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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

Outflows from digital asset investment products hit a weekly record of $207 million as market sentiment remains bearish.

Bitcoin, Ethereum See $207M Weekly Outflows As Institutions Turn Bearish On Crypto

A closely followed crypto trader is predicting a strong bounce across the crypto markets after weeks of sustained sell-offs. Pseudonymous analyst Credible tells his 293,800 Twitter followers that leading smart contract platform Ethereum (ETH) looks poised to rally as it flashes multiple bullish signals. “My target region of $3000-$3300 was hit and we are now […] The post Bears Will Be ‘Wiped Clean' When Ethereum and Other Altcoins Bounce, Says Top Crypto Analyst appeared first on The Daily Hodl.

Bears Will Be ‘Wiped Clean' When Ethereum and Other Altcoins Bounce, Says Top Crypto Analyst

The technical term "death cross" sounds scary as hell. As Bitcoin and Ethereum are poised to hit one, what do crypto traders think?

Bitcoin and Ethereum Are Heading for a 'Death Cross.' Should You Care?

Polygon

The richest Ethereum whales across the globe are gobbling up two surging altcoins at a rapid rate as most of the crypto market continues to sputter. WhaleStats reports that in the past week the top 1000-largest Ethereum addresses have purchased Polygon (MATIC) and Chainlink (LINK) more than any other crypto assets after Ethereum (ETH) and […] The post Richest Ethereum Whales Accumulating Two Surging Altcoins As Top Wallet Buys $15,000,000 Worth of Polygon (MATIC) appeared first on The Daily Hodl.

Richest Ethereum Whales Accumulating Two Surging Altcoins As Top Wallet Buys $15,000,000 Worth of Polygon (MATIC)

Ether prices rallied this morning, surpassing $3,200. Since that time, the digital currency has managed to retain most of its recent gains, trading near that level. What's next for the cryptocurrency? Analysts weigh in.

Ether Prices Bounced Back Today—What's Next For The Digital Currency?

The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has explained how securities laws apply to cryptocurrency tokens as he outlined the commission's priorities in regulating the crypto space. “Our role at the SEC is to ensure that the public still gets basic protection,” he stressed. SEC Chair Gary Gensler on Cryptocurrency […]

SEC Chair Gensler Discusses How Securities Laws Apply to Crypto Tokens — Won't Say if Ethereum Is a Security

Dogecoin

Bitcoin (CRYPTO: BTC) and major coins traded higher Tuesday evening as the global cryptocurrency market cap increased 3.45% to nearly $2 trillion. What Happened: The apex cryptocurrency rose 2.3% to $42,722.78 over 24 hours.

Bitcoin, Ethereum, Dogecoin Chart Recovery As Fed Chair Clears Air On Interest Rates — Will The Waiting Moneybags Now Buy The Dip?

Cardano

Solana

Bitcoin and cryptocurrency prices have bounced back after a sell-off that wiped around $1 trillion from the combined crypto market...

Legendary Billionaire Investor Reveals Huge Bitcoin Bet As The Price Of Ethereum, BNB, Solana, Cardano And XRP Suddenly Soar

Ethereum (CRYPTO: ETH) shares are trading higher Tuesday as the crypto tries to bounce back after losing much of its value the past couple of weeks. Ethereum has lost more than 20% of its value since Dec. 27, 2021.

Is Ethereum Seeing A Reversal Again?

Polkadot

The crypto market cap gained more than 4% in 24 hours after threatening to fall below $2 trillion.

Ethereum, Solana, Polkadot Lead Crypto Price Bounceback

After airdropping its LOOKS token to OpenSea users, LooksRare puts up big numbers as it aims to dethrone the leading NFT marketplace.

OpenSea Rival LooksRare Tops $110M in Ethereum NFT Trading in One Day

What happened: On Monday a total of 19,424.89 Ether (CRYPTO: ETH) worth $62,618,845, based on the current value of Ethereum at time of publication ($3,223.64), was burned from Ethereum transactions.

19,424 ETH Worth $62M Was Just Burned

Ethereum (ETH) isn't likely to be threatened by other smart contract platforms, according to Joey Krug, the co-chief investment officer of digital asset investment firm Pantera Capital. In a new interview, Krug says that as long as ETH can successfully transition to proof-of-stake, other smart contract platforms will likely have to rely on Ethereum as […] The post Ethereum (ETH) To Be Used in More Than Half of All Financial Transactions in 10 Years: Pantera Capital CIO appeared first on The Daily Hodl.

Ethereum (ETH) To Be Used in More Than Half of All Financial Transactions in 10 Years: Pantera Capital CIO

Kim Kardashian, Floyd Mayweather, and Paul Pierce — celebrities who promoted the Ethereum (CRYPTO: ETH) knockoff coin Ethereum Max (CRYPTO: EMAX) — have been sued.

Kim Kardashian, Floyd Mayweather, Paul Pierce Sued Over Promoting Ethereum Knockoff Coin To Followers

Bitcoin (CRYPTO: BTC) traded flat over 24 hours Monday evening as the global cryptocurrency market cap fell 3.5% to $1.99 trillion. What Happened: The apex coin inched 0.4% lower at $41,707.83 over 24 hours.

Bitcoin, Ethereum Face An 'Uphill Task' But Investors Spoiled For Choice As NFTs, Metaverse Bets, Altcoins Begin To Shine

A closely followed crypto analyst has laid out how he thinks Bitcoin (BTC), Ethereum (ETH) and two other altcoins will bottom out and reverse into bull trends. The pseudonymous analyst known as Capo gives his 232,000 Twitter followers the potential bottoms on BTC and ETH, plus smart contract platforms Solana (SOL) and Cardano (ADA). “Potential […] The post Here Are the Bottom Prices for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA), According to Crypto Analyst appeared first on The Daily Hodl.

Here Are the Bottom Prices for Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and Cardano (ADA), According to Crypto Analyst

So is it "sufficiently decentralized" or not?

SEC Chair Gensler Sidesteps Question About Ethereum's Status as a 'Security'

Ethereum (CRYPTO: ETH) cracked below an important psychological support zone at $3,000 on Monday before bouncing back up slightly from the level.

Ethereum Looks Set For An Imminent Bounce, But This Pattern Suggests More Downside Ahead

The Canadian miner's bitcoin production rose 12% in December from November, while its ether mined fell about 7%.

Hive Blockchain Held Onto All the Bitcoin It Mined in 2021, While Selling Some Ether

Ethereum's (CRYPTO: ETH) price has decreased 3.05% over the past 24 hours to $3,011.09, continuing its downward trend over the past week of -21.0%, moving from $3,805.19 to its current price.

Ethereum Decreases More Than 3% Within 24 hours

As the broader crypto market continues its New Year slump, Bitcoin has fallen below $40,000 and Ethereum has dropped below $3,000.

Bitcoin Falls Below $40K, Ethereum Below $3K as Crypto Pullback Worsens

As Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) struggle to regain upward momentum as of Sunday evening, four analysts and expert traders shared the

Bitcoin, Ethereum RSIs At 2-Year Lows — Here's What Experts Are Watching Out For

According to the 2018 Tesla Model 3 owner, Siraj Raval, he mined up to $800 a month in crypto assets with his hacked-out electric car. Similarly, Chris Allessi, the owner of a Tesla Model S tethered a Bitmain Antminer S9 to his car's electrical system to mine bitcoin, and he's mined monero with the car's […]

Electric Car Owner Says His Hacked Tesla Model 3 Mined up to $800 a Month Mining Ethereum

Data from a whale-monitoring platform reveals that one of the largest whales in existence is snapping up five altcoins including FTX Token (FTT) and Polygon (MATIC) worth over $100 million. WhaleStats shows that the Ethereum (ETH) whale, with crypto holdings worth over $17 billion, purchased tens of millions of dollars worth of FTX Token, the […] The post Large Ethereum Whale Splurges Over $100,000,000 on FTX Token (FTT), Polygon (MATIC) and Three Other Crypto Assets appeared first on The Daily Hodl.

Large Ethereum Whale Splurges Over $100,000,000 on FTX Token (FTT), Polygon (MATIC) and Three Other Crypto Assets

Ethereum price (ETH) fell sharply after being rejected at the resistance level of $3,800. Ether fell to the low above $2,998 as bulls bought the dips.

News for Ethereum Crypto (ETH)