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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.

The Klaytn Foundation, an organization devoted to expanding the Klaytn ecosystem, announced that Creder, one of its governance council members, will launch a tokenized gold offering called Gold Pegged Coin (GPC) in January. Creder will also launch Goldstation, a decentralized finance platform to convert physical gold into GPC tokens.

South Korean Tokenization Startup Chooses Klaytn Over Ethereum for Gold NFTs

Celsius accounts for almost a third of ETH awaiting withdrawal, as it begins "recalling and rebalancing assets" ahead of asset distributions.

Celsius to Unstake $466 Million Ethereum Holdings, 'Ensure Ample Liquidity' for Creditors

The defunct crypto lender sent over 30,000 ETH to custodian Fireblocks in the past week, some of which was deposited at crypto exchange Coinbase, data shows.

Celsius to Unstake Thousands of Ether, Possibly Easing ETH Selling Pressure

Celsius Network announced today on X that it plans to unstake existing holdings of Ethereum to facilitate asset distribution to its creditors.

Celsius to unstake ETH holdings for creditors to ‘ensure ample liquidity'

Bitcoin

Dogecoin

Bitcoin rebounded over the $44,000 level on Thursday after the cryptocurrency valuations plummeted a day earlier. The global cryptocurrency market cap rose nearly 1% to $1.66 trillion at the time of publishing.

Bitcoin Bounces Back — Dogecoin, Ethereum Rise As Spot ETF Hopes Get Revived: Analyst Predicts Eventual Rebound To $57K For King Crypto

Solana

Bankruptcies, lawsuits, wins for the SEC, losses for crypto operators, bad actors and the spot Bitcoin ETF approval: the crypto space in 2023 was an eventful and remarkable year. In its latest report, Messari highlighted crypto and its relevance in 2024.

Analysts Favor Solana, Ethereum's Supply Dynamics; Call Bitcoin 'Godzilla Of Finance': Messari Report

Solana's “Less Fn Gas” airdropped LFG tokens to Ethereum users who spent over $4,269 in gas over the last year. It doesn't want to stop there.

Solana's LFG Token Lures Ethereum Users, Plans Second Airdrop and Grants Program

According to recent data, in the past month, the quantity of bitcoin residing in centralized cryptocurrency exchanges surged by 32,058 bitcoin. Concurrently, the ethereum reserves on these exchanges have diminished, with 262,904 ether, valued at $597.42 million, being withdrawn from trading platforms since Dec. 4, 2023.

Crypto Exchanges Witness Bitcoin Deposit Boom Amidst Ethereum Retreat

Etherscan, Ethereum's (ETH) blockchain data explorer, has acquired its counterpart in the Solana (SOL) ecosystem, Solscan. Solscan launched in 2021 and has served more than 3 million monthly users since then, according to a press release announcing the acquisition.

Ethereum Blockchain Data Platform Etherscan Acquires Solana Ecosystem's Block Explorer Solscan

Bitcoin BTC has bounced back from a flash crash, helping the price of smaller coins ethereum, XRP XRP and solana recover as hype over a bitcoin spot exchange-traded fund (ETF) leak returns.

Huge $1.5 Trillion ETF ‘Snowball Effect' Prediction Triggers Sudden Bitcoin Price Surge—Boosting Ethereum, XRP And Solana

Cross-chain lending protocol Radiant Capital (RDNT) fell victim to a hack on Tuesday, resulting in the theft of 1,900 ETH, worth approximately $4.5 million.

Lending Protocol Radiant Capital Exploited, Lost $4.5M in ETH

Major cryptocurrencies took a nosedive on Wednesday evening amid concerns about the possible approval of a spot Bitcoin ETF.

Bitcoin, Ethereum, Dogecoin Plummet As $600M Longs Liquidated In A Single Day: Analyst Says 'We Hold $41K And Pump To New Highs Towards $47K'

In the ever-volatile world of crypto assets, ethereum has exhibited a notable decline, with an 8.1% decrease in price over the past 24 hours. Technical indicators and chart patterns suggest a bearish sentiment in the air, urging traders to navigate with caution.

Ethereum Technical Analysis: ETH Slides Over 8% Amid Downward Market Pressure

Bonk

Bitcoin (CRYPTO: BTC) moved lower, with the cryptocurrency prices trading below the key $43,000 level on Wednesday. Ethereum (CRYPTO: ETH) also recorded losses, trading below the key $2,300 mark this morning.

Ethereum Falls Below $2,300; Bonk Becomes Top Loser

Bitcoin and crypto prices—including ethereum, XRP XRP and solana—have suddenly crashed as fears swirl the huge Wall Street bid for a bitcoin spot exchange-traded fund (ETF) could be denied.

The ‘Rug Pull Of The Decade'—Bitcoin ETF Denial Fears Suddenly Crash The Price Of Bitcoin, Ethereum, XRP And Solana

Cosmos

Dymension, a layer-1 blockchain built on Cosmos, has announced a "genesis rolldrop" of its DYM token to more than a million crypto users across various chains and projects.

Dymension Announces “Genesis Rolldrop,” Ethereum, Solana, Cosmos Users Can Claim DYM Tokens

Solana's NFT sales volume surpassed that of Ethereum in December 2023, marking the first time this has occurred.

Solana NFT Sales Overtake Ethereum for the First Time Ever in December

Cross-chain lending protocol Radiant Capital was hacked for 1,900 ETH, blockchain security firm PeckShield reported on X today.

Radiant Capital reportedly hacked for $4.5 million worth of ETH

Major cryptocurrencies traded mixed on Tuesday evening as major Wall Street firms completed their paperwork last week, anticipating approval from the Securities and Exchange Commission (SEC).

Bitcoin, Ethereum, Dogecoin Trade Mixed Amid High-Praise For King Crypto From Jim Cramer: Analyst Says 'We Will Hit $100k In 2024' As BTC Starts Year With 21-Month High

Arbitrum

Chainlink

Avalanche

Fantom

Polygon

Closely followed crypto strategist and trader Michaël van de Poppe is naming the top five altcoins he is bullish on in 2024. In a new strategy video, Van de Poppe tells his 162,000 YouTube subscribers that his first top altcoin choice this year is the smart contract platform Ethereum (ETH).

Ethereum, Chainlink and Arbitrum Are Among Top 5 Altcoin Plays for This Year, According to Michaël van de Poppe

Rising momentum around Solana catapulted NFT sales above Ethereum in December, according to data from CryptoSlam.

Solana NFT Sales Skyrocket, Topping Ethereum in Monthly Volume for First Time

More than a million crypto users and NFT owners across chains can now claim DYM tokens in Dymension's airdrop.

Dymension Is the Latest Airdrop for Solana, Ethereum, and Cosmos Users

Ethereum (CRYPTO: ETH) co-founder Vitalik Buterin is focusing on six key components in 2024 designed to improve the blockchain ecosystem. Buterin highlighted strategic directions, including upgrades and innovations intended to address existing challenges and introduce improvements within the Ethereum network.

Ethereum Revs Up For 2024 As Co-Founder Vitalik Buterin Outlines 6 Key Strategies

The price of Ethereum (ETH) has rallied twice above the 21-day simple moving average (SMA) in anticipation of a strong trend. Price analysis by Coinidol.com.

Ethereum Continues Its Upward Trend And Sets Its Sights On The $2,400 Mark

Ethereum co-founder Vitalik Buterin has shared the Ethereum roadmap for 2024, outlining the project's continued focus on six main components.

News for Ethereum Crypto (ETH)