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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.

Kiln is the final public testnet before Ethereum's transition to a proof-of-stake network.

Ethereum Merge Takes Place on Kiln Testnet

Ethereum (CRYPTO: ETH) co-founder and ConsenSys CEO Joseph Lubin dished out details on what the blockchain start-up plans to do with the $450 million raised through the company's latest funding round backed by Microsoft Corporat

Ethereum-Focused Blockchain Startup Raises $450M With Backing From Microsoft: How Does It Plan To Spend It?

Bitcoin

Solana

Bitcoin (CRYPTO: BTC) and other major coins have seen a sudden spike. The apex coin is up 5.5% and is trading above the $41,000 mark.

Bitcoin Back Above $41K In Sudden 5% Spike — Ethereum, Solana, Others Follow Course

Dogecoin

Bitcoin edged slightly higher over 24 hours on Tuesday, while Ethereum and Dogecoin lost some ground, as the global cryptocurrency market cap rose 0.1% to $1.7 trillion at press time.

Bitcoin, Ethereum, Dogecoin Mixed As Focus Sharpens On Fed Meeting — Anlayst Sees A Big Run Up In This Scenario

The Ethereum software firm Consensys has announced the incubator has raised $450 million in a Series D funding round led by Parafi Capital. The latest financing brings the company's valuation to over $7 billion, following the $200 million Series C raise Consensys secured last November. Consensys Raises $450 Million, Proceeds From the Round Will Be […]

Investors Inject $450 Million Into Consensys, Ethereum Incubator Now Valued at $7 Billion

Cosmos

Terra

A robot that's earned a reputation for outperforming the markets just unveiled its latest crypto portfolio allocations with results that have surprised some traders. The Real Vision Bot compiles surveys of cryptocurrency-related data to create algorithmic portfolio assessments on a weekly basis. According to Real Vision, the bot's allocations, which are based on aggregated opinions […] The post Real Vision Bot Known for Outperforming Market Flocks to Bitcoin, Ethereum and Two ETH Rivals appeared first on The Daily Hodl.

Real Vision Bot Known for Outperforming Market Flocks to Bitcoin, Ethereum and Two ETH Rivals

Animoca Brands will give F1 Delta Time NFT holders replacement NFTs for REVV Racing and other perks after the F1 license expires.

Licensed Formula 1 Ethereum NFT Game is Shutting Down

Tesla CEO Elon Musk is revealing plans to continue holding on to the cryptocurrencies he owns as inflation in the US reaches a four-decade high. Musk says in a tweet that Tesla and SpaceX are feeling the effects of high inflation just like other corporations and households as the cost of living and doing business […] The post Elon Musk Says He Won't Sell Bitcoin (BTC) and Two Other Crypto Assets Amid Rising Inflation appeared first on The Daily Hodl.

Elon Musk Says He Won't Sell Bitcoin (BTC) and Two Other Crypto Assets Amid Rising Inflation

ConsenSys has raised $450 million in a funding round backed by the likes of Microsoft, SoftBank and Temasek.

Microsoft dives into Web3 with investment in Ethereum co-founder's start-up ConsenSys

New York-based blockchain development company ConsenSys ups its valuation to $7 billion as its popular Ethereum wallet MetaMask reaches over 30 million monthly active users.

Ethereum Software Company ConsenSys Doubles Valuation To $7 Billion In Four Months Amid Market Turbulence

The price of Ethereum (ETH) is in a downward correction as the largest altcoin has retraced its previous low at $2,301 and is pulling back.

Ethereum Revises Previous Low At $2,301 And Corrects Upward

After seven weeks of consecutive inflows, digital asset investment products saw $110 million worth of net outflows last week.

Bitcoin And Ethereum See $120M In Weekly Outflows — What's The Major Trigger?

Ethereum Foundation, the non-profit that supports Ethereum (CRYPTO: ETH) and related technologies, says 2021 was the year that “Web3” came into public consciousness, which allowed creators to break free from centralized platforms.

Never Mind The Gas Fee: Ethereum Foundation Says It Is Empowering Artists To Unshackle From YouTube, Spotify

The European Parliament's Committee on Economic and Monetary Affairs has voted against a bill that would outright ban proof-of-work (PoW) cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO:

Let The Jitters End: Bitcoin And Ethereum Are Not Getting Banned In EU After All

Bitcoin and other major coins were trading in the green at press time as the global cryptocurrency market cap rose 3.1% to $1.8 trillion.

Bitcoin, Ethereum, Dogecoin Spike Ahead Of Fed's Anticipated Rate Hike — Is Crypto In For A 'Choppy Period?'

Crypto analyst Nicholas Merten says that Ethereum (ETH) may possibly overtake Bitcoin (BTC) as the leading crypto asset this year. In a new video, Merten tells his 512,000 YouTube subscribers that the “flippening,” or the event of Ethereum's market cap surpassing Bitcoin's, is still a major possibility in this market cycle. “I know a lot […] The post Will Ethereum Flip Bitcoin in 2022? Crypto Analyst Nicholas Merten Updates ETH Forecast As Markets Consolidate appeared first on The Daily Hodl.

Will Ethereum Flip Bitcoin in 2022? Crypto Analyst Nicholas Merten Updates ETH Forecast As Markets Consolidate

The ConsenSys CEO talked up the potential impact of NFT technology—even though he's not an NFT collector himself.

NFTs Are a ‘Profound Invention' Says Ethereum Co-Founder Joe Lubin

One of the most popular Ethereum scaling solutions, Arbitrum aims to speed up transaction times and cut fees on the Ethereum blockchain.

What is Arbitrum? Speeding Up Ethereum Using Optimistic Rollups

Bitcoin and ETH were once again consolidating to start the week, despite bullish comments from Elon Musk. In a tweet earlier today, Musk said: “I still own & won't sell my Bitcoin, Ethereum or Doge.” Although prices marginally rose, they remain close to recent support levels. Bitcoin The world's largest cryptocurrency rebounded from its support […]

Bitcoin, Ethereum Technical Analysis: BTC Continues to Consolidate, Despite Encouraging Comments From Elon Musk 

Swell is attempting to make it easier to stake on Ethereum and eventually other blockchains.

Ethereum Staking Protocol Swell Raises $3.75M as Locked ETH Tops $26B

Cardano

Avalanche

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CryptoCodex: Bitcoin And Crypto Are Braced For A Huge Week As The Price Of Ethereum, BNB, XRP, Solana, Cardano, Terra's Luna And Avalanche Swing

Closely followed crypto strategist Justin Bennett believes leading smart contract platform Ethereum (ETH) is gearing up for a breakout this month. In a new strategy session, Bennett says that Ethereum is facing a diagonal resistance that has kept the market in a downtrend for about four months. “We have a trendline that extends from the […] The post Ethereum (ETH) Primed for Breakout This Month, According to Analyst Justin Bennett – But There's a Catch appeared first on The Daily Hodl.

Ethereum (ETH) Primed for Breakout This Month, According to Analyst Justin Bennett – But There's a Catch

The CEO of SpaceX and Tesla continues to back his bullish bets on crypto and “physical things” as inflation pressure mounts.

Elon Musk 'Won't Sell' His Bitcoin, Ethereum, Dogecoin Amid Inflation Concerns

Elon Musk 'Won't Sell' His Bitcoin, Ethereum, DOGE Amid Inflation Concerns

An altcoin focused on the non-fungible token (NFT) sector has surged while most of the digital asset markets consolidate or trend down. Immutable X (IMX) is a scaling solution for Ethereum NFTs that aims to provide users with near-instant, low fee transactions. According to the project, the Immutable X engine allows for 9,000 transactions per […] The post Ethereum Scaling Altcoin Surges 79% in Just One Week After $200,000,000 Funding Raise appeared first on The Daily Hodl.

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