Classic Bitcoin Buy Signal Returns: Are Miners Hinting The Next Accumulation ...
Bitcoin is trading at a decisive moment, holding just above the $90,000 mark after several days of tight consolidation. Despite reclaiming this key level, the market continues to struggle with upward momentum, leaving traders uncertain about the next major move. Yet beneath the surface, a key on-chain indicator has triggered fresh interest among analysts. According […]
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In a post shared on X by UniChartz, it was noted that Ethereum (ETH) has developed a well-defined bullish structure, characterized by a series of Higher Highs (HH) and Higher Lows (HL), a classic signal of upward momentum. However, after this upward move, ETH has now entered an accumulation phase just below a key resistance […]
An interesting proposal has surfaced on Reddit, detailing how Bitcoin should be used as it was originally designed and envisioned by Satoshi Nakamoto. That in itself is nothing new, but the idea of crowdfunding Bitcoin Classic miners for every block they mine on the network is something else entirely. If this concept came to fruition, there would be a....
Just because mining pools give individual miners the ability to choose Bitcoin Core and Bitcoin classic, does not mean they will be switching over in droves all of a sudden. That statement is only reinforced by the F2Pool mining statistics, as only a small portion of miners have diverted their hashpower to Bitcoin Classic. This begs the question as to whether Bitcoin miners care enough about the difference between both solutions to risk their steady earnings or not. Bitcoin Miners Are Not Too Bothered. Reaching a consensus on whether or not to implement the Bitcoin Classic block size....
While some miners are attacking Ethereum Classic, the spin-off blockchain based on the consensus and protocols of the original Ethereum blockchain continues to gain support. After miner Chandler Guo announced he and other miners plan to attack Ethereum Classic Tuesday, Bill Shihara, CEO of Bittrex, a cryptocurrency exchange, contacted CCN express his skepticism about the miners’ attacks. Guo said he, assisted by other miners, will 51% attack Ethereum Classic as soon as possible. Guo said that they would isolate any block so that transactions cannot be confirmed, which was necessary because....
ETC price appears to be getting a boost from its scheduled "fifthening" next month. Ethereum Classic (ETC) price climbed on March 22, ignoring a deadly "death cross" on the weekly chart, as traders raised their bets on its potential to become a haven for miners fleeing the rival Ethereum blockchain. ETC's price jumped over 15.5% to reach $44 a token for the first time since Dec. 9, 2021. The coin's intraday gains came as a part of a broader rebound move that saw its price rallying more than 75% eight days after bottoming out near $25.ETC/USD daily price chart. Source: TradingViewMost of....