ZClassic ZCL

Market Cap $ 5.616 MM (#342)
24h Volume $ 16.150 K
Chg. 24h: -0.39%
Algo. score 3.6/5  (#149)
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ZClassic News

Zclassic Review: Introduction to ZCL Token

What is Zclassic? Zclassic resulted from a fork of the Zcash blockchain, which was led by Rhett Creighton. The fork removed Zcash’s 20% founder’s reward and its slow start feature. Creighton’s reason for forking was because he saw the latter coin’s 20% founder fee rather unfair, as it would lead to whales controlling the prices, […]

2 days ago

Crypto Market Update Jan.1: New Year, New Hope? An Extended 2019 Market Overview & Forecast

2018 is over and whoever had expected a bullish year like 2017 turned to be very disappointed. The good news is that, as of now, the sharp November declines are gone, while the market stabilizes above $3600. 2018 has ended recording an annual low at $ 3100, while the low of 2017 was $770. To sum it up, despite the declines and the investors who suffered from the enormous losses, Bitcoin is still considered a profitable investment in a yearly overview. 2018 Short Summary with a Glance to 2019 The hype around Bitcoin in the mainstream media had calmed down, while the media is trying to distinguish between Bitcoin and the blockchain technology. The media sees blockchain technology for years, unlike Bitcoin. Only history will tell which narrative is correct. Stable Coins: 2018 was the year of stable coins, as the market discovered the need for liquidity and tokens backed by Fiat, which can expand the crypto trading options and increase liquidity. Utility vs. Security: The SEC, which usually has bad news for the crypto space, determined that Bitcoin and Ethereum are not securities, as opposed to the vast majority of ICOs. Social networks against crypto: During the past year, Facebook and Google had disapproved crypto advertisements. Recently, it was published that Facebook will launch its own cryptocurrency. Was this a coincidence? Bearish Bitcoin: The market is still waiting for Bitcoin to enter the last market cycle, known as capitulation. No one knows of course if we haven’t already seen the lows. Altcoins are rising against BTC: it appears that some altcoins such as Ethereum and Ripple, are showing a change in sentiment against Bitcoin, which gives traders an optimistic feeling for the beginning of 2019. We will remember 2018 as a difficult year for Bitcoin’s price, while on the other hand, an excellent year for Bitcoin infrastructure developments such as the Lightning Network. We expect for 2019 that regulations will continue to tighten around the crypto ecosystem. Everything we knew about ICOs has already changed, and the crypto fundraising is likely to enter a more controlled system like securities. Forks are less popular: The hard-forks trend from past winter is now less popular. However, Ethereum is expecting some future hard forks during January. Bitcoin ETF: So far the SEC had declined all tryouts to approve a Bitcoin-based ETF. However, some analysts hope to see a final approval during the new year. Global Financial Crisis: The stock markets have begun a deep correction that will likely to affect the crypto markets as well. Opinions on the directions are divided to both sides. And lastly to this coming year’s forecast, altcoins such as EOS and Telegram are still in their early-stage development, and many see spotlights on them in 2019. Crypto News Trezor and Ledger Respond to Claims Their Crypto Wallets aren’t Secure. Two of the most secured hardware crypto wallet providers, Trezor and Ledger, have responded to a recent research paper that claimed the companies’ wallets are prone to vulnerabilities. Vitalik Buterin: Bitcoin Is “genuinely Cool Tech,” Bitcoin Sv Is “pure Dumpster Fire.” Ethereum co-founder has once again in his tweet, blasted one of the bitcoin cash hard fork coins, Bitcoin SV, stating that the new cryptocurrency is completely a “pure Dumpster Fire.” Bitcoin Lightning Network Triples Capacity Since November. Lightning Network, a payment solution to the bitcoin scalability problem, has reached a new milestone after exceeding 500 BTC on Dec. 25, 2018, which translates to a 200% growth within the last six weeks. How will the Creation of 2 Million Illegitimate Bitcoin Private (BTCP) Affect the Future of the Bitcoin’s Descendant? Bitcoin private (BTCP), a hardfork coin from Bitcoin and Zclassic, has been caught up in a controversy for creating 2 million additional coins behind closed doors which were part of the project’s white paper. Electrum Wallet Hacked: Over $900K Got Stolen in a Phishing Attack. Cryptocurrency theft continues to be a significant challenge, and the latest is an Electrum wallet hack which led to the loss of more than $900k worth of crypto. Bakkt Completes a Successful $182.5 Million First Funding Round. Bakkt, an ecosystem which aims to bring more institutional investors into the crypto space, has reportedly raised $182.5 Million in its first funding round. Chart Analysis This week we have chart analysis of Bitcoin, Ethereum, Bitcoin Cash and Zcash - Read more here. The post Crypto Market Update Jan.1: New Year, New Hope? An Extended 2019 Market Overview & Forecast appeared first on CryptoPotato.

17 days ago

Bitcoin Private (BTCP)…Privately Pre-Mined 2 Million Coins for Its Founders

The creator of altcoin Bitcoin Private (BTCP) was battling accusations his project was a “scam” December 24 after an investigation revealed over 2 million ‘secret’ coins. Coinmetrics: There Are 2.04M ‘Extra’ BTCP BTCP , a so-called “fork merge” of the Bitcoin and ZClassic blockchains, fell 20 percent after research group Coinmetrics published the information Sunday. After analyzing the BTCP...

a month ago

Happy to announce that Zclassic is live on Delta Direct! All...

Happy to announce that Zclassic is live on Delta Direct! All the latest ZCL updates will now be directly available… https://t.co/X0QA43xXra

3 months ago

Anon (ANON) To Take Snapshot of ZCL and BTC Balances, Users to Receive Free ANON Tokens

The ANON team has announced that it will take the snapshot of ZClassic (ZCL) and Bitcoin (BTC) balances on Monday, September 10, at 9 PM EST. In a post on Twitter, the team said the holders of BTC and ZCL would receive Anon (ANON) tokens after the snapshot is taken. The announcement comes in the wake of a recent hard fork on ZClassic network. The hard fork has failed to improve the price of ZCL. Data shows that the coin has shed over 38% of its value, dropping from about $8 to $5 in the past 7 days. (VK)

4 months ago

Zclassic(ZCL) has been chosen to participate in the OKEx com...

Zclassic(ZCL) has been chosen to participate in the OKEx community voting. We would love the support of the communi… https://t.co/Nz8paFONQe

5 months ago

ZCL is forking to ANON and is being supported by many wallet...

ZCL is forking to ANON and is being supported by many wallets and exchanges. @ANON_WeAreANON ZCL is being taken o… https://t.co/Culj6RsB5E

5 months ago

Focus on adoption, not price.

I get it - a lot of us are concerned about the value of BTCP. Most of us bought an overly inflated ZCL as an investment and are eager for it to pay off. However, the price you see on exchanges right now is a bad estimate of the true value due to the low volumes. What we need to focus on is further adoption by the crypto community at large. If someone hears about Bitcoin Private and comes to this sub to find a full front page of posts whining about price, it makes BTCP look like a shitcoin with a community trying to manipulate the value. Let's focus on posts discussing technical merit, why you believe BTCP is a better privacy coin, etc. Be patient and let the price settle where it will over the next few months....

10 months ago

News courtesy of berminal.com
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