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

Markets were cautious this week as regulators continued the debate over crypto.

This Week in Coins: Market Slumps as Bitcoin and Ethereum Drop Over 10%

Following the recent, Shapella upgrade, Ethereum developers are now making progress on the next upgrade — referred to as "Cancun-Deneb."

Ethereum after Shapella: Developers make progress on Cancun-Deneb

Ethereum started the weekend trading below $1,900 for the first time in two weeks, as cryptocurrency markets continued to fall. The global market cap is down by close to 3% at the time of writing this. Bitcoin was also in red, as it moved closer to $27,000.

Bitcoin, Ethereum Technical Analysis: ETH Falls Under the $1,900 Level to Start the Weekend

Two Ethereum (ETH) developers are sounding off on a new European stablecoin that recently launched on the top smart contract platform. The pseudonymous ETH developer known as 0xfoobar tells their 128,000 Twitter followers that the new stablecoin, which launched in France, has an inefficient transfer mechanism and the worst coding they've ever seen.

Top Ethereum (ETH) Developers Blast New European Stablecoin Launched on ETH

Bitcoin and ether declined after the Financial Times reported earlier in the day that the gigantic Ontario Teachers' Pension Plan would steer clear from future investments in crypto.

Bitcoin price tanks alongside ether as traditional markets are mostly flat

The second largest cryptocurrency by market capitalization has dropped to its lowest since April 9, CoinDesk data shows.

Ether Erases All Gains from Shanghai Rally as Bitcoin, Crypto Prices Fall

Largest staking platforms for institutional investors recorded three times more new deposits than last month, early data shows.

Ethereum's Shanghai Upgrade Spurs Institutional Investment Into Staking

Dogecoin

Bitcoin (CRYPTO: BTC) was falling about 3% lower during Friday's trading session, showing weakness compared to the general market, which saw the S&P 500 holding flat. The crypto sector appeared to be trading more in tandem with spot gold, which was retracing about 1.3% lower.

Bitcoin, Ethereum And Dogecoin Drop Following Hawish Inflation Data: What To Watch Over The Weekend

Bitcoin (CRYPTO: BTC) moved lower, but the cryptocurrency prices traded above the key $28,000 level on Friday. Ethereum (CRYPTO: ETH) also moved lower, trading below the key $2,000 mark this morning.

Bitcoin, Ethereum Record Losses; Render Token, Dogecoin Among Top Losers

Ethereum price (ETH) crashes as soon as it breaks below the 21-day line SMA.

Ethereum Enters Oversold Territory And Targets The Low At $1,800 An Ounce

Bitcoin's downturn continued on Friday, as prices fell for a third consecutive session, leading to a move below $28,000. Market sentiment has shifted in recent days, as traders began taking profits from last week's high. Ethereum was also lower, and is now trading around the $1,900 region.

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $28,000 as Losses Intensify

Earlier this year, in February, Raoul Pal, a former Goldman Sachs (NYSE: GS) executive, said that Ethereum (CRYPTO: ETH) could reach $10,000 by 2024. What Happened: Pal said, “I don't see any reason why it's not about $10,000.

When Macro Guru Raoul Pal Said Ethereum Would Reach $10k And Called Dogecoin 'Wildly Undervalued'

Some argue that the supply of Tether's USDT has historically indicated the direction in which the price of bitcoin will trend.

Tether mints another billion USDT on Ethereum as its stablecoin dominance grows

Over the last 217 days, the total supply of ether has reduced by 103,092 coins — worth more than $200 million at current prices.

Ether supply reduced by 100,000 coins since The Merge

On April 12, 2023, the Ethereum chain rolled out the Shanghai upgrade.

Shanghai Upgrade – How It Could Affect Ethereum and LSD Tokens

An Ethereum (ETH) whale is suddenly moving hundreds of millions of dollars worth of ETH as the smart contract platform dips below $2,000. According to data from the whale-watching platform Whale Alert, the deep-pocketed investor transferred nearly 150,000 ETH worth more than $313 million around the time of the transaction.

Ethereum Whale Abruptly Moves Over $313,000,000 in ETH – Here's Where the Crypto Is Headed

The decentralized-exchange (DEX) aggregator, which nabbed $175 million in a 2021 series B funding round, is one of the biggest protocols yet to launch on a zero-knowledge EVM (zkEVM).

1inch, Aggregator of Decentralized Crypto Exchanges, to Launch on Ethereum Rollup zkSync Era

Founder Konstantin Lomashuk credits the recent Shanghai upgrade, which it says has increased institutional interest in Ethereum staking.

Ethereum Staking Provider P2P.org Raises $23M Series A

The MEV-Share protocol is incorporated within Flashbots Protect, an RPC tool integrated with users' wallets, aiming to defend against front-running.

Flashbots launches MEV-Share to distribute front running profits with Ethereum users

Bitcoin dropped for a second consecutive session on Thursday, as price moved towards a key point of support. Today's sell-off has sent the cryptocurrency below $29,000, with the coin now trading at a ten-day low. Ethereum fell to a one-week low in today's session.

Bitcoin, Ethereum Technical Analysis: BTC Moves Below $29,000, Hitting a 10-Day Low

A new euro-based stablecoin is coming to the Ethereum blockchain as supply falls and US dollar stablecoins continue to dominate the space.

Societe Generale's crypto subsidary Forge launches euro stablecoin on Ethereum

EURCV will be offered to institutional clients as a means of bridging the gap between traditional capital markets and digital assets.

Societe Generale's Crypto Division Introduces Euro Stablecoin on Ethereum

Despite Agility's total valued locked increasing more than 643% to $467 million in the past seven days, CoinGecko and CoinMarketCap have expressed cautionary warnings about AGI developers having the ability to mint new tokens.

Total Value on Liquid Staking Platform Agility Soars to $467M Following Ethereum Shapella

Major coins traded in the red on Wednesday after an alarming U.K. inflation report and a significant sell order on Binance. Cryptocurrency Gains (+/-) Price (Recorded 10 p.m.

Bitcoin, Ethereum, Dogecoin Tumble After Alarming UK Inflation Report: Analyst Pinpoints Two Critical Levels For Apex Crypto In Coming Days

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security.

News for Ethereum Crypto (ETH)