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

Welcome to Latam Insights, a compilation of the most relevant crypto and economic news from Latin America over the past week. In this week's edition, Bolivia completes a crypto comeback story by announcing its digital currency, the Brazilian stock exchange launches SOL and ETH futures, and Belo Horizonte aims to become a bitcoin capital.

Latam Insights: Bolivia Announces Digital Currency, Solana and Ether Futures Approved in Brazil

Lido DAO

Lido, Ethereum's largest liquid staking protocol, avoided a major security incident after one of its nine oracle keys was compromised in what appears to be a low-impact but serious breach involving validator operator Chorus One.

Ethereum Staking Giant Lido Loses Just 1.4 ETH in Hacking Attempt

The global cryptocurrency market saw a notable uptick Sunday, climbing to a total market capitalization of $3.34 trillion, a 1.42% increase in 24 hours. Top 10 Cryptos Post Weekly Gains Bitcoin (BTC) continues to lead the market, trading at $104,780 after gaining a percentage point in the past 24 hours and 9.77% over the week.

Crypto Market Cap Hits $3.34 Trillion as Ethereum and Altcoins Rally

Dogecoin

Cryptocurrency analyst Michaël van de Poppe identified a potentially significant market signal Friday, noting that altcoins could be poised for a dramatic recovery against Bitcoin (CRYPTO: BTC). What Happened: “The bull market is the biggest reward of 4 years suffering.

Ethereum, Dogecoin And Other Altcoins May Erase '4 Years Suffering' In Just Months, Says Michael Van De Poppe Amid Historic Bullish Divergence

Bitcoin

Ethereum is up 30% over the last 48 hours, beating Bitcoin after crypto markets rallied on broader macroeconomic conditions.

Why Is Ethereum Beating Bitcoin With Explosive Gains?

A widely followed crypto analyst says that the market is gearing up for a reversal after making a strong move to the upside.

Trader Says Market Primed for Strong Reversal After Bullish Move – Here's His Target for Ethereum and Altcoins

Cryptocurrency markets are heading into the weekend with bullish momentum, supported by rising institutional inflows, favorable regulatory signals and surging ETF demand. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $103,210.29 +1.9% Ethereum (CRYPTO: ETH) $2,342.42 +13.3% Solana (CRYPTO: SOL) $171.91 +7.4% XRP (CRYPTO: XRP) $2.35 +4.9% Dogecoin (CRYPTO: DOGE) $0.2044 +7.4% Shiba Inu (CRYPTO: SHIB) $0.00001503 +7.4% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 3.8% and daily active addresses growing by 1.2%.

Bitcoin, Ethereum, XRP, Dogecoin Enter Weekend Strong: 'Long Dips, $140,000 Is Programmed,' Trader Says

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

The Daily: Ethereum jumps over 20% following Pectra upgrade, Wellgistics unveils $50 million XRP integration and treasury reserve plan, and more

The exchange on Thursday said it was buying options exchange Deribit.

Coinbase 24-7 Bitcoin, Ethereum Futures Trading Goes Live

Coinbase Derivatives LLC (NASDAQ:COIN) has launched 24/7 trading for Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) futures, making it the first CFTC-regulated exchange in the U.S. to offer around-the-clock access to leveraged crypto derivatives. What Happened: The move expands access for traders who previously had to operate within limited weekday hours despite the continuous nature of the broader crypto market.

Coinbase Launches 24/7 Bitcoin, Ethereum Futures Trading: What Does That Mean?

Bitcoin holds above $100,000 while ether rockets to its best week since 2021

It was a pretty positive week for crypto as prices rose, big deals were signed, and stablecoins continued to penetrate deep into the financial system. Even ETH, a perennial downer of late, rose sharply, reaching nearly $2300 at press time.

CoinDesk Weekly Recap: Even ETH Is Up

Some $777 million worth of shorts have been smashed in the last day, with Ethereum doing the most damage as it rises alongside Bitcoin.

Crypto Liquidations Top $1.1 Billion as Bitcoin, Ethereum and Solana Prices Spike

Coinbase Derivatives will provides round-the-clock futures contracts trading for retail and institutional investors.

Coinbase unveils 24/7 Bitcoin and Ethereum futures trading one day after announcing landmark Deribit acquisition

A few months after swapping CEOs in a move to ditch "extractive corpo" initiatives, Doodles has dropped its DOOD token on Solana.

Ethereum NFT Project Doodles Launches DOOD Solana Token Airdrop

Bitcon and ETH propelled crypto markets to almost $3.4 trillion for the first time since February after macro news and Pectra's upgrade fueled optimism.

ETH and Bitcoin's price surge wipes out nearly $900 million in crypto shorts as momentum builds

Crypto markets are extending their rally for a second straight day, fueled by renewed optimism around global trade deals and bullish macro sentiment. As price momentum accelerates, seasoned analysts warn against FOMO, advocating instead for disciplined, intentional strategies.

Bitcoin, Ethereum, XRP, Dogecoin Continue Surging As Altcoin Market Buzzes

This is a daily technical analysis by CoinDesk analyst and Chartered Market Technician Omkar Godbole.

DOGE, XRP, ETH, SOL Follow Bitcoin Through the Cloud as Altcoin Momentum Builds

Ethereum (CRYPTO: ETH), the world's second-largest cryptocurrency by market capitalization, has soared 20% within 24 hours following the successful deployment of its Pectra upgrade on May 7. What Happened: This surge, the largest single-day gain for ETH in four years, has reignited optimism among investors and developers, positioning Ethereum for a potential price breakout.

Ethereum Explodes 25% Higher To $2,400, Notches Largest 1-Day Gain In 4 Years

Pepe

As the crypto rally gathers pace, ether has widened its lead over bitcoin in terms of volatility expectations, signaling relatively greater action not just in the second-largest cryptocurrency, but in the broader digital asset market as a whole.

Crypto Daybook Americas: PEPE Signals Altcoin Frenzy as Rampant Ether Outpaces Bitcoin

B3 will launch these new futures on June 16, opening new investment avenues for institutional buyers seeking crypto asset diversification. The bourse also announces changes to bitcoin futures to increase the accessibility of these products, given bitcoin's recent price hike.

Brazil's B3 Stock Exchange to Launch Ether and Solana Futures

Ethereum's Pectra upgrade and the easing of global trade tensions helped the network soar by over 20% Friday morning.

Ethereum Surges Double Digits to $2,400 Following Pectra Upgrade

Uniswap

Unichain, Uniswap's native Layer 2 blockchain, has become the dominant chain for Uniswap v4, surpassing Ethereum in transaction volume.

Unichain surpasses Ethereum as top chain for Uniswap v4 by transaction volume

Ethereum has rallied since Tuesday's activation of the Pectra upgrade, the network's most significant update since the 2022 Merge.

Ethereum jumps 20% after Pectra upgrade, marking largest gain in four years

Cardano

A broad crypto rally led by ether's (ETH) 20% surge triggered more than $750 million in short liquidations in the past 24 hours, the highest single-day total since 2023 for bearish trades.

News for Ethereum Crypto (ETH)