Ethereum

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games. Ether is the native token for the Ethereum ecosystem.

The Ethereum blockchain is preparing a significant upgrade, called the Ethereum Merge, tentatively scheduled for Sept. 13-16, 2022.

The Merge reflects a shift in Ethereum’s protocol in which the blockchain will move from a “proof-of-work” to “proof-of-stake” system.

Miners validate transactions by solving complex calculations before a new block can be added to the chain. This is the mechanism that Bitcoin ($BTC) runs on.

Miners are replaced by “validators,” who stake the ETH they own to validate new blocks on the chain. Avalanche ($AVAX) and Solana ($SOL) are proof-of-stake.

The Ethereum Foundation reports that moving to a proof-of-stake model will reduce the blockchain’s energy consumption by more than 99%.

Ether ($ETH) is Ethereum’s native crypto asset, while Ethereum is the underlying blockchain. No disruptions to ETH are expected following the Merge.

Unlike Bitcoin, the founder of Ethereum is publicly known. Vitalik Buterin published Ethereum’s introductory paper in 2013 and launched the project in 2015.

The Ethereum blockchain was built to serve as a single source of truth backed by a public transaction database and to function as a platform for a variety of decentralized applications ranging from financial services to games.

The Ethereum Foundation

*This content is for educational purposes and is not investment advice.

Bitmine said its crypto, cash, and strategic holdings now total $12.3 billion, led by 5.39 million ether tokens. The company is also expanding its staking strategy through MAVAN, its institutional ethereum validator network. BitMine Controls 4.47% of Ethereum Supply With $12.

Tom Lee Backs Ethereum Supercycle as Bitmine ETH Holdings Reach 5.39M

BitMine Immersion Technologies Inc. (NASDAQ:BMNR) purchased 111,942 Ethereum (CRYPTO: ETH), saying the recent pullback is an attractive opportunity. ‘Alchemy Of 5%' Bitmine's Ethereum holdings climbed to 5.39 million ETH, worth $11.5 billion, giving the company control of roughly 4.47% of Ethereum's total circulating supply.

Bitmine Buys 111,942 ETH As Tom Lee Targets 5% Ethereum Supply Share In 2026

"We view the recent pullback of ETH to below $2,200 as an attractive opportunity," Bitmine Chairman Tom Lee said.

Bitmine capitalizes on Ethereum price drop, buys over 100,000 ETH as 5% supply goal nears

The company bought 111,942 ether last week worth $237 million, ramping up purchases to take advantage of ETH's drop below $2,200.

Bitmine made its largest ETH purchase this year despite Tom Lee's slowdown suggestion

Bitcoin

Dogecoin

Bitcoin trades around $77,000 as rising Middle East tensions weigh on sentiment. Bitcoin ETFs saw $105.2 million in net outflows on Friday, while Ethereum ETFs reported $6.7 million in net outflows.

Bitcoin Stuck At $77,000, Ethereum, XRP, Dogecoin Trade Sideways Without Peace Deal News

An onchain trader has abandoned a $100 million ether short position after absorbing a $260,000 loss and immediately reversed course, opening a leveraged 20x long bet on bitcoin worth $13.43 million.

Whale Dumps $100M ETH Short, Pivots to $13.4M Bitcoin Bet at 20x Leverage

Leading cryptocurrencies fell sharply overnight on Monday after the military said it carried out “defensive” strikes in southern Iran.

Bitcoin, Ethereum Flat, While XRP, Dogecoin Drops After US Strikes Iran: Analyst Says 'Difficult' For BTC To Sustain A 'Durable Rally'

The Ethereum-buying firm owns 3.8% of the digital asset's supply.

Tom Lee Outlines Liquidity Catalyst for Ethereum Firm BitMine Following Russell Index Update

Buterin revealed that 90% of his net worth is tied up in Ethereum.

Vitalik Buterin Signals Shift to 'Smaller Ship' at Ethereum Foundation Amid Departures

Buterin's influence in the EF will decrease as the board expands. He framed the EF as "one node, with a defined purpose," not the center of Ethereum.

Buterin says Ethereum Foundation will shrink, sell less ETH, and focus on 'CROPS'

Bitcoin held near the $77,000 region as easing geopolitical tensions surrounding U.S.-Iran negotiations helped crypto sentiment recover toward neutral territory; around $224.3 million in crypto liquidations were record ed over the past 24 hours. Bitcoin ETFs saw $105.2 million in net outflows on Friday, while Ethereum ETFs reported $6.7 million in net outflows.

Bitcoin, Ethereum, XRP, Dogecoin Hold Ground As Traders Watch For Reversal Zones And Re-Entry

A tracked onchain wallet has opened a 23x leveraged short position on ether worth $100.33 million via Hyperliquid, with the trade facing automatic liquidation if ETH climbs just $41 from its entry price.

Trader Opens $100M ETH Short at 23x Leverage on Hyperliquid With Liquidation Just 2% Away

Facet's Tom Lehman pitched EIP-8182 for inclusion in Ethereum's Hegota upgrade, aiming to bring native private transfers to the network.

Facet co-founder pitches EIP-8182 private transfers for inclusion in Ethereum's Hegota upgrade

Ethereum co-founder Vitalik Buterin has flagged a structural vulnerability in the network's transaction infrastructure, warning that smart contract wallets and privacy protocols remain dependent on third-party intermediaries just to get their transactions included onchain. The Problem With Relays Smart contract wallets (i.e.

Vitalik Warns Ethereum's Smart Wallets Have a ‘Relay' Problem Ahead of Major Upgrade

Leading cryptocurrencies paused gains, while stock futures surged on Sunday after President Donald Trump urged officials not to rush into a deal with Iran.

Bitcoin, Ethereum, XRP, Dogecoin Flat Amid Iran Deal Uncertainty: Crypto Commentator Says 'Everyone's Bearish' On ETH, But Data Isn't

Vitalik Buterin laid out a direct case on Sunday for why the Ethereum Foundation must become a leaner, more opinionated organization focused on the properties that set Ethereum apart.

Vitalik Buterin Reveals 90% of His Net Worth Sits in ETH Amid Foundation Overhaul Plans

Buterin said the EF is choosing "longevity over breadth," selling less ETH and focusing exclusively on Ethereum's "CROPS" properties.

Vitalik Buterin says Ethereum Foundation will be a ‘smaller ship,' sell less ETH amid researcher exodus

As the Ethereum Foundation undergoes restructuring, a debate on social media is pitting industry figureheads against one another to discuss the state of Ethereum and how it might be “saved.” Dankrad Feist, an Ethereum developer, proposes the rise of an organization “economically aligned” with the project.

A $1 Billion Fix for Ethereum? Dev Proposes a Radical New Organization to Save ETH

Zcash

Hyperliquid

Pseudonymous onchain trader ‘Evaded' has closed all long positions across HYPE, ZEC, and ETH for a combined $4.6 million profit. He then immediately opened a 990- bitcoin short position worth $74.84 million on Hyperliquid. The Flip: From Bull to Bear Evaded exited long positions in HYPE, ZEC, and ETH, locking in a combined $4.

Trader Books $4.6M Profit on HYPE, ZEC, and ETH Longs Then Opens a $74.84M Bitcoin Short

A solo ethereum wallet offloaded 20,000 ETH worth $41.18 million at $2,059 in under an hour, adding fresh selling pressure to an asset already contending with ten consecutive days of spot ETF outflows. ETF Outflows Add to the Pressure A large ethereum holder (identified as wallet 0xB4d3) sold 20,000 ETH valued at $41.

Ethereum Whale Dumps 20,000 ETH for $41.18M in a Single Hour as $2,000 Support Emerges

BlackRock's IBIT now holds $61.1 billion in net assets against $64.8 billion in cumulative inflows, a difference of roughly $3.7 billion.

Spot bitcoin ETFs shed $1.26 billion in worst week since late January as ether funds see 10-day outflow streak

A Hyperliquid trader known as ‘Evaded' has booked over $7.5 million in profit from two positions in less than four days, most recently rolling back into the market with a $38.63 million ether long carrying 25x leverage. ZEC and HYPE Gains Turn Into a $38.

Trader Banks $7.5M in Four Days on ZEC and HYPE Longs, Now Opens $38.6M ETH Position at 25x Leverage

An attacker transferred 4,052.4 ETH worth $8.5 million back to Verus on Friday after the team proposed a bounty framework.

Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst

Resources will be redirected to focus on growing Zerion's API and wallet service, the team said in a Thursday statement.

Ethereum Layer 2 Zero Network to wind down, joining string of protocols shuttering operations

Leading cryptocurrencies moved sideways, while stocks rose further on Thursday, as traders pinned their hopes on an Iran ceasefire. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:10 p.m.

News for Ethereum Crypto (ETH)