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

Gold advocate Peter Schiff has doubled down on his bearish stance, arguing that Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) are not in "correction" or "consolidation," but in full-fledged bear markets. What Happened: In an X post, Schiff criticized CNBC for downplaying the declines, noting that Bitcoin's 21.6% and Ethereum's 38.3% drops from their highs clearly meet the definition of a bear market.

Peter Schiff Says Bitcoin, Ethereum Are In A Bear Market

Solana

Bitcoin and ether ETFs extended their losing streaks on Tuesday, shedding a combined $797 million, while solana ETFs once again defied market gravity, drawing in $15 million in new capital.

Bitcoin and Ether ETFs Bleed $797 Million as Solana Defies the Downtrend

Bitcoin briefly slipped below $100,000 for the first time since June as a wave of liquidations and shifting macro expectations triggered a broad crypto sell-off.

Bitcoin, Ether Under Pressure as Altcoins Reel, Futures Flash Caution: Crypto Daybook Americas

Dogecoin

Bitcoin is trading below $102,000 on Wednesday, with the Fear and Greed Index dropping to extreme fear at 20. Over the past 24 hours, crypto markets saw over $1.7 billion in liquidations.

Bitcoin Below $102,000 As 'Extreme Fear' Sentiment Takes Down Ethereum, XRP, Dogecoin

However, one analyst said the bullish structure for the crypto market still stands despite the largely negative sentiment.

Bitcoin and Ethereum ETFs post $800 million in combined outflows amid ‘extreme fear' in market

Bitcoin slid to just above $100,000 late Monday before a slight rebound to $101,000, as a wave of forced liquidations and renewed macro jitters erased billions in speculative positions across crypto markets.

Bitcoin Bounces Near $100K, ETH, SOL, XRP Drop 6-10% as Bulls See $1.6B Liquidations

Leading cryptocurrencies sank deeper into misery on Tuesday, while stocks also closed down. Cryptocurrency Gains +/- Price (Recorded at 8:25 p.m.

Bitcoin Drowns Below $100,000; Ethereum, XRP, Dogecoin Also Fall: Analytics Firm Says Many Still 'Buying Dips With Confidence'

Trading just below $4,000 early Monday, the second-largest cryptocurrency by market cap tumbled to nearly $3,000 by Tuesday afternoon U.S. hours, touching its weakest level since mid-July. That's the second severe correction in a month, as the October 10 flash crash took ETH to $3,440 from just shy of $4,500 a day before, a 25% nosedive.

Ether's 20% Freefall Triggers $1B Liquidation Cascade as Crypto Losses Accelerate

Bitcoin fell even further below $100,000 and Ethereum plunged to its worst price in months, driving over $2 billion in rekt crypto bets.

Crypto Liquidations Top $2 Billion as Bitcoin Continues Slide, Ethereum Hits 4-Month Low

Bitmine has expanded its ethereum position to 3.4 million ETH, bringing its total crypto and cash holdings to $13.7 billion. The company now owns 2.8% of the total ETH supply, marking a key milestone in its long-term goal to reach 5%. $13.

Bitmine Nears 3% of ETH Supply as Holdings Reach 3.4 Million Tokens

Bitcoin tapped the $100,000 level on Tuesday, triggering over $1 billion in liquidations amid continued ETF outflows. Major altcoins including Ethereum, XRP, and Dogecoin have plunged around 10%, while the Crypto Fear and Greed Index has dropped to 27, signaling growing market fear.

Bitcoin Plunges To $100,000 As $1 Billion In Liquidations Hit XRP, ETH, Dogecoin

Bitcoin hit a daily low of $100,050 while the largest smart contract platforms Ethereum, BNB Chain, and Solana are down over 7%.

Bitcoin teeters near $100,000, ether turns negative for the year amid crypto pullback

Ethereum (CRYPTO: ETH) has plunged 7% to $3,400 on Tuesday, hitting the last support before a potential drop toward the $2,850 accumulation zone. Price Loses Long-Term Structure ETH Price Analysis (Source: TradingView) The breakdown pushed Ethereum below its 20, 50, and 100-day exponential moving averages, confirming renewed selling pressure.

Ethereum Plummets 7% To $3,400—The Last Support Before A Drop To $2,850

Ethereum's large spot outflow signals dip buying, with a potential bounce contingent on improving macro conditions, Decrypt was told.

Ethereum Traders Buy the Dip Despite Third-Largest Spot Outflow Since October

Bitcoin dipped below $104,000 on Tuesday morning as sustained ETF outflows, signallweakening retail and institutional interest. The Fear and Greed Index slipped further into the fear zone to 27.

Bitcoin Craters To $104,000 As Ethereum, XRP, Dogecoin Plummet Another 5%

Bitcoin began November under pressure after closing out its worst October in ten years, slipping below $105,000 earlier Tuesday as selling across majors deepened in the wake of last week's Federal Reserve decision.

Ether, Solana, XRP Drop 8% in Fresh Move Lower, But Bitcoin Could See a Bullish November

Dash (CRYPTO: DASH) exploded on Monday, extending its winning streak in an otherwise downtrending cryptocurrency market. DASH Rallies While Other Cryptos Struggle The Layer-1 cryptocurrency soared 70% in the last 24 hours, reaching values not seen since January 2022.

Bitcoin, Ethereum Disappoint, But Did You Catch This Privacy Token's 70% Rally?

Bitcoin's sharp drop from $112,000 to below $106,000 on Monday triggered one of the largest liquidation waves in weeks, wiping out more than $1.27 billion in leveraged futures positions across crypto markets.

Bitcoin, Ether, Solana Traders Liquidated for Over $1B as Prices Dump 5-10%

Leading cryptocurrencies sank deeper on Monday as the market recorded over $1 billion in liquidations. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m.

OG: Bitcoin, Ethereum, XRP, Dogecoin Plummet As 'Extreme Fear' Grips Investors: Analyst Says ETH Entering 'Final Stage' Of Correction

The second-largest digital asset treasury now holds nearly 3.4 million ETH, worth $12 billion, and 192 BTC, valued at about $20 million.

Ethereum treasury firm BitMine falls 8% after adding another 82,353 ETH

Ether falls 7% following a multimillion dollar hack of a decentralized finance protocol

Bitcoin remains range-bound near the $107,000 level following the Federal Reserve's hawkish stance, with total liquidations now exceeding $1 billion. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $106,934.68 Ethereum (CRYPTO: ETH) $3,630.15 Solana (CRYPTO: SOL) $167.96 XRP (CRYPTO: XRP) $2.34 Dogecoin (CRYPTO: DOGE) $0.1693 Shiba Inu (CRYPTO: SHIB) $0.059348 Notable Statistics: Coinglass data shows 307,714 traders were liquidated in the past 24 hours for $1.19 billion.

Bitcoin, Ethereum, XRP, Dogecoin Extend Losses As Crypto Liquidations Surpass $1 Billion

Some $128 million in crypto was stolen from Balancer liquidity pools on Ethereum and beyond, with Berachain halting its chain as a result.

Balancer Exploited for $128 Million Across Ethereum Chains as Berachain Halts Network

Prominent market commentators are taking profits on their Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL) and XRP (CRYPTO: XRP) positions, reflecting growing bearish sentiment across the crypto market. What Happened: Crypto trader DonAlt has issued his first bearish signal on Bitcoin since it traded at $88,000, warning traders to stay cautious as the broader crypto market weakens.

Bitcoin, Ethereum, Solana, XRP Crater 5% As Traders Warn Of More Downside

BitMine Immersion shares were trading more than 8% lower on Monday after the firm acquired over 82,000 ETH in the last week.

News for Ethereum Crypto (ETH)