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.

Ethereum co-founder Vitalik Buterin supported two privacy messaging apps that are looking to break past sector leaders Signal and Telegram.

Vitalik Buterin Donates $765K in Ethereum to Privacy Messaging Apps

Bitcoin

Solana

Bitcoin and ether exchange-traded funds (ETFs) closed the day in the green, posting combined inflows of more than $80 million, while solana's multi-week inflow streak came to a sudden halt. A sharp exit from one major SOL product outweighed otherwise healthy demand across the sector.

Crypto ETFs Split: Bitcoin and Ether Rise as Solana Sees Sharp Exit

Ethereum increased its block gas limit to 60 million after securing majority validator support days before the Fusaka upgrade.

Ethereum raises block gas limit to 60M as ecosystem throughput hits new records ahead of Fusaka upgrade

Ethereum co-founder advocates for digital privacy by donating 128 ETH to Session and SimpleX Chat, highlighting critical next steps in secure communication technologies. Vitalik Buterin has publicly supported two privacy-focused messaging applications, Session and SimpleX Chat, with substantial cryptocurrency donations totaling 256 ETH ($768,000).

Vitalik Buterin Supports Privacy-Focused Messaging Platforms With Significant Ethereum Donation

Dogecoin

Leading cryptocurrencies rallied alongside stocks on Wednesday, as investors shifted to risk-taking ahead of Thanksgiving festivities. Cryptocurrency Gains +/- Price (Recorded at 8:15 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Rally Ahead Of Thanksgiving: Analyst Notes BTC Holding A 'Crucial Level' And Looking To Attack The Highs

Crypto traders are fixated on Tom Lee's latest shock call: Ethereum (CRYPTO: ETH) could plunge toward $2,500 in a capitulation flush before ripping into a Bitcoin (CRYPTO: BTC)-style supercycle run toward $7,000–$9,000. The timing, he argues, is measured in weeks, not years — a countdown that has electrified sentiment even as price action remains fragile.

Tom Lee's Shock Call Meets BitMine's Supply Squeeze — Is ETH Set To Ignite?

Bitcoin pushed back towards the $90,000 mark on Wednesday, buoyed by Texas' landmark Bitcoin ETF acquisition and Nasdaq's move to expand Bitcoin ETF options trading. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $89,824.39 Ethereum (CRYPTO: ETH) $3,026.46 Solana (CRYPTO: SOL) $144.14 XRP (CRYPTO: XRP) $2.23 Dogecoin (CRYPTO: DOGE) $0.1558 Shiba Inu (CRYPTO: SHIB) $0.058645 Notable Statistics: Coinglass data shows 110,219 traders were liquidated in the past 24 hours for $318.79 million.

Bitcoin Bounces Back To $90,000 As Ethereum, XRP, Dogecoin Rally Into Thanksgiving

Peter Schiff is once again sounding the alarm, this time warning that companies using Bitcoin (CRYPTO: BTC) or Ethereum (CRYPTO: ETH) as corporate treasury strategies are ultimately doomed. What Happened: Speaking on Schwab Network, Schiff argued that Strategy's (NASDAQ:MSTR) Bitcoin-leveraged model is structurally unsound.

Peter Schiff Says Bitcoin, Ethereum Treasury Companies Have 'No Viable Business Model'

Bitcoin has broken above $90,000 per coin again, nearly a week after it dipped to a seven-month low of about $81,000.

Bitcoin Reclaims $90K Ahead of Thanksgiving as Ethereum, XRP Bounce Back

Crypto markets stagnate as traders eye potential Thanksgiving volatility, with a $2B options bet signaling a capped Bitcoin rally.

Bitcoin and Ethereum Stall as Traders Brace for Holiday Volatility

Ethereum (CRYPTO: ETH) slipping below $3,000 this month hasn't stopped skilled traders from locking in major profits — and one of them just cashed out big. What Happened: Analyst Taiki Maeda closed out his highly profitable Ethereum short, booking roughly $578,000 in gains after riding the market's sharp downturn.

Ethereum Below $3,000? Trader Netting $578,000 With A Short Says That Was 'The Easy Part'

Ethereum's price is falling below the moving average lines but has paused above the $2,600 support.

Coinidol.com: Ethereum Continues to Fluctuate Below the $3,000 Mark

Bitcoin is consolidating around $86,000 on Wednesday morning, with liquidations topping $248.70 million over the past 24 hours. Bitcoin ETFs saw $128.6 million in net inflows on Tuesday, while Ethereum ETFs reported $78.6 million in net inflows.

Bitcoin, Ethereum, XRP, Dogecoin Stable On Low-Volatility Wednesday Morning

Leading cryptocurrencies traded sideways, while stocks climbed higher on Tuesday as optimism grew over a potential interest rate cut in December. Cryptocurrency Gains +/- Price (Recorded at 8:25 p.m.

Bitcoin, Ethereum, Dogecoin Consolidate, While XRP Dips: Popular Analyst Spots 'Bearish' Flag On BTC Chart, Says Drop To $79,000 Possible

Bitcoin is hovering near $87,000 as a wave of new altcoin spot ETFs hits the market this week. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $86,763.19 Ethereum (CRYPTO: ETH) $2,911.06 Solana (CRYPTO: SOL) $136.50 XRP (CRYPTO: XRP) $2.18 Dogecoin (CRYPTO: DOGE) $0.1506 Shiba Inu (CRYPTO: SHIB) $0.058317 Notable Statistics: Coinglass data shows 99,379 traders were liquidated in the past 24 hours for $318.05 million.

Bitcoin, Ethereum, XRP, Dogecoin Tone Down The Volatility On Quiet Tuesday

Tom Lee is sticking to his $7,000 to $9,000 Ethereum (CRYPTO: ETH) target, despite predicting a crash towards $2,500 before the reversal. Lee Repeats His Supercycle Call Lee said in an appearance on the Coinbureau podcast that Ethereum may dip toward $2,500 but framed the move as minor compared to what he described as a potential "super cycle" setup.

Tom Lee Sticks To $7,000 Ethereum Price Target, But Only After A Dip To $2,500

Bitcoin ETFs slipped back into heavy outflows to start the week, while ether ETFs staged a strong recovery, and solana products pushed their inflow streak even higher. The day delivered a sharp divergence in investor behavior across the three major asset classes.

Ether, Solana ETFs See Strong Inflows as Bitcoin Retreats

Trading volumes reached nearly 2,000 lots traded on day one, representing about $35 million in notional value.

SGX's Bitcoin and Ethereum Perpetual Futures Debut Strong with $35 Million Volume

BitMine Immersion Technologies Inc. (NYSE:BMNR) has fallen 81% in less than five months as its leveraged Ethereum (CRYPTO: ETH) accumulation strategy produced $3.6 billion in unrealized losses. BitMine's Treasury Strategy Delivers Heavy Losses Protos reported that BitMine now holds 3,629,701 ETH, roughly 3% of circulating supply, yet its share price has collapsed despite Ethereum rising about 10% over the same period.

BitMine Down 80% From The Top, But Tom Lee Keep Buying ETH: What Gives?

Bitcoin is trading around $87,000 on Tuesday morning, with liquidations topping $380.17 million over the past 24 hours. Bitcoin ETFs saw $151.08 million in net outflows on Monday, while Ethereum ETFs reported $96.7 million in net inflows.

Bitcoin, Ethereum, XRP, Dogecoin Edge 1% Higher On Tuesday

The combined spot XRP ETFs registered $164 million worth of net inflows for the day, outperforming their BTC, ETH, and SOL counterparts.

Grayscale and Franklin XRP ETFs each clock over $60 million in day-one inflows as group outshines BTC, ETH, and SOL funds

Leading cryptocurrencies rallied alongside stocks on Monday, as traders amped up bets on a Federal Reserve interest rate cut in December. Cryptocurrency Gains +/- Price (Recorded at 8:25 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Spike, But Analyst Says Crypto Downtrend Intact: BTC Could Test These Levels Before It Resumes The Upward Journey

Bitmine reported its ethereum holdings have reached 3.63 million tokens, bringing its combined crypto and cash reserves to $11.2 billion. Bitmine Details Weekly ETH Acquisition and $11.2B Balance Bitmine disclosed its ethereum position now stands at 3,629,701 tokens as of Nov. 23, lifting the company's combined crypto and cash total to $11.2 billion.

Bitmine Stacks More Ether as Holdings Rise to 3.63 Million ETH

BitMine Immersion Technologies (NYSE AMERICAN: BMNR) announced on November 24th that its holdings of Ethereum (ETH) have reached 3.63 million tokens, equivalent to 3.0% of the entire ETH network supply.

BitMine Immersion Solidifies Ethereum Dominance, Reaches 3.0% ETH Supply

Bitcoin has rebounded to $88,000 at the start of the shortened holiday week. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $88,350.69 Ethereum (CRYPTO: ETH) $2,944.84 Solana (CRYPTO: SOL) $137.22 XRP (CRYPTO: XRP) $2.21 Dogecoin (CRYPTO: DOGE) $0.1525 Shiba Inu (CRYPTO: SHIB) $0.058321 Notable Statistics: Coinglass data shows 122,579 traders were liquidated in the past 24 hours for $311.65 million.

News for Ethereum Crypto (ETH)