BitPay Sets Up Worldwide Stablecoin Payments despite the Rage of Regulators

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BitPay Sets Up Worldwide Stablecoin Payments despite the Rage of Regulators
BitPay Stablecoins Payment Gateway (BPSPG) is a volatility-free payments network boosted thanks to the most popular stablecoins.
BitPay Sets Up Worldwide Stablecoin Payments despite the Rage of Regulators

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Source: CoinSpeaker

Ethereum’s hard fork receives endorsement from ETC Cooperative Exec

The DAO hack that took place in 2016 on the Ethereum network caused commotion in the network and led to several steering towards the idea of a hard fork. Towards the end of the dispute, the Ethereum network divided into two where the forked blockchain was occupied by the Ethereum network and Ethereum Classic continued […]
The post Ethereum’s hard fork receives endorsement from ETC Cooperative Exec appeared first on AMBCrypto.
Source: AMB Crypto

Coinsbit Rewards $200 in CNB Tokens for User Referrals

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Coinsbit Rewards $200 in CNB Tokens for User Referrals
Coinsbit attracts global attention after the launch of its referral program. The company rewards $200 in CNB Tokens for subscription through a referral link.
Coinsbit Rewards $200 in CNB Tokens for User Referrals

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Source: CoinSpeaker

Grayscale Investments Receives FINRA Regulatory Approval

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Grayscale Investments Receives FINRA Regulatory Approval
Grayscale Investments has received regulatory approval to publicly quote shares of its diversified crypto fund.
Grayscale Investments Receives FINRA Regulatory Approval

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Source: CoinSpeaker

Ethereum Classic’s Atlantic hard fork improved compatibility, interoperability: ETC Coordinator

At a recent ETC Summit held in Vancouver, Canada, Afri Schoedon, who was the ETC Hardfork Coordinator, spoke out about the recent update regarding Atlantis Protocol Update and the future roadmap for Ethereum Classic. Schoedon briefly mentioned that the hardfork had brought back compatibility and interoperability between the Ethereum Classic and Ethereum Foundation by the […]
The post Ethereum Classic’s Atlantic hard fork improved compatibility, interoperability: ETC Coordinator appeared first on AMBCrypto.
Source: AMB Crypto

Crypto Exchange Giant Binance Finally Launched US Trading

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Crypto Exchange Giant Binance Finally Launched US Trading
Today, on September 24, crypto exchange giant Binance has announced the launch of its arm in the U.S. market. Binance.US is finally opened.
Crypto Exchange Giant Binance Finally Launched US Trading

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Source: CoinSpeaker

Ethereum Classic presents roadmap to improve DApp development and overall infrastructure

Experts of the cryptospace are making use of DApp services to simplify the entire blockchain process. Along these lines, Ethereum Classic’s [ETC] core development team has put forth an initiative to revamp its existing ecosystem. Moving forward with an aspiration for refinement, ETC’s team is developing fresh features over blockchain technology, a development that will […]
The post Ethereum Classic presents roadmap to improve DApp development and overall infrastructure appeared first on AMBCrypto.
Source: AMB Crypto

Atlantis hardfork focuses on eliminating emerging errors & making ETC network more efficient

In any discussion which includes the concept of virtual assets and blockchain, most people often talk about developments solely concerning the Bitcoin community. The marketability of Bitcoin has largely preceded that of the altcoin market. However, altcoins have not stopped developing their own parent blockchain. One of the altcoins which has made tremendous progress in […]
The post Atlantis hardfork focuses on eliminating emerging errors & making ETC network more efficient appeared first on AMBCrypto.
Source: AMB Crypto

ETC’s mining profitability grows slowly; 2Miners pool records 100% profitability

Ethereum Classic was created in 2016, following a fork of the Ethereum network. Technicals for Ethereum Classic had not been very strong for the past years. Trading at $7.79 with a market cap of $870 million, the 20th largest digital asset failed to post significant gains on the cryptocurrency charts. However, mining activity, thanks to […]
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Source: AMB Crypto

Ethereum Classic (ETC) Spring Board Is Atlantis, Prices May Halve To $3.5

Ethereum Classic (ETC) down 7.8 percent
Atlantis may prime ETC bulls aiming at $25

By syncing with other assets, ETC gains were decent. At a precipice, there must be upswings above $10 to reaffirm the presence of buyers ahead of September 2019 Atlantis upgrade.
Ethereum Classic Price Analysis
Fundamentals
Like Ethereum, Ethereum Classic retained smart contracting capabilities and immutability. Following the Decentralized Autonomous Organization (DAO) hack, Vitalik and team forced a split. Meanwhile, Charles Hoskinson, and purists of blockchain principles, rejected tweaks to recover the lost millions.
All the same, it has been a tough journey for Ethereum Classic. Last year was mainly testing. One of the development wings closed doors citing lack of funds. Ethereum Classic is bouncing back, quite literally.
Announced earlier this week, Metronome and ETC Labs will be partnering to improve interoperability. Through this arrangement, Metronome, a blockchain project with a focus of enhancing dApp portability, reliance, and governance, will reap huge benefits. Specifically, its currency, MET, will be fluid, interoperable between Ethereum and Ethereum Classic blockchains. And it gets better.
Atlantis will precede Agharta. The objective in this definitive hard fork is to incorporate ten Ethereum Classic Improvement Proposals (ECIPs). According to Steven Lohja of ETC Labs Core, the goal is to “add support for a subset of protocol-impacting changes introduced in the Ethereum Foundation (ETH) network via the Spurious Dragon and Byzantium hard forks.”
Later, Agharta will “enable the Ethereum Foundation Constantinople and Petersburg network protocol upgrades on the Ethereum Classic network, further maximizing ETC–ETH compatibility.”
Candlestick Arrangement

Presently, ETC is down the liquidity leader board. Week-to-date, the coin is down 7.8 percent but could slide lower if candlestick arrangement leads. ETC is under pressure.
Even though the rebound has been impressive and aligning to BTC’s good fortunes, bears are firm. In a bear breakout pattern, stops are at $10.
From the chart, there is resistance for higher high following this week’s drop and the printing of a bear candlestick, cooling off May upsurges.
Unless otherwise there is a high-volume breakout, canceling losses of Q3-4 2019 and shaking out losses of this week as ETC surge past $10, then traders can buy the dips.
For now, and in light of the above, a safe bet is to exit longs and wait for a pullback preferably back to $5.5.
Technical Indicators
This week’s bar is conspicuous with high participation of 1.8 million. Aforementioned, confirmation of bulls driving prices above $10 ought to be with high trading volumes exceeding 1.8 million. After that, targets will be at $25 as ETC chart a new trajectory. Conversely, odds are ETC will temporarily dip to $5.5 in a retest before bulls snap back to trend.
Chart courtesy of Trading View. Image Courtesy of Shutterstock
The post Ethereum Classic (ETC) Spring Board Is Atlantis, Prices May Halve To $3.5 appeared first on NewsBTC.
Source: New feedNewsBTC.com

Ethereum Classic is a ‘hybrid’ between Bitcoin’s philosophy and Ethereum’s technology

The cryptocurrency market has been rife with comparisons of several cryptocurrencies and their use cases. This has been restricted to not just top coins, but also ones with lower ranks. Recently, Donald McIntyre, an Ethereum Classic [ETC] proponent and ‘Trust minimization maximalist,’ stated that ETC is philosophically the same as Bitcoin and technically the same as Ethereum.
The article said,
“The alignment with Bitcoin philosophy is hence, that ETC is a blockchain that prioritizes the integrity of the blockchain above any other interests. By “integrity” it is meant the immutability of the state, which contains the ledger with property and agreements.”
McIntyre added that ETC was a “hybrid” between Bitcoin’s philosophy and Ethereum’s technology, making ETC “incredibly unique, global, cross border and permissionless.” Some other features quoted by the ETC advocate was that the cryptocurrency was Turing complete, immutability focused and was based on the famous Proof-of-Work [PoW] system.
The opinion of a lot of Bitcoin proponents has shifted from the crypto being a ‘method of transaction’ to it being a ‘store of value.’ This ideology was also shared by Blockstream CSO Jimmy Song who said,
“So, I think Bitcoin can be everything. It’s just what is it best for at the base layer, right now it’s a store of value and wealth transfer. So, you can move hundreds of million dollars for very cheap relatively; right like, 200 million for five dollars or for a dollar. that’s possible with Bitcoin. so it’s still gonna be functioning like that at the base.”
Ethereum’s technology has also been the talk of the town with a lot of mainstream companies tapping into its inherent functions. Ernst and Young had also taken the crypto-plunge recently by choosing ETH to launch their own zero-knowledge proof technology.
The post Ethereum Classic is a ‘hybrid’ between Bitcoin’s philosophy and Ethereum’s technology appeared first on AMBCrypto.
Source: AMB Crypto

Ethereum Classic [ETC]: Mining begins in Astor Network as community responds to 51% attack

Ethereum Classic [ETC] endured a 51% attack twice in the month of January, attacks which successfully latched on to ETC’s blockchain for several days. The losses estimated following the breach accounted for more than $1 million. The attack left the community worried as fraudulent actors were able to acquire 51% of the hash power, which was then used to manipulate a string of deposits made on several cryptocurrency exchanges, by reversing them. This prompted Coinbase to halt ETC trading on its platform.
The latest Astor-Network testnet, based on ECIP-1059, was implemented on Ethereum Classic’s [ETC] network in response to the 51% security breach in January. The testnet leverages SHA3 or Keccack256, as it is a Proof-of-Work [PoW] method.
Ethereum Classic on its official Twitter handle announced,

Mining begins on new #SHA3 Astor-Testnet built for potential #Keccack256 PoW implementation https://t.co/veFSJn3zah
— Ethereum Classic (@eth_classic) May 28, 2019

According to the blog post published by Alex Tsankov, DApp Direct’s operator, ECIP-1059 recognized the need for ETC network to branch out from the same algorithm that is used by its fork, Ethereum [ETH].
The post also alluded to transparency in the hashing algorithm and stated that SHA3 enables block producers around the world an equal mining opportunity. This implies that no single team has an edge over the others, despite the fact that the SHA3 is based on a PoW-method. Designed by Keccak team, SHA3 is touted as a “safer block production,” by community members.
Applauding the algorithm, Tsankov tweeted,
“SHA3 Mining on Astor Testnet has begun! My 2 CPU miners are currently putting out a combined 435,000 hashes per second. Remarkable performance from SHA3 – a true mark of quality.”
At press time, the average block time stood at 38.80 seconds, while the average network hashrate was 434.5 KH/s, with the difficulty at 16.84 MH.
The post Ethereum Classic [ETC]: Mining begins in Astor Network as community responds to 51% attack appeared first on AMBCrypto.
Source: AMB Crypto

Grayscale Gets FINRA Approval to Offer Ethereum Trust to Individual Investors

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Grayscale Gets FINRA Approval to Offer Ethereum Trust to Individual Investors
Under the approval from FINRA, Grayscale’s Ethereum Trust (ETHE) will be available for retail investors which is a positive sign for the entire industry.
Grayscale Gets FINRA Approval to Offer Ethereum Trust to Individual Investors

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Source: CoinSpeaker

Binance Research: XRP Best Diversifier, Bitcoin and Ethereum Most Correlated

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Binance Research: XRP Best Diversifier, Bitcoin and Ethereum Most Correlated
Binance published their new Research Report in which they took on a different approach in understanding crypto assets. The research showed Bitcoin and Ethereum move in lockstep and the XRP price is the least correlated to other top cryptoassets.
Binance Research: XRP Best Diversifier, Bitcoin and Ethereum Most Correlated

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Source: CoinSpeaker

Rothschild-Linked Oil Tycoon Frank Timis Creates Ripples in Bitcoin Mining Pool

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Rothschild-Linked Oil Tycoon Frank Timis Creates Ripples in Bitcoin Mining Pool
Argo Mining has welcomed Frank Timis – a new whale coming from the oil and gold industries with formidable ties with the Rothschild Bank aiming to cause ripples in the nascent market.
Rothschild-Linked Oil Tycoon Frank Timis Creates Ripples in Bitcoin Mining Pool

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Source: CoinSpeaker