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

Ethereum (CRYPTO: ETH) jumped above $1,9000 after cooler-than-expected inflation data sparked heavy buying in futures markets, adding to what analysts call a long-term bullish case. ETH More Attractive Than Bitcoin In an X post on July 15, CryptoQuant noted that within an hour of the CPI data release: Binance recorded roughly $1.2 billion in taker buy volume for ETH while, Deribit and OKX also saw significant buying activity.

Ethereum Tops $1,900, Could Be a Better Long-Term Bet Than Bitcoin, Analysts Claim

In this week's edition of The Protocol Newsletter, we're unpacking the timeline of all the changes at the Ethereum Foundation this year.

A timeline of the Ethereum Foundation's ongoing shakeup

Bitmine generated $45.7 million from Ethereum staking, which accounted for 98% of quarterly revenue as the company expanded MAVAN.

Bitmine says ETH staking generated $45.7 million, accounting for 98% of quarterly revenue

The startup's backers, including Bitmine and Joe Lubin, are betting institutions need a privacy layer before running money on a public chain.

Team Behind Ethereum's Institutional Privacy Push Spins Out For-Profit Firm EthSystems

U.S. spot bitcoin ETFs took in about $181 million on Tuesday, a day after shedding roughly $425 million, per SoSoValue data. Ether ETFs added about $58 million.

Live markets: Bitcoin, ether ETFs draw inflows as majors rise as much as 5%

Solana

Morgan Stanley (NYSE:MS ) filed amendments on Tuesday to its registration documents for exchange-traded funds tied to Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL). Morgan Stanley Set To Launch New Crypto ETFs The banking behemoth submitted amended S-1 filings for two funds: the Morgan Stanley Ethereum Trust ETF, to trade under the ticker MSSE, and the Morgan Stanley Solana Trust ETF, to trade under the ticker MSOL.

Morgan Stanley Submits Amended Filing for Ethereum, Solana ETF— Analyst Says Launch Getting 'Pretty Close'

Morgan Stanley has filed fresh amendments to its spot ether and solana exchange-traded fund (ETF) applications, naming Coinbase as custodian and staking facilitator. The updates mark the banking giant's third round of revisions since its January debut filings.

Morgan Stanley Updates Ethereum and Solana ETF Filings as Coinbase Takes Custody and Staking Role

Cryptocurrency analyst Ali Martinez poked fun at American Bitcoin Corp. (NASDAQ:ABTC) co-founder Eric Trump's bullish Ethereum (CRYPTO: ETH) post on Monday, just as the second-largest cryptocurrency experienced a sharp rally. ‘Legend' Eric Trump Martinez posted an ETH weekly chart on X, overlaying several of Trump's earlier bullish posts.

Eric Trump's 'Pumping Hard' Post — Crypto Analyst Says He's a 'Legend' for Timing Ethereum's Bottom

Dogecoin

Leading cryptocurrencies rallied alongside stocks on Tuesday following cooler-than-expected inflation numbers, despite elevated geopolitical tensions remaining in place. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Jump as Softer Inflation Dims Rate Hike Odds: Analyst Sees 'Bullish Case' Amid Muted Crypto Chatter

The startup will build tech and provide consulting to help institutions operate on Ethereum while maintaining confidentiality.

Ethereum Foundation privacy team spins out as for-profit EthSystems to serve institutions with Lubin, Bitmine backing

Bitcoin reclaimed $64,000 on Tuesday after U.S. inflation fell 0.4% month over month, easing expectations for prolonged Federal Reserve tightening and lifting sentiment across risk assets.

Bitcoin, Ethereum, XRP, Dogecoin Rally up to 6% as Cooler Inflation Boosts Risk Appetite

USDC

The U.S. government moved $12.36 million in ether, USDC and USDT out of a Bitfinex hack seizure wallet on Tuesday, July 14, sending the funds to Coinbase Prime and one unlabeled address, according to Arkham Intelligence data.

US Government Shifts $12.36M in ETH, USDC and USDT to Coinbase After Monday's BTC Move

EHT buyers have made three unsuccessful attempts to push the price above $1,800.

Coinidol.com: Ethereum Struggles Below the $1,850 Barrier

Bitcoin (CRYPTO: BTC) is up 2% to $64,000 on Tuesday, while Ethereum (CRYPTO: ETH) surged more than 5% on a cool Consumer Price Inflation print. Analyst Benjamin Cowen still warns the setup mirrors a 2018 pattern that gave back all its gains by September.

Bitcoin Hits $64,000, Ethereum Gains 5% on Ice-Cold Inflation Print: What Is Happening?

The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years.

Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology

XRP (CRYPTO: XRP) and Ethereum (CRYPTO: ETH) hit their most bullish social sentiment readings in five weeks, even as both tokens traded lower—a divergence that Santiment flags as a classic contrarian warning signal. What Is The Sentiment Data Actually Showing?

XRP, ETH Sentiment Hits 5-Week High as Prices Fall: Is This a Bull Trap?

An ethereum whale who has held 9,389 ETH for roughly four years is now sitting on a $23.8 million unrealized loss, Lookonchain reported. Furthermore, just hours earlier, the firm flagged two separate wallets pulling more than 20,000 ETH ($35 million) off exchanges.

This Whale Bought ETH at $4,311 and Never Sold. It Cost Him $23.8 Million

Wallets believed to be linked to the U.S. government transferred nearly $289 million in Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to Coinbase, on-chain analytics platform Arkham reported on Monday. Seized Bitcoin, Ethereum Moves Arkham's data on X revealed a transfer of 2,875 BTC, worth nearly $178 million, to an unidentified address, which later forwarded the funds to a Coinbase Prime deposit address.

US Government-Linked Wallets Transfer BTC, ETH Worth $289 Million to Coinbase, Says On-Chain Analytics Firm—Sell Pressure Incoming?

Social media chatter turned most bullish on XRP in five weeks even as the token fell, a setup that has historically favored sellers.

XRP and ether bulls are getting louder as prices fall, signaling more trouble ahead

According to Arkham, U.S. government wallets maintain a large crypto portfolio estimated at over $20 billion, including 324,552 BTC.

US government moves over $288 million in seized bitcoin, ether to Coinbase Prime: Arkham

Coins from the Farace and BTC-e seizures moved through fresh wallets before landing on the exchange, despite president Donald Trump's previous no-sell reserve order.

U.S. government moves $288 million in seized bitcoin, ether to Coinbase Prime

Leading cryptocurrencies slid alongside stocks on Monday after President Donald Trump floated full U.S. control over the Strait of Hormuz and a reimbursement fee on all cargo passing through. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:15 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Dip as Trump Reinstates Strait of Hormuz Blockade: Analyst Says Whales 'Actively Accumulating' BTC

Retail attention via social chatter is back to 2020 levels even as institutional involvement has moved in the opposite direction.

Bitcoin and Ethereum tweet volume falls to 12-month lows despite institutional crypto boom

Fundstrat co-founder Tom Lee says Ethereum (CRYPTO: ETH) is one of the most mispriced assets in the world, even after dropping from nearly $5,000 six months ago to under $2,000 today. Why Does Lee Think Ethereum Is Undervalued?

Tom Lee Says Ethereum Is 'Grossly Undervalued' Compared to Bitcoin, Gold, Stocks

Bitmine now holds 5.77 million ETH, equal to 4.8% of ether's total supply, putting it 96% of the way to its 5% target. The company said its staked ether position has grown to 4.92 million ETH, with projected annualized staking revenue of $242 million. Bitmine Grows ETH Treasury to 5.

News for Ethereum Crypto (ETH)