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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

Arthur Hayes, the former chief executive of crypto derivatives exchange BitMEX, is issuing a warning to investors, saying that all crypto assets apart from Bitcoin (BTC) and Ethereum (ETH) could see devastating losses. In a new article, Hayes says that if BTC and ETH dip below $30,000 and $2,000 respectively in the coming months, he'd […] The post BitMEX Co-Founder Arthur Hayes Issues Altcoin Warning, Says Everything but Bitcoin and Ethereum Could Crash Up to 90% appeared first on The Daily Hodl.

BitMEX Co-Founder Arthur Hayes Issues Altcoin Warning, Says Everything but Bitcoin and Ethereum Could Crash Up to 90%

Bloomberg's senior commodity strategist thinks both Bitcoin (BTC) and Ethereum (ETH)  are primed to surge in 2022 despite the crypto market's recent struggles. In a new analysis, Mike McGlone says both BTC and ETH have solid bases to build on. He predicts they will remain dominant among cryptos in 2022, with Bitcoin moving toward $100,000 […] The post Bitcoin and Ethereum Primed To Rise to These Levels in 2022, According to Bloomberg Strategist Mike McGlone appeared first on The Daily Hodl.

Bitcoin and Ethereum Primed To Rise to These Levels in 2022, According to Bloomberg Strategist Mike McGlone

Most of the top ten have suffered double-digit percentage losses over the last week.

Bitcoin, Ethereum, Other Top Coins See Terrible Start to 2022

What happened: On Friday a total of 13,469.02 Ether (CRYPTO: ETH) worth $40,656,897, based on the current value of Ethereum at time of publication ($3,018.55), was burned from Ethereum transactions.

13,469 ETH Worth $40M Was Just Burned

Solana

This week Google Trends shows that the acronym NFT, which stands for non-fungible token, has reached a score of 100, the highest score a search query can get from the data analytics aggregator. Meanwhile, statistics indicate that during the last 30 days across ten different blockchains, there's been $2.73 billion in NFT sales. NFT Monthly […]

$2.7 Billion in NFT Sales Recorded Last Month — Ethereum, Ronin, Solana Top 3 NFT Networks

A note from JPMorgan states that Ethereum might be at risk of losing defi dominance as a result of its inability to produce effective scaling solutions fast. The note, written by Nikolaos Panigirtzoglou, managing director of global markets strategy at the firm, further stated that other new smart contracts-enabled blockchains are the ones taking this […]

JPMorgan Report States Ethereum Might Lose Defi Dominance Due to Scaling Issues

Cardano

Widely-followed crypto trader Michaël van de Poppe sees bullish signs for Bitcoin (BTC) and one other altcoin while naming support zones for two popular smart contract platforms. In a recent series of tweets, Van de Poppe tells his 551,000 followers that Bitcoin's price action is “creating a bullish divergence.” “The lower timeframe on Bitcoin is creating a […] The post Crypto Analyst Michaël van de Poppe Updates His Outlook on Bitcoin (BTC) and Three Altcoins As Markets Stumble appeared first on The Daily Hodl.

Crypto Analyst Michaël van de Poppe Updates His Outlook on Bitcoin (BTC) and Three Altcoins As Markets Stumble

While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google's “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week of May 16th through the 22nd of last year. Search trends for the […]

Interest in Bitcoin and Ethereum Slides According to Google Trends Data, NFT Queries Skyrocket

The tool is “democratizing the broom” for NFT collectors, says the founder, saving money while buying across marketplaces.

How Genie Is Driving Ethereum NFT Bulk Buying and 'Floor Sweeps'

What happened: On Thursday a total of 12,227.93 Ether (CRYPTO: ETH) worth $39,174,023, based on the current value of Ethereum at time of publication ($3,203.65), was burned from Ethereum transactions.

12,227 ETH Worth $39M Was Just Burned

Ethereum (CRYPTO: ETH) is trading significantly lower Friday as the crypto market sees a large pullback. Ethereum has now fallen below both moving averages and is heading toward the higher low trendline in an ascending triangle pattern.

What Happened To Ethereum Today?

Shark Tank investor Kevin O'Leary says he has 33 different positions in various cryptocurrency tokens.

Kevin O'Leary Reveals What His Crypto Portfolio Looks Like (Hint: He Holds More Ethereum Than Bitcoin)

The price of Ethereum (ETH) is in a downward movement. Today, the largest altcoin drops to the low of $3,111 support as bulls buy the dips.

Ethereum Pauses above $3,200 Support, Poises for Upward Move Soon

Ethereum (CRYPTO: ETH) developers have shrugged off a warning from analysts at JPMorgan that scaling up for the network may come too late to ward off competition from rival projects.

Why Ethereum Developers Are Shrugging Off JPMorgan's Critique On Sharding, Scalability

The combined bitcoin and cryptocurrency market has lost around $1 trillion since November in a crypto price crash that's caused turmoil for traders...

Crypto's Nightmare $1 Trillion Price Crash: What Next For Bitcoin, Ethereum, BNB, Solana, Cardano And XRP?

Dogecoin

The Mozilla Foundation, a non-profit organization that makes the Firefox web browser, said it has paused the ability to accept donations in cryptocurrencies such as Bitcoin (CRYPTO: BTC), Ethereum (CRYPT

Why Mozilla Is Pulling The Plug On Donations In Bitcoin, Ethereum, Dogecoin

Ether prices traded at a multi-month low today. Several analysts shed some light on where they might go next.

What's Next For Ether Prices After They Fell To Their Lowest Since October?

Bitcoin (CRYPTO: BTC) and other major coins flashed red Thursday evening as the global cryptocurrency market cap decreased 1.4% to $2 trillion. What Happened: The apex coin traded 1.9% lower at $42,866.44 over 24 hours.

Bitcoin, Ethereum, Dogecoin Take A Hit As Market Gets Gripped By 'Extreme Fear' — Why This Analyst Thinks Apex Coin Has More Pain In Store For Investors

Ethereum's (CRYPTO: ETH) shift towards a layer 2 centric roadmap in 2021 is one of the most significant decisions for Ethereum's network since its inception.

Ethereum 2.0 Upgrade Looks To Be Coming In 2022: Here's What Changed And How To Prepare

JPMorgan analysts said that "Ethereum is currently in an intense race to maintain its dominance in the application space."

Ethereum Devs Dismiss JPMorgan Warning About End of DeFi Dominance

Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) suffered a mini-crash on Wednesday when Bitcoin fell through a key support level at $44,850, which caused Ethereum to lose $3,600 as support.

Crypto Wars: Does Bitcoin Or Ethereum Look Stronger Following Wednesday's Mini-Flash Crash?

While Bitcoin (BTC) and the wider crypto markets stumble, one popular crypto analyst sees an end in sight. Over the past 24-hours, Bitcoin has dropped 6% and Ethereum (ETH) over 10%, reflecting the mood of the overall crypto markets, which have dipped 1% during that time. Traditional and digital asset markets have undergone massive selloffs due to interest rate hike speculation from the […] The post Bottom Is Close for Bitcoin and Ethereum, According to Popular Crypto Analyst – Here's How Low the Markets Could Go appeared first on The Daily Hodl.

Bottom Is Close for Bitcoin and Ethereum, According to Popular Crypto Analyst – Here's How Low the Markets Could Go

Chainlink

Polygon

New data reveals that the world's biggest Ethereum whales are stocking up on several gaming altcoins while the top crypto assets continue to consolidate. The blockchain-transaction tracker WhaleStats tweets an updated list of the ten most purchased cryptocurrencies among whales over the past 24 hours. Ethereum (ETH) US Dollar Coin (USDC) Tether (USDT) Gala (GALA) […] The post Ethereum Whales Are Jumping Into Several Gaming Altcoins Amid Major Bitcoin Correction appeared first on The Daily Hodl.

Ethereum Whales Are Jumping Into Several Gaming Altcoins Amid Major Bitcoin Correction

What happened: On Wednesday a total of 13,190.70 Ether (CRYPTO: ETH) worth $45,289,473, based on the current value of Ethereum at time of publication ($3,433.44), was burned from Ethereum transactions.

13,190 ETH Worth $45M Was Just Burned

Following the lead of Ubisoft and Square Enix, the publisher of Metal Gear and Contra is launching Castlevania-themed collectibles.

News for Ethereum Crypto (ETH)