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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.

Bitcoin

Analysts at Wall Street giant JPMorgan have issued a bullish, gold-based bitcoin price prediction that could see the bitcoin's capitalization's climb to near $900 billion

JPMorgan Reveals $900 Billion Gold-Based Implied Bitcoin Price—Alongside An Ethereum Upgrade Prediction Warning

Dogecoin

Major cryptocurrencies are back slightly in the red on Monday evening as investors keep a close watch on the development of the debt ceiling deal.

Bitcoin, Ethereum, Dogecoin Fall As Investors Track Debt Ceiling Progress: Trader Says 'It Really Is Time' For Apex Crypto To Reach Yearly-Highs

Also: Bitcoin and volatility have a tricky relationship. BTC steadies below $28K after dip.

First Mover Asia: Nearly $275 Million in Ether Burnt This Month as It Continues Deflationary Trend

Cryptocurrency strategist Benjamin Cowen is weighing in on the potential performance of Ethereum (ETH) relative to Bitcoin (BTC) going forward. In a new YouTube video, Cowen tells his 783,000 subscribers that the Bitcoin dominance chart (BTC.

Is Ethereum Ready To Outperform Bitcoin? Top Analyst Benjamin Cowen Updates ETH/BTC Outlook

Solana

In a significant advancement for cryptocurrency enthusiasts, Key App rolled out a feature that facilitates the seamless transfer of tokens between the Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) networks. In an effort to address the prevalent issues of hefty Ethereum gas fees, the app will bear the cost for transfers exceeding $50.

Crypto Game-Changer: Send Money For Free Across Ethereum And Solana

The new token standard allows traders to burn their ERC-721 NFTs and transfer them to Ordinals on the Bitcoin network.

BRC-721E Token Standard Bridges Ethereum NFTs to Bitcoin Ordinals

A new tool lets Ethereum NFTs be transferred to the Bitcoin blockchain. , However, it's a one-way bridge.

You can now bridge Ethereum NFTs to Bitcoin — but you can't get them back

Crypto influencer Bitboy recently unveiled PsyDex, an innovative Crypto DEX and Memecoin Launchpad set to solve the meme coins liquidity issues. The native token linked to this decentralized exchange is called Loyal (CRYPTO: LOYAL).

BEN Holders Rejoice: PsyDex Launch Offers Exclusive Airdrop, ETH Benefits Courtesy Of BitBoy

Bitcoin was once again trading above $28,000 on Tuesday, as the 10-day and 25-day moving averages neared a death cross. The two trend lines have moved closer to one another, with an upwards bullish crossover somewhat imminent. Ethereum was also marginally higher today.

Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000, as ‘Death Cross' Approaches

If you're planning on visiting Bali, be aware that the provincial government is getting tough on foreign tourists using cryptocurrencies like Bitcoin (CRYPTO: BTC), and Ethereum (CRYPTO: ETH) to pay for goods and services. What Happened: According to a report from Channel News Asia, Bali Governor Wayan Koster stated that visitors who use crypto for payment will face strict penalties.

Planning To Visit Bali? Don't Use Bitcoin, Ethereum Or You Could Face Imprisonment

Former Goldman Sachs executive Raoul Pal made bullish predictions for Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana, anticipating a market cap of at least $10 trillion, during the next bull market cycle. What Happened: Pal believes that the cyclical and secular trends have converged to create a perfect opportunity in the market for ETH and BTC.

Macro Guru Raoul Pal Tips Ethereum To Hit $3,600 By October: 'Close To A Face-Ripping Rally'

An original Ethereum (ETH) investor moved about $14.7 million worth of the leading altcoin this weekend after sitting on it for nearly eight years.

Dormant Ethereum Wallet From ICO Era Abruptly Wakes Up After Eight Years With 588,609% Gains

Major cryptocurrencies are back slightly in the red on Monday evening after the post-debt ceiling deal rally came to an end. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Fall As Post-Debt Ceiling Rally Fizzles Out: Analyst, Who Predicted 2021 Bottom, Says 'Moon Time' For King Crypto If This Happens

Bitcoin climbed above the $28,000 level on Monday, as U.S. President Joe Biden confirmed that a deal was agreed in principle. Biden labeled the agreement a “compromise,” with Republican Kevin McCarthy calling it “historic.” Ethereum was also higher on the news, hitting a three-week peak.

Bitcoin, Ethereum Technical Analysis: BTC Above $28,000 as Biden Announces Debt Ceiling Deal

Bitcoin, ethereum and other major cryptocurrencies have cheered a U.S. debt ceiling deal, despite president Joe Biden's earlier stark crypto warning.

Crypto Now Braced For A $1.1 Trillion Fed Panic After Bitcoin And Ethereum Price Surge

After eight years of dormancy, an Ethereum (CRYPTO: ETH) wallet that received 8,000 ETH from participating in the cryptocurrency project's Initial Coin Offering (ICO) in 2015 has awoken and transferred its contents. What Happened: The owner of the wallet, which has been inactive since 2015, began with a $1 transfer to a new wallet before moving the remaining $14.7 million in ETH (7,999 ETH) to the new wallet in just two minutes on Saturday.

Ethereum Wallet Springs To Life After 8 Years, Netting Mind-Boggling 590,000% Gains

Ethereum price (ETH) is rising as it crosses the moving average lines. The rally was short-lived as the price was stopped at the $1,920 barrier. At the resistance level, the market was overbought, making further price movement unlikely.

Ethereum Recovers But Remains Below The High Of $1,920

Major cryptocurrencies were showing significant gains Sunday evening following news of a deal reached by the White House to avert a looming debt ceiling crisis.

Bitcoin Flirts With $28K, Ethereum, Dogecoin Rise Too On Debt-Ceiling Deal: Analyst Known For Calling Bottom Sees Apex Crypto At $29K — But There's A Catch

Global investment manager VanEck says Ethereum (ETH) could hit $51,000 in less than seven years if certain conditions align. In a new research report, VanEck lays out its base, bear and bull cases for Ethereum's performance going into the end of the decade.

$51,000 Ethereum (ETH) Now on the Table, According to VanEck – Here's Their Outlook

The potential compromise comes as America's “X-date” approaches quickly.

Bitcoin and Ethereum Rise as U.S. Lawmakers Scramble to Dodge Historic Debt Default

In the past 21 months following Ethereum's London hard fork, the network has witnessed the destruction of over 3.33 million ether, valued at $6.1 billion. At present, roughly 3.51 ether is burned every single minute.

Burning Metrics: Ethereum Burns 3.33 Million Ether Valued at $6.1 Billion in 21 Months

The Ethereum ICO participant has started consolidating some of their funds into a single wallet, including a large amount from the ICO.

Dormant $15 milllion wallet from Ethereum ICO wakes up after eight years

BitcoinBTC -1.2% and ethereum—the two largest cryptocurrencies—have exploded back into the limelight this year amid fears the U.S. is waging a secret war on crypto.

Biden Will ‘End Up Killing It'—Serious Crypto Warning Could Spell Chaos For The Price Of Bitcoin And Ethereum As Debt Ceiling Deal Reached

Litecoin

A popular crypto trader is weighing in on the prospects of Litecoin (LTC), Bitcoin (BTC) and Ethereum (ETH) moving forward. Starting with Litecoin, the pseudonymous analyst Bluntz tells his 223,000 Twitter followers that the 14th-largest crypto asset by market cap is consolidating in readiness for what could be a breakout.

Top Crypto Analyst Says One Catalyst Will Keep Litecoin ‘Propped Up', Updates Outlook on Bitcoin and Ethereum

A prominent crypto analytics firm says that Bitcoin (BTC) and Ethereum (ETH) fees are plummeting as the speculative frenzy around digital assets loses steam. New data from market intelligence platform IntoTheBlock reveals that the total fees associated with the crypto king and the leading smart contract platform have dropped 32% and 24.4% this week, respectively.

News for Ethereum Crypto (ETH)