ETC stands for Ethereum Classic, which is a decentralized, open-source blockchain platform that runs smart contracts. Here's a brief overview:
*Key Features* 1. *Decentralized*: ETC operates on a decentralized network, meaning no single entity controls it. 2. *Open-source*: The ETC codebase is open-source, allowing developers to review, modify, and distribute it. 3. *Smart contracts*: ETC supports the creation and execution of smart contracts, which are self-executing contracts with the terms of the agreement written directly into code. 4. *Blockchain*: ETC uses a blockchain data structure to record transactions, ensuring a secure, transparent, and tamper-proof ledger.
*History* ETC originated from a hard fork of the Ethereum (ETH) blockchain in 2016. The fork occurred due to a disagreement within the Ethereum community regarding how to handle a significant hack that resulted in the theft of millions of dollars' worth of Ether.
*Differences from Ethereum* While ETC shares many similarities with Ethereum, there are some key differences:
1. *Immutability*: ETC prioritizes immutability, meaning that once a transaction is written to the blockchain, it cannot be altered or deleted. 2. *No hard forks*: ETC has a more conservative approach to upgrades, preferring to avoid hard forks whenever possible. 3. *Different development roadmap*: ETC has its own development roadmap, which may diverge from Ethereum's roadmap.
*Use cases* ETC can be used for various purposes, including:
1. *Smart contracts*: ETC's smart contract functionality enables the creation of decentralized applications (dApps) for various industries, such as finance, supply chain management, and gaming. 2. *Decentralized finance (DeFi)*: ETC can be used for DeFi applications, such as lending, borrowing, and trading. 3. *Non-fungible tokens (NFTs)*: ETC supports the creation and trading of NFTs, which represent unique digital assets.#MtGoxTransfers #MarketPullback #MtGoxTransfers $BTC $ETH $BNB
🚨 $ETH /USDT Price Update & Market Signal 🚨 #Ethereum ($ETH ) is currently trading at $2,147.01, showing a -6.06% decline in the last 24 hours. The price has dropped significantly from the 24h high of $2,319.99, hitting a low of $2,101.82.
🔹 Technical Overview: • The 1-hour chart shows a sharp price rejection from the $2,320 resistance, leading to a strong sell-off. • A brief bounce from the $2,100 zone suggests some buying interest at lower levels. • Increased volume on the recent drop signals potential high volatility ahead.
📉 Signal & Market Outlook: • Support: $2,100 – This level needs to hold to prevent further downside. • Resistance: $2,200 & $2,320 – A break above $2,200 could lead to a retest of higher levels. • Bearish Bias: If #ETH fails to reclaim $2,200, further downside towards $2,050 or lower is possible. • Bullish Reversal: ETH must reclaim $2,200+ with strong volume to signal a recovery.
⚠️ Trading Advice: • Short-term traders may look for scalping opportunities around the $2,100–$2,200 range. • Swing traders should watch for a confirmed breakout above $2,200 or breakdown below $2,100 before making a move.
The 'Navigator of the Cryptocurrency Sea, A Participant of Five Years' Experience' Skilled in deconstructing the market from the perspective of long and short strategies, adept at utilizing various indicator strategies, accurately warned before the plunge on May 19, and captured a 10x contract opportunity during the rebound on March 12.
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As of March 5, 2025, Bitcoin (BTC) is trading at approximately ₹7,613,803.42 in India, reflecting a 0.46% decrease over the past 24 hours.
Globally, Bitcoin has experienced a significant surge, reaching $88,465 on March 5, 2025, marking a 1.9% increase from the previous day.
This upward trend is part of a broader cryptocurrency market rally, with major cryptocurrencies like Ethereum, Solana, and XRP also posting gains. #BTC☀ #Write2Earn
🎈During the Chinese New Year, there was no special market and the update frequency was reduced. There are many early basic teachings in the referenced articles. Take a look when you have nothing to do... Do trading without asking for help! I wish everyone a happy new year🎆#BTC
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Continuous research: Before investing in any cryptocurrency, it is advisable to conduct in-depth research and understand the project and the technology behind it.
Risk management: Due to the market volatility, a clear risk management strategy should be established, such as setting a specific percentage of the portfolio to invest in cryptocurrencies.
Follow the news: News and regulatory developments greatly affect the prices of cryptocurrencies, so it is advisable to follow the developments regularly.
In conclusion, the cryptocurrency market is a dynamic field that requires investors to stay informed and make informed decisions based on available analysis and research. $BNB
Binance Coin (BNBUSD) is benefiting from some support - Analysis - 01-22-2025
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The price of Binance Coin (BNBUSD) advanced during its recent trading at the moment levels, after it relied earlier on a major short-term upward trend line, which gained it some positive momentum that helped it achieve those gains, especially with the beginning of the appearance of a positive intersection with the relative strength indicators, after reaching oversold areas, so that the price tries with its recent rise to get rid of the negative pressure of the previous 50-day simple moving average.
Therefore, our expectations indicate further rise in the price of the currency during its upcoming trading, as long as the support level of $649.90 remains stable, targeting the pivotal resistance level of $794.3.
The expected direction for the upcoming trading: Upward $BNB
"Bitcoin Hits Record High Amid Regulatory Shifts and Political Influence?"
1. Bitcoin reached a record high of $109,071 on Monday, driven by the inauguration of President Trump, who has expressed support for cryptocurrencies.
2. Despite the record high, Bitcoin's price fell after it was not included in the initial regulatory actions by the U.S. government on Day One.
3. Bitcoin rebounded and rose by 3.8%, reflecting market optimism despite the initial disappointment over the regulatory exclusion.
4. Ethereum, the second-largest cryptocurrency, saw a gain of 1.4% during the same period, contributing to the positive momentum in the broader market.
5. The U.S. markets regulator, likely the SEC, unveiled plans to overhaul cryptocurrency regulations, signaling a potential shift in how the sector will be governed.
6. The cryptocurrency market experienced volatile, choppy trading as investors reacted to these developments and adjusted their expectations.
7. The market's fluctuations highlight the strong influence of political events, such as presidential inaugurations, on the prices and perception of cryptocurrencies.
8. The market continues to adjust as both regulatory and political factors shape the future of digital assets like Bitcoin and Ethereum. (Always DYOR)
$TRUMP Trend line pivot, buy 1. Daily K-line deceleration section in the rising trend 2. Daily K-line consolidation section in the falling trend Trading does not care about the amount of principal. When you really understand and have the ability, the amount of capital is not a problem. Even if you only have 10,000 yuan, your talent comes out or you understand it, you only need one year to make 1 million in the future. When you have not really understood it, try to use the smallest amount of capital. #BTC再创新高
#BTC_ON_BINANCE #BINACE #BANK_CRYPTO #TRADER 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑 • Buy Low 📉, Sell High 📈: Always grab Bitcoin when prices drop and sell when they rise for maximum profit. Timing is key! ⏰💹 • HODL 💎🙌: Hold onto your Bitcoin long-term if you believe in its future value. Patience pays off! 🕰️💰 • Day Trade ⚡🤑: Jump into quick trades to capitalize on small price changes. Be fast and smart! 🏃♂️💸 • Watch the Fees 💵❌: Transaction fees can eat into your profit. Use low-fee platforms to save money. 🪙💳 • Track Your Gains 📊📱: Use apps or calculators to monitor your profits and stay organized. A clear view helps you grow! 🌟📈 • Stay Updated 📰🌐: Follow news, trends, and market changes to make informed decisions. Knowledge is power! 💡💼 • Diversify 🌍📈: Don’t put all your funds in one coin. Spread investments for better security. 🛡️🪙 ⚠️ Remember: Crypto is volatile 🎢, but with smart strategies and a steady hand, you can win big! 🤑✨ REGARDS Bank Crypto