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.

Solana

Solana led major tokens with a 10.8% bounce, while ether reclaimed $2,000 and bitcoin climbed back above $66,800 ahead of traditional futures opens on Sunday.

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The cryptocurrency market served as a real-time volatility barometer over the weekend as joint U.S. and Israeli strikes on Iran triggered a sharp sell-off while traditional markets were closed. The Bitcoin Benchmarking The cryptocurrency market once again fell victim to its own always-on architecture.

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Bitcoin

Dogecoin

Bitcoin is maintaining support around the $65,000 level amid strong institutional interest heading into the weekend.

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Bitcoin is maintaining support around the $65,000 level amid strong institutional interest heading into the weekend. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $65,364.43 Ethereum (CRYPTO: ETH) $1,921.84 Solana (CRYPTO: SOL) $81.58 XRP (CRYPTO: XRP) $1.35 Dogecoin (CRYPTO: DOGE) $0.09324 Shiba Inu (CRYPTO: SHIB) $0.055740 Notable Statistics: Coinglass data shows 96,079 traders were liquidated in the past 24 hours for $259.25 million.

Magic Eden is pulling support for Ethereum-compatible and Bitcoin-based assets, marking an end to its multi-chain approach to user adoption.

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South Korea's tax service shared the seed phrases for seized wallets in a press release. The contents were then taken, but ultimately returned.

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The new post reflects Buterin's renewed focus on scaling Ethereum's base layer, after several years in which much of the ecosystem's scaling strategy centered on layer-2 rollups.

Vitalik Buterin reveals his bold new plan to fix Ethereum's scaling problem

Ethereum (CRYPTO: ETH) has fallen roughly 35% over the past month, yet strong on-chain activity and high-profile holders speak to some bullish sentiment remaining.. Cryptocurrency Ticker Price Market Cap 7-Day Trend Ethereum (CRYPTO: ETH) $1,960.50 $236.7 billion +0.9% Bitcoin (CRYPTO: BTC) $66,115.02 $1.32 trillion -1.5% XRP (CRYPTO: XRP) $1.37 $84 billion -1.6% Trader Notes: Altcoin Sherpa said Ethereum could be forming a bottom if selling pressure continues to ease and network activity remains firm.

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Bitcoin slipped back toward $66,000 even as ETF inflows remained robust, with broader sentiment stuck in the extreme fear zone at 16; liquidations stand at $258.85 million over the past 24 hours. Bitcoin ETFs saw $254.5 million in net inflows on Thursday, while Ethereum ETFs reported $6.57 million in net inflows.

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Positioning in futures and options shows traders looking to protect against further declines.

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Leading cryptocurrencies cooled down on Thursday amid uncertainty over potential market bottoms. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 8:25 p.m.

News for Ethereum Crypto (ETH)