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.

Solana

Crypto markets spent the past 24 hours unwinding bullish bets as $270 million in liquidations hit traders, led by ether (ETH) and bitcoin (BTC) longs.

Crypto Traders Eye Jackson Hole as Ether, XRP, Solana Drop Sharply in Retreat

Spot Ethereum exchange-traded funds in the U.S. currently hold 5.08% of ETH supply, according to Dune data.

US spot Ethereum ETFs now hold over 5% of ETH supply

Bitcoin

Dogecoin

Leading cryptocurrencies fell further, while stocks barely changed on Monday as investors trimmed risk appetite. Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin, Ethereum, Dogecoin, XRP Slide As Crypto Liquidations Top $500 Million: Analyst Says This Is What Is In Store For BTC In The Current Quarter

The SEC has delayed decisions on several crypto ETFs, including one proposed by Donald Trump's media company to track Bitcoin and Ethereum.

SEC Punts on Trump Media Bitcoin and Ethereum ETF Decision, Plus XRP and Dogecoin Funds

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Asia Morning Briefing: Traders Tilt Bearish on August BTC, ETH Targets as Retail Lags Institutions

In a significant move that mirrors the corporate adoption of Bitcoin, a publicly traded company has transitioned into an Ethereum reserve platform.

Major Public Company Acquires $419M in Ethereum for Its Treasury

The one-time, conditional loyalty payment is an attempt to reduce the amount of liquidity available to short sellers.

Ethereum treasury firm BTCS to pay ETH dividend and ‘loyalty payment' in part to ward off short sellers

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

The Daily: SEC delays XRP, Dogecoin and other ETFs, Strategy buys more bitcoin, Ethereum ICO wallet move funds, and more

Cryptocurrency markets are trading lower on Monday, with analysts fearing a further slide in prices. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $116,355.23 Ethereum (CRYPTO: ETH) $4,369.60 Solana (CRYPTO: SOL) $183.81 XRP (CRYPTO: XRP) $3.07 Dogecoin (CRYPTO: DOGE) $0.2239 Shiba Inu (CRYPTO: SHIB) $0.00001275 Notable Statistics: Coinglass data shows 124,371 traders were liquidated in the past 24 hours for $530.47 million.

Bitcoin, Ethereum, XRP, Dogecoin Continue Slide Lower

Bitmine Immersion Technologies announced it holds over $6.6 billion in cryptocurrency, solidifying its position as the world's largest ethereum treasury. Bitmine Reports $6.6 Billion in Ether Holdings The company's holdings include 1,523,373 ETH tokens valued at $4,326 each and 192 bitcoin (BTC), totaling $6.612 billion as of Aug. 17. This marks a $1.

Bitmine's ETH Treasury Hits $6.6B Amid Institutional Backing, Stock Liquidity Soars

Prominent analyst Benjamin Cowen predicts a correction for Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and altcoins in September. What Happened: In a podcast on Aug., Cowen warned of a steep September correction across digital assets, citing historical post-halving patterns where July–August strength often flips into September weakness.

Bitcoin, Ethereum, XRP Headed For September Crash? Watch Out, Analyst Warns

The company's shares were up nearly 9% in Monday trading.

Ethereum Treasury Aims to Foil Short Sellers With 'Loyalty Payment' as Shares Trade at Discount to Holdings

An anonymous Ethereum (CRYPTO: ETH) trader has booked massive profits from a long position as analysts now forecast a pullback toward $4,000 amid the broader market downturn. What Happened: On-chain tracker Lookonchain reported a trader who compounded gains across two Hyperliquid accounts, turning $125,000 into $29.6 million for a staggering 236x return.

This Ethereum Trader Turned $125,000 Into $29.6 Million In 4 Months

Litecoin

The SEC punted on deciding next steps for an ETF issued by Truth Social, a social media platform operated by Trump Media & Technology Group.

SEC delays decisions on Truth Social's Bitcoin and Ethereum ETF, along with XRP and Litecoin funds

The former Bitcoin miner, for which Tom Lee is chairman, now has the second largest crypto asset treasury.

BitMine Adds $1.7 Billion in Ethereum, Now Second Behind Strategy in Crypto Treasury Rankings

Electric Capital is pursuing a “differentiated, onchain yield generation program" to outperform traditional ETH staking.

Thiel-backed Ethereum treasury fund ETHZilla completes rebrand as it continues ETH accumulation, deployment strategy

Ether exchange-traded funds (ETFs) stole the spotlight last week with $2.85 billion in inflows, their strongest week on record. Bitcoin ETFs managed $548 million, extending their recovery but falling far short of ether's dominance. Crypto ETF Flows Diverge As Ether Shines and Bitcoin Lags The week of Aug.

ETF Recap: Ether ETFs Deliver Blockbuster Week With $2.85 Billion as Bitcoin ETFs Trail Behind

BTCS Inc. (BTCS), a Nasdaq-listed crypto strategy firm focused on Ethereum, will distribute a first-of-its-kind ether (ETH) dividend to shareholders, the company said on Monday.

BTCS to Pay First-Ever Ether Dividend, Loyalty Bonus to Discourage Short Selling

In a sharp reversal from last week's euphoric record highs and $300,000 bitcoin price targets, some of crypto's most followed traders are now warning of looming downside risks for both bitcoin (BTC) and ether (ETH).

Top Crypto Traders Flip Bearish on BTC, ETH in Major Sentiment Shift

BitMine Immersion Technologies (BMNR), the listed firm with a digital asset treasury strategy focusing on Ethereum and led by Fundstrat's Tom Lee, said in a Monday SEC filing that its holdings surpassed 1.5 million ether (ETH) worth roughly $6.6 billion.

BitMine Immersion's Ether Holdings Top $6.6B, Stock Slides 7% Alongside ETH's Tumble

BitMine said it boosted its ether holdings to $6.61 billion after buying 373,110 ETH last week, as it eyes up to 5% Ethereum's supply.

BitMine grows corporate Ethereum holdings to $6.6 billion, claims to be second-largest DAT after Strategy

Ethereum traded between $4,298 and $4,335 over the past hour as the broader market contends with signs of exhaustion near key resistance levels. With a market capitalization of $519 billion and a 24-hour global trade volume of $41.92 billion, ethereum continues to dominate intraday liquidity, fluctuating between $4,239 and $4,563 in the last 24 hours.

Ethereum Price Watch: Bulls Eye $4,550 as Support Holds Steady at $4,300

Bitcoin (CRYPTO: BTC) maximalists typically call their coin "digital gold." But Tom Lee, Fundstrat co-founder and now chairman of Bitmine Immersion Technologies Inc (NYSE:BMNR), is maximizing the potential of a different digital asset — Ethereum (CRYPTO: ETH).

Tom Lee's $5 Billion Ethereum Bet Puts Bitcoin Maximalists On Notice

Bitcoin's (CRYPTO: BTC) recent breakdown below support has injected caution across the cryptocurrency market, but certain altcoins are displaying resilience. According to market commentary from pseudonymous analyst EmperorBTC on Monday, Bitcoin failed to hold a key support level and warned that if a bearish retest plays out with low trading volume, price could slide further.

Bitcoin, Ethereum, Solana Struggle But This Crypto Keeps Outperforming In The Dip

BitMine Immersion Technologies (AMEX:BMNR) disclosed that its crypto holdings have exceeded $6.61 billion, including 1.52 million Ethereum (CRYPTO: ETH) tokens, making it the world's largest Ethereum treasury and the second-largest crypto treasury globally. What Happened: As of Aug. 17, the company's holdings include 1,523,373 ETH valued at $4,326 per token, along with 192 Bitcoin (CRYPTO: BTC).

News for Ethereum Crypto (ETH)