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

Bitcoin rose as high as $124,496 on Wednesday, while ether is inching even closer to its 2021 record of $4,866.01.

Bitcoin touches record, ether almost makes new high before rolling over

Ether exchange-traded funds (ETFs) posted their second-highest single-day inflow ever at $729.14 million, while bitcoin ETFs notched a sixth consecutive day of gains with $86.91 million in net inflows. Both markets saw record trading volumes and fresh all-time highs in net assets.

Ether ETFs Land Second-Biggest Inflow Ever With $729 Million Entry

An Ethereum ICO participant offloaded another 1,060 ETH, having already transferred nearly $19 million worth of the cryptocurrency this week.

Ethereum ICO whale offloads another $5 million worth of ETH as price nears all-time high: onchain analysts

The cryptocurrency market is riding near-record levels for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), but Bitwise Chief Investment Officer Matt Hougan believes several overlooked factors could still drive prices sharply higher. What Happened: In a note to clients on Wednesday, Hougan pointed to improving regulatory clarity, growing stablecoin adoption, increased corporate treasury purchases, and steady institutional ETF inflows as widely recognized drivers of the current rally, according to The Block.

Bitcoin, Ethereum At Historic Highs But Could Go Higher, Bitwise's Matt Hougan Predicts

Cardano

ADA jumped double digits on the day as it surged to a five-month high, following a BTC all-time high and ETH closing in on its peak.

Cardano Hits 5-Month High As Bitcoin, Ethereum Hover Near Record Price

Cardano (CRYPTO: ADA) raced to double-digit gains on Wednesday, riding on the optimism surrounding a potential exchange-traded fund filing by digital asset management company Grayscale Investments. Cardano Beats Bitcoin, Ethereum ADA popped more than 17% to become the cryptocurrency market's second-biggest gainer over the last 24 hours.

Cardano Pops Over 17% And Leaves Bitcoin, Ethereum Trailing Amid Grayscale ETF Filing Euphoria

Spot Ethereum ETFs in the U.S. saw $729.1 million flow into the products on Wednesday, marking their second-largest inflows on record.

US spot Ethereum ETFs see $729 million in daily inflows, second-largest since launch

Ethereum is trading above $4,700, just 4% shy of its all-time high, as Bybit releases a report outlining its evolution and roadmap to 2035. The analysis predicts massive scaling, institutional adoption, and ETH's rise as a benchmark yield asset.

Bybit Charts 10-Year Growth Path as Ethereum Nears All-Time High

Ethereum ETFs are attracting record institutional inflows, narrowing the gap with Bitcoin and intensifying upward price pressure.

Ethereum ETF Inflows Outperform Bitcoin for the Third Day Straight

Bitcoin's record run underscores strong market underpinnings, though some warn optimism over Fed easing may be premature.

Crypto Market Conditions ‘Exceptionally Strong' as Bitcoin, Ethereum, XRP Advance

Two years after Rain Lõhmus admitted he lost access to a presale wallet, the stash is now worth over a billion, at least on paper.

Estonian Banker's Lost Ethereum Wallet Now Holds Over $1 Billion in ETH

Dogecoin

Leading cryptocurrencies jumped on Wednesday as optimism about a rate cut boosted investors' risk appetite. Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin Hits All-Time High; Ethereum, Dogecoin Spike: Analyst Says 'Parabolic Phase' Imminent For BTC

Ethereum is primed for explosive growth as institutional demand, stablecoin expansion, and decentralized finance adoption fuel forecasts soaring to $25,000—according to Standard Chartered's latest projections.

ETH Could Surge to $25K With 8x Stablecoin Growth, Standard Chartered Says

Lixte Biotechnology's share price fell hard after it revealed a Bitcoin treasury, while firms stashing Ethereum have been surging of late.

Biotech Stock Plunges on Bitcoin Plans as Ethereum Treasuries Stay Hot

Bitcoin hit a new all-time high Wednesday, breaking the previous milestone from July—and an Ethereum record may not be far behind.

Bitcoin Jumps to New All-Time High Price as Ethereum Nears Record

Ethereum price has continued its uptrend and crossed $4,094 to reach the next barrier at $4,400.

Ethereum Remains In The Overbought Zone At $4,700

Bitcoin (BTC) has mounted another attempt for a fresh all-time record climbing near $123,000, a four-week high during the Wednesday U.S. session.

Bitcoin Tops $122K, Eyes Fresh Record with Ether Just 3% From 2021 ATH

Analysts and industry leaders see further upside, with Standard Chartered raising its year-end target to $7,500.

Institutional money, regulatory clarity put Ethereum within striking distance of all-time high

So far this month, Ethereum ETFs have pulled in as much ETH as the network has issued since the so-called merge in September 2022.

Ethereum ETF Flows in August Blow Past Post-Merge Token Issuance

Cryptocurrency markets are trading higher on Wednesday as the markets await further inflation data on Thursday. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $121,638.56 Ethereum (CRYPTO: ETH) $4,714.84 Solana (CRYPTO: SOL) $199.22 XRP (CRYPTO: XRP) $3.26 Dogecoin (CRYPTO: DOGE) $0.2419 Shiba Inu (CRYPTO: SHIB) $0.00001378 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 6.9% and grew 18.2%, respectively.

Bitcoin, Ethereum, XRP, Dogecoin Move Higher As Traders Await Further Inflation Data On Thursday

Ether ETFs extended their momentum with a $523.92 million inflow, marking two days of extraordinary institutional demand. Bitcoin ETFs remained in positive territory with a $66 million net gain despite notable outflows from ARKB and GBTC.

Ether ETFs Extend Dominance With Another Half-Billion Inflow

Solana

"Altcoin season" is heating up again, as signs point to continued momentum for Ethereum, Solana and Cardano. Here's why.

Ethereum, Solana, Cardano Help Send Crypto Markets to Record $4.2 Trillion: Analysis

MetaMask, the cryptocurrency wallet that grew to popularity within the Ethereum blockchain ecosystem, is likely to unveil details of its own custom U.S. dollar-pegged stablecoin shortly, potentially as soon as this week, according to a person familiar with the matter.

Ethereum Wallet MetaMask Will Likely Unveil Its Own Stablecoin this Week

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

The Daily: Ethereum Foundation sells ETH as price nears all-time high, Solana hits $200 as broader altcoin market heats up, and more

Ethereum (CRYPTO: ETH) could be the most significant macro investment opportunity over the next decade, according to Fundstrat co-founder Tom Lee, who points to the convergence of artificial intelligence, tokenization, and Wall Street's migration to blockchain infrastructure. What Happened: Lee said on Wednesday that Ethereum's long-term growth case rests on two structural drivers: the creation of a blockchain-based token economy fueled by AI, and the financial sector's shift toward on-chain settlement and asset issuance.

News for Ethereum Crypto (ETH)