THELOGICALINDIAN - Ethereum Classic ETC is the additional bestperforming cryptocurrency Saturday as 15 amount increases announce the Ethereum Classic Summit
Ahead of the event, which takes abode November 13-14 in Hong Kong, ETC accomplished multiweek highs of over $18 and is currently ambit $16.90, cross-exchange abstracts from Coinmarketcap shows.
The uptick puts the altcoin abaft alone Bitcoin Cash in agreement of circadian growth, as the top 50 cryptocurrencies all see losses.
Bitcoin itself has dropped over $1300 back SegWit2x proponents alone affairs for a adamantine angle abutting week. Additional advancement and advance in Bitcoin Cash accept apparent the battling alternation ability its accomplished ethics ever, currently trading abutting to $1050.
ETC’s conference, hotly accessible by the Ethereum chain’s community, will meanwhile draw in above Bitcoin Cash apostle Jihan Wu as a speaker, forth with added high-profile cryptocurrency industry figures.
Ethereum co-founder Charles Hoskinson and BitMEX co-founder Arthur Hayes will accompany ETC’s capital proponent, Digital Currency Group CEO Barry Silbert.
Silbert had vocally acquainted the coin on amusing media until contempo months, back his accommodation to abjure from Twitter debating in accurate confused customer focus abroad from ETC and appeared to accompany with a abatement in price. Now, it seems, he is already afresh singing the coin’s praises.
In appointment month, however, change is in the air. OkEx, the all-embracing sister of Chinese barter Okcoin, announced it would barrage both ETC and ETH to Bitcoin Cash futures aftermost week.
Momentum is angled to abide in the abbreviate term, with fizz on amusing media absorption on mid-term amount assets as ETH charcoal adamant by Parity wallet’s additional funds loss.
ETC accepted that none of its wallets had been compromised as a aftereffect of Parity’s coding vulnerability, which saw ETH account about $300 actor accidentally get bound out of ability of investors.
“Neither the July 19th drudge nor the November 7th drudge affects the Ethereum Classic blockchain,” developers wrote in a post on November 7.
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Images address of Ethereum Classic, CoinMarketCap