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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.

What happened: An Ethereum (CRYPTO: ETH) whale sent $60,992,628 worth of Ethereum off Binance today. The ETH address associated with this transaction has been identified as: 0x4862733b5fddfd35f35ea8ccf08f5045e57388b3

Crypto Whale Just Moved $60M Worth Of Ethereum (ETH) Off Binance

What happened: $80,601,821 worth of Ethereum (CRYPTO: ETH) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's Ethereum wallet address has been identified as: 0x29146557ce37eaf8090a4300b5083a40ef28687b

$80M In Ethereum Was Just Transferred Between 2 Wallets

Lido Staked Ether's (CRYPTO:STETH) price has increased 4.66% over the past 24 hours to $3,995.28, which is in the opposite direction of its trend over the past week, where it has experienced a 2.0% loss, moving from $4,113.76 to its current price. As it stands right now, the coin's all-time high is $4,829.57.

Cryptocurrency Lido Staked Ether Up More Than 4% In 24 hours

The software firm said projects building using “Consensys Rollups” can reach a throughput of up to 10,000 transactions per second (TPS) on a private chain.

ConsenSys Collaborates With Mastercard on New Ethereum Scaling Solution

Bitcoin

Crypto hedge fund veteran Su Zhu is saying that Bitcoin (BTC) and Ethereum (ETH) are both good investments, but this does not guarantee that they will continue to dominate crypto. In a new episode of the Uncommon Core podcast, the CEO and CIO of cryptocurrency hedge fund Three Arrows Capital explains why he sees the […] The post Bitcoin and Ethereum's Dominance Isn't Set in Stone, According to Crypto Hedge Fund Veteran Su Zhu appeared first on The Daily Hodl.

Bitcoin and Ethereum's Dominance Isn't Set in Stone, According to Crypto Hedge Fund Veteran Su Zhu

Aztec, which builds zero-knowledge proofs on Ethereum, promises to expand its privacy options across a wide variety of applications.

Ethereum Privacy Provider Aztec Raises $17M, Adds Bridges for Developers

In addition to developer grants, Aztec Network says it will use the funds to push for legal clarity on private crypto transactions.

Ethereum Privacy Startup Aztec Raises $17M in Paradigm-Led Series A

Solana

Want to figure out who's investing in a given DeFi pool or NFT collection? Nansen offers tools to help.

Nansen Raises $75M to Expand DeFi and NFT Investor Tools on Ethereum, Solana and More

Influential investor Rich Bernstein has warned bitcoin and cryptocurrencies are the biggest ever financial bubble—even as crypto investors predict the price of bitcoin, ethereum and other cryptocurrencies will continue to climb...

‘Biggest Bubble Ever'—Serious Crypto Warning Issued As The Fed Boosts The Price Of Bitcoin And Ethereum

Polygon

A popular analyst and trader is laying out price targets for several crypto assets after some recent uncertainty in the markets. In a series of tweets, the pseudonymous trader Credible Crypto looks at the charts to give his 281,500 followers an updated price forecast for Bitcoin (BTC), Ethereum (ETH) and two altcoins he's been tracking. […] The post Here's What's Next for Bitcoin, Ethereum, Polygon and Hedera, According to Top Crypto Analyst appeared first on The Daily Hodl.

Here's What's Next for Bitcoin, Ethereum, Polygon and Hedera, According to Top Crypto Analyst

Solana (CRYPTO: SOL) rose 7.22% to $175.26 over 24 hours leading up to early Thursday morning. What's Moving?

Why Is Ethereum Rival Solana Shooting Up Today?

Avalanche

Avalanche (CRYPTO: AVAX) traded 19.16% higher over 24 hours at $105.42 leading up to Thursday night.

Why Is Ethereum Rival Crypto Avalanche Shooting Higher Today?

Dogecoin

Bitcoin (CRYPTO: BTC) traded steadily under the $50,000 mark as the global cryptocurrency market cap increased 2.68% to $2.26 trillion at press time. What Happened: The apex coin was up 1.31% at $49,091.26 over 24 hours.

Ethereum Outshines Bitcoin Post Fed Tapering Move, Dogecoin Takes A Breather From Musk-Fed Rally

Ethereum (CRYPTO: ETH) initially held up well while Bitcoin (CRYPTO: BTC) took a downturn but after failing to surpass its Nov. 10 all-time high of $4,867.81 when the crypto made a run toward it on Dec.

Ethereum Reacts Bullishly To Fed's Policy Change: Here's Why The Crypto May Be Headed Higher

Bitfarms, Ltd (NASDAQ: BITF) was falling about 4.5% lower intraday on Wednesday in sympathy with Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: E

Bitfarms, Beleaguered By Bitcoin, Ethereum Slump, Bounces Off Resistance: What's Next For The Crypto Miner?

What happened: An Ethereum (CRYPTO: ETH) whale sent $45,041,877 worth of Ethereum off Binance today. The ETH address associated with this transaction has been identified as: 0x4862733b5fddfd35f35ea8ccf08f5045e57388b3

Ethereum Whale Moves 11,659 ETH Off Binance

What happened: $77,415,376 worth of Ethereum (CRYPTO: ETH) was just moved between 2 anonymous cryptocurrency wallets in a single transaction. This mysterious person's Ethereum wallet address has been identified as: 0xef3eceaed90bfa4812103f3651b6fea66cfb94ed

20,000 ETH Was Just Transferred Between 2 Wallets

At the current burn rate, over $800,000 worth of Ethereum (CRYPTO: ETH) is burned every 60 minutes.

$800K Ethereum Is Burned Every 60 Minutes

The development team behind Tornado Cash, an Ethereum-based transaction mixer, announced Wednesday the launch of an upgraded pool, dubbed Nova, as part of a longer-term improvement plan. The post Ethereum mixer Tornado Cash announces new upgrades appeared first on The Block.

Ethereum mixer Tornado Cash announces new upgrades

A massive Ethereum (ETH) whale is suddenly moving hundreds of millions of dollars worth of ETH in the midst of a correction that saw the leading smart contract platform trade below $4,000. Whale-watching bot Whale Alert tells its 1.8 million followers that a deep-pocketed crypto investor relocated exactly 100,000 Ethereum from one unknown wallet to […] The post Ethereum Whale Abruptly Moves Nearly $375,000,000 Worth of ETH Amid Market Sell-Off – Here's Where the Crypto Is Headed appeared first on The Daily Hodl.

Ethereum Whale Abruptly Moves Nearly $375,000,000 Worth of ETH Amid Market Sell-Off – Here's Where the Crypto Is Headed

The privacy mixer is rolling out a number of new features and layer 2 functionality on xDai.

Ethereum Mixer Tornado Cash Launches Major Upgrade as V3 Approaches

Avalanche's AVAX token is now the 12th largest by market value.

BofA Says Avalanche's Scaling Capability Offers Viable Alternative to Ethereum

Terra

Real Vision CEO Raoul Pal is weighing in on the crypto forecast after weeks of wild swings in the markets. In a series of tweets, the macro guru tells his 827,000 followers why he thinks sentiment towards digital assets has suddenly turned bearish, then suggests what investors can do in both the short and longer […] The post Macro Guru Raoul Pal Says Bitcoin, Ethereum and Three Altcoins Are the Best Core Crypto Holdings appeared first on The Daily Hodl.

Macro Guru Raoul Pal Says Bitcoin, Ethereum and Three Altcoins Are the Best Core Crypto Holdings

SEBA Bank is launching a digital token that allows investors to take ownership of physical gold stored in Swiss vaults.

You Can Now Hold Physical Swiss Gold On The Ethereum Blockchain

Cardano

A price glitch on the tracking site saw crypto market caps run into trillions of dollars. The glitch has since been fixed, but some of the turbulence remains.

News for Ethereum Crypto (ETH)