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

Dogecoin

Leading cryptocurrencies rallied on Tuesday as lower-than-expected consumer inflation raised expectations of interest rate cuts. Cryptocurrency Gains +/- Price (Recorded at 9:15 p.m.

Bitcoin Gains As CPI Comes In Cooler Than Expected; Ethereum, Dogecoin, XRP Also Surge: Analyst Sees ETH Reaching $6,000

Welcome to Asia Morning Briefing, a daily summary of top stories during U.S. hours and an overview of market moves and analysis. For a detailed overview of U.S. markets, see CoinDesk's Crypto Daybook Americas.

Asia Morning Briefing: Polymarket Bettors Foresee $5K ETH by End of August

Ether prices continued to extend their gains on Tuesday, August 12, surpassing $4,500 for the first time in more than three years.

Ether Prices Blow Past $4,500 For First Time Since 2021

Cardano

Altcoins added to their rally during late Tuesday U.S. afternoon hours after Treasury Secretary Scott Bessent suggested the Federal Reserve should consider a 50 basis point rate cut at its upcoming September meeting.

Ether, Cardano, XRP Among Cryptos Taking New Leg Higher as Scott Bessent Floats 50 Basis Point Rate Cut

Ethereum's ( ETH) price climbed past the $4,600 mark Tuesday, hitting an intraday peak of $4,629 per token on Deribit. Over the last 24 hours, ether gained 8% against the U.S. dollar and is up nearly 28% for the week. ETH Blazes to $4.

Ethereum Taps $4,600 as Bulls Set Sights on $6K

Tech billionaire Peter Thiel and related entities now control a 7.5% stake in ETHZilla, which saw its stock triple in price Tuesday.

ETHZilla Ethereum Treasury Stock Skyrockets After Peter Thiel Buys Stake

Cryptocurrencies are up on Tuesday, with altcoins notably outperforming Bitcoin. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $119,461.17 Ethereum (CRYPTO: ETH) $4,485.78 Solana (CRYPTO: SOL) $188.31 XRP (CRYPTO: XRP) $3.24 Dogecoin (CRYPTO: DOGE) $0.2338 Shiba Inu (CRYPTO: SHIB) $0.00001355 Notable Statistics: IntoTheBlock data shows Bitcoin and Ethereum large transaction increased by 68.8% and 114%, respectively in a single day.

Bitcoin Holds $119,000 As Ethereum, XRP, Dogecoin Surge

The second biggest cryptocurrency is approaching a new all-time high as the coin finds new use cases.

Ethereum ETFs Smash Daily Record With Over $1 Billion in Investments

The second-largest cryptocurrency is up approximately 40% since the start of the year, trading hands above $4,500.

ETH trades above $4,500 amid Ethereum treasury buying spree, record ETF inflows

Recently, the team behind Tricorn—now joining Utexo—has completed the first-ever RGB bridge live on Bitcoin, debuting with a transfer of Tether (USDT) from Ethereum to RGB, according to a press release sent to Bitcoin Magazine. This marks the first time USDT has been issued as an RGB asset on Bitcoin and made available for instant settlement over RGB Lightning.

First RGB Bridge Brings USDT From Ethereum to Bitcoin via Lightning

The price of Ethereum has skyrocketed by 26% this week alone, with short traders feeling the pain Tuesday following the latest leg up.

Ethereum Shorts Rekt as ETH Tops $4,500 for First Time Since 2021

Bitmine Immersion is now aiming to raise up to $24.5 billion from its common stock sales to buy more ETH.

Tom Lee's Ethereum Treasury BitMine Ups ETH Raise by $20 Billion

Ether exchange-traded funds (ETFs) posted a jaw-dropping $1.02 billion inflow, their largest single-day entry ever, while bitcoin ETFs maintained momentum with $178 million in net inflows. Both markets saw zero outflows and robust trading activity.

Ether ETFs Smash Records With $1 Billion Single-Day Inflow

Ether (ETH) has climbed 5% in the past 24 hours to $4,470, its highest price since December 2021.

Ether Pumps to 5-Year High of $4.47K Alongside Tom Lee's Massive ETH Treasury Bet and Fed Rate Cut Hopes

Ethereum's price stands at $4,403 on Aug. 12, 2025, at 10:45 a.m. Eastern time, supported by a market capitalization of $530.27 billion and a 24-hour trading volume of $43.98 billion. The day's intraday range spanned $4,196 to $4,435, underscoring heightened volatility as traders tested key resistance levels.

Ethereum Price Watch: Ether Bulls Focus in on $4,500 as Market Momentum Builds

BitMine Immersion Technologies (AMEX:BMNR) has significantly expanded its stock sale capacity, outlining plans to raise up to $24.5 billion to accelerate Ethereum acquisitions. What Happened: According to a supplementary prospectus filed with the U.S. Securities and Exchange Commission, the Ethereum (CRYPTO: ETH) treasury company increased the maximum total of common stock it may sell under its Controlled Equity Offering Sales Agreement to $24.5 billion.

BitMine Expands Stock Sale Program To $24.5 Billion For Ethereum Purchases

Earlier this month, ETHZilla closed a $425 million private placement. The placement had over 60 participants.

ETHZilla stock jumps over 90% after Peter Thiel takes stake and company discloses 82,186 ETH holdings

Odds of a Fed cut surpassed 93%, and cryptos ticked higher after the CPI print, even as Powell's focus on 12-month inflation keeps the core uptick in view.

Bitcoin, ETH bounce as US inflation cools, boosting odds of September Fed cut

Ethereum (CRYPTO: ETH) has crossed the $4,400 mark, with traders eyeing a possible to run to all-time highs despite concerns about a short-term dip. What Happened: Chart analyst Ali Martinez highlighted that ETH has been consolidating between resistance at $4,332 and support near $4,165.

Ethereum Cracks $4,400: How Long Until ETH Hits All-Time Highs?

SharpLink Gaming (NASDAQ:SBET) has unveiled plans to raise an additional $400 million to bolster its Ethereum (CRYPTO: ETH) holdings, targeting a total treasury exceeding $3 billion in the near term. What Happened: The online gambling marketing company said it will sell shares at $21.76 each to five institutional investors, with the transaction expected to close on Tuesday, Aug. 12, pending final approvals.

SharpLink To Raise $400M, Aiming For $3B Ethereum Treasury And 1% Of ETH Supply

Solana

Experts say that investors are rotating funds into “quality-focused” assets like Ethereum and other altcoins.

Solana Meme Coins Slump as Investors Rotate into ETH & ‘Quality-Focused' Altcoins

The Tom Lee-chaired firm is the largest Ethereum treasury holder with 1.15 million ETH, worth approximately $5 billion.

BitMine files to expand its at-the-market equity offering by $20 billion to fund more ETH purchases

The value of open positions on ETH's future price has nearly doubled since just weeks ago.

Ethereum Open Interest Nears $60 Billion as ETH Hovers Near All-Time High

U.S. inflation is still running above the Fed's 2% target.

Bitcoin, Ethereum Rise as US Inflation Cools to 2.7% in July

BitMine Immersion Technology (BMNR), the bitcoin miner that pivoted to an ether (ETH) treasury strategy under Fundstrat's Thomas Lee's leadership, is doubling down on its stock sale program, aiming to raise up to $20 billion more buy more ETH.

News for Ethereum Crypto (ETH)