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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

A crypto strategist who built his huge following with timely Bitcoin calls says he is expecting rallies for both BTC and Ethereum (ETH). Pseudonymous analyst Smart Contracter tells his 208,700 Twitter followers that a sustained Ethereum bounce is in sight after the leading smart contract platform managed to stay above the 0.618 Fibonacci level. “Nice […] The post Crypto Analyst Who Accurately Called Massive Bitcoin Collapse Forecasts Ethereum Rally, Updates Outlook on BTC appeared first on The Daily Hodl.

Crypto Analyst Who Accurately Called Massive Bitcoin Collapse Forecasts Ethereum Rally, Updates Outlook on BTC

Dogecoin

Bitcoin and Ethereum were under pressure on Tuesday evening as the global cryptocurrency market cap fell 1% to $904.9 billion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -0.6% -0.8% $20,135.59 Ethereum (CRYPTO: ETH) -1.8% -1.35% $1,131 Dogecoin (CRYPTO: DOGE) -3.6% 0.8% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Convex Finance (CVX) +23.5% $5.86 Curve DAO Token (CRV) +10.3% $0.96 Basic Attention Token (BAT) +6.3% ​​$0.44 See Also: How To Get Free Crypto Why It Matters: Cryptocurrencies continue to maintain their inverse relationship with the greenback.

Bitcoin, Ethereum, Dogecoin Fall: Will Strong Dollar Pin Down Crypto For A Year Or More?

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:  Do you think Bitcoin (CRYPTO: BTC) is heading above $30,000 by the end of July?

Do You Believe Bitcoin Is Going Above $30K, Ethereum Above $2K And Dogecoin Above 15 Cents By End Of July?

Solana

A popular analyst is setting price targets for Ethereum challenger Solana (SOL) while forecasting what's next for ETH and STEPN (GMT). Pseudonymous analyst Altcoin Sherpa tells his 179,900 Twitter followers he's using the Fibonacci retracement tool to plot out support and resistance levels for Solana, noting things may go south for the smart contract platform […] The post Top Crypto Trader Predicts Rally for Ethereum Rival Solana (SOL), Updates Outlook on ETH and STEPN (GMT) appeared first on The Daily Hodl.

Top Crypto Trader Predicts Rally for Ethereum Rival Solana (SOL), Updates Outlook on ETH and STEPN (GMT)

The Ethereum (CRYPTO: ETH) network launched its Beacon Chain in December 2020 which enabled Ethereum to be deposited and staked on its proof of stake chain. Ether deposited on the beacon chain will facilitate the adding of blocks to the blockchain, storage of data, and processing of transactions.

If You Staked Ether On A Validator Node When The Testnet Launched: Here's How Much You'd Have Now

A popular crypto analyst warns the strength of the US Dollar Index (DXY) spells bad news for both digital assets and the stock market. Crypto trader Justin Bennett tells his 101,900 Twitter followers that DXY's current surge points to Bitcoin (BTC), Ethereum (ETH) and the stock market remaining down for at least a year. “Many won't like this but… […] The post Crypto Analyst Says Surging US Dollar To Come Down Hard on Bitcoin (BTC), Ethereum (ETH) and Stock Market appeared first on The Daily Hodl.

Crypto Analyst Says Surging US Dollar To Come Down Hard on Bitcoin (BTC), Ethereum (ETH) and Stock Market

Cardano

The trader known for calling the current crypto market downturn says that Ethereum and one of its biggest challengers are on the edge of another sizeable drop. The pseudonymous trader known as Capo tells his 429,000 Twitter followers that Cardano (ADA) has now touched a critical support level near $0.44 for the fifth time. Traditionally, […] The post Ethereum and Cardano (ADA) on the Brink of Another Drop, Says Trader Who Called 2022 Crypto Market Collapse appeared first on The Daily Hodl.

Ethereum and Cardano (ADA) on the Brink of Another Drop, Says Trader Who Called 2022 Crypto Market Collapse

Bitmain will start selling its new ASIC miner, the AntMiner E9, on Wednesday. The post Sales of Bitmain's new Ethereum ASIC miner to begin Wednesday appeared first on The Block.

Sales of Bitmain's new Ethereum ASIC miner to begin Wednesday

Despite the Merge edging closer, Bitmain is releasing an Ethereum ASIC.

Bitmain to Start Selling New Ethereum Mining Rig Model Tomorrow

BTC briefly rose back above $20,000 on Tuesday, as U.S. markets reopened following yesterday's Independence Day holiday. Prices of ETH also surged, climbing over its $1,100 resistance level. Overall, the crypto market cap is trading 0.63% higher. Bitcoin On Tuesday, bitcoin rallied back above $20,000, as traders returned from the U.S. Independence Day celebrations.

Bitcoin, Ethereum Technical Analysis: ETH Back Above $1,100 as BTC Briefly Hits $20K on Tuesday

Leading cryptocurrencies in Bitcoin and Ethereum have posted significant gains after the July 4th festivities.

Bitcoin, Ethereum Jump as Crypto Market Stages Mini Rally

Bitcoin and Ethereum spiked above key psychological levels on Monday evening as the global cryptocurrency market cap rose 4.3% to $911.3 billion at press time. ​​ Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 4.7% -2.7% $20,192.76 Ethereum (CRYPTO: ETH) 7% -3.4% $1,148.65 Dogecoin (CRYPTO: DOGE) 3.4% -3.8% $0.07 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price The Sandbox (SAND) +15.3% $1.20 Convex Finance (CVX) +12.3% $4.60 THORChain (RUNE) +10.9% ​​$2.16 See Also: Best USDC Interest Rates Why It Matters: Risk assets soared as the Fourth Of July weekend drew to an end.

Bitcoin, Ethereum, Dogecoin Rise: Is Crypto Finally Set For A Summer Relief Rally?

Bitcoin continues to hover below $20,000 to start the week, as U.S. markets were mainly closed due to the Independence Day celebrations. This past weekend's volatility carried forward into Monday's session, with ETH remaining close to a breakout below $1,000.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hover at Key Support Levels to Start Week

Ethereum (ETH) is in a downward correction as buyers continue to defend the psychological $1,000 price level. Bulls bought the dips after the June 30 plunge, but the upside move was slowed by bear selling on the July 1 rally.

Ethereum Bulls Sustain Recovery as Bears Continue to Sell at Short Rallies

The cryptocurrency mayhem continued to show its downward trend in the second quarter of 2022. At the closing hour of Thursday, June 30, Bitcoin (CRYPTO: BTC) traded below the $19,000 level, marking the worst quarterly loss in more than a decade.

Here's Why Bitcoin Just Had Its Worst Quarter In Over A Decade; Ethereum Saw Its Worst Quarter Ever

On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees […]

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low

A popular analyst who accurately predicted the recent market downturn is setting new price targets for four major crypto assets. Pseudonymous crypto trader Capo, who back in March sounded the alarm that several top cryptos were likely to fall by 50%, now tells his 423,200 Twitter followers what's next for Bitcoin (BTC), Ethereum (ETH), Cardano […] The post Crypto Trader Reveals Targets for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Solana (SOL) appeared first on The Daily Hodl.

Crypto Trader Reveals Targets for Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Solana (SOL)

Outflows from Bitcoin-specific funds hit a record-high dollar amount.

This Week in Coins: Bitcoin and Ethereum Erase Gains, 3AC Files for Bankruptcy

Ethereum mining revenues were $528 million in June — a 45.5% drop from the previous month. The post Ethereum mining revenues fell by roughly 45% in June appeared first on The Block.

Ethereum mining revenues fell by roughly 45% in June

A leading blockchain analytics firm is revealing Ethereum (ETH) whales are snapping up the leading smart contract platform amid ETH's sustained decline in value. According to Santiment, addresses with a balance of between 100 and 100,000 ETH have been accumulating since June 7th despite the significant devaluation of Ethereum over the past month. “Ethereum shark […] The post Ethereum Whales Are Accumulating ETH Amid Crypto Dip, According to Analytics Firm Santiment appeared first on The Daily Hodl.

Ethereum Whales Are Accumulating ETH Amid Crypto Dip, According to Analytics Firm Santiment

Bitcoin moved closer to its long-term support level of $18,800 to start the weekend, as prices of cryptocurrencies were once again lower. While bitcoin has now fallen for seven straight sessions, ethereum also saw similar declines, and as of writing is down 2.40% from yesterday's high. Bitcoin The world's largest cryptocurrency by market capitalization bitcoin […]

Bitcoin, Ethereum Technical Analysis: BTC Edges Closer to $18,800 Support Level on Saturday

AltLayer, an Ethereum scaling startup that will provide application-specific chains, has raised $7.2 million in a seed funding round. The post Ethereum scaling project AltLayer raises $7.2 million in seed funding appeared first on The Block.

Ethereum scaling project AltLayer raises $7.2 million in seed funding

Following a move below $19,000 on Thursday, BTC was able to rise above $20,000 during today's trading session. ETH also was able to remain above $1,000, following an attempt by bears to push price under this level during yesterday's session. Bitcoin Bitcoin was trading marginally higher on Friday, as markets rebounded following a bearish session […]

Bitcoin, Ethereum Technical Analysis: BTC Rebounds on Friday, Following a Drop Below $19,000

Bitcoin traded below the psychologically important $20,000 mark Thursday evening as the global cryptocurrency market cap slid 4.1% to $859.3 billion at press time. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) -4.2% -8.7% $19,256.84 Ethereum (CRYPTO: ETH) -5.75% -9.5% $1,034.93 Dogecoin (CRYPTO: DOGE) -4.4% 2.55% $0.065 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price Convex Finance (CVX) +19.75% $4.31 Amp (AMP) +14.8% $0.0098 Arweave (AR) +6.5% ​​$9.61 See Also: How To Get Free Crypto Why It Matters: Bitcoin traded below its 200-day simple moving average on Thursday, noted GlobalBlock analyst Marcus Sotiriou.

Bitcoin, Ethereum, Dogecoin Fall Sharply: Analysts Fear 'Ugly Plunge' With BTC, ETH Testing $10K, $600 Levels

Polygon

If deployed widely, users will be able to connect their cryptocurrency wallets to their Facebook profiles.

News for Ethereum Crypto (ETH)