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.

Rocket Pool, a liquid staking protocol, has received a strategic investment from Coinbase Ventures, the investment arm of cryptocurrency exchange Coinbase.

Coinbase Ventures Invests in Ethereum Liquid Staking Protocol Rocket Pool

Bitcoin

Dogecoin

Major cryptocurrencies experienced mixed trading on Thursday evening, displaying resilience in the face of Consumer Price Index (CPI) data.

Bitcoin, Ethereum, Dogecoin Show Resilience Amid CPI Data: Analyst Says King Crypto Could Skyrocket 130%, To Reach Levels Above $70k This Year

Optimism

USDC

Hundreds of millions of dollars worth of Ethereum (ETH) and other crypto assets have been moved to Coinbase's new layer-2 scaling solution Base just hours after its launch.

Over $160,000,000 in Ethereum and Other Crypto Assets Moved to Coinbase's Layer-2 Solution Hours After Launch

Arbitrum

PancakeSwap, the second-largest decentralized exchange protocol, has launched on Ethereum Layer 2 network Arbitrum One.

PancakeSwap expands to Ethereum Layer 2 Arbitrum One

Bitcoin retreated from a recent high on Thursday, in light of a much anticipated inflation report from the United States. The consumer price index declined to an annual rate of 3.2% last month, with core inflation falling to 4.7%. Ethereum also slipped into the red.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Slip on Thursday, Despite Inflation Cooling Off in US

Inflation has trended downward since it hit 9.1% last June, but the Fed's target of 2% is the ultimate goal.

Bitcoin, Ethereum Trade Sideways as Inflation Jumps to 3.2% in July

Whales moved more than $380 million worth of Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE) and Gnosis (GNO) in a single day on Wednesday. A handful of whales moved huge sums of BTC onto or off exchanges, according to the blockchain-tracking platform Whale Alert. Top US crypto exchange Coinbase transferred 2,500 Bitcoin worth more than $74.

Whales Move Over $380,000,000 in Bitcoin, Ethereum, Dogecoin and Gnosis – Here's Where the Crypto's Headed

Polygon

The move aims to 'unite the DeGods and y00ts communities,' the NFT project said.

Polygon-based Y00ts NFTs to migrate to Ethereum, return $3 million grant

The NFT profile picture (PFP) project y00ts from DeLabs is moving from Polygon to Ethereum's mainnet, for the purpose of coexisting with their DeGods collection.

Y00ts NFT Project Drops Polygon, Will Migrate To Ethereum

Cardano

Solana

Major cryptocurrencies experienced mixed trading on Wednesday evening as investors eagerly awaited the release of July's Consumer Price Index (CPI) in the United States. The CPI serves as a significant indicator of inflation and is set to be disclosed on Thursday.

Bitcoin, Ethereum, Dogecoin Mixed As SEC Plans To Appeal XRP Ruling: Analyst Says Solana Could Replicate Cardano's 2019 Bear Market Comeback

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, 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

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

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

News for Ethereum Crypto (ETH)