Ethereum Classic rose by almost 40%

Cryptocurrency Ethereum Classic showed a notable price jump by 39,86% within past week
09 November 2017   1116

Ethereum Classic (ETC), a cryptocurrency which currently takes 11th place in top coins list ranked by market capitalisation was moving in a positive direction during last 7 days, rising by almost 40%. At the moment of press, the coin has a market capitalisation of $1,3 billion and is traded at $14 price, although the beginning of week was marked by not very high price of less than $10.

Ethereum Classic Charts November 2017Ethereum Classic Charts

Ethereum Classic faced some ups and downs during past several month, for instance in July 2017 it marked an all-time-high of about $23 and jumped by 25% in the end of August, nevertheless September was not so successful for the currency as its price fell down to $10.

The recent growth of the coin might be connected to the upcoming Ethereum Classic Summit which is due to occur on November 13 and 14 of 2017 in Hong Kong where a huge amount of ETC developers, stakeholders and partners will appear.

In October, a multi-currency wallet Exodus added Ethereum Classic support in its new version. Moreover, November 2 was marked by the announcement of a new version of Emerald Wallet, which is a major project designed to enable building of decentralized apps on Ethereum Classic blockchain without reinventing the whole architecture.

Also, at the same day, some security improvements were claimed to be made via Ethereum Commonwealth development update.

What might have also influenced the ETC price jump, is that OKEx, a popular Chinese exhange, announced the launch of ETH and ETC Futures on November 6.

What is more, the announcement that ETC has not been affected by the recent Parity multisig hack, has appeared in the official twitter of Ethereum Classic, which also brings positive news to the coin holders.

Thuswise, it is encouraging to see Ethereum Classic moving upwards and it is possible to assume that it might keep its positions high in the future.

Emerald 1.0 Ethereum Classic Wallet Released

Version 1.0 of this ETC wallet contains a lot of cool new features
26 June 2018   228

The Ethereum Classic team presented the first full version of the Emerald (v 1.0) wallet.

From the previous alpha and beta versions, the new release features a number of new features. This includes, in particular, the transaction history, the calculation of the balance in the account in the currency, the notification of updates and the dialog box in the presence of network errors.

Emerald Wallet
Emerald Wallet

The launch of the mobile version of Emerald Wallet is scheduled for 2018. Check GitHub for more info.