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

Grayscale added BNB to its Smart Contract Fund during its second-quarter review, giving the token a larger weighting than ether and solana. The asset manager also reduced exposure to Uniswap and NEAR across two other diversified crypto products.

Grayscale Gives BNB 30.6% in Smart Contract Fund, Tops Ether and Solana

Bitcoin

U.S. spot bitcoin ETFs attracted $244.42 million on Wednesday, extending their inflow streak to three sessions. Ether funds added $60.86 million, while HYPE ETFs ended a prolonged run of withdrawals with a modest gain.

Blackrock Leads $305 Million Bitcoin and Ether ETF Inflow

The two largest cryptocurrencies are the only CoinDesk 20 members in positive territory as altcoins fall out of favor.

Bitcoin, ether benefit as traders seek safety of largest tokens

World Chain is launching full block access lists on its mainnet, making it the “first” production layer-2 network to stream EIP-7928 data every 200 milliseconds inside flashblocks. Tackling the Decentralization Dilemma World Chain says it will introduce full block access lists on Aug.

World Chain Deploys EIP-7928 Ahead of Ethereum Mainnet

CryptoQuant said large XRP spot orders point to "quiet accumulation" rather than a breakout, while ether's price below realized value leaves holders underwater and gives it the strongest valuation case among BTC, ETH and XRP.

XRP whales keep buying the dip, but ether shows deeper capitulation

Dogecoin

Leading cryptocurrencies inched higher on Wednesday amid a renewed Senate push to pass the CLARITY Act before the recess. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:24 p.m.

Bitcoin, Ethereum Gain; XRP, Dogecoin Slide Amid Crypto Act Standoff: Analyst Spots BTC Bottom Signal That Preceded 740% Rally Before

Large crypto holders are accumulating bitcoin, ether, and XRP as prices remain under pressure, CryptoQuant said.

CryptoQuant says bitcoin, ether and XRP whales are accumulating, signaling a ‘late-stage bear market'

Major cryptocurrencies rallied over 1% on Wednesday, buoyed by continuing strength in the equity market. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $64,717 Ethereum (CRYPTO: ETH) $1,914 Solana (CRYPTO: SOL) $74.12 XRP (CRYPTO: XRP) $1.06 Dogecoin (CRYPTO: DOGE) $0.06995 Shiba Inu (CRYPTO: SHIB) $0.054907 Notable Statistics: Coinglass data shows 69,958 traders were liquidated in the past 24 hours for $216.18 million.

Bitcoin Holds $64,000, Ethereum Up 2%, but XRP, Dogecoin Disappoint

The incentive to stake beyond half the supply would disappear at activation, with the yield cut phasing in over 18 months.

Ethereum Proposal Would Burn Staking Rewards to Zero if Half of ETH Is Staked

The EIP-8361 draft proposal calls for burning a rising share of validator rewards as the staking ratio climbs.

New Ethereum proposal would cut issuance to zero if staked ETH reaches $112 billion

Leading cryptocurrencies edged higher on Tuesday as investors weighed the prospects of a U.S.-Iran peace agreement after weeks of fighting. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m.

Bitcoin, Ethereum Gain; XRP, Dogecoin Slide Amid Iran Deal Hopes: Analyst Says 'Most of the Pain' of the BTC Bear Market Already in

The split will consolidate every three ETHA shares into one, increasing the fund's per-share net asset value.

BlackRock's spot Ethereum ETF to undergo 1-for-3 reverse share split in October

EIP-8361 would gradually burn a rising share of validator rewards as the staking ratio climbs.

Ethereum researchers propose burning validator rewards to cap staking at 50%

Bitcoin traded around the $64,000 level on Tuesday, continuing its low-volatility sideways movement. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $64,248 Ethereum (CRYPTO: ETH) $1,874 Solana (CRYPTO: SOL) $73.88 XRP (CRYPTO: XRP) $1.07 Dogecoin (CRYPTO: DOGE) $0.07026 Shiba Inu (CRYPTO: SHIB) $0.054998 Notable Statistics: Coinglass data shows 61,746 traders were liquidated in the past 24 hours for $164.57 million.

Bitcoin at $64,000, Ethereum, XRP, Dogecoin Continue to Trade in One-Percent Range

XRP (CRYPTO: XRP) holders can now borrow Ripple USD (CRYPTO: RLUSD) against their holdings on Ethereum (CRYPTO: ETH) without selling their tokens. New Institutional Backed Lending Market Flare announced Monday that its wrapped version of XRP, FXRP, has been approved as collateral by Sentora, which manages a $280 million RLUSD lending pool.

XRP Holders Can Use Tokens as Collateral for RLUSD Loans on Ethereum

The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million.

Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped

XRP holders can now borrow RLUSD against their coins on Ethereum without selling, through a $280 million vault that had never accepted an XRP-linked asset before.

XRP holders can now borrow RLUSD on Ethereum through $280 million lending pool

Leading cryptocurrencies lacked momentum on Monday as traders balanced geopolitical risk from Iran against selling pressure from large corporate Bitcoin treasuries. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin, Dogecoin Gain; Ethereum, XRP Slide Amid Trump's Latest Warning to Iran: Analyst Says BTC 'Bottom' Not Yet Confirmed

BlackRock launched a tokenized money market fund for stablecoin reserves that uses Solana alongside Ethereum.

BlackRock Launches Tokenized Money Market Funds on Solana, Ethereum

Bitcoin traded around $63,000 on Monday, holding above key support as macro volatility eased off. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $63,848 Ethereum (CRYPTO: ETH) $1,868 Solana (CRYPTO: SOL) $74.04 XRP (CRYPTO: XRP) $1.08 Dogecoin (CRYPTO: DOGE) $0.07037 Shiba Inu (CRYPTO: SHIB) $0.054994 Notable Statistics: Coinglass data shows 67,757 traders were liquidated in the past 24 hours for $257.04 million.

Bitcoin Holds $63,000 as Ethereum, XRP, Dogecoin Trade Flat on Equities Bounce

Ether ETFs attracted $27.42 million in the week ended July 31, securing a fourth consecutive week of inflows. Bitcoin funds lost $61.53 million, while XRP and solana gained ground and HYPE recorded another week of redemptions.

Ether ETFs Extend Weekly Run With $27M Inflow as Bitcoin Loses $61.5M

Flare's FXRP has been approved as collateral in a $280 million RLUSD lending vault, allowing XRP holders to tap Ethereum's lending markets.

XRP Holders Can Now Borrow Ripple's RLUSD on Ethereum Without Selling Their Crypto

Bitmine Immersion Technologies (NYSE:BMNR) bought 10,399 Ethereum (CRYPTO: ETH) last week as Chairman Tom Lee pointed to ETH's strongest monthly Nasdaq outperformance in a year. Why Lee Is Buying More ETH Right Now?

Tom Lee's Bitmine Buys 10,399 ETH For $19.1 Million: Why Is BMNR Not Rallying?

Bitmine Immersion Technologies disclosed Monday that its cryptocurrency treasury has grown to $11.3 billion after increasing its ethereum holdings to nearly 5.8 million ETH, bringing the company within striking distance of owning 5% of the cryptocurrency's total supply.

Bitmine Amasses 5.8M ETH, Closes In on 5% Supply Grab

The crypto treasury company says it added another 10,399 ETH last week, bringing its holdings to nearly 5.8 million ETH as it pushes toward its goal of owning 5% of Ethereum's circulating supply.

News for Ethereum Crypto (ETH)