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

Bitcoin rebounded from a near three-month low on Wednesday, as traders moved to buy the latest price dip. Yesterday's decline came as the U.S. Securities and Exchange Commission sued both Binance and Coinbase. Ethereum moved closer to $1,900 in today's session.

Bitcoin, Ethereum Technical Analysis: ETH Nears $1,900, as BTC Rebounds From 3-Month Low

Aave

Aave Companies proposed two key features for the decentralized stablecoin in a governance post on Tuesday.

Aave Lending Protocol Moves Closer to Launching GHO Stablecoin on Ethereum Mainnet

The largest non-exchange Ethereum (ETH) whales have been gobbling up the second-largest crypto asset throughout 2023, according to the crypto analytics firm Santiment. Santiment notes that the 10 largest non-exchange Ethereum addresses currently hold an all-time high of 31.8 million ETH, a total that is worth more than $59.6 billion at time of writing.

$59,470,000,000 in ETH Held by Massive Ethereum Whales, Shattering All-Time High: Santiment

Binance, the world's largest cryptocurrency exchange by trade volume, saw significant outflows of bitcoin, ethereum, and stablecoins starting on June 3, 2023, according to data from cryptoquant.com. In the past 68 hours, Binance has seen bitcoin outflows of around 15,438 BTC worth more than $420 million.

Binance Records Significant Outflows of BTC, ETH, and Stablecoins Exceeding $1.45 Billion

The former CEO of Twitter, Jack Dorsey believes that Ethereum (CRYPTO: ETH) is a security. What Happened: Dorsey was responding to a Twitter user who asked Dorsey "is ETH a security.

Jack Dorsey Says Ethereum A Security, Believes 'Bitcoin Way Too Ahead Amid SEC Lawsuits Against Binance, Coinbase

Dogecoin

Cryptocurrency investors saw a much-needed respite on Tuesday despite the Securities and Exchange Commission (SEC) filing lawsuits against Binance and Coinbase (NASDAQ:COIN). Major cryptocurrencies experienced a noticeable spike, shedding off some of the selling pressure that had engulfed the market in recent weeks.

Bitcoin Regains $27K, Ethereum, Dogecoin Soar Despite SEC Lawsuits Against Binance, Coinbase: Analyst Foresees $42K Move For Apex Crypto

Optimism

Coinbase and Worldcoin are leading the charge in developing decentralized alternatives on Optimism's infrastructure, paving the way for other companies to address this

How Optimism's Upgrade Will Shape The Future Of Ethereum

Goldman Sachs (NYSE: GS) has presented a nuanced analysis of the on-chain metrics for Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) for the month of May. The dynamics of Ether balances stayed mostly steady across various group cohorts.

Goldman Sachs Examines Bitcoin And Ether 'Profit-Taking,' On-Chain Metrics In May

Bitcoin plunged to its lowest point in over two months, as markets continue to react to the SEC versus Binance lawsuit. The Securities and Exchange Commission (SEC) is suing the crypto exchange for violation of U.S securities laws. Ethereum was also in the red, dropping below $1,800 in the process.

Bitcoin, Ethereum Technical Analysis: BTC Falls Below $26,000, as SEC Sues Binance

The SEC's complaint against Binance could be setting a precedent for a similar lawsuit against Coinbase﻿﻿, the largest U.S.

$100 Billion Crypto Price Crash Sparks Serious Coinbase Warning As Bitcoin And Ethereum Plummet

The Ethereum France President also said that the incoming MiCA regulations are "very close to the test framework" that exists in France.

'At Least We Are Regulating,' Says President of Ethereum France on EU Crypto Rules

Whales are suddenly moving hundreds of thousands of Ethereum (ETH) as the crypto markets witness a serious sell-off event. The blockchain-surveying service Whale Alert spotted a string of Ethereum transactions adding up to 353,579 ETH and worth almost $400 million.

Whales Abruptly Move Nearly $400,000,000 in Ethereum As Crypto Markets Plunge – Here's Where the Crypto Is Going

Ethereum (ETH) price is falling above the moving average lines.

Ethereum Is Under Selling Pressure Again At $1,920

Major cryptocurrencies dropped on Monday evening after news broke that the Securities and Exchange Commission (SEC) had filed charges against Binance, one of the largest cryptocurrency exchanges, and its founder Changpeng Zhao for alleged securities violations. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Tumble After SEC Lawsuit: Analyst Says Binance's Success Is Key To Apex Crypto's Survival

Litecoin

A widely followed crypto strategist believes that both Litecoin (LTC) and Ethereum (ETH) are on the verge of igniting breakout rallies. In a new strategy session, Michaël van de Poppe says that Litecoin's halving narrative could push the peer-to-peer payments network to a level last seen in December 2021.

Popular Analyst Says Litecoin on the Edge of Breaking Out, Updates Outlook on Ethereum – Here Are His Targets

In the aftermath of the Securities and Exchange Commission's (SEC) lawsuit against Binance and its founder Changpeng Zhao, the cryptocurrency market experienced a significant downturn, with Bitcoin (CRYPTO: BTC) recording a drop of approximately 4%, Ethereum (CRYPTO: ETH) declining by about 4.5%, and Binance's token, BNB (CRYPTO: BNB), suffering an 8% dip within the first hour after the court filing. According to CoinMarketCap, the overall market capitalization for cryptocurrencies also decreased by around 4.5% during this period.

SEC Lawsuit Against Binance Sends Bitcoin, Ethereum And BNB On A Roller Coaster Ride: Which One Will Prevail?

Most of the crypto market is having a meh Monday—except for a handful of gaming and metaverse tokens.

Bitcoin and Ethereum Have a Meh Monday While Gaming Tokens Score Gains

An Ethereum address reportedly controlled by Ethereum co-founder Jeffrey Wilcke has transferred 22,000 ether, worth $41.13 million, to Kraken.

Ethereum co-founder transfers $41 million in ether to address on Kraken

Cryptocurrency markets consolidated to start the week, with bitcoin trading below the $27,000 mark during today's session. Volatility has been significantly higher in the past few days, as the unemployment rate in the United States surged to a multi-month high.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Start the Week Lower, as Market Volatility Remains High

Ethereum faces congestion for validators to enter and begin staking in the protocol. According to data from Wenmerge, an information dashboard, more than 90,000 validators are waiting to provide protocol validation services on Ethereum. This means a validator entering the queue today must wait more than 46 days to be activated and begin its tasks.

Ethereum Validator Activation Queue Grows: 90,000+ Validators Waiting in Line

The daily average gas fee on Ethereum dropped to a two-month low after surging to expensive highs amid last month's memecoin trading frenzy.

Ethereum fees trend toward two-month lows after May's memecoin mania

On June 2, 2023, the Ethereum blockchain explorer and insights web portal, Etherscan, released a new feature that allows users to refine their transaction searches with filters. Onchain sleuths, researchers, and investigators can now narrow down the results in a single view using a variety of new filters.

Etherscan Launches Advanced Filter for Enhanced Ethereum Blockchain Exploration

Atomic Wallet said Monday that “less than 1%” of its monthly active users were impacted in the weekend breach.

Atomic Wallet Users Hacked for $35M Worth of Bitcoin, Ether, Tether and Other Tokens

Major cryptocurrencies traded flat on Sunday evening even as investors appeared less concerned than they were in May, when debates surfaced among U.S. lawmakers surrounding the country's debt ceiling. Cryptocurrency Gains +/- Price (Recorded 9:30 p.m.

Bitcoin, Ethereum, Dogecoin Flat Amid Inflation Fears: On-Chain Analytics Firm Says This Could Signal ETH 'On Its Way' To $2K

A large entity has struck down the price of the Ethereum (ETH)-based indexing protocol The Graph (GRT), according to crypto analytics firm Santiment. Santiment says that a whale, likely a crypto exchange, disposed of over $55 million worth of GRT, and the price has been down ever since.

News for Ethereum Crypto (ETH)