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Category: Ethereum News

Crypto Leaders at Ripple, Litecoin and Dogecoin React to Ongoing 51% Attack on Ethereum Classic | The Daily Hodl

marketingscoopsLeave a Comment on Crypto Leaders at Ripple, Litecoin and Dogecoin React to Ongoing 51% Attack on Ethereum Classic | The Daily Hodl

The Ethereum Classic (ETC) blockchain is currently under a 51% attack.Coinbase says it has detected double spends that amount to 88,500 ETC, worth about $460,000. “On 1/5/2019, Coinbase detected a deep chain reorganization of the Ethereum Classic blockchain that included a double spend. In order to protect customer funds, we immediately paused movements of these funds on the ETC blockchain. Subsequent to this event, we detected 8 additional reorganizations that included double spends, totaling 88,500 ETC (~$460,000)”

Source: Crypto Leaders at Ripple, Litecoin and Dogecoin React to Ongoing 51% Attack on Ethereum Classic | The Daily Hodl

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Ethereum Price Analysis: ETH Nosedived, More Declines Likely | NewsBTC

marketingscoopsLeave a Comment on Ethereum Price Analysis: ETH Nosedived, More Declines Likely | NewsBTC

Yesterday, we saw a solid support near the $144-146 zone for ETH price against the US Dollar. The ETH/USD pair recently failed to break the $150-151 zone and a bearish trend line. It resulted in a sharp bearish reaction and the price declined below the $146 and $144 supports. Sellers gained control and pushed the price below the $130 level. There was even a close below the $130 level and the 100 hourly simple moving average. A low was formed near $122 and later the price started consolidating losses

Source: Ethereum Price Analysis: ETH Nosedived, More Declines Likely | NewsBTC

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