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.

With Ethereum's Shanghai upgrade slated for April, ETH stakers will finally be able to withdraw their holdings. But will they sell?

Just 16% of Ethereum Stakers Are in Profit Ahead of Shanghai Upgrade

Shiba Inu

WhaleStats has reported that the top 2000 Ethereum (CRYPTO: ETH) whales hold $606,553,503 worth of  Shiba Inu (CRYPTO: SHIB).  The top 2000 #ETH whales are hodling $606,553,503 $SHIB $167,714,936 $MATIC $155,922,150 $BEST $149,437,264 $LINK $131,748,690 $CHSB $96,219,283 $UNI $70,172,580 $LOCUS $69,722,963 $MANA Whale leaderboard https://t.co/R19lKnPlsK pic.twitter.com/EI2yxT9IDy — WhaleStats (tracking crypto whales) (@WhaleStats) March 3, 2023 According to Whale Alert, Shiba Inu has become the most traded token among the top ETH whales, beating out Chainlink (CRYPTO: LINK).

Shiba Inu Becomes Most Traded Token Among Largest Ethereum Whales: Here's How Much SHIB They're Holding

Bitcoin

Bitcoin consolidated recent losses on March 4, as cryptocurrency markets marginally stabilized from Friday's sell-off. Prices plunged to a two-week low in yesterday's session, however sentiment has somewhat shifted. Ethereum also recovered, moving back into the green to start the weekend.

Bitcoin, Ethereum Technical Analysis: BTC Consolidates Recent Losses to Start the Weekend 

Dogecoin

Bitcoin (CRYPTO: BTC) was plunging almost 5% during Friday's 24-hour trading session, moving counter to the S&P 500 and spot gold, which were spiking up over 1% each. Ethereum (CRYPTO: ETH) and Dogecoin (CRYPTO: DOGE) were following Bitcoin in the sector downturn, slipping more than 5%.

Bitcoin, Ethereum And Dogecoin Plunge, Moving Anti-Market: A Look At The Cryptos Into The Weekend

The index could provide a stream of income for Gitcoin to raise funds for grants – if users are attracted to the new index that exposes token holders to a diversified set of liquid staking tokens.

Gitcoin, Crowdfunding Platform for Open-Source Software, Votes to Seed Staked ETH Index

Like any good punk or hip hop show, this year's Colorado event for coders will feature events that will "scare away normies," CoinDesk Chief Insights Columnist David Z. Morris writes.

ETHDenver Looks Cringey to You Because Ethereum Has an Actual Community

Blockchain development firm ConsenSys said public testing of the zkEVM rollup network will commence on Mar. 28.

ConsenSys announces public testing of ZK-Rollup network compatible with Ethereum

Research shared by the team details that block builders will be able to build blocks without accessing private data of user's transactions.

Flashbots Open-Sources Privacy-Enhanced Block Builder on Ethereum Testnet Sepolia

On-chain analytics platform CryptoQuant is revealing the likely impact of the upcoming Shanghai upgrade on the price of smart contract blockchain Ethereum (ETH). According to CryptoQuant, the selling pressure for the second-largest digital asset will be low after this month's Shanghai upgrade.

$17,200,000,000 in Staked Ethereum Is Now Underwater – Here's the Price Implication After Upgrade: CryptoQuant

ConsenSys launched a private zkEVM testnet in December, but is now opening it up for anyone to join.

ConsenSys, Developer of Ethereum Software, Says zkEVM Public Testnet to Go Live March 28

Bitcoin dropped to a two-week low on Friday, as crypto markets continued to react to the uncertainty surrounding Silvergate. The solvency of the bank has been put into question, with Binance, Coinbase and other exchanges moving to halt transactions. Ethereum also edged lower, falling below $1,600 in the process.

Bitcoin, Ethereum Technical Analysis: BTC, ETH Hit Multi-Week Low, as Silvergate Uncertainty Spooks Markets

Bitcoin took a beating yesterday as crypto bank Silvergate's survival warning led to a stampede of customers away from one of the industry's biggest fiat on and off-ramps.

BTC, ETH Down 5% as Silvergate Stampede Crashes Crypto

Cryptocurrency prices fell on Friday as investors weighed the latest financial woes at Silvergate Capital and assessed what a potential bankruptcy at the crypto bank could mean for the broader crypto industry.

Bitcoin, ether slide on Friday as investors weigh potential fallout from Silvergate woes

Major cryptocurrencies traded in the red on Friday with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) declining over 4.6% as news of troubles at Silvergate Capital Corp (NYSE:SI) sparked a panic sell-off.

Bitcoin, Ethereum: Here's A Look At Crucial Support, Resistance Levels As Selloff Intensifies

Ethereum (ETH) is currently trading above the $1,500 support level and is in a downtrend.

Ethereum Leaps Past $1,500 Support And Begins A Range Bound Move

Bitcoin, Ethereum, and the wider crypto market were hit hard on Friday morning as the industry weighs concerns around embattled Silvergate.

Bitcoin, Ethereum Plunge as Market Mulls Silvergate Fears

Gaming token Troy (CRYPTO: TROY) surged 50% in the last 24 hours, bucking the downward trend of the overall crypto market.  What Happened: The rise in TROY's price comes after Binance on Friday said that it completed the BEP20 Integration of TROY, with deposits and withdrawals now open.

Little-Known Gaming Token Soars 50% Even As Bitcoin, Ethereum Bleed

A mysterious whale transferred 312 million USD Coin (CRYPTO: USDC) from Circle Internet Financial to exchanges in just the last eight hours. What Happened: On-chain data analytics platform Lookonchain found a mysterious whale activity after Coinbase (NASDAQ: COIN) said on Thursday that it would no longer accept or initiate payments with Silvergate Capital Corp. (NYSE: SI).

On-Chain Data Reveals 'Strange' Whale Activity As Bitcoin, Ethereum Tank 5%

Major coins traded in the red on Thursday evening as the cryptocurrency market experienced intense sell-off pressure in response to news of troubles at Silvergate Capital Corp.  Cryptocurrency Gains (+/-) Price Bitcoin -3.81% $22,683 Ethereum -4% $1,589 Dogecoin -3.81% $0.078 What Happened: Apex cryptocurrency Bitcoin (CRYPTO: BTC) was trading below $23,000 after a volatile trading session.  Ethereum (CRYPTO: ETH) was exchanging hands below  $1,600.

Bitcoin, Ethereum, Dogecoin Slide On Silvergate Panic: Analyst Says 'Time For A Squeeze' As Crypto Market Sees $240M Wipeout

Bitcoin plunged to $22,288 and Ether hit $1,563 as crypto took a tumble during the opening hours of East Asia's trading day.

Bitcoin, Ether Drop Over 5% in Massive Sell-Off as Market Continues to Digest Silvergate

Vitalik Buterin thinks the Ethereum (ETH) user experience (UX) still needs to improve significantly, especially regarding transaction inclusion. The Ethereum creator says in a new blog that “simple and robust” user interfaces (UI) are preferable to “fancy and sleek ones.” “Good user experience is not about the average case, it is about the worst case.

Vitalik Buterin Says More Needs To Be Done To Improve Ethereum's (ETH) User Experience

The network's much-anticipated Shanghai upgrade, which will enable staked ETH withdrawals, was previously slated for a March release.

Ethereum Devs Confirm ETH Staking Withdrawals Pushed to April

Many investors fear that ETH's price may tumble as the Shanghai upgrade will allow withdrawals for some $29 billion of previously locked ETH. Crypto analysts CoinDesk interviewed are saying that concerns are overblown and the selling pressure will be limited.

Ethereum's Shanghai Upgrade Will Not Crash Ether Price, Analysts Say

While technically the Shanghai Upgrade is only on the execution side, Capella is the simultaneous upgrade happening on the consensus side. Hence the merging of the two names to “Shapella”.

Shanghai + Capella = 'Shapella.' How Ethereum Devs Now Refer to Upcoming Upgrade

The Goerli testnet will be the last “Shapella” dress rehearsal for Ethereum's upcoming hard fork.

News for Ethereum Crypto (ETH)