1–2% of your account per trade.Set a daily loss limit; once reached, stop trading for the day.Keep a trading journal detailing what you did, why you did it, and how you felt at that moment.
Final Words
Those who survive in the long run are not the ones who try to be right on every single trade, but those who stay disciplined and stick to their rules. The market will teach you, provided you are willing to face your own mistakes.
Disclaimer: This is for educational purposes only and does not constitute financial advice#Trading #Femo #RevengeTrade #Eth #BNB $BTC

#RBNZPausesDigitalCashDevelopment #RBNz The Reserve Bank of New Zealand (RBNZ) has temporarily paused development work on its digital cash proposal. The announcement came today, October 13, 2026. (odt)
But why?
Now their main focus is on modernizing payment systems and launching real-time retail payments. (gurufocus)

⚖️ Here’s this week’s crypto regulation update:
🇺🇸 United States: The CFTC has established a federal framework for certain leveraged retail crypto transactions. It has also proposed a new law addressing the relationship between event contracts and gambling. (bitcoin)

📰 Today’s Crypto Update: 3 Stories, 3 Takeaways
1️⃣ ETH ETFs see outflows for 9 straight days 📉
Spot Ether ETFs saw net outflows of $542.1 million last week, the largest weekly outflow since January. However, total net inflows since the ETFs launched still stand at $13.26 billion. (Ether ETFs extend outflow streak to nine days as Solana funds snap record 14-week inflow run +2)

🇦🇷 Argentina’s Central Bank: No push to bring crypto into banking over the next 2 years
What was said?
Juan Curutchet, head of the BCRA’s Monetary and Foreign Exchange Regulations Department, said there will be no initiative to integrate crypto and digital assets into banking and payment channels over the next two years. The 2022 ban will remain in force. He cited Argentina’s fragile economic situation as the reason. (kucoin) (kucoin)

🛡️ 5 rules for surviving in crypto: How can you avoid liquidation?
#CryptoEducation #RiskManagement #Binance #Trading #BNB $USDC
Markets will always fluctuate. But many portfolios are wiped out not because of the market, but because of poor risk management. Here are 5 rules everyone, new and experienced alike, should know:

Beginners often ask, "When is the best time to buy?" But experienced investors ask, "Do you have a plan?"
The crypto market changes color very quickly. Today everything is green; tomorrow, it’s panic. Amid this volatility, three habits will always keep you ahead:

Solana’s block time from 400 ms to 200 ms: What does this mean for crypto traders?
Solana is moving to reduce slot times for the first time in its history. Since its launch in 2020, the network has aimed for one slot every 400 milliseconds. Now, plans are underway to halve that to 200 ms.

#VitalikWarnsAICouldWeakenCryptographySecurity: Is AI a new threat to crypto security?
Ethereum co-founder Vitalik Buterin issued a warning on X on October 7, and it’s now being discussed in the crypto community. Key points:
What did he say?

#FedMinutesFocusOnOctoberPause: What do the Fed minutes say, and what does it mean for crypto?
Yesterday (October 7), the Fed released the minutes from its September meeting. Here are the key points:
At its September meeting, the Fed raised interest rates by 25 basis points to 3.75%–4.00% because inflation remains high. (federalreserve) (financecalendar)

A complete guide for beginners:
In the crypto market, it’s perfectly normal for prices to fluctuate by 10–20% in a single day. So, to survive here, you first need to learn how to manage losses. Those who stay in the market for the long term focus more on risk than on profit.

Today's Crypto Update | October 7, 2026
• ₿ Bitcoin (BTC): Around 85,600. Support is around 83,600–84,700, and resistance is near 87,000–88,000
• Ξ Ethereum (ETH): Around $2,697 (Crypto Prices Today: Bitcoin Holds Near USD 85,600 as Treasury Yields Cap the Rally +3)