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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

Real Vision CEO Raoul Pal is unveiling his price targets for Bitcoin (BTC) and Ethereum (ETH) this year while naming one nascent crypto sector that he believes will do well in the coming months.  In a new Real Vision Finance interview, Pal says favorable macroeconomic conditions toward the end of the year could push Bitcoin […] The post Raoul Pal Unveils 2022 Price Predictions for Bitcoin (BTC) and Ethereum (ETH), Says One Crypto Sector Will Explode This Year appeared first on The Daily Hodl.

Raoul Pal Unveils 2022 Price Predictions for Bitcoin (BTC) and Ethereum (ETH), Says One Crypto Sector Will Explode This Year

The auction house sold a diamond for $12.3 million in cryptocurrency last July. Now Sotheby's is doubling down on its outreach to the crypto nouveau riche.

Sotheby's to Accept BTC, ETH or USDC in Auction of Rare Black Diamond Called ‘The Enigma'

Cardano

Solana

Crypto is braced for some of its biggest names to come together for the North American Bitcoin Conference—with billionaire investor Mark Cuban set to join crypto-friendly Miami Mayor Francis Suarez on stage...

Bitcoin, Crypto And NFTs Are Braced For A Big Week As Extreme Price Swings Hit Ethereum, BNB, Solana, Cardano And XRP

Dogecoin

Terra

Polygon

Crypto markets have shaken off last week's terrible slump. BTC and ETH are up, but altcoins are up more.

Bitcoin, Ethereum Begin Slow Rebound as Terra, Near, Dogecoin, Polygon Surge

What happened: On Friday a total of 17,198.88 Ether (CRYPTO: ETH) worth $57,663,366, based on the current value of Ethereum at time of publication ($3,352.74), was burned from Ethereum transactions.

17,198 ETH Worth $57M Was Just Burned

Fantom

On Saturday, January 15, 2022, the value locked in decentralized finance (defi) protocols across a number of blockchains has increased from $233.95 billion since January 8, to $239.44 billion. Curve's total value locked (TVL) dominance today is 9.76% with its $23.38 billion TVL. Meanwhile, native assets for the top nine smart contract platforms have seen […]

Value Locked in Defi Jumps 2.3% in 7 Days, Ethereum NFT Sales Dominate, Fantom TVL Jumps 26%

Crypto research firm Delphi Digital thinks a blockchain platform designed for decentralized finance (DeFi) could be the next major player among layer-1 scaling solutions. In its Delphi Daily tweets offering updates and insights about the crypto space, the firm tells its 103,700 followers that Fantom (FTM) is defying an industry-wide downtrend by racking up an […] The post One Ethereum Rival Eyes Major Breakout After Gaining $1,200,000,000 in Total Value Locked: Delphi Digital appeared first on The Daily Hodl.

One Ethereum Rival Eyes Major Breakout After Gaining $1,200,000,000 in Total Value Locked: Delphi Digital

North Korean hackers stole cryptocurrency worth about $400 million last year in at least seven major attacks on crypto platforms. “Only 20% of the stolen funds were bitcoin … And for the first time ever, ether accounted for a majority of the funds stolen at 58%,” said blockchain data analytics firm Chainalysis. North Korean Hackers […]

North Korean Hackers Stole $400 Million in Cryptocurrency Last Year — Ether Accounts for 58% of Stolen Funds

Cryptocurrency trader Justin Bennett is revealing where he sees Bitcoin (BTC), Ethereum (ETH) and two altcoins heading in the coming days and weeks. Starting with Bitcoin, Bennett tells his 7,820 YouTube subscribers that the first resistance level the flagship cryptocurrency will come up against if it keeps going up is at $45,600. According to Bennett, […] The post Here's What Next for Bitcoin, Ethereum and These Two Altcoins, According to Crypto Analyst Justin Bennett appeared first on The Daily Hodl.

Here's What Next for Bitcoin, Ethereum and These Two Altcoins, According to Crypto Analyst Justin Bennett

Ethereum (CRYPTO: ETH) was trading about 2% higher on Friday in a continued bounce of relief since plummeting almost 24% lower between Jan. 5 and Jan. 12 when the crypto hit a low of $2,928.69.

Ethereum Provides Potential Trade For Bulls; Bears Dependent On Which Key Pattern Plays Out

What happened: On Thursday a total of 15,304.92 Ether (CRYPTO: ETH) worth $50,260,899, based on the current value of Ethereum at time of publication ($3,283.97), was burned from Ethereum transactions.

15,304 ETH Worth $50M Was Just Burned

On January 10, Ethereum (ETH) plunged to a low of $2,930 as bulls bought the dips. The upward movement was stopped at the high of $3,400. The price level of $3,400 was the previous support from October 11.

Ethereum Holds Firm above $3,000 Support, Pushes on the Upside

The amount of Ethereum (CRYPTO: ETH) staked in the ETH 2.0 deposit contract has reached 9 million ETH worth $30 billion at current prices.

$30B Ethereum Is Locked In The ETH 2.0 Deposit Contract

For the first time, DeFi mixers were the biggest money-laundering tool for North Korean hackers.

North Korean Hackers Stole $400M in 2021, Mostly in Ether

With average gas fees on Ethereum costing around $46, you can reduce fees by transacting on layer-2s, or use competing low-fee blockchains like Solana, Terra and Avalanche.

Sick Of High Ethereum Gas Fees? Do This Instead

One mega-whale just went on an altcoin shopping spree to the tune of $30.6 million. The blockchain-transaction tracker WhaleStats reveals that the Ethereum whale wallet named Light bought 399,999 OMG for $2,451,999. The OMG Foundation, formerly known as OMG Network, is layer-2 Ethereum scaling solution that integrates with mainstream wallets. The 122nd-ranked crypto asset, OMG, […] The post Massive Ethereum Whale Begins Accumulating Four Altcoins As Bitcoin and Crypto Markets Recover appeared first on The Daily Hodl.

Massive Ethereum Whale Begins Accumulating Four Altcoins As Bitcoin and Crypto Markets Recover

Exchange India INX has applied for permission under the country's regulatory sandbox.

Bitcoin and Ethereum Futures ETFs Coming to India: Report

Hackers in North Korea are still holding roughly $170 million worth of stolen and "unlaundered" crypto, says research firm Chainalysis.

North Korean Hackers Stole Nearly $400M in Bitcoin, Ethereum in 2021: Report

What happened: On Wednesday a total of 16,935.59 Ether (CRYPTO: ETH) worth $55,521,131, based on the current value of Ethereum at time of publication ($3,278.37), was burned from Ethereum transactions.

16,935 ETH Worth $55M Was Just Burned

A popular crypto analyst and trader is laying out his predictions for a handful of leading crypto assets as the markets rebound. In a tweet to his 557,000 followers, Michaël van de Poppe says that greener pastures might be on the horizon for Bitcoin (BTC) if the leading crypto can hold the $42,000 support level. […] The post Here's What's Next for Bitcoin, Ethereum, XRP and Two Additional Altcoins, According to Analyst Michaël van de Poppe appeared first on The Daily Hodl.

Here's What's Next for Bitcoin, Ethereum, XRP and Two Additional Altcoins, According to Analyst Michaël van de Poppe

Bitcoin (CRYPTO: BTC) and other major coins flashed green Wednesday evening as the global cryptocurrency market cap rose 3.7% to $2.1 trillion. What Happened: The apex cryptocurrency traded 2.8% higher at $43,850.10 over 24 hours.

Is The Dollar's Decline Paving The Way For Bitcoin, Ethereum, Dogecoin To Aim For The Moon Again?

Crypto analytics firm Santiment says a diverging pattern indicates whales are accumulating massive amounts of Ethereum (ETH) while exchanges see their supply of the leading smart contract platform shrink. The market insights agency tells its 122,600 Twitter followers that the ratio of Ethereum held by whales off of crypto exchanges compared to on exchanges is […] The post Largest Ethereum Whales Now Hold Over $80,000,000,000 Worth of ETH As Weak Hands Capitulate: Analytics Firm Santiment appeared first on The Daily Hodl.

Largest Ethereum Whales Now Hold Over $80,000,000,000 Worth of ETH As Weak Hands Capitulate: Analytics Firm Santiment

Crypto analyst Nicholas Merten says that Ethereum (ETH) is not entering a bear market despite being in a downtrend for nearly nine weeks. In a new video, the host of DataDash tells his 492,000 YouTube subscribers that bearish sentiment centered around the leading smart contract platform is misplaced. According to him, Ethereum's technicals suggest ETH […] The post Ethereum Bears Are Wrong, According to Crypto Analyst Nicholas Merten – Here's Why appeared first on The Daily Hodl.

Ethereum Bears Are Wrong, According to Crypto Analyst Nicholas Merten – Here's Why

What happened: On Tuesday a total of 17,058.47 Ether (CRYPTO: ETH) worth $57,793,402, based on the current value of Ethereum at time of publication ($3,387.96), was burned from Ethereum transactions.

17,058 ETH Worth $57M Was Just Burned

After a volatile week, momentum returned to crypto markets on Wednesday after CPI data revealed U.S. inflation hit 7% in December 2021.

News for Ethereum Crypto (ETH)