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

Solana

Solana (CRYPTO: SOL) was trading higher late Wednesday amid expectations of an "epic" end-of-year run for the sixth-largest cryptocurrency. Solana Beats Bitcoin, Ethereum In Weekly Returns SOL ran up to $225 earlier in the day, extending a rally that has pushed it to levels not seen in more than seven months.

Solana Leaves Bitcoin, Ethereum Behind As Coin Hits 7-Month High — Crypto Analyst Forecasts 'Epic' Year-End Rally

With this latest acquisition, BitMine holds a total of 2,126,018 ETH worth nearly $9.3 billion, according to Onchain Lens.

BitMine adds $201 million worth of ETH to treasury via BitGo: Onchain Lens

Dogecoin

Leading cryptocurrencies rallied on Wednesday as U.S. producer inflation unexpectedly cooled, boosting the chances of interest rate cuts. Cryptocurrency Gains +/- Price (Recorded at 9:25 p.m.

Bitcoin Jumps On Cooler Inflation; Ethereum, XRP, Dogecoin Gain — Analysts See BTC Trading In This Range Until The Fed Meet

The SEC pushed off whether to allow staking for the iShares Ethereum ETF, and on proposed Franklin Templeton funds tracking Solana and XRP.

SEC Punts on BlackRock Ethereum ETF Staking, Franklin XRP and Solana Fund Decisions

Cryptocurrency markets are trading higher after lower-than-expected producer price inflation data. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $113,527.08 Ethereum (CRYPTO: ETH) $4,332.17 Solana (CRYPTO: SOL) $222.58 XRP (CRYPTO: XRP) $2.99 Dogecoin (CRYPTO: DOGE) $0.2431 Shiba Inu (CRYPTO: SHIB) $0.00001300 Notable Statistics: Coinglass data shows 139,026 traders were liquidated in the past 24 hours for $244.78 million.

Bitcoin Holds Near $113,000 As Ethereum, XRP, Dogecoin Extend Gains

SEC Chairman Paul Atkins has been vocal in his support of digital assets but his agency continues to punt on many ETFs.

SEC delays decisions on staking for Ethereum ETFs, along with XRP and SOL funds

Bitcoin ETFs posted $23 million in net inflows on Tuesday, entirely driven by Blackrock's IBIT, while ether ETFs snapped a six-day losing streak with a $44 million inflow, led solely by ETHA. Ether ETFs Snap Red Streak While Bitcoin ETFs Struggle to Hold Gains Relief finally arrived for ether exchange-traded funds (ETFs) on Tuesday, Sept.

Ether ETFs Break Six-Day Outflow Streak With $44 Million Inflow

Sharplink Gaming disclosed it has begun using its share buyback program, calling below-net-asset-value repurchases “immediately accretive” as the company leans on a large ether treasury and zero debt to support capital returns. Sharplink Initiates Share Repurchases, Says Zero-Debt Profile Supports Returns Sharplink Gaming, Inc. (Nasdaq: SBET) announced Sept.

ETH Treasury Firm Sharplink Begins Repurchases as Shares Trade Under NAV

Ethereum experienced a rare slashing event on Wednesday, with 39 validators penalized, according to blockchain explorer Beaconcha.in.

Ethereum Rare Mass Slashing Event Linked To Operator Issues

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Dogecoin's ETF debut, ‘Solana season' brewing, Ethereum validator exits, and more

Kiln, a provider of staking services for institutions, said it started an “orderly exit" of all its Ethereum (ETH) validators, framing the move as a safeguard for clients following SwissBorg's SOL earn wallet being exploited for $41.5 million.

Kiln Exits Ethereum Validators in ‘Orderly' Move Following SwissBorg Exploit

Michigan-based mortgage lender LitFinancial on Wednesday debuted its U.S. dollar stablecoin, dubbed litUSD, on the Ethereum blockchain as the digital dollar movement is expanding beyond crypto natives.

LitFinancial Introduces Stablecoin on Ethereum to Streamline Mortgage Lending

Linea opened claims for its LINEA token after a brief outage, launching a 90-day airdrop of more than 9.36 billion tokens.

Consensys' Ethereum L2 Linea launches TGE with 9.4 billion token airdrop after brief outage

Cryptocurrency markets opened Wednesday on a cautious note, trading slightly lower ahead of the latest U.S. Producer Price Index (PPI) data release. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $112,219.37 Ethereum (CRYPTO: ETH) $4,325.31 Solana (CRYPTO: SOL) $219.19 XRP (CRYPTO: XRP) $2.96 Dogecoin (CRYPTO: DOGE) $0.2399 Shiba Inu (CRYPTO: SHIB) $0.00001289 Notable Statistics: Coinglass data shows 136,438 traders were liquidated in the past 24 hours for $256.20 million.

Bitcoin, Ethereum, Dogecoin Hold Steady As XRP Slips Ahead Of PPI Data

ZachXBT said Monday that SwissBorg lost about 192,600 SOL, worth roughly $40 million, due to the security breach.

Kiln exits Ethereum validators in safety move after SwissBorg's $40 million hack

The long-dated bitcoin and ether futures by Cboe Global Markets are designed to provide perpetual-style exposure in a U.S.-regulated market. The contracts are scheduled to debut on Nov. 10, pending regulatory review.

Cboe to Launch Continuous Bitcoin and Ether Futures

Cryptocurrencies held steady while stocks hit fresh highs on Wednesday, as a downward revision to jobs data lowered optimism but strengthened expectations for rate cuts. Cryptocurrency Gains +/- Price (Recorded at 9:20 p.m.

Bitcoin, Ethereum, XRP Flat; Solana Rises: BTC Is On 'Knife's Edge,' Says Analytics Firm — Future Depends On This Level

Digital advertising firm QMMM's stock rose after it announced its intent to build a $100 million digital assets treasury.

QMMM Stock Skyrockets Nearly 1,750% on Bitcoin, Ethereum, Solana Treasury Plan

Cboe said these contracts will last 10 years to give investors "continuous long-term market" access to the two biggest digital coins by market cap.

Cboe to Debut Continuous Bitcoin, Ethereum Futures for US Customers

Cryptocurrency markets are trading down after a volatile day that saw Bitcoin touch $113,000. Cryptocurrency Ticker Price Bitcoin (CRYPTO: BTC) $111,265.00 Ethereum (CRYPTO: ETH) $4,289.10 Solana (CRYPTO: SOL) $216.24 XRP (CRYPTO: XRP) $2.96 Dogecoin (CRYPTO: DOGE) $0.2411 Shiba Inu (CRYPTO: SHIB) $0.00001282 Notable Statistics: Coinglass data shows 181,540 traders were liquidated in the past 24 hours for $364.53 million.

Bitcoin, Ethereum, XRP Slip While Dogecoin Holds Steady During 'Classic Correction'

Bitcoin ETFs surged with $368 million in inflows, led by Fidelity and Ark 21Shares, while ether ETFs extended their losing streak to six days.

Bitcoin ETFs Pull in $368 Million as Ether Funds Log Sixth Day of Exits

Along with building a decentralized data marketplace, QMMM plans a crypto treasury expected to reach an initial scale of $100 million.

Nasdaq-listed QMMM surges 800% on crypto treasury plan targeting Bitcoin, Ethereum, and Solana

Ethereum treasury SharpLink Gaming is buying back shares of SBET after authorizing a $1.5 billion repurchase program last month.

Ethereum Treasury SharpLink Kicks Off $1.5 Billion Stock Buyback

The Daily: NPM supply chain attack on crypto claims ‘almost no victims,' Cboe plans ‘perpetual-style' BTC and ETH futures, plus more

Continuous futures differ from traditional futures, and are instead set up as single contracts that last up to 10 years.

News for Ethereum Crypto (ETH)