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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.

Crypto exchange giant FTX is adding Ethereum-based non-fungible tokens (NFTs) to its arsenal of digital assets. The company tells its 330,000 Twitter followers that the Ethereum-based NFT marketplace is up and running, just two months after the launch of its Solana-based NFT platform. “We're excited to expand our NFT marketplace, allowing users to buy, sell, […] The post Crypto Exchange FTX Launches New Ethereum-Based NFT Marketplace appeared first on The Daily Hodl.

Crypto Exchange FTX Launches New Ethereum-Based NFT Marketplace

Bitcoin

Cryptocurrencies have been seeing lackluster sentiment ever since they hit highs in early November. After bottoming last Friday amid the omicron variant scare, a recovery has been in the works in the cryptoverse.

Even As Biggies Like Bitcoin, Ethereum Struggle, Polygon Is Clocking Strong Gains

FTX.US users can now buy and sell popular Ethereum-based NFTs while still getting access to the generally more affordable Solana-based ones. The post FTX.US adds support for Ethereum-based NFTs to its marketplace appeared first on The Block.

FTX.US adds support for Ethereum-based NFTs to its marketplace

CryptoPunks are a generative art collection, and one of the first ever applications of NFTs for digital art. There are only 10,000 Punks in existence, and some of them are thought to be lost forever.

This CryptoPunk NFT Just Sold For Over $700K In ETH

The Bored Ape Yacht Club (BAYC) is an exclusive community for holders of the ape and mutant themed NFT collections on Ethereum's blockchain. Commonly referred to as the Bored Apes, only 10,000 generative art pieces will ever be in existence.

Bored Ape #1154 Just Sold For 120 ETH

Crypto traders anticipate Ethereum (CRYPTO: ETH) to break out further against Bitcoin (CRYPTO: BTC) in the days to come.

Crypto Traders Say ETH/BTC Is The Most Important Chart Now: Here's Why

Hut 8 Mining Corp (NASDAQ: HUT) was trading up about 7% at one point on Wednesday in response to Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ET

Hut 8 Mining Stock Heads For Breakout As Bitcoin, Ethereum Move Higher

A popular crypto strategist and trader is looking at fractal patterns to predict where several of the top cryptos are headed after a recent downtrend affected most of the market. The pseudonymous analyst known as Capo offers his 214,600 Twitter followers a chart that highlights how previous Bitcoin (BTC) price dips early in 2020, as […] The post Bitcoin, Ethereum and Binance Coin Setting Up for Next Big Breakouts, According to Crypto Analyst appeared first on The Daily Hodl.

Bitcoin, Ethereum and Binance Coin Setting Up for Next Big Breakouts, According to Crypto Analyst

Riot Blockchain Inc (NASDAQ: RIOT) is trading higher Wednesday after the company announced the acquisition of ESS Metron for $50 million in cash and stock.

Why Bitcoin- And Ethereum-Related Stock Riot Blockchain Is Rising

The FTX NFTs marketplace now supports both leading platforms, letting users buy in USD with credit cards and more.

FTX US Opens Trading for CryptoPunks, Bored Apes and Other Ethereum NFTs

Bored Ape Yacht Club NFT Sold For 94 ETH Today

This CryptoPunk NFT Just Sold For $704,673 in ETH

The rollout comes about a month after the exchange's largely underwhelming Solana-based NFT debut.

FTX.US Adds Ethereum Collectibles to NFT Marketplace

Terra

A popular crypto strategist and trader is expecting Bitcoin (BTC), Ethereum (ETH) and one altcoin to shake off the recent market-wide dip and launch to epic heights. The pseudonymous crypto analyst Kaleo tells his 449,800 Twitter followers that BTC's price action in recent months mirrors 2020, where an accumulation phase was followed by “rapid price […] The post Top Trader Says Bitcoin, Ethereum and One More Altcoin Ready To Go Parabolic As Crypto Markets Bounce Back appeared first on The Daily Hodl.

Top Trader Says Bitcoin, Ethereum and One More Altcoin Ready To Go Parabolic As Crypto Markets Bounce Back

The second-largest cryptocurrency in terms of market capitalization, ethereum, has come awfully close to reaching the digital asset's all-time high ($4,878) it reached 21 days ago on November 10. While bitcoin dominance has slid below the 40% zone, ethereum's market dominance, or $557 billion market valuation, represents close to 20% of the crypto economy. Ethereum's […]

Ethereum Market Cap Is Less Than 50% Away From Flipping Bitcoin — ETH Nears All-Time Price High

Real Vision chief executive and macro guru Raoul Pal is predicting big run-ups this cycle from top Ethereum (ETH) competitors. The former Goldman Sachs executive says in a new interview with InvestAnswers that although 82% of his portfolio is in Ethereum, he thinks the smart contract platforms Solana (SOL) and Terra (LUNA) will outperform ETH […] The post Macro Guru Raoul Pal Says Two Ethereum Challengers Set To Outrun ETH, Unveils Massive End of Year Crypto Outlook appeared first on The Daily Hodl.

Macro Guru Raoul Pal Says Two Ethereum Challengers Set To Outrun ETH, Unveils Massive End of Year Crypto Outlook

Bitcoin has had a month to forget, but Ether is tantalizingly close to hitting record highs. Plus, another setback for Facebook — now known as meta — as its top crypto executive steps down.

Crypto News, Dec. 1: Ether Outperforms Bitcoin

ETH has risen by 6.24% in the past 24 hours, hitting $4,733.10. It's also risen by 11.74% over the past seven days.

ETH Surges and Nears ATH as Bitcoin Struggles

Ethereum (CRYPTO: ETH) rose 6.5% over 24 hours to $4,733.47 late Tuesday night. What's Moving?

Can Ethereum's Record Outperformance Against Bitcoin Send It To A New High Today?

The equipment hits the market when the latest date for Ethereum's proof-of-stake switch is slated for June 2022. The post InnoSilicon ships new Ethereum ASIC miner at 1,500 MH/s appeared first on The Block.

InnoSilicon ships new Ethereum ASIC miner at 1,500 MH/s

Shiba Inu

Altcoins including Ethereum (CRYPTO: ETH) were buoyant Tuesday evening as the global cryptocurrency market capitalization increased 1.24% to $2.65 trillion.

Ethereum Outshines Bitcoin, Shiba Inu Leaves Dogecoin In The Dust — Are We In For An 'Explosive' Alt Season?

Hive Blockchain Technologies, Ltd (NASDAQ: HIVE) fell below a key trendline late Tuesday morning after bouncing up from the area when the markets first opened.

Hive Blockchain Loses Key Trendline Amid Bitcoin, Ethereum Pullback: What's Next?

CryptoPunk #5807 Sold For 95 ETH Today

In order to create a conflicting block on Ethereum (CRYPTO: ETH), an attacker would have to burn more than 2.5 million ETH worth $10 billion, according to core developer Tim Beiko.

Why It Would Cost $10B ETH To Attack Proof-of-Stake Ethereum

Over the past 24 hours, Ethereum's (CRYPTO: ETH) price rose 8.33% to $4,676.89. This continues its positive trend over the past week where it has experienced a 8.0% gain, moving from $4,299.03 to its current price.

News for Ethereum Crypto (ETH)