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

Digital asset management firm CoinShares says Bitcoin (BTC) and Ethereum (ETH) are leading crypto products into another week of inflows. According to its latest Digital Asset Fund Flows Weekly Report, CoinShares says that institutional crypto investment vehicles enjoyed over $1 billion in inflows last week alone, despite geopolitical tensions.

Bitcoin (BTC) and Ethereum (ETH) Lead $1,240,000,000 of Inflows to Crypto Products Despite Geopolitical Tensions: CoinShares

Cardano

Cardano-powered privacy network Midnight will offer NIGHT tokens in an airdrop to millions of crypto users on Bitcoin, Ethereum, and beyond.

Midnight Network Plots NIGHT Airdrop for Users of Bitcoin, Ethereum, Cardano and Beyond

Bitcoin attracts $1.1 billion despite a price correction, while Ethereum posts its longest streak since 2021, data compiled by CoinShares shows.

Bitcoin, Ethereum Funds Pulled in $1.2 Billion Amid Rising Global Tension Last Week

The price of Ethereum fell below the moving average lines and hit a low of $2,246.

Ethereum Slumps As It Hovers Above $2,200

Ether's ETH recent rally may be on shaky ground with one firm warning that last week's price surge was largely fueled by speculative futures positions instead of a bump in organic demand.

Ether's Leverage-Driven Rally Faces Breakdown Risk, Matrixport Warns

Bitcoin has plummeted sharply amid fears U.

‘Doomsday Scenario'—Bitcoin Suddenly Drops Under $100,000 As Crypto Price Crash Fears Hit Ethereum And XRP

Ether (ETH) ETH experienced a sharp flash crash during the 21:00 hour on June 21, falling 7.56% from $2,406 to $2,224, according to CoinDesk Research's technical analysis model.

ETH Drops 8% in Flash Crash, Recovers After Buyers Step In

Though Ethereum's price has been stuck in the doldrums, ETH's network is booming, according to the crypto analytics firm Santiment. The firm notes in a recent post on the social media platform X that “the utility and growth of the network continues looking healthier than ever.

Ethereum Network ‘Looking Healthier Than Ever' As Rival Layer-1 Siphons Social Media Attention: Santiment

Meanwhile, spot Bitcoin ETFs set a total net cumulative inflow record for the fifth straight day on Friday, though the inflow level was comparatively low.

Spot Ethereum ETFs log largest outflows in one month as ETH price tumbles below $2,400

Savvy bitcoin BTC and ether ETH traders are shoring up their defenses as the broader market continues to foresee bullish price action over the summer.

What Are Savvy Bitcoin and Ether Traders Preparing For as Summer Approaches?

Ether (ETH) ETH posted a modest recovery on Saturday after a volatile week marked by outsized institutional outflows. On Friday, June 20, spot ETH ETFs listed in the U.S. recorded $11.3 million in net outflows — the largest single-day decline in June, according to data from Farside Investors.

ETH Under $2,500: Friday Sees Highest Outflows From Spot ETH ETFs This Month

Solana

A widely followed crypto analyst says one leading layer-1 altcoin project may not have another 2024-style bull run.

Trader Says Major Layer-One Altcoin Unlikely To Repeat 2024-Style Run, Updates Outlook on Bitcoin and Ethereum

Ether ETFs saw weak demand in their first year, but trends have improved significantly, amid fresh fresh attention from institutions.

Why ether ETF inflows have come roaring back from the dead

Bulls and bears clash over technical signals as crypto markets remain mostly unchanged today—with a couple exceptions.

Crypto Exchange Token a Surprise Winner as Bitcoin, ETH and XRP Stay Flat: Analysis

U.S. spot Bitcoin ETFs' recent net inflow streak has extended to eight days, totaling $2.4 billion, despite relatively subdued price action.

Bitcoin ETFs notch $2.4 billion in eight-day inflow streak; Ethereum ETFs' catch-up phase appears to stall, analyst says

Crypto majors slid further on Thursday and the dollar gained ground as fears of a broader conflict in the Middle East intensified.

Ether, Solana, and Other Majors Could Further Slide as Trump Threatens Iran Strikes

Ethereum's price action has formed a consolidation pattern between $2,500-$2,540 with decreasing volume suggesting accumulation rather than distribution.

Ethereum Defends $2.5K as Traders Eye Looming ‘Golden Cross' Signal

Ethereum price has remained range-bound, rising above the $2,400 support and falling below the $2,800 barrier.

Ethereum Drifts Sideways And Holds Above $2,400

Spanish lender BBVA is advising its wealth clients to invest 3%-7% of their portfolios in cryptocurrencies, an executive of the Spanish bank said on Tuesday.

Spain's BBVA is Advising Clients to Invest Up to 7% of Portfolio in BTC, ETH: Reuters

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: GENIUS Act Positions ETH at the Center of Tokenized Finance, Says Wall Street Veteran

The Ink Foundation will debut a native token for Kraken's Ethereum layer-2 network. Here's what we know so far.

Kraken's Ethereum Layer-2 Ink Network Is Launching a Token

Fileverse, the startup making easy-to-use Ethereum-based productivity software, has released dSheets, an alternative to Excel.

Ethereum-based startup Fileverse unveils open source and private alternative to Google Sheets

Staking dynamics affect Ethereum's circulating supply.

What Does Ethereum's Staking Record Signal for the Asset?

The Ink Foundation said there will be a hard cap of 1 billion INK tokens, which will not be used for protocol governance.

Kraken-incubated Ethereum Layer 2 plans to launch and airdrop new INK token, foundation says

Ether (ETH) ETH traded at $2,555.77 on Tuesday, down 3.7% over the past 24 hours after a sharp rejection near the $2,673 level triggered a wave of selling. The downturn follows several sessions of declining momentum and increasing volatility, culminating in a major sell-off late Monday that broke through initial support and left prices trending downward for most of the day.

News for Ethereum Crypto (ETH)