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.

Buterin said the EF is choosing "longevity over breadth," selling less ETH and focusing exclusively on Ethereum's "CROPS" properties.

Vitalik Buterin says Ethereum Foundation will be a ‘smaller ship,' sell less ETH amid researcher exodus

As the Ethereum Foundation undergoes restructuring, a debate on social media is pitting industry figureheads against one another to discuss the state of Ethereum and how it might be “saved.” Dankrad Feist, an Ethereum developer, proposes the rise of an organization “economically aligned” with the project.

A $1 Billion Fix for Ethereum? Dev Proposes a Radical New Organization to Save ETH

Zcash

Pseudonymous onchain trader ‘Evaded' has closed all long positions across HYPE, ZEC, and ETH for a combined $4.6 million profit. He then immediately opened a 990- bitcoin short position worth $74.84 million on Hyperliquid. The Flip: From Bull to Bear Evaded exited long positions in HYPE, ZEC, and ETH, locking in a combined $4.

Trader Books $4.6M Profit on HYPE, ZEC, and ETH Longs Then Opens a $74.84M Bitcoin Short

A solo ethereum wallet offloaded 20,000 ETH worth $41.18 million at $2,059 in under an hour, adding fresh selling pressure to an asset already contending with ten consecutive days of spot ETF outflows. ETF Outflows Add to the Pressure A large ethereum holder (identified as wallet 0xB4d3) sold 20,000 ETH valued at $41.

Ethereum Whale Dumps 20,000 ETH for $41.18M in a Single Hour as $2,000 Support Emerges

Bitcoin

BlackRock's IBIT now holds $61.1 billion in net assets against $64.8 billion in cumulative inflows, a difference of roughly $3.7 billion.

Spot bitcoin ETFs shed $1.26 billion in worst week since late January as ether funds see 10-day outflow streak

A Hyperliquid trader known as ‘Evaded' has booked over $7.5 million in profit from two positions in less than four days, most recently rolling back into the market with a $38.63 million ether long carrying 25x leverage. ZEC and HYPE Gains Turn Into a $38.

Trader Banks $7.5M in Four Days on ZEC and HYPE Longs, Now Opens $38.6M ETH Position at 25x Leverage

An attacker transferred 4,052.4 ETH worth $8.5 million back to Verus on Friday after the team proposed a bounty framework.

Verus bridge exploiter returns 4,052 ETH, retains $2.8 million bounty: onchain analyst

Resources will be redirected to focus on growing Zerion's API and wallet service, the team said in a Thursday statement.

Ethereum Layer 2 Zero Network to wind down, joining string of protocols shuttering operations

Dogecoin

Leading cryptocurrencies moved sideways, while stocks rose further on Thursday, as traders pinned their hopes on an Iran ceasefire. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:10 p.m.

Bitcoin, Ethereum, XRP, Dogecoin Move Sideways: Analyst Says Middle East Ceasefire 'Best Trigger' For Crypto Market Strength

Former Ethereum Foundation researcher Dankrad Feist appeared to take pointed shots Thursday at ETH co-founder Vitalik Buterin.

Prominent Ethereum Dev Proposes $1 Billion ETH Organization With Leader Who 'Wants to Fight'

Ethereum has continued to decline, but it halted above the $2,000 psychological price barrier on May 18.

Coinidol.com: Ethereum Pauses Its Decline above $2,000

The Ethereum Foundation is a non-profit stewarding the development of the world's second-largest blockchain.

Former EF developer Dankrad Feist suggests $1 billion raise to form new Ethereum advocacy group

What began earlier this week as shock over more exits of core figures has now evolved into something more existential, according to some community members.

Ethereum's identity crisis is deepening after high-profile 'brain drain' frustrates the community

Wedbush Securities analyst Dan Ives argues that Bitcoin (CRYPTO: BTC) is losing capital to artificial intelligence stocks as investors face a dollar-for-dollar allocation decision between the two asset classes. Once In 100-Year Cycle Pulling Capital From Crypto Ives explained the shift on Anthony Pompliano's podcast.

AI Is Distracting Capital From Bitcoin, Ethereum, XRP, Prominent Analyst Argues

Leading cryptocurrencies rallied alongside stocks on Wednesday as President Donald Trump's latest remarks on Iran helped ease geopolitical tensions.

Bitcoin, Ethereum, XRP, Dogecoin Rebound On Trump's Iran Remarks: Analyst Says Watch Out For This BTC Level

A Seoul-based funeral services firm disclosed tens of millions of dollars in unrealized losses tied to leveraged ether ETF investments.

South Korean funeral company reveals $33 million loss on leveraged ether ETF bet

Privacy is widely seen as a necessary feature for the widespread adoption of blockchain technology. Ethereum is taking steps in that direction.

Vitalik Buterin outlines Ethereum's privacy measures. Here is what it means for the network and ETH

Bitcoin climbed to about $77,200, while XRP, ether and solana also gained as Treasury yields and oil fell.

Bitcoin, ether, XRP rebound as Senate curbs Trump's Iran war powers

Leading cryptocurrencies stayed weak alongside stocks on Tuesday as President Donald Trump warned the U.S. would wait only for a "limited period of time" if a deal with Iran is not made sooner.

Bitcoin, Ethereum Tread Water, XRP, Dogecoin Slide Amid Trump's 'Limited' Period Warning On Iran: Analyst Says BTC 'Doesn't Look Great'

The distributed market structure suggests the RWA landscape has not yet consolidated around a clear winner.

Ethereum leads $65 billion RWA race as blockchains compete for institutional tokenization flows

A tracked onchain wallet known for a $24.79 million profit record just placed $21 million in simultaneous long positions on bitcoin, ether, and dogecoin. They then proceeded to add more of the same via limit orders.

Whale With $24.79 Million Track Record Opens $21 Million in Longs Across Bitcoin, Ether, and Dogecoin

A wave of recent high-profile departures at the Ethereum Foundation has reignited longstanding questions from community members about what is going on inside the organization.

‘What's happening at the EF?' Ethereum community looking for answers after high-profile departures

The bank said ether and the broader altcoin market continue to trail bitcoin as weak network activity, sluggish DeFi growth and limited real-world adoption weigh on investor demand.

JPMorgan says ether and altcoins won't catch up to bitcoin without a major network boom

Solana

Banking behemoth Goldman Sachs Group, Inc. (NYSE:GS ) sold all its Solana (CRYPTO: SOL) and XRP (CRYPTO: ETF) exchange-traded fund holdings in the first quarter, according to its latest 13F filing released Friday.

Goldman Sachs Abandons XRP, Solana ETF Positions, Cuts Exposure In Bitcoin, Ethereum ETF Positions—Find Out More

The analyst believes that one of the reasons ether has been under selling pressure is linked to the conflict in the Middle East and the subsequent rise in oil prices. To Lee, this is “short tactical noise,” and prices should be stronger later this year.

News for Ethereum Crypto (ETH)