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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

Shares of crypto-related stocks, including MicroStrategy Incorporated (NASDAQ: MSTR) and Hut 8 Mining Corp (NASDAQ: HUT), are trading lower during Friday's after-hours session amid a decrease in the pr

Why Bitcoin- And Ethereum-Related Stocks MicroStrategy And Hut 8 Are Falling Today

Ethereum (CRYPTO: ETH) is trading lower Friday, falling lower in a crypto market that has been moving bearishly in recent weeks. Ethereum is nearing the very long-term higher low trendline and needs to hold above it to see a multiyear upward trend continue.

Why Ethereum Holding Above This Trendline Is Key

Solana

The market is still bright red as Bitcoin hits a six-month low and other coins suffer, while metaverse and gaming tokens are in free fall.

Ethereum, Solana Hit Four-Month Lows as Metaverse Tokens Tank

What happened: On Thursday a total of 12,870.17 Ether (CRYPTO: ETH) worth $35,741,620, based on the current value of Ethereum at time of publication ($2,777.09), was burned from Ethereum transactions.

12,870 ETH Worth $35M Was Just Burned

Large cryptocurrency investors appeared to be selling significant amounts of their holdings as the crypto market lost over $200 billion on Friday.

Ethereum Whale Sells 25K ETH Worth $70M In 2 Hours

A vulnerability in a cross-chain router protocol saw $3 million drained from the network by hackers. But there's still 527 Ethereum at large.

Nearly $1.5M in Ethereum Still Missing From Multichain Crypto Hack

Crypto markets witnessed another sharp selloff during Asian hours on Friday with Bitcoin (CRYPTO: BTC) falling under $40,000 and Ethereum (CRYPTO: ETH) trading below $3,000.

Ethereum Falls Under $3,000, Liquidations Exceed $220M In 4 Hours

The price of Ethereum (ETH) is plummeting after the bulls broke below support at $3,000. The largest altcoin has fallen to the low of $2,856 as of press time. The cryptocurrency is not done with the current price decline.

Ethereum is in a Downtrend, Hovers above the $2,800 Support

Cardano

The bitcoin price has crashed 10% over the last 24 hours to around $38,000, a level not seen since the summer of 2021...

Crypto Price Crash: Bitcoin, Ethereum, BNB, Solana, Cardano And XRP Suddenly In Freefall

Dogecoin

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) tumbled sharply at press time.

Why Are Bitcoin, Ethereum, Dogecoin Crashing All Of A Sudden?

Bitcoin plummeted by more than 7% in the last 24 hours, and ether dived more than 9%, according to CoinDesk.

Cryptocurrencies tumble, with bitcoin falling 7% and ether down 9% in the last 24 hours

Major coins continued to bleed Thursday evening as the global cryptocurrency market cap declined 2.3% to $2 trillion. What Happened: Bitcoin (CRYPTO: BTC) traded 2.5% lower over 24 hours at $39,856.72 over 24 hours.

Bitcoin Slips Below Crucial $40K Level, Taking Ethereum, Dogecoin Down With It: US Treasuries, Russia, Outflows And More That's Weighing

JPMorgan has told its clients that ethereum is losing ground to rival cryptocurrencies, such as solana (SOL), in the non-fungible token (NFT) market due to sky-high transaction fees on the network. “It looks like, similar to defi apps, congestion and high gas fees has been inducing NFT applications to use other blockchains,” said JPMorgan. Ethereum […]

JPMorgan: Ethereum Losing Ground to Other Crypto in NFT Market Due to High Transaction Fees, Congestion

The company has long promised the feature was coming.

Robinhood Launches Crypto Wallet Beta for Bitcoin, Ethereum and Dogecoin Transfers

Algorand

A widely-followed crypto analyst foresees impending bounces for top cryptos Bitcoin (BTC) and Ethereum (ETH) while highlighting support levels for two popular altcoins. In a recent YouTube update, crypto trader Justin Bennett tells his 8,470 subscribers that a substantial Bitcoin bounce could be on the horizon. “I would expect, at some point over the coming […] The post Crypto Strategist Justin Bennett Updates Outlook on Bitcoin (BTC), Ethereum (ETH), and Two Popular Altcoins appeared first on The Daily Hodl.

Crypto Strategist Justin Bennett Updates Outlook on Bitcoin (BTC), Ethereum (ETH), and Two Popular Altcoins

What happened: On Wednesday a total of 11,284.32 Ether (CRYPTO: ETH) worth $36,472,488, based on the current value of Ethereum at time of publication ($3,232.14), was burned from Ethereum transactions.

11,284 ETH Worth $36M Was Just Burned

The Mayor of New York City has stood by his promise to receive his first paychecks in crypto.

NYC Mayor Eric Adams Putting First Paycheck into Bitcoin, Ethereum

Eric Adams, the mayor of New York City, made good on a previous pledge by receiving via automatic conversion his first paycheck in the form of cryptocurrency. According to a Thursday morning statement from the mayor's office, Adams' paycheck was converted into BTC and ETH.  “New York is the center of the world, and we […] The post NYC mayor Eric Adams receives first paycheck in the form of BTC and ETH appeared first on The Block.

NYC mayor Eric Adams receives first paycheck in the form of BTC and ETH

Bloomberg senior commodity strategist Mike McGlone says that crypto assets will likely see a correction along with an imminent pullback in the stock market. In a new interview with The Wolf of all streets host Scott Melker, McGlone says that cryptocurrencies are risky assets, but he expects Bitcoin (BTC) and Ethereum (ETH) to come out […] The post Bitcoin and Ethereum Will Correct and Come Back Stronger, but Not These Crypto Assets: Bloomberg Commodity Strategist appeared first on The Daily Hodl.

Bitcoin and Ethereum Will Correct and Come Back Stronger, but Not These Crypto Assets: Bloomberg Commodity Strategist

A senior Bloomberg strategist issues a huge bitcoin price prediction amid the crypto rout that's battering ethereum, BNB, solana, cardano and other cryptocurrencies.

Bloomberg Strategist: Bitcoin's ‘Unique Phase' Will Send Its Price To $100,000 In 2022—Meanwhile Ethereum, BNB, Cardano, Solana Prices Tumble

Polygon

Crypto analyst Aaron Arnold thinks Ethereum (ETH), Solana (SOL) and three other altcoins will be “explosive” this year. The co-host of Altcoin Daily tells his 1.2 million YouTube subscribers that surging interest in non-fungible tokens (NFTs) and decentralized finance (DeFi) is driving his bullishness on a handful of crypto assets. “[I'm] talking about quality L1s […] The post Ethereum (ETH), Solana (SOL) and Polygon (MATIC) Will Be Explosive in 2022, According to Altcoin Daily – Here's Why appeared first on The Daily Hodl.

Ethereum (ETH), Solana (SOL) and Polygon (MATIC) Will Be Explosive in 2022, According to Altcoin Daily – Here's Why

Bitcoin (CRYPTO: BTC) and other major coins traded in the negative territory Wednesday evening as the global cryptocurrency market cap declined 1.8% to $2.1 trillion. What Happened: The apex coin was down 1% at $41,837.84 over 24 hours.

Bitcoin Stuck Between These 2 Levels, Keeping Ethereum, Dogecoin Muted With It — Is This Survey Result The Next Catalyst?

On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy's market slump, bitcoin's market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range. Meanwhile, Ethereum's market dominance has diminished as it has […]

Bitcoin Dominance Increases, ETH's Market Share Slides, Stablecoin and Smart Contract Coins Rise

A popular crypto analyst says that leading smart contract platform Ethereum (ETH) is oversold and primed for recovery. In a new strategy session, the host of InvestAnswers tells his 402,000 YouTube subscribers that the second largest crypto asset by market cap is flashing signals that indicate a price spike is near. The analyst points out […] The post Ethereum Oversold and Due for a Bounce, According to InvestAnswers – Here's Why appeared first on The Daily Hodl.

Ethereum Oversold and Due for a Bounce, According to InvestAnswers – Here's Why

According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether on Wednesday is $0.25 per transaction using […]

News for Ethereum Crypto (ETH)