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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.

Bitcoin

Dogecoin

Bitcoin (CRYPTO: BTC) and other major coins traded in the negative territory Wednesday evening as the global cryptocurrency market cap declined 1.8% to $2.1 trillion. What Happened: The apex coin was down 1% at $41,837.84 over 24 hours.

Bitcoin Stuck Between These 2 Levels, Keeping Ethereum, Dogecoin Muted With It — Is This Survey Result The Next Catalyst?

On Wednesday, the crypto economy of 12,620 coins across 543 exchanges is hovering just above the $2 trillion mark. Ever since the crypto economy's market slump, bitcoin's market dominance among all the coins in existence has slowly risen from 37% zone back over the 38% range. Meanwhile, Ethereum's market dominance has diminished as it has […]

Bitcoin Dominance Increases, ETH's Market Share Slides, Stablecoin and Smart Contract Coins Rise

A popular crypto analyst says that leading smart contract platform Ethereum (ETH) is oversold and primed for recovery. In a new strategy session, the host of InvestAnswers tells his 402,000 YouTube subscribers that the second largest crypto asset by market cap is flashing signals that indicate a price spike is near. The analyst points out […] The post Ethereum Oversold and Due for a Bounce, According to InvestAnswers – Here's Why appeared first on The Daily Hodl.

Ethereum Oversold and Due for a Bounce, According to InvestAnswers – Here's Why

According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether on Wednesday is $0.25 per transaction using […]

Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer

What happened: On Tuesday a total of 10,865.96 Ether (CRYPTO: ETH) worth $34,183,864, based on the current value of Ethereum at time of publication ($3,145.96), was burned from Ethereum transactions.

10,865 ETH Worth $34M Was Just Burned

Stellar

The first step before analyzing which blockchain you should leverage to boost your business is defining your business goals and the key use cases that would be valuable to users.

Stellar Versus Ethereum: Four Key Differences To Know

The vice-chair of the European Securities and Markets Authority has called for a ban on proof-of-work cryptocurrency mining.

EU Regulator Calls for Ban on Proof-of-Work Mining Used by Bitcoin, Ethereum

Solana

A closely followed crypto strategist is predicting what's in store for Bitcoin (BTC) and smart contract platforms Ethereum (ETH) and Solana (SOL). Pseudonymous crypto analyst Pentoshi tells his 475,500 Twitter followers that while he's bearish on BTC, he expects it to bounce before continuing its corrective trend. “BTC. Bias is still this for the lower […] The post Here's What's Next for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), According to Crypto Analyst Pentoshi appeared first on The Daily Hodl.

Here's What's Next for Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), According to Crypto Analyst Pentoshi

One crypto whale just embarked on an altcoin shopping spree to the tune of $14.1 million. The blockchain-transaction tracker WhaleStats reveals that the Ethereum whale wallet named Light bought 642,999 Decentraland (MANA) for $1,845,409. Decentraland is a 3D virtual reality world that runs on Ethereum. The 43rd-ranked crypto asset is priced at $2.81. The 3rd-richest […] The post Third-Richest Ethereum Whale Splurges Over $128,000,000, Accumulates Two Metaverse Tokens and Four Other Crypto Assets appeared first on The Daily Hodl.

Third-Richest Ethereum Whale Splurges Over $128,000,000, Accumulates Two Metaverse Tokens and Four Other Crypto Assets

Bitcoin (CRYPTO: BTC) traded flat Tuesday evening as the global cryptocurrency market cap decreased 0.7% to $2.1 trillion. What Happened: The apex coin traded 0.1% higher at $42,354.43 over 24 hours.

Bitcoin, Ethereum, Dogecoin Face Fresh Round Of Regulatory Scrutiny — Is This What's Leading Privacy Cryptos To Shoot Up?

Ethereum (CRYPTO: ETH) was trading over 3% lower at one point on Tuesday afternoon after breaking down from a bear flag on Monday that Benzinga call

Why Ethereum Could Fall Even Further After Breaking Down From This Key Pattern

What happened: On Monday a total of 12,404.71 Ether (CRYPTO: ETH) worth $38,600,857, based on the current value of Ethereum at time of publication ($3,111.79), was burned from Ethereum transactions.

12,404 ETH Worth $38M Was Just Burned

January 18, 2022 – Tallinn, Estonia QANplatform, the quantum-resistant layer one hybrid blockchain platform, has launched its testnet. It allows participants to add the QAN testnet to MetaMask – thanks to the Ethereum compatibility – and transact with testnet tokens on the quantum-resistant QAN testnet. With the QAN testnet release, QANplatform is the first Ethereum-compatible, quantum-resistant blockchain platform. […] The post QANplatform Launches the World's First Ethereum-Compatible, Quantum-Resistant Blockchain appeared first on The Daily Hodl.

QANplatform Launches the World's First Ethereum-Compatible, Quantum-Resistant Blockchain

Shares of several cryptocurrency-related companies, including Coinbase Global Inc (NASDAQ: COIN), Marathon Digital Holdings Inc (NASDAQ: MARA) and Riot Blockchain Inc (NASDAQ:

Why Bitcoin- And Ethereum-Related Stocks Are Falling Today

The number of Ethereum (CRYPTO: ETH) holders has continued to grow, despite the second-largest cryptocurrency trading 35% below its all-time high. What Happened: On-chain data shows the number of Ethereum addresses has grown to an all-time high of 68.3 million.

Ethereum Holders Hit All-Time High Of 68M, But Gas Fees Remain A Hindrance

TALLINN, Estonia, 18th January, 2022, QANplatform, the Quantum-resistant Layer 1 hybrid blockchain platform, has launched its TestNet. It allows participants to add the QAN TestNet…

QANplatform launches the world's 1st Ethereum Compatible Quantum-Resistant Blockchain

The cross-chain bridge urged users to remove approvals for six tokens after it was alerted to a security flaw.

Multichain Says Around $1.4M Ether Siphoned From Users Who Failed to Update Approvals

Four low-cap altcoins are erupting, printing massive gains this week as large-cap crypto assets Bitcoin (BTC) and Ethereum (ETH) continue to consolidate. One of the hottest altcoins this week is LOOKS, the token of community-first non-fungible token (NFT) marketplace LooksRare. LOOKS has a market cap of over $627 million and surged from a seven-day low […] The post Four Under-the-Radar Altcoins Explode 113% or More in Just Seven Days As Bitcoin (BTC) and Ethereum (ETH) Trade Sideways appeared first on The Daily Hodl.

Four Under-the-Radar Altcoins Explode 113% or More in Just Seven Days As Bitcoin (BTC) and Ethereum (ETH) Trade Sideways

A popular crypto analyst is looking at how several Ethereum (ETH) challengers stack up against the leading smart contract platform. In a new Q&A session, the host of financial education YouTube channel InvestAnswers tells his 401,000 subscribers that he does not doubt Ethereum remains the dominant force with which all competitors must contend. “As I […] The post Ethereum (ETH) Has Eight Main Competitors, According to InvestAnswers – Here Are His Picks appeared first on The Daily Hodl.

Ethereum (ETH) Has Eight Main Competitors, According to InvestAnswers – Here Are His Picks

The number of ether locked in the Ethereum 2.0 contract has exceeded 9 million ethereum or more than $28 billion using today's exchange rates. The amount of ethereum locked into the contract has increased 22.29% since the first week of September 2021, when the contract held 7.4 million ether. Ethereum 2.0 Contract Exceeds 9 Million […]

ETH 2.0 Contract Surpasses 9 Million Ethereum Worth $28 Billion

Major coins remained lackluster Monday evening as the global cryptocurrency market cap decreased 2.6% to $2.15 trillion. What Happened: The apex cryptocurrency, Bitcoin (CRYPTO: BTC), traded 1.6% lower over 24 hours at $42,346.42.

Bitcoin, Ethereum, Dogecoin Fail To Impress: Can Accumulation By Small Fishes Compensate For The Missing Whale Action?

Dash

Litecoin

Ethereum Classic

During the first month of 2022, both Bitcoin and Ethereum's hashrates have climbed to all-time highs (ATHs). While Bitcoin's hashpower surged to over 200 exahash per second (EH/s), Ethereum's hashpower jumped to over 1 petahash per second (PH/s). A few mineable digital asset networks, however, saw their hashrates decline since their ATHs and the processing […]

Bitcoin, Ethereum, Monero Hashrates Tap Lifetime Highs — Dash, ETC, LTC Hashpower Lower Than Prior ATHs

What happened: On Sunday a total of 12,157.04 Ether (CRYPTO: ETH) worth $39,029,312, based on the current value of Ethereum at time of publication ($3,210.43), was burned from Ethereum transactions.

12,157 ETH Worth $39M Was Just Burned

Ethereum (ETH) continued its downward correction after the price met rejection at the high of $3,400. The bulls failed to overcome the recent high as the market reached an overbought region.

Ethereum Consolidates above $3,200 Support as Buyers Regroup for a Rebound

Leading NFT marketplace OpenSea has seen its monthly trading volume in Ethereum hit a new all-time high above $3.5 billion.

News for Ethereum Crypto (ETH)