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.

The shift toward ETF-based exposure presents both opportunities and trade-offs for the Ethereum ecosystem.

Ethereum ETFs now account for 15% of spot market volume, up from 3% at launch

Ethereum co-founder Vitalik Buterin praised Base as a model Layer-2, combining user-friendly design with Ethereum's decentralized security. He emphasized that Base is non-custodial and cannot block or seize user funds, countering misconceptions about L2 oversight.

Vitalik Buterin Calls Base a Model Ethereum L2

Vitalik Buterin backs Coinbase's Base L2, saying it's "doing things right" despite critics who worry about centralization risks.

Ethereum Founder Vitalik Buterin Says L2 Base Is ‘Doing Things the Right Way'

Solana

Avalanche (CRYPTO: AVAX) is gaining traction among traders, who are taking long positions as institutional interest rises. Cryptocurrency Ticker Price Market Cap 7-Day Trend Avalanche (CRYPTO: AVAX) $34.98 $14.8 billion +17.5% Ethereum (CRYPTO: ETH) $4,187.99 $505.3 billion -5.7% Solana (CRYPTO: SOL) $219.43 $119.2 billion -5.6% Trader Notes: Polaris XBT highlighted Avalanche's strength, noting it has successfully retested its range and surged higher, thereby outperforming other altcoins.

Ethereum, XRP, Solana Left Behind By This Scaramucci-Backed Blockchain Rallying 17% In 1 Week

Bitcoin

Bitcoin ETFs opened the week with $363 million in outflows, while ether ETFs shed $76 million across four funds. Both asset classes posted a sharp retreat in net assets despite high trading activity.

Bitcoin ETFs See $363 Million Exit as Ether Funds Lose $76 Million

Dogecoin

Cryptocurrency markets are consolidating on Tuesday morning while showing notable weakness against other commodities like gold. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $112,776.90 Ethereum (CRYPTO: ETH) $4,183.97 Solana (CRYPTO: SOL) $218.33 XRP (CRYPTO: XRP) $2.86 Dogecoin (CRYPTO: DOGE) $0.2398 Shiba Inu (CRYPTO: SHIB) $0.00001222 Notable Statistics: Coinglass data shows 162,094 traders were liquidated in the past 24 hours for $356.06 million.

Bitcoin, Ethereum, XRP, Dogecoin Consolidate After Monday Liquidation Cascade

Monday's redemptions point to “short-term positioning” after the Fed's rate cut—while flows could swing again on Friday's PCE data.

Bitcoin and Ethereum ETFs Bleed $439M as Options Traders Brace for More Downside

The Ethereum Foundation has launched a new decentralized AI team led by Davide Crapis. For Gil Rosen, co-founder of the Blockchain Builders Fund, this move represents a shift for Ethereum from a neutral settlement layer to a more “opinionated” Layer-1.

ETH Could Soar as Ethereum Positions Itself as AI Settlement Layer, Experts Say

Bitmine Immersion has announced that its ethereum holdings now exceed 2.4 million tokens, over 2% of the total ETH supply, bringing its total crypto and cash reserves to $11.4 billion. The company remains the largest ethereum treasury globally and one of the most heavily traded stocks in the U.S.

Bitmine ETH Holdings Exceed 2.4 Million Tokens Worth 2% of ETH Supply

Avalanche

Anthony Scaramucci, strategic advisor of AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), sounded optimistic on Avalanche (CRYPTO: AVAX) on Monday, deeming it as the “Swiss army knife” among Layer-1 networks.

Anthony Scaramucci Calls Avalanche The 'Swiss Army Knife' Of Layer-1 Blockchains, Made A 'Big Bet' On Ethereum Killer Because Of This Reason

Leading coins diverged from stocks on Monday as ‘Fear' sentiment gripped the cryptocurrency market. Cryptocurrency Gains +/- Price (Recorded at 9:10 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Tumble As Crypto Liquidations Hit $1.5 Billion: Analytics Firm Warns 'Sticky Inflation' Could Push BTC Lower

Rainbow, a popular Ethereum wallet, announced that its points program is converting into an on-chain RNBW token expected before year's end.

Ethereum Wallet Rainbow Reveals RNBW Token Airdrop—Here's When

Cryptocurrency markets opened are down heavily to start the week, following over $1 billion in liquidations overnight. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $112,586.72 Ethereum (CRYPTO: ETH) $4,154.46 Solana (CRYPTO: SOL) $219.01 XRP (CRYPTO: XRP) $2.83 Dogecoin (CRYPTO: DOGE) $0.2378 Shiba Inu (CRYPTO: SHIB) $0.00001206 Notable Statistics: Coinglass data shows 406,492 traders were liquidated in the past 24 hours for $1.71 billion.

Bitcoin, Ethereum, XRP, Dogecoin Crater On Monday As Analysts Eye Up To 2 Weeks Of Correction

On Monday, ethereum may have survived a brutal sell-off, but signs of a proper comeback are still hanging in the balance. With a current price of $4,172, a market cap of $503 billion, and a 24-hour trading volume of $48.

From Glory to Gory: Ethereum Loses Its Footing Below $4,200

Bitcoin ETFs recorded $887 million in net inflows across the week, while ether ETFs added $557 million. The bulk of gains were driven by Blackrock and Fidelity, reaffirming their dominance in the ETF landscape.

ETF Weekly Recap: Bitcoin Leads With $887 Million, Ether Keeps Pace With $557 Million

Ethereum treasury firm BitMine Immersion now holds over $10 billion in ETH, or 2% of the total supply, following its latest buy.

Tom Lee's BitMine Buys $1.1 Billion in Ethereum and Sells Stock, Shares Fall 10%

BitMine Immersion Technologies (BMNR), chaired by Tom Lee, said Monday it now controls more than 2% of ether's supply and raised $365 million to expand its holdings.

Tom Lee's BitMine Sells Stock at $70 to Raise Additional $365M for ETH Treasury

Bitcoin and Ethereum ETFs surged on Fed optimism but the funds faced a Monday reality check as liquidations hit $1.7 billion.

Bitcoin, Ethereum ETFs Drew $1.9 Billion in Assets Last Week Amid Rate Cut Optimism

Bitcoin ETFs finished the week with $223 million in net inflows, while Ether ETFs held positive at $48 million despite heavy redemptions across multiple funds. Blackrock's vehicles once again carried the momentum for both markets.

Crypto ETFs Close Week Strong Despite Broad Outflows in Ether Funds

BitMine also announced a $365 million raise at a 14% premium, with proceeds earmarked for additional Ethereum purchases.

BitMine's Ethereum holdings top 2% of supply with 2.4 million ETH

Ethereum (CRYPTO: ETH) has tumbled 6%, falling below $4,200 over the past 24 hours as a prediction from a major crypto analyst seems to be playing out. What Happened: In his latest update, Cowen noted the 21-week exponential moving average (EMA) as a critical level for Ethereum to consolidate and build momentum.

Ethereum Plummets Below $4,200: Is The ETH Bull Run Over?

Over the past 24 hours, the crypto market has experienced notable weakness, consistent with the bearish post-Fed pricing in options and resilience in the dollar index.

Bitcoin Drops, Ether Sinks and There's Little Sign of Support: Crypto Daybook Americas

Nearly $1.7 billion in positions were wiped out in the past day, with Dogecoin and Solana leading price losses among the top 10.

Dogecoin, Solana and Ethereum Plunge as Crypto Liquidations Near $1.7B

Cryptocurrencies are down significantly on Monday morning, with long liquidations crossing $1 billion. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $112,556.04 Ethereum (CRYPTO: ETH) $4,169.75 Solana (CRYPTO: SOL) $221.29 XRP (CRYPTO: XRP) $2.80 Dogecoin (CRYPTO: DOGE) $0.2387 Shiba Inu (CRYPTO: SHIB) $0.00001208 Notable Statistics: Coinglass data shows 387,032 traders were liquidated in the past 24 hours for $1.67 billion.

Bitcoin Crashes To $112,000 As ETH, XRP, Dogecoin Get Hit By Over $1 Billion In Long Liquidations

Crypto traders saw more than $1.5 billion in bullish wagers liquidated on Monday, triggering a sharp sell-off that hit smaller tokens hardest. Ether, the second-largest token, slumped as much as 9% to $4,075 as nearly half a billion dollars of leveraged long positions were liquidated, according to data from Coinglass.

News for Ethereum Crypto (ETH)