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

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

The Daily: Jury reaches partial verdict in Roman Storm trial, traders hedge for BTC drop below $100K and ETH under $3K, plus more

Dogecoin

Global cryptocurrency market capitalization is trading 1.9% higher to $3.8 trillion. One trader is curious if $117,200 will be reclaimed as support or act as resistance, another advises to watch key metrics.

Bitcoin Inches Toward $115,000 As Ethereum, XRP, Dogecoin Hold Ground

Bitcoin exchange-traded funds (ETFs) remained under pressure on Tuesday, posting a $196 million outflow, their fourth consecutive day in the red. Ether ETFs staged a recovery with $77 million in net inflows, signaling diverging investor sentiment.

Ether ETFs Bounce Back With $77 Million Inflows as Exits Continue on Bitcoin

Companies that are buying ether (ETH) for their treasury strategy are a better buy for investors than ETH spot exchange-traded funds (ETFs), said Standard Chartered analyst Geoff Kendrick.

Ethereum Treasury Stocks 'Better Buy' Than ETH ETFs, Standard Chartered Says

"The NAV multiples (market cap divided by value of ETH held) have now also started to normalize for the ETH treasury companies," said Geoffrey Kendrick.

Standard Chartered says Ethereum treasury firms now ‘very investable,' better than US spot ETH ETFs

Ethereum (CRYPTO: ETH) treasury companies are rapidly emerging as a compelling alternative to U.S.-listed spot Ethereum ETFs, according to a Wednesday update from Geoffrey Kendrick, Head of FX and Digital Assets Research at Standard Chartered. What Happened: New data from the bank indicates that Ethereum buying by publicly listed treasury firms has now equaled that of spot ETFs since June 1, with both groups having acquired approximately 1.6% of the total ETH in circulation.

How Ethereum Treasury Companies Beat Out ETFs: Standard Chartered

Solana

Cherry AI, a Telegram-based infrastructure provider for Web3 communities, on Wednesday announced the upcoming launch of its native token, CHERRY, scheduled for Aug. 14. The platform, which claims over 15 million users and integration across more than 200,000 Telegram (CRYPTO: TON) groups, operates a network of bots that assist crypto projects with trading, community management, and user engagement.

How A Bot Is Bringing Solana, Ethereum, Base, BNB Chain Trading To Telegram

Fundstrat co-founder Tom Lee predicts Ethereum (CRYPTO: ETH) may possibly overtake Bitcoin (CRYPTO: BTC) thanks to its use cases for Wall Street. What Happened: In an appearance on the Bankless podcast on Aug.6, Tom Lee predicts Ethereum could deliver a 100x return and potentially flip Bitcoin's market cap, driven by accelerating Wall Street adoption and Ethereum's central role in blockchain infrastructure.

Tom Lee: Ethereum Is Having A '2017 Bitcoin Moment', Could Hit $15,000 By End Of 2025

The renewed threat of trade wars has fueled risk-off sentiment among investors.

Bitcoin ETFs Suffer Fourth Day in the Red as Ethereum Funds Bounce Back

Cryptocurrency markets are trading sideways on Wednesday, with markets awaiting President Trump's decision on potential sanctions against Russia. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,909 Ethereum (CRYPTO: ETH) $3,585 Solana (CRYPTO: SOL) $163.29 XRP (CRYPTO: XRP) $2.95 Dogecoin (CRYPTO: DOGE) $0.20 Shiba Inu (CRYPTO: SHIB) $0.0000121 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction decreased by 11.8% and 19.1%, respectively.

Bitcoin, Ethereum, XRP, Dogecoin Continue Ranging Ahead Of Decision On Sanctions Against Russia

A closely followed analyst and trader believes the leading layer-1 platform Ethereum (ETH) is poised for a breakout surge. The pseudonymous trader Inmortal tells his 234,400 followers on the social media platform X that he believes Ethereum is gearing up for a rally toward new all-time high prices.

Analyst Predicts Things Are About To Get ‘Quite Crazy' for Ethereum, Says Train Will Move Fast for One Red-Hot Altcoin

Ethereum's price has entered a trading range after crossing the $4,000 mark.

Ethereum's Range Remains Above The $3,400 Low

Derive data show crypto traders have shifted toward bearish positioning for Bitcoin and Ethereum options expiring in August, with demand focused on put options.

Options data show traders hedging for Bitcoin drop below $100K and Ethereum below $3K, Derive says

Pendle has opened up Boros, a new platform on Arbitrum that allows users to directly trade the funding rates of bitcoin (BTC) and ether (ETH) perpetual markets.

Pendle Lets Crypto Traders Bet on Bitcoin, Ether Funding Rates With Boros Platform

Leading cryptocurrencies fell alongside stocks on Tuesday as investors priced in new tariffs and weaker-than-expected economic data.

Bitcoin, Ethereum, Dogecoin, XRP Mirror Stocks Decline: Analyst Touts 'Buy The Dip' Tagline

Ether's price volatility declined in July, falling to its lowest since November 2024, according to various measures of these fluctuations.

Ether Price Volatility Fell To Lowest Since November In July

Bitmine Immersion has amassed over 833,000 ETH worth $2.9 billion, making it the world's largest ethereum treasury. Backed by top investors, the company now ranks as the third-largest corporate crypto holder globally, behind MicroStrategy and MARA.

Bitmine Becomes World's Largest ETH Treasury With $2.9 Billion in Holdings

Sharplink Gaming, Inc. acquired 83,561 ether ( ETH) for $264.5 million last week, increasing its total holdings to 521,939 ETH. Sharplink Ether Concentration Jumps 83% The company, Sharplink Gaming, Inc. (Nasdaq: SBET), funded the purchases entirely through net proceeds from its at-the-market equity facility.

Sharplink Acquires $264.5 Million in ETH, Boosting Holdings to 521,939

The funds have had outflows as the prices of their underlying assets have declined.

Bitcoin, Ethereum ETF Swoon Likely Temporary Blip Before Next Surge: Analysts

Mantle, "the largest ETH-backed treasury amongst Web3 entities," is surprising traders today in an otherwise down market.

This Coinbase-Listed Crypto Is Taking Off—With a Little Help From Ethereum: Analysis

Cryptocurrency markets are trading lower on Tuesday, following a soft ISM Services print. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,476.72 Ethereum (CRYPTO: ETH) $3,588.77 Solana (CRYPTO: SOL) $163.98 XRP (CRYPTO: XRP) $2.97 Dogecoin (CRYPTO: DOGE) $0.1986 Shiba Inu (CRYPTO: SHIB) $0.00001198 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 49.4% and 112.3%, respectively.

Bitcoin, Ethereum, XRP, Dogecoin Reverse As Market Dips On Weak Macro Data

The surge of companies adding cryptocurrencies to their balance sheets may be hitting a plateau, according to Galaxy Digital (NASDAQ:GLXY) CEO Michael Novogratz . What Happened: Speaking during the firm's second-quarter earnings call, Novogratz said the peak of new treasury firms entering the space may already be behind us, shifting attention toward which existing players can scale and dominate the market, Bloomberg reported.

Michael Novogratz Says Bitcoin, Ethereum Treasury Frenzy May Be Over — What Now?

The world's largest asset manager has deposited hundreds of millions of dollars worth of Ethereum (ETH) and Bitcoin (BTC) into Coinbase Prime, on-chain data shows.

BlackRock Deposits $372,000,000 Worth of Ethereum and $292,000,000 in Bitcoin to Coinbase Prime: On-Chain Data

Though one notorious whale trader continues to bet against Ethereum (CRYPTO: ETH), broader sentiment among analysts remains bullish on the altcoin. What Happened: One notorious Ethereum bear with the wallet ending 0xCB92 has once again shorted Ethereum, adding significantly to their already massive bearish bet.

Ethereum Bear Sitting On $4.25 Million In Unrealized Profits, But Analysts Say The Next Move Is Up

Bitcoin exchange-traded funds (ETFs) faced a $333 million setback as ether ETFs posted their largest single-day exit on record with $465 million in outflows, signaling a sharp shift in investor sentiment. Combined, the crypto ETF market lost nearly $800 million in one trading session.

News for Ethereum Crypto (ETH)