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

Solana

The White House's “Crypto Czar” David Sacks says he sold all of his crypto, including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), before the start of Donald Trump's presidency. Sacks says he also owned a $74,000 position in a Bitwise exchange-traded fund, which he sold on January 22nd, two days after Trump's inauguration.

Crypto Czar David Sacks Says He Sold All Bitcoin, Ethereum and Solana Prior to Trump's Inauguration

The CEO of the recently hacked crypto exchange Bybit says that North Korean hackers have converted 417,348 stolen Ethereum (ETH) into Bitcoin (BTC). According to Bybit CEO Ben Zhou, North Korean state-sponsored hackers stole approximately $1.4 billion in ETH from Bybit, bridging a significant portion of the assets to Bitcoin.

North Korean Hackers Convert 417,348 Ethereum Worth $1,000,000,000 Into Bitcoin Mostly via THORChain: Bybit CEO

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Trump's crypto reserve plan sparks criticism, bitcoin and ether slide as new tariffs take effect and more

Across Protocol has successfully raised $41 million through the sale of its ACX tokens, with Paradigm leading the funding round.

$41 Million Token Round for Across Protocol Led by Paradigm To Streamline Ethereum Connectivity

One position worth $126 million was just 4% away from being liquidated.

Ether Came Dangerously Close to Massive Liquidation. Here Are Some Levels to Watch

Paradigm led Across Protocol's token round, with participation from Bain Capital Crypto, Coinbase Ventures and others.

Paradigm leads $41 million token round for Across Protocol aiming to unify Ethereum

After focusing on AI and transitioning from Ethereum mining post-Merge, CoreWeave saw its annual revenue surge to $1.9 billion.

CoreWeave previously mined Ethereum, but its post-Merge AI focus now has it seeking to raise $4 billion via an IPO as revenues surge

Dogecoin

Leading cryptos retreated amid uncertainty around the details of President Trump's crypto reserve plans and upcoming tariffs.

Dogecoin, Solana Down by Double Digits as Ethereum Price Hits 15-Month Low

The week began with bitcoin ETFs experiencing a net outflow of $74 million, while ether ETFs marked their eighth consecutive day of withdrawals, totaling $12 million. Bitcoin and Ether ETFs Continue to See Capital Outflows The crypto exchange-traded funds (ETFs) market commenced the week with continued outflows, as bitcoin ETFs experienced net outflows totaling $74.

Bitcoin ETFs Face $74 Million Outflow as Ether Funds Mark Eighth Consecutive Day of Withdrawals

Cardano

Trump seems to have taken a page out of his real estate negotiations in pitching XRP, ADA and SOL as candidates for crypto reserve to win over approval for bitcoin.

Trump's Mention of XRP, ADA and SOL May Be Bait to Secure BTC, ETH Reserve

The testnet phase is a crucial step toward MegaETH's mainnet launch, tentatively targeted for late 2025.

MegaETH set to deploy public testnet this week

An investor who shorted Ethereum (CRYPTO: ETH) with massive leverage is now sitting on tens of millions in unrealized profit as the market plunged following President Donald Trump's tariff announcement. What Happened: The trader took a 50x leverage bet on ETH's decline on Monday, according to on-chain tracker Lookonchain.

Whale Leveraged 50x Short Sees $81 Million In Paper Gains As Ethereum Plummets After Trump's Tariff Confirmation

Trump's tariffs on Canadian, Mexican and Chinese imports, taking effect Tuesday, have 'further fueled risk-off sentiment,' says an analyst.

Bitcoin, ether lose over 10% as Trump's tariffs take effect

$165 million in long ETH positions have been liquidated in the last 12 hours.

ETH Tests $2K, Lowest Since November 2023

U.S. President Donald Trump has named five cryptocurrencies he wants to be part of a new strategic reserve - in other words, crypto holdings owned by the U.S. government.

The five cryptocurrencies Trump wants the US to hold in reserve

Despite the significant liquidation volume, major lending platforms have demonstrated resilience, continuing to function as designed even under stress.

February's market crash triggers $500 million in ETH liquidations

Zora, a multi-chain NFT and tokenization protocol, has revealed plans to launch its own token on Ethereum layer-2 Base with an airdrop.

Ethereum NFT Protocol Zora Reveals Token Airdrop Plans

President Trump's plan to create a strategic reserve of altcoins—and not solely Bitcoin—is puzzling analysts at Bernstein.

Ethereum and Solana in the 'Strategic Bitcoin Reserve'? Rationale Is 'Unclear', Says Bernstein

Crypto markets are pulling back after a strong Sunday as digital asset investment products saw their third consecutive week of outflows, with Bitcoin taking the biggest hit—$2.6 billion in outflows. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $85,736.90 -8.8% Ethereum (CRYPTO: ETH) $2,119.28 -15.5% Solana (CRYPTO: SOL) $144.10 -17% XRP (CRYPTO: XRP) $2.40 -16.3% Dogecoin (CRYPTO: DOGE) $0.1994 -14.8% Shiba Inu (CRYPTO: SHIB) $0.00001290 -14% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 25% and daily active addresses falling by 16.8%.

Bitcoin, Ethereum, XRP, Dogecoin See 'Sunday Pump, Monday Dump'—A Higher Low In The Making?

Blockchain tracking firm Lookonchain says one crypto trader generated astronomical returns by betting big on Bitcoin (BTC) and Ethereum (ETH) as President Trump announced a potential US crypto reserve.

Whale Uses 50x Leverage To Profit $6,800,000 on Bitcoin and Ethereum During Trump's Crypto Reserve Announcement

One of ZKNox's goals is to make post-quantum cryptographic operations more efficient on Ethereum, securing the chain for a quantum computing future.

Ethereum Foundation backs advanced cryptography startup ZKNox, eyeing post-quantum future

The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday's surge.

Bitcoin, Ethereum and Solana Falling as Trump US Crypto Reserve Hype Cools

White House-appointed ‘Crypto Czar' David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRYPTO: SOL)—before joining the administration. What Happened: In an X post on Monday, Sacks cited a Financial Times report detailing his crypto holdings.

Crypto Czar David Sacks Confirms Selling All Bitcoin, Ethereum, Solana Holdings, Denies 'Large Indirect Holdings'

Prominent pseudonymous crypto trader Eugene Ng Sio is eyeing a measured approach to the current market conditions following President Trump's strategic cryptocurrency reserve announcement that sent Bitcoin (CRYPTO BTC) above $94,000 on Sunday. What Happened: Major cryptocurrencies have slightly retraced following the Sunday rally, with all proposed ‘reserve cryptocurrencies' trading above Friday's highs.

Bitcoin, Ethereum, XRP Consolidate After Trump Strategic Reserve Announcement

A trader on Hyperliquid, a decentralized perpetual swaps platform, leveraged a $5.6 million deposit to open 50x long positions on Bitcoin and Ethereum.

News for Ethereum Crypto (ETH)