Classic Bitcoin Price Not Happy About Classic(TM)

Classic Bitcoin Price Not Happy About Classic(TM)

Bitcoin price declined today without printing a new low. It may only be the first wave of decline towards a Classic(TM) induced low but, ultimately, we know that Core development has a mid-year block-reward halving rally in store. A lazy sell signal in the 15min BTCC chart (not shown) and what looks like a five wave decline in the 1hr chart (above). Although there is no 1hr MA sell signal (and still some time to pass before one will develop), notice, in the 1hr chart, the similarity between the current declining wave and a similar decline from a high in the top left of the 1hr chart.....


Related News

Bitcoin Classic: Transaction Malleability Solved With ‘TransFlex’?

The Bitcoin Classic team has announced the release of Bitcoin Classic 1.2 beta on GitHub, a release that will include a whole host of new features like TransFlex, which, according to the announcement, will solve transaction malleability problems. Bitcoin Classic Tackles Transaction Malleability With New Update. While there are other added features, the....

Can Ethereum Classic Classic Become Ethereum Classic’s Ethereum Classic?

Ethereum Classic is preparing another hard fork. It was announced in statements published last week that the project’s development and mining community is committing to a change in its monetary policy by December of this year. Essentially a move to a new protocol, all current Ethereum Classic users and miners should have upgraded their software by then. If everyone does not upgrade their software, the project can split into two incompatible networks, blockchains and currencies. Of course, that is exactly how Ethereum Classic itself broke away from the Ethereum Foundation’s Ethereum last....

How Classic is Ethereum’s Austrian Kin

“Ethereum Classic rejects Keynsean heresy, and returns to Bitcoin’s Austrian roots,” declares arvicco, a pseudonymous Ethereum Classic project coordinator and cross-chain trading programmer. An event organized by enthusiasts of Ethereum Classic took place Tuesday in London, featuring renowned cryptocurrency enthusiasts like Jon Matonis, whose words were the first in the mainstream to openly celebrate Bitcoin when he wrote for Forbes. The event might mark the first time that high-profile thinkers (such as Jon Matonis for example) will come together on a panel to discuss what might be the....

Bitcoin Classic 0.12.0 Paves Way for the Future

Bitcoin Classic version 0.12.0 has been officially launched with features that are compatible with Core version 0.12.0 with both the blockchain files and wallet functionality. This update, building upon Classic version 0.11.2, effectively increases the block size limit from 1 MB to 2 MB as well as provides additional features to improve the health of....

Ether Classic Surges to More-Than 4-Month High

The digital currency ether classic (ETC) surged more than 30% on 29th December, reaching its highest price in over four months. ETC, the signature token of smart contract-based platform Ethereum Classic, rose to as much as $1.46 during the session, a 31.5% increase from the currency’s opening price of $1.11, CoinMarketCap data reveals. Ethereum itself grew by as much as 13.7% today. Ethereum classic also benefited from a sharp increase in transaction activity, as 24-hour trading volume climbed above $7.6m, after falling below $500,000 at some points over the last week. Several market....