Bitcoin News

Altcoin News

Crypto Heatmap



Video

Ethereum Classic on Fast Track to Recovery Above Ichimoku Cloud

It’s https://www.investdiva.com/ ‘s Kiana with News BTC and here is your cryptocurrency update. Ethereum Classic has been aggressively making its way back towards the all-time-highs of $47.37 versus the USD. On Monday, it broke above the daily Ichimoku cloud in one strong bullish move, testing the resistance level of $39.60 and the 23% Fibonacci retracement level. If it is able to break above this level on Tuesday, we could see the potential of reaching new highs in the coming days. Ethereum Classic is a split from Ethereum. It’s is an open-source, public, blockchain-based distributed computing platform featuring smart contract functionality. Both blockchains are identical in every way up until block 1,920,000. That’s where there came a hard-fork to refund The DAO token holders. The DAO is short for distributed autonomous organization, which raised $150m in ether earlier this year during a public crowdsale.However, the DAO was hacked, attacked or otherwise compromised as the votes were getting in. The ethereum community eventually held a vote, with the majority of participants agreeing that they wanted to change ethereum’s code to get the funds back to investors – and away from the attacker. People who were opposed to the hard fork decided to stick with the original chain calling it “Ethereum Classic.” Now while Ethereum has risen a lot higher in terms of value compared to Ethereum Classic, the latter appears to be on a faster track to recovery from the losses earlier this month. Thanks for watching, invest responsibly, and I’ll see you with more updates tomorrow.

Related Videos

Subscribe to our newsletter

Or Subscribe using

Upcoming Events

2018
21 Feb

Blockchain & Bitcoin Conference

Switzerland. https://switzerland.bc.events
05 Mar

2ND ANNUAL FINTECH WEEK TEL AVIV

Tel Aviv
06 Mar

Blockchain & Bitcoin Conference Thailand

Bangkok, Thailand. https://thailand.bc.events/
08 Mar

Blockchain Summit Zurich

Hilton Zurich Airport, Hohenbühlstrasse 10, 8152 Opfikon, Switzerland. http://conferences.unicom.co.uk/blockchain-zurich-2018
13 Mar

Battle of the Cryptos

New York City, USA. https://www.battlecryptos.com
15 Mar

Robotics and Analytics in Finance Summit

Prague, Czech Republic - http://cw-summit.com
15 Mar

4th annual Block Chain Finance & Fin-Tech China Event

Shanghai
17 Mar

CoinAgenda Caribbean

La Concha Renaissance San Juan Resort, 1077 Avenida Doctor Ashford, San Juan 00907, Puerto Rico
20 Mar

TOKEN2049

Hong Kong - https://www.token2049.com
21 Mar

CryptoCurrency World Expo –Berlin Summit

Berlin

ICO Calendar

2018
21 Feb

AdHive

Adhive is the first platform that fully automates ad placement with in..
21 Feb

Play2Live

Play2Live is blockchain-based streaming platform for gamers and eSport..
21 Feb

Taylor

Taylor is a smart cryptocurrency trading assistant - an easy-to-use tr..
24 Feb

Crypto Angel

CryptoAngel is a virtual life assistant based on a powerful AI models,..
24 Feb

EPOS

Epos is The EPOS-Team has developed a special high-frequency-trading-p..
25 Feb

GISC LoanCoin Network

GISC LoanCoin Network is a utility token based lending and borrowing p..
26 Feb

Healthureum

Healthureum offers innovative blockchain based solutions to tackle hea..
26 Feb

PlayHall

The PlayHall platforms main feature is that it combines popular multi..
27 Feb

iPRONTO Coin

iPRONTOs middleman platform is a global avenue for any investor to in..
28 Feb

BlockMesh

Mesh technology is a telecommunications system that can work outside o..