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.

Ether surges, trading close to its record again after Powell speech teasing rate cuts

Bitcoin

Federal Reserve Chair Jerome Powell on Friday used his Jackson Hole speech to acknowledge rising risks to U.S. employment, signaling the central bank may be preparing to shift its policy stance. What Happened: His remarks marked the clearest indication yet that future rate cuts are possible if labor market weakness deepens.

Bitcoin, Ethereum Surge As Jerome Powell Signals Potential Policy Adjustment At Jackson Hole

Ethereum is trading at $4,642 per coin as of 11 a.m. Eastern time Friday, with futures and options data showing significant growth in open interest and overall positioning. Traders Boost ETH Options Calls as Futures Open Interest Nears $66B According to Coinglass figures, ethereum futures open interest across exchanges now totals $65.

Ethereum Tops $4,600 as Derivatives Markets Hit Record Levels

Ethereum (CRYPTO: ETH) has outperformed Bitcoin (CRYPTO: BTC) over the past month, rallying 17% while BTC dropped 5%. What Happened: Crypto trader CJ stated that he had originally planned to bid on an Ethereum pullback, with invalidation below recent lows.

Ethereum Traders Eye 'Swing Longs' As ETH Outperforms BTC

SharpLink Gaming authorized a $1.5 billion stock buyback to cushion its NAV as the ETH treasury firm continues aggressive accumulation.

SharpLink shares rise 10% as Ethereum treasury firm authorizes $1.5 billion stock buyback

Bitcoin (BTC) bounced off the $111,800 support level on Friday, sharply rising by 2.6% to $114,800 after Federal Reserve chairman Jerome Powell hinted at potential rate cuts during a speech at Jackson Hole.

Bitcoin and Ether's Swift Spike Prompts $375M in Crypto Futures Liquidations

Shares of ETHZilla (ETHZ), formerly known as biotech firm 180 Life Science, fell nearly 30% Friday after the company disclosed that shareholders filed to offer up to 74.8 million convertible shares.

ETHZilla Shares Plunge Almost 30% as Dilution Fears Overshadow $349M Ether Treasury

The central bank chairman has been under pressure from the White House to cut the rate.

Ethereum, Bitcoin Spike After Powell Signals Interest Rate Cut

Bitcoin ETFs have been stuck with five days of outflows amid de-risking environment, but experts suggest overall outlook remains bullish.

Bitcoin ETFs Shed $1 Billion in Five Days Amid Ethereum Comeback

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index.

CoinDesk 20 Performance Update: Bitcoin and Ethereum Trade Flat as Index Drops 1.1%

Dormant Bitcoin (CRYPTO: BTC) whales are springing to life, shifting capital into Ethereum (CRYPTO: ETH) as traders bet on stronger performance from ETH. What Happened: On-chain data from Lookonchain revealed that a Bitcoin whale, who received 100,784 BTC ($642 million) nearly seven years ago has resurfaced, offloading BTC to buy 62,914 ETH ($267 million) spot and opening a 135,265 ETH ($577 million) long position.

Why Are Dormant Bitcoin Whales Rotating Into Ethereum Ahead Of Powell's Jackson Hole Speech?

DBS Bank has announced the expansion of its blockchain capabilities by tokenizing structured notes on the Ethereum public blockchain, making them accessible to eligible investors through three digital investment platforms. This marks DBS's first token distribution, featuring crypto-linked structured notes that allow non-DBS clients to access this asset class via the bank's digital asset ecosystem.

DBS Expands Blockchain Capabilities by Tokenizing Structured Notes on Ethereum for Wider Investor Access

Global markets are fixated on Federal Reserve chair Jerome Powell's address at Jackson Hole today, a speech expected to influence both the near-term policy outlook and investor sentiment. What Happened: The Fed has held borrowing costs steady for five consecutive meetings despite pressure from President Donald Trump to cut rates more aggressively, and probabilities for a September move have shifted lower in recent days.

Bitcoin, Ethereum On The Edge Ahead Of Jerome Powell's Jackson Hole Speech: Here's What To Expect

Dogecoin

Cryptocurrency markets are slightly down on Friday morning ahead of Fed Chair Jerome Powell‘s speech at Jackson Hole. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $112,611 Ethereum (CRYPTO: ETH) $4,305 Solana (CRYPTO: SOL) $181.72 XRP (CRYPTO: XRP) $2.85 Dogecoin (CRYPTO: DOGE) $0.2153 Shiba Inu (CRYPTO: SHIB) $0.00001234 Notable Statistics: Coinglass data shows 81,748 traders were liquidated in the past 24 hours for $240.55 million.

Bitcoin, Ethereum, XRP, Dogecoin Struggle, But Traders Say It's 'Just Another Healthy Retest'

Kraken becomes the first major crypto exchange to fully deploy distributed validator technology for Ethereum staking with SSV Network.

Kraken deploys distributed validator tech across its Ethereum staking infrastructure using SSV Network

A bitcoin wallet dormant for seven years recently became active, selling a significant portion of its BTC and buying Ethereum.

Bitcoin whale wakes after seven years, rotates holdings into $270 million worth of ETH

Solana

European Union officials are accelerating plans for a digital euro in response to the recent passage of a stablecoin law in the United States, which has raised concerns about the competitiveness of a European digital currency. The U.S.

EU Accelerates Digital Euro Plans, Considering Ethereum and Solana for Public Blockchain Implementation

Bitcoin traded near $113,700 on Thursday, failing to hold above $115,000 as resistance from the 50-day moving average capped a rebound attempt.

What Next For ETH, XRP, SOL as Bitcoin Stalls at $113K And ETF Outflows Mount

Leading cryptocurrencies fell on Thursday as investors took caution ahead of Federal Reserve Jerome Powell's address. Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin, Ethereum, Dogecoin, Solana Slide Ahead Of Jerome Powell's Jackson Hole Speech: Large Investors Buying The BTC Dip, Says Analytics Platform

The bank joins a list of financial services firms that have debuted or are considering stablecoin initiatives.

Singapore Bank DBS Debuts Tokenized Structured Notes on Ethereum

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Kanye West's ‘YZY' Solana token crashes, MetaMask unveils mUSD stablecoin, JPMorgan on ETH vs. BTC, and more

The speech could be followed by “cautiously hawkish” remarks from Jerome Powell tomorrow, according to Bitwise's Juan Leon.

Bitcoin, Ethereum Sink as Fed's Hammack Makes Case for Holding Interest Rates Steady

Bitcoin ETFs lost $312 million and ether ETFs shed $240 million on Wednesday, extending the heavy outflow streak to a fourth consecutive day. In total, crypto ETFs have now seen $1.9 billion leave over the past four trading sessions.

$1.9 Billion Pulled From Bitcoin and Ether ETFs in 4 Days as Outflow Streak Hits Hard

ETH has outpaced BTC, with JPMorgan pointing to a combination of ETF inflows, corporate adoption, and regulatory clarity among key factors.

JPMorgan outlines four factors behind Ethereum's outperformance over Bitcoin

Crypto security company Kerberus has acquired Refract, the makers of an anti-fraud browser extension for wallets, in a seven-figure deal.

News for Ethereum Crypto (ETH)