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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.

Polygon

DeGods project leader Rohun Vora, known as Frank, said that the move aims to "unite the DeGods and y00ts communities" on the same blockchain. Polygon said it would re-deploy some of the returned funds to support its native builders and creators.

Y00ts NFT Collection is Migrating to Ethereum After Accepting $3M Grant From Polygon

From Solana to Polygon—and ultimately Ethereum, as DeLabs reveals plans to bring y00ts to the same chain as DeGods.

DeGods Ditches Polygon, Moving y00ts to Ethereum and Returning $3 Million Grant

Bitcoin

Bitcoin, ethereum and other cryptocurrencies were revitalized by a shock XRP legal ruling last month—though the price rally has since lost momentum (despite a sudden China crypto flip).

Leak Reveals BlackRock's Game-Changing Bitcoin Plan That Could Cause Price Chaos For Ethereum, XRP And Crypto

The company says it has no plans to launch a native token on Base, and will prioritize supporting network-native developers.

Coinbase Ethereum L2 Launches Mainnet With $142M Already on Its Network

Dogecoin

New data from IntoTheBlock suggests there exists a huge imbalance in the distribution of wealth for the Ethereum (ETH) and Dogecoin (DOGE) ecosystems. The firm says that about 80% of the supply of both ETH and DOGE are owned by just about 0.01% of the total addresses holding the tokens. By comparison, 0.

Analytics Firm Reveals Massive Imbalance in Wealth Distribution Among Ethereum and Dogecoin Holders

Fantom

Last month, Celo began its pivot toward being an Ethereum Layer 2. Fantom is considering a similar move, but decries the Layer 2 terminology.

Fantom is exploring adding optimistic rollups to connect to Ethereum

Arbitrum

The decentralized exchange has expanded to several networks this year in the search for new users and revenue streams.

PancakeSwap DEX Deploys on Ethereum Scaling Network Arbitrum in Expansion Drive

Bitcoin moved above $30,000 late on Tuesday, as markets reacted to the news that rating agency Moody's had downgraded several U.S. banks. The list includes State Street, Northern Trust, and Bank of New York Mellon. Ethereum was marginally higher.

Bitcoin, Ethereum Technical Analysis: BTC Surges Above $30,000, as Moody's Downgrades 10 US Banks

Coinbase CEO Brian Armstrong says that the scaling solutions for Ethereum (ETH) have a better adoption rate than Bitcoin's (BTC) Lightning Network. In a recent earnings call, Armstrong says that Ethereum's scaling solutions, such as Polygon (MATIC), Optimism (OP) and Arbitrum (ARB), are seeing heavy adoption.

Ethereum Layer-2s Winning Adoption War With Bitcoin's Lightning Network: Coinbase CEO Brian Armstrong

According to a JPMorgan analyst, the introduction of PayPal's new stablecoin might help Ethereum by raising the total value locked.

PayPal's Stablecoin Beneficial For Ethereum: JPMorgan

Ethereum, the leading blockchain proof-of-stake blockchain, recorded its worst week of the year in terms of illicit flows.

Illicit flows on Ethereum hit yearly high last week

Major cryptocurrencies saw significant gains on Tuesday, fueled by a compelling combination of captivating developments bound to captivate the interest of both crypto enthusiasts and traditional finance professionals.

Bitcoin, Ethereum, Dogecoin Rise Amid Spot BTC ETF Optimism: Analyst Says King Crypto To Shoot Up 100% Each Year

The launch this week of PayPal's stablecoin could benefit Ethereum by increasing its total value locked, according to JPMorgan.

JPMorgan says PayPal stablecoin could boost Ethereum activity

The digital currency realm is ceaselessly evolving, with every innovation altering the landscape. Among the most recent advancements is Bitcoin Spark, a trailblazing blockchain initiative that has ignited conversations about its potential influence on the broader market and established cryptocurrencies like Ethereum.

Bitcoin Spark Brings Revolutionary "Proof-of-Process" Blockchain To Ethereum Network

Legendary bitcoin and crypto investor Charlie Shrem has predicted PayPal's stablecoin will "skyrocket" bitcoin and accelerate ethereum's timetable

‘Very Exciting'—Huge $5 Trillion Bitcoin And Ethereum Price Prediction Issued By Legendary Investor After Shock Bombshell

Bitcoin rebounded on Tuesday, following the news that Paypal was launching a USD stablecoin on the ethereum blockchain. The company hopes the move will bridge the gap between fiat and cryptocurrencies for all of its stakeholders. Ethereum was marginally higher today.

Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin

The latest price analysis by Coinidol.com report, the Ethereum (ETH) price has dropped to $1,802 after falling below the 50-day simple moving average (SMA).

Ethereum Threatens To Crash At $1,850

Shiba Inu

Ether (ETH), bnb (BNB) and cardano (ADA) were similarly little changed. Dogecoin (DOGE) and Avalanche blockchain's avax (AVAX) fell 1.5% to lead losses among major tokens.

Bitcoin, Ether Flat as PayPal USD Report Fails to Ignite Market; SHIB Finds Support

Transfers occur as outflows from exchange continue.

Huobi Receives $200M USDT, $9M Ether From Whale

An unknown person sent 2,500 ETH ($4.5 million) to a burn address, causing the coins to be effectively wiped out for no apparent reason.

Nd4.eth Burns 2,500 ETH ($4.5M) In Unexplained Move

Valkyrie is looking to change the investment strategy of its current Bitcoin futures ETF in order to cover Ethereum futures contracts as well, in order to launch ahead of rivals.

Valkyrie Amends Bitcoin Futures ETF To Include Ethereum Futures, Could Be First To Launch

Major coins traded mixed on Monday evening as the global cryptocurrency market cap declined 0.3% to $1.2 trillion at the time of writing.

Bitcoin, Ethereum, and Dogecoin Trade Mixed as Investors Await Inflation Numbers: Analyst Shrugs Off King Crypto At $12K, Suggests 'Accumulate More If You Can'

One of the world's leading payments firms is making a new push into crypto with a brand new US dollar-backed stablecoin built on Ethereum (ETH). PayPal is unveiling PayPalUSD (PYUSD), a stablecoin that aims to keep a 1:1 peg with the US dollar. In a new announcement, PayPal says PYUSD is designed to improve payments.

PayPal Unveils New Dollar-Backed Stablecoin PYUSD Built on Top of Ethereum Network

A savvy trader has admitted to bagging $1.5 million worth of Ethereum after outsmarting a bot on non-fungible token (NFT) marketplace Blur. Pseudonymous trader Hanwe Chang said that he noticed someone using a bot to copy all of his trades on Blur, and formulated a plan to take advantage. As explained by pseudonymous trader A-Raving-Ape.

NFT Trader Nets 800 Ethereum (ETH) Worth Almost $1,500,000 After Executing Perfect Plan To Trick Bot

Bitcoin Cash

Dash

Bitcoin (CRYPTO: BTC) edged higher, with the cryptocurrency prices trading above the key $29,000 level on Monday. Ethereum (CRYPTO: ETH) also moved slightly higher, trading above the key $1,800 mark this morning.

News for Ethereum Crypto (ETH)