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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 hotly anticipated OP airdrop is live, although some users have been unable to claim tokens due to high demand.

Ethereum Scaling Solution Optimism Airdrops Tokens to 249K Wallets

Financial services giant Fidelity is reportedly preparing to expand its crypto assets division, which is focused on appealing to institutional investors. In a new report, the Wall Street Journal says that Fidelity Digital Asset Services will be doubling its roster of crypto assets beyond that of just Bitcoin (BTC) to include leading smart contract platform […] The post Asset Management Titan Fidelity To Offer Ethereum (ETH) Trading and Custody Services: Report appeared first on The Daily Hodl.

Asset Management Titan Fidelity To Offer Ethereum (ETH) Trading and Custody Services: Report

Bitcoin

A recent government estimate shows that nearly 2% of the total electricity consumption in Russia goes into crypto mining. What Happened: According to a CoinTelegraph report, Vasily Shpak, the Russian deputy minister for trade and industry, called for bringing the cryptocurrency mining industry under the purview of the law.

Russia Estimates That Bitcoin, Ethereum, Crypto Mining Consumes 2% Of Total Electricity

ETH briefly rose above $2,000 on Tuesday, as crypto bulls were once again present in today's market session. BTC was also higher, with the world's largest cryptocurrency climbing to its highest point in nearly three weeks. Bitcoin Bitcoin rose to its highest level in nearly three weeks on Tuesday, as crypto prices continued to rally, […]

Bitcoin, Ethereum Technical Analysis: ETH Back Above $2,000 as Crypto Rally Extends

The world's largest Ethereum (ETH) whales are loading up on three metaverse altcoins as the crypto markets flash signs of improvement. Outside of stablecoins and ETH, the play-to-earn blockchain gaming platform Gala (GALA) was the top target for the 100 largest Ethereum wallets on Sunday, according to blockchain tracker WhaleStats. The top 100 ETH addresses […] The post Ethereum Whales Are Loading Up on Three Metaverse Projects and Two Ethereum Altcoins, According to On-Chain Analysis appeared first on The Daily Hodl.

Ethereum Whales Are Loading Up on Three Metaverse Projects and Two Ethereum Altcoins, According to On-Chain Analysis

Ethereum's oldest proof-of-work testnet is transitioning to proof-of-stake, with two more to follow “before focus shifts to mainet.”

Ethereum's Ropsten Test Network Ready for Merge ‘Dress Rehearsal'

Eurovision winners Kalush Orchestra auctioned off its trophy for 500 Ethereum to raise money for the Ukrainian army.

Eurovision Winners Kalush Orchestra Raise Nearly $1M in Ethereum for Ukraine

Cardano

Amid a recovering crypto market, the token underpinning the Cardano blockchain is up nearly 30% on the day.

Cardano Jumps 29% as Bitcoin Ethereum Recover

Dogecoin

Bitcoin and Ethereum rallied sharply at press time on Monday evening as the global cryptocurrency market cap spiked 7.5% to $1.3 trillion. Price Performance Of Major Coins Coin 24-hour 7-day Price Bitcoin (CRYPTO: BTC) 7.8% 8.4% $31,653.45 Ethereum (CRYPTO: ETH) 10.3% 0.6% $1,993.84 Dogecoin (CRYPTO: DOGE) 6.5% 5.2% $0.09 Top 24-Hour Gainers (Data via CoinMarketCap) Cryptocurrency 24-Hour % Change (+/-) Price WAVES (WAVES) +75.6% $7.72 Axie Infinity (DCR) +47% $26.92 Helium (HNT) +27.9% ​​$9.38 See Also: Best Crypto Debit Cards Why It Matters: The apex coin traded over $31,000, while Ethereum, the second-largest coin by market cap, traded just below the psychologically important $2,000 level at press time.

Bitcoin, Ethereum, Dogecoin Spike Alongside Stronger Stocks: Time For Crypto To Finally 'Play Catch-Up?'

A leading blockchain analytics firm says the largest Ethereum whales on record are currently showing very little interest in accumulating ETH at current prices. In a new video, Santiment says it's keeping an eye on addresses holding 10,000 to one million ETH and notes that the investor cohort largely remains on the sidelines, even though […] The post Top Crypto Analytics Firm Issues Ethereum (ETH) Whale Alert appeared first on The Daily Hodl.

Top Crypto Analytics Firm Issues Ethereum (ETH) Whale Alert

Cosmos

Sushi Swap

Kava brings on Sushi to its developer incentive program by allocating a total $14 million in funds that will take the form of Sushi and Kava daily rewards, split equally.

The integration will allow Sushi users and developers to have seamless access to the entire $300 billion market value of Ethereum and Cosmos from a single network.

Avalanche

A bot with a reputation for profitability is revealing the latest results of a crypto portfolio survey taken on Real Vision Exchange. The Real Vision bot recently shared a bar graph illustrating how investors are currently most interested in leading crypto assets Bitcoin (BTC), Ethereum (ETH) as well as stablecoin USD Coin (USDC). “Latest results of the RealVision Exchange […] The post Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise appeared first on The Daily Hodl.

Bot Known for Outperforming Crypto Markets Reveals Portfolio Allocations As Bitcoin and Ethereum Rise

Curious about staking Ethereum? This week's DeFi D.I.Y.

DeFi DIY: How to Stake Ethereum on Lido Finance

Ethereum price (ETH) is returning to its previous low and recovering from the support at $1,763. The largest altcoin has broken out above the high at $1,900 and is reaching the previous range zone.

Ethereum Rallies above $1,763 Low but Struggles below $1,900 High

Bitcoin rose above $30,000 to start the week, with bearish sentiment marginally fading as we head into June. ETH also rallied on Monday, however the world's second largest cryptocurrency continued to hover below $1,900. Bitcoin Following almost five days trading below $30,000, BTC finally surged, with prices climbing to their highest point in over two […]

Bitcoin, Ethereum Technical Analysis: BTC up to $30,000 to Start the Week

Solana

A widely-followed crypto strategist and trader is predicting what's ahead for Bitcoin (BTC), Ethereum (ETH) and Solana in the next few days. Michaël van de Poppe tells his 605,700 Twitter followers that Bitcoin may once again bounce off a key support level and reclaim the psychological level of $30,000 before the month of May expires. […] The post Imminent Moves to the Upside Likely for Bitcoin, Ethereum and Solana, According to Top Analyst – Here Are His Targets appeared first on The Daily Hodl.

Imminent Moves to the Upside Likely for Bitcoin, Ethereum and Solana, According to Top Analyst – Here Are His Targets

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even cheaper, as the […]

Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3

Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios. This week, we posed the following questions to over 1,000 Benzinga visitors on cryptocurrency investing:  Do you think Bitcoin is heading below $20,000 by the end of June?

Do You Think Bitcoin Is Heading Below $20,000, Ethereum Below $1,000 And Dogecoin Below 5 Cents By End Of June?

A prominent market intelligence firm says that Ethereum's (ETH) gas fees have dropped to levels not seen since the crypto markets collapsed in May of 2021. In a new report, Santiment says that the depressed gas fees on Ethereum suggests that interest in using the leading smart contract platform have significantly declined. “Ethereum fees are […] The post Ethereum Gas Fees Dropping to Extremely Low Levels, According to Analytics Firm – Here's What It Means appeared first on The Daily Hodl.

Ethereum Gas Fees Dropping to Extremely Low Levels, According to Analytics Firm – Here's What It Means

Real Vision CEO and macro guru Raoul Pal says he believes leading smart contract platform Ethereum (ETH) will likely outperform Bitcoin (BTC) in the long run. In a new interview on Crypto Banter, Pal says that even though the top crypto asset by market cap beats ETH in total trading volume and number of active […] The post Macro Expert Raoul Pal Explains Why He's More Bullish on Ethereum (ETH) Than Bitcoin (BTC) appeared first on The Daily Hodl.

Macro Expert Raoul Pal Explains Why He's More Bullish on Ethereum (ETH) Than Bitcoin (BTC)

A closely tracked crypto strategist who continues to build a following with his bearish calls says it is almost time for leading digital asset Bitcoin (BTC) to ignite another huge sell-off event. Pseudonymous trader Capo tells his 323,500 Twitter followers that demand for Bitcoin at $28,000 is nearly exhausted as BTC bears continue to stack […] The post Crypto Analyst Says Bitcoin Capitulation Imminent, Updates Outlook on Ethereum, Solana and One More Altcoin appeared first on The Daily Hodl.

Crypto Analyst Says Bitcoin Capitulation Imminent, Updates Outlook on Ethereum, Solana and One More Altcoin

A leading crypto analytics firm says long-term holders are buying into Ethereum (ETH) despite the second-ranked crypto asset's price struggles. According to IntoTheBlock's head of research, Lucas Outumuro, more than 50% of all the Ethereum in circulation now belongs to addresses that have been holding ETH for more than one year. “Addresses that have been […] The post Long-Term Holders Double Down on Ethereum (ETH), According to Crypto Analytics Firm IntoTheBlock appeared first on The Daily Hodl.

Long-Term Holders Double Down on Ethereum (ETH), According to Crypto Analytics Firm IntoTheBlock

A popular Ethereum (ETH) wallet is unveiling a new partnership to help victims of crypto scams recover their digital assets. According to a recent press release, MetaMask, a crypto wallet with over 30 million users created by blockchain technology firm ConsenSys, is teaming up with Asset Reality, a protocol designed for recovering, managing and accessing […] The post Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams appeared first on The Daily Hodl.

Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams

Shiba Inu

Even though the price of Dogecoin (CRYPTO: DOGE) rival Shiba Inu (CRYPTO: SHIB) continues to fall, Ethereum (CRYPTO: ETH) whales seem to have a good inclination towards the meme coin.  Shiba Inu has recently become the most significant holding of the top 500 ETH whales.

Ethereum Whale Buys $1.5M Worth Of Shiba Inu In One Shot

Bitcoin bears re-entered the marketplace on Saturday, as prices moved closer to a multi-week low to start the weekend. BTC once again fell below $29,000, whilst ETH continues to move lower, and now hovers around $1,750. Bitcoin Following a brief rebound on Friday, BTC once again moved lower, with prices falling under the $29,000 mark […]

News for Ethereum Crypto (ETH)