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

Walmart-backed fintech OnePay plans to roll out cryptocurrency trading and custody features in its app by the end of the year.

Walmart-Backed OnePay to Add Bitcoin and Ether Trading to Finance App: CNBC

Lighter, a decentralized perpetuals exchange, has launched its Ethereum Layer 2 public mainnet after eight months of beta testing. The protocol introduces verifiable ZK-based trading and kicks off the second season of its points program, running through 2025.

Lighter Launches Ethereum Layer 2 Mainnet

Ethereum's next major network upgrade, Fusaka, could reshape how users experience the blockchain by lowering costs and boosting efficiency, according to asset manager VanEck.

How Ethereum's Fusaka Upgrade Could Be a Game-Changer, Asset Manager VanEck Explains

Last month, Ethereum Foundation made similar announcement when it said would convert 10,000 ether (worth $43.6 million at the time).

Ethereum Foundation swapping $4.5 million in ETH for stablecoins to fuel growth

Dogecoin

Bitcoin is back above $122,000, closing in on its first all-time high break since August. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $122,529.00 Ethereum (CRYPTO: ETH) $4,513.96 Solana (CRYPTO: SOL) $233.19 XRP (CRYPTO: XRP) $3.04 Dogecoin (CRYPTO: DOGE) $0.2597 Shiba Inu (CRYPTO: SHIB) $0.00001268 Notable Statistics: Coinglass data shows 145,004 traders were liquidated in the past 24 hours for $556.48 million.

Bitcoin Rebounds To $122,000 As Ethereum, XRP, Dogecoin Rally Into Weekend

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

The Daily: Samsung partners with Coinbase to offer crypto in Galaxy wallets, Walmart-backed OnePay to launch BTC and ETH trading, and more

Walmart owned fintech platform OnePay is reportedly adding Bitcoin and Ethereum trading to its mobile app later this year.

Walmart's OnePay App to Include Bitcoin, Ethereum Trading: CNBC

The largest altcoin reached a high of $4,560 before pausing. Ethereum price analysis by Coinidol.com.

Ethereum Price Hits A Hurdle At $4,600

Walmart-backed OnePay is reportedly preparing to add bitcoin and ether trading and custody to its mobile banking app.

Walmart-owned OnePay to launch bitcoin, ether trading and custody on mobile later this year: report

ETH surged to a two-week high, as analysts watch closely to see whether digital asset treasuries will resume accumulating Ethereum.

Ethereum Briefly Hits Two-Week High of $4,500: What's Next?

Bitcoin is holding above $120,000 on Friday morning as the U.S. government remains in shutdown. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $120,304.71 Ethereum (CRYPTO: ETH) $4,474.50 Solana (CRYPTO: SOL) $230.15 XRP (CRYPTO: XRP) $3.03 Dogecoin (CRYPTO: DOGE) $0.2556 Shiba Inu (CRYPTO: SHIB) $0.00001239 Notable Statistics: Coinglass data shows 147,934 traders were liquidated in the past 24 hours for $401.39 million.

Bitcoin, Ethereum, XRP Remain Strong As ETF Flows Reach $900 Million

Bitcoin ETFs logged $627 million in inflows on Thursday, their fourth straight day of gains, while ether ETFs brought in $307 million across seven funds. Both asset classes are enjoying surging institutional demand and rising trading volumes.

Institutional Demand Surges as Bitcoin and Ether ETFs See Over $900 Million Inflows

Leading cryptocurrencies and stocks rose higher on Thursday, as investors shrugged off government shutdown concerns. Cryptocurrency Gains +/- Price (Recorded at 9:25 p.m.

Bitcoin Breaks $121,000; Ethereum, Dogecoin, XRP Also Extend Gains: Analytics Firm Says BTC Rally To $130,000 'Appears Realistic'

The price of bitcoin and ethereum are rising alongside stocks, which have historically gained during similar shutdowns.

Bitcoin tops $121,000, ether hits three-week high amid US shutdown shuffle

Bitcoin surged above $120,000 on Thursday, hitting its highest valuation since the start of August. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $120,796.57 Ethereum (CRYPTO: ETH) $4,503.90 Solana (CRYPTO: SOL) $232.23 XRP (CRYPTO: XRP) $3.07 Dogecoin (CRYPTO: DOGE) $0.2593 Shiba Inu (CRYPTO: SHIB) $0.00001268 Notable Statistics: Coinglass data shows 137,574 traders were liquidated in the past 24 hours for $448.47 million.

Bitcoin Surpasses $120,000 As XRP Hits $3, Ethereum, Dogecoin Surge

Shareholders of FG Nexus may soon hold pieces of the company the crypto-native way: as tokenized stock recorded on the Ethereum blockchain.

FG Nexus to Tokenize Nasdaq-Listed Shares on Ethereum in Securitize Tie-Up

Bitcoin exchange-traded funds (ETFs) roared with $676 million in inflows on Wednesday, marking their third straight day of gains, while ether ETFs added $81 million across four funds. Both asset classes are enjoying a strong revival of institutional demand.

Bitcoin ETFs Soar With $676 Million Inflow as Ether ETFs Add $81 Million

Bitcoin has hit its highest price in two months by surging above $118,000 on early Thursday morning. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $118,705.11 Ethereum (CRYPTO: ETH) $4,382.63 Solana (CRYPTO: SOL) $225.07 XRP (CRYPTO: XRP) $2.99 Dogecoin (CRYPTO: DOGE) $0.2579 Shiba Inu (CRYPTO: SHIB) $0.00001261 Notable Statistics: Coinglass data shows 106,691 traders were liquidated in the past 24 hours for $357.41 million.

Bitcoin Hits 2-Month At $118,000 High, Ethereum, XRP, Dogecoin Rocket Higher

Ethereum-focused digital asset treasury firm FG Nexus (FGNX) said Thursday it has tapped tokenization specialist firm Securitize to let investors hold its common and preferred shares as tokens on the Ethereum blockchain.

ETH Treasury Firm to Tokenize Nasdaq-Listed Shares on Ethereum With Securitize

Citigroup raised its year-end price target for ether to $4,500 from $4,300, citing strong flows from ETFs and digital asset treasuries.

Citigroup lifts ether outlook, trims bitcoin view on shifting investor flows

Leading cryptocurrencies jumped alongside stocks on Wednesday, as investors looked past government shutdown concerns. Cryptocurrency Gains +/- Price (Recorded at 9:30 p.m.

Bitcoin, Ethereum, Dogecoin, XRP Shrug Off Shutdown Concerns: Analytics Firm Projects BTC's Q4 Surge to $160,000–$200,000

Solana

Prediction market users on Myriad are split on the path forward for Ethereum and Solana. The charts tell an interesting story.

Ethereum or Solana: Which Hits a New All-Time High First?

Cryptocurrencies surged on Wednesday, with Bitcoin convincingly surpassing the $117,000 mark. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $117,462.92 Ethereum (CRYPTO: ETH) $4,319.33 Solana (CRYPTO: SOL) $219.53 XRP (CRYPTO: XRP) $2.94 Dogecoin (CRYPTO: DOGE) $0.2468 Shiba Inu (CRYPTO: SHIB) $0.00001233 Notable Statistics: Coinglass data shows 126,124 traders were liquidated in the past 24 hours for $519.11 million.

Bitcoin Hits $117,000, Ethereum, XRP Unbothered By Government Shutdown

Bitcoin and ether exchange-traded funds (ETFs) extended their recovery, bringing in $430 million and $127 million, respectively. Blackrock's IBIT led bitcoin inflows, while Blackrock's ETHA carried ether to another positive day. Institutional Demand Holds Strong as Bitcoin and Ether ETFs See Back-to-Back Gains Momentum is building in crypto ETFs.

Bitcoin and Ether ETFs Extend Recovery With $557 Million in Inflows

Ether jumped 5.7% on Wednesday to $4,337, pulling the derivatives market into overdrive as futures open interest swelled and options traders stacked bullish positions. Futures Stacked, Calls Loaded, Max Pain Teases $4K Zone Coinglass figures show exchange ETH futures open interest in the high-$50 billion after peaking above $70 billion in late August.

News for Ethereum Crypto (ETH)