Published On: Sun, Jun 25th, 2017

Ethereum Wars: Classic Posts Only Gains, Surfs All-Time Highs As Congestion Plagues ETH

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Ethereum Classic (ETC) has bucked the general downtrend across cryptocurrencies to rise almost 15% against Bitcoin in 24 hours.
ETC Surfs All-Time Highs, BTCC Unveils New Exchange
The Ethereum fork, which has been gaining increasing publicity in recent months, was the only asset in the top ten to post positive performance in USD as a Bitcoin slide caused many others to drop.
At press time, ETC was trading around $23 per coin according to Coinmarketcap averaged exchange pricing. The price is only around $1 away from the all-time highs seen earlier in June.
While confusion initially reigned as to why ETC had suddenly shot up against Bitcoin, Chinese exchange BTCC’s announcement that it would shortly open its BTC/ETC trading pair on a new platform coincided with the uptick.

We’re launching a new #cryptocurrency exchange BTCC DAX. Sign up and deposit June 26, trade #ETC/#BTC on June 27!
— BTCC (@YourBTCC) June 25, 2017

In response to user demand via a survey, BTCC confirmed that it would add ETC to its basket of currencies but that it had not given a concrete roadmap for its introduction or any further details.
Now, BTCC DAX is set …

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