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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.

Bitcoin

Legendary bitcoin and crypto investor Charlie Shrem has predicted PayPal's stablecoin will "skyrocket" bitcoin and accelerate ethereum's timetable

‘Very Exciting'—Huge $5 Trillion Bitcoin And Ethereum Price Prediction Issued By Legendary Investor After Shock Bombshell

Bitcoin rebounded on Tuesday, following the news that Paypal was launching a USD stablecoin on the ethereum blockchain. The company hopes the move will bridge the gap between fiat and cryptocurrencies for all of its stakeholders. Ethereum was marginally higher today.

Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin

The latest price analysis by Coinidol.com report, the Ethereum (ETH) price has dropped to $1,802 after falling below the 50-day simple moving average (SMA).

Ethereum Threatens To Crash At $1,850

Shiba Inu

Ether (ETH), bnb (BNB) and cardano (ADA) were similarly little changed. Dogecoin (DOGE) and Avalanche blockchain's avax (AVAX) fell 1.5% to lead losses among major tokens.

Bitcoin, Ether Flat as PayPal USD Report Fails to Ignite Market; SHIB Finds Support

Transfers occur as outflows from exchange continue.

Huobi Receives $200M USDT, $9M Ether From Whale

An unknown person sent 2,500 ETH ($4.5 million) to a burn address, causing the coins to be effectively wiped out for no apparent reason.

Nd4.eth Burns 2,500 ETH ($4.5M) In Unexplained Move

Valkyrie is looking to change the investment strategy of its current Bitcoin futures ETF in order to cover Ethereum futures contracts as well, in order to launch ahead of rivals.

Valkyrie Amends Bitcoin Futures ETF To Include Ethereum Futures, Could Be First To Launch

Dogecoin

Major coins traded mixed on Monday evening as the global cryptocurrency market cap declined 0.3% to $1.2 trillion at the time of writing.

Bitcoin, Ethereum, and Dogecoin Trade Mixed as Investors Await Inflation Numbers: Analyst Shrugs Off King Crypto At $12K, Suggests 'Accumulate More If You Can'

One of the world's leading payments firms is making a new push into crypto with a brand new US dollar-backed stablecoin built on Ethereum (ETH). PayPal is unveiling PayPalUSD (PYUSD), a stablecoin that aims to keep a 1:1 peg with the US dollar. In a new announcement, PayPal says PYUSD is designed to improve payments.

PayPal Unveils New Dollar-Backed Stablecoin PYUSD Built on Top of Ethereum Network

A savvy trader has admitted to bagging $1.5 million worth of Ethereum after outsmarting a bot on non-fungible token (NFT) marketplace Blur. Pseudonymous trader Hanwe Chang said that he noticed someone using a bot to copy all of his trades on Blur, and formulated a plan to take advantage. As explained by pseudonymous trader A-Raving-Ape.

NFT Trader Nets 800 Ethereum (ETH) Worth Almost $1,500,000 After Executing Perfect Plan To Trick Bot

Bitcoin Cash

Dash

Bitcoin (CRYPTO: BTC) edged higher, with the cryptocurrency prices trading above the key $29,000 level on Monday. Ethereum (CRYPTO: ETH) also moved slightly higher, trading above the key $1,800 mark this morning.

Ethereum Edges Higher; Bitcoin Cash, Dash Among Top Gainers

Silicon Valley-based payments firm PayPal announced it is launching a U.S. dollar stablecoin in conjunction with Paxos.

PayPal launches stablecoin on Ethereum, citing ‘shift toward digital currencies'

Bitcoin started the week mostly flat, as market volatility remained near recent lows during today's session. Traders appear to be on the sidelines ahead of Wednesday's key inflation report from the United States. Ethereum mostly consolidated on Monday.

Bitcoin, Ethereum Technical Analysis: BTC Flatlines on Monday, as Market Volatility Continues to Fade

Observers in the crypto space were stunned when nd4.eth sent 2,500 ether ($4.5 million) to a burn address for currently unknown reasons.

Ethereum community baffled by mysterious $4.5 million ether burn incident

Curve DAO Token

Major cryptocurrencies experienced a mixed trading session on Sunday evening, as market attention turned towards the turmoil surrounding Curve Finance and its CRV token.

Bitcoin, Ethereum, Dogecoin Traded Mixed Amid CRV Hack Drama: Analyst Says King Crypto 'Screaming Up' As Halving Draws Near

Spotting a bot mimicking his trades, Hanwe Chang used the strategy against its owner to earn a huge premium.

NFT Trader Admits Nabbing $1.5 Million in Ethereum After ‘Elizab.eth' Gets Rekt on Blur

Traders are braced for mercurial billionaire Elon Musk to lob a grenade into the crypto market

Elon Musk Declaration Sparks Wild Speculation He Could Be About To Blow Up The Bitcoin, Ethereum, XRP And Dogecoin Price

The latest price analysis by Coinidol.com report, the Ethereum price (ETH) has resumed selling pressure after two weeks of being pinched by moving average lines.

Ethereum Is In A Gradual Downtrend As It Revisits The Low Of $1,700

A pair of Bloomberg exchange-traded fund (ETF) analysts think there's a 75% chance an Ethereum (ETH) futures ETF gets approved in the US this year. James Seyffart and Eric Balchunas say the odds of approval spiked amid a flood of Ethereum futures ETF application submissions to the U.S. Securities and Exchange Commission (SEC).

US Ethereum Futures ETF Has a 75% Chance of Approval in 2023 After Recent Flood of Applications, Analysts Estimate

Although Coinbase CEO Brian Armstrong did reveal that the SEC asked his exchange to delist all cryptocurrencies except Bitcoin.

This Week in Coins: Sparse News Extends Streak of Underwhelming Bitcoin and Ethereum Prices

Widely followed crypto analyst Benjamin Cowen says that one event could cause Ethereum (ETH) to plummet relative to Bitcoin (BTC). In a new interview with Crypto Banter host Ran Neuner, Cowen says that the ETH/BTC pair could drop by more than 50% from its current value of 0.063 BTC, worth $1,828.

One Catalyst Could Trigger Ethereum To Plunge 50%+ Against Bitcoin, Says Top Crypto Analyst Benjamin Cowen

Bitcoin started the weekend trading below the $29,000 level, as markets continued to react to the latest U.S. nonfarm payrolls (NFP) report. 187,000 jobs were added to the economy in July, less than the 200,000 markets had expected. Ethereum neared a multi-week low.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines on Saturday, as Markets React to Latest NFP Report

Cardano

Polygon

Solana

China's Hong Kong has issued the first licenses under its new crypto regime opening up crypto trading to the mass-market

China Just Made A ‘Significant' Game-Changing Move That Could Be About To Hit The Price Of Bitcoin, Ethereum, BNB, XRP, Cardano, Dogecoin, Tron, Polygon And Solana

The co-founders of the crypto analytics platform Glassnode are of the opinion that Ethereum (ETH) is set to go higher. Jan Happel and Yann Allemann, which use the Negentropic Twitter account, tell their 55,800 followers that Ethereum is likely gearing up to break out from its multi-month downtrend against Bitcoin (ETH/BTC).

Ethereum Gearing Up for a Spectacular Run, Predict Glassnode Co-Founders – Here Are Their Targets

Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it.

News for Ethereum Crypto (ETH)