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.

A wallet linked to Ethereum co-founder Joseph Lubin transferred 80,001 ether, after more than three years of inactivity. The movement landed as ETH changed hands at a local low of $1,520 earlier this week.

Ethereum Co-Founder Joseph Lubin's Wallet Stirs After 3 Years, Moving 80,001 ETH Worth $121.6M

Bitcoin

In a brutal week for crypto markets, bitcoin and ether are on track for their biggest weekly losses since the FTX collapse in November 2022. The crypto market lost roughly $390 billion in value as nearly $7 billion in leveraged positions were liquidated.

Bitcoin, ether eye worst weekly rout since FTX collapse as cryptos shed $390 billion

Onchain analysts described the move as defensive collateral management to reduce liquidation risk, not likely a sale.

Wallet linked to Ethereum co-founder Joseph Lubin moves 110,000 ETH to defend $259M DAI debt position

U.S. spot bitcoin exchange-traded funds (ETFs) recorded $326 million in net outflows on June 5, while U.S. spot ether ETFs lost $5.97 million. The fresh redemptions resumed selling pressure barely a day after both products had snapped long outflow streaks.

Bitcoin ETFs Bleed $326M as BTC Sinks to $59K and Ether Slides Toward $1,500

A broad crypto sell-off on Friday dragged the total altcoin market capitalization down to $880 billion. Zcash was the hardest-hit major token, crashing over 40% to $264.80.

Ethereum Drags Altcoins Below $880B as 22% Weekly Slide Shakes Trader Confidence

Bitcoin plunged below $60,000 for the first time since October 2024, extending losses in what has become its worst week since November 2022. Sentiment deteriorated further into extreme fear, signaling rising market anxiety heading into the weekend.

Bitcoin On Track For Worst Week Since FTX Collapse, ETH, XRP Lose Up To 23% In 7-Day Crypto Rout

Bitcoin (CRYPTO: BTC) remains under pressure after Strategy's (NASDAQ:MSTR) 32 BTC sale rattled market confidence, tapping $60,000 on Friday afternoon. Ethereum (CRYPTO: ETH) fell up to 9% while XRP (CRYPTO: XRP) and Solana (CRYPTO: SOL) dropped 5%, respectively.

Bitcoin Taps $60,000, Ethereum, XRP Fall Up To 9% In Painful Crypto Sell-Off

BitMine is borrowing from Strategy's Bitcoin playbook, debuting its own preferred share in an upsized offering to raise funds to buy Ethereum.

Tom Lee's Ethereum Treasury BitMine Prices Preferred Shares With 9.5% Dividend

Solana

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) have fallen between 15% and 20% over the past week, pushing sentiment deeper into fear territory. Bitcoin Flashes Rare Oversold Signal Crypto analyst Lark Davis noted on June 4 that Bitcoin's daily RSI dropped to 17, one of the most oversold readings in the past decade and a level previously seen during the March 2020 COVID crash and February 2026 selloff.

Bitcoin, Ethereum, Solana Sentiment Hits COVID Level Lows: Is The Bottom In?

Bitcoin ETFs ended a 13-day outflow streak with $3M inflows, and ETH ETFs snapped a 17-day run ahead of NFP as traders rotate to equity perps.

Bitcoin, ether ETFs end 13- and 17-day outflow streaks as traders rotate into equity perps ahead of NFP: analysts

Fundstrat founder Tom Lee told investors at a Paris conference Tuesday that Ethereum (CRYPTO: ETH) mirrors Amazon (NASDAQ:AMZN) when its stock sat at $6, predicting ETH reaches $22,000 next bull cycle. Five Macro Tailwinds Point To Crypto Spring Right Now Lee laid out five reasons he believes crypto spring has already arrived.

Tom Lee: 'Ethereum Is Like Amazon Stuck At $6, You're Bearish At The Bottom'

Crypto is on course for its worst week since July 2024, with the ether price approaching a critical support as a zcash exploit and AI capital rotation pile on the pressure.

Crypto's worst week since July 2024 deepens as bitcoin, ether near critical price levels

U.S. spot bitcoin ETFs pulled $3.05 million in net inflows on Wednesday after 13 straight sessions of redemptions totaling roughly $4.4 billion, while ether ETFs ended a 17-day outflow streak with $19.30 million led entirely by BlackRock's ETHA.

Bitcoin and ether ETFs end record multi-billion outflow streak

Ethereum has fallen to $1,715 after losing its critical support above $2,000.

Coinidol.com: Ethereum Falls to Its $1,715 Trough

FG Nexus has lost more than $85 million on its ethereum treasury strategy after buying ETH near last year's highs and selling much of the position at lower prices. The losses highlight the pressure facing public companies that turned to ether as a reserve asset.

FG Nexus Dumps 36,025 ETH as Ethereum Treasury Losses Top $85M

Dogecoin

Bitcoin traded near $63,000 on Thursday as cryptocurrency markets extended their decline amid more than $1 billion in liquidations, worsening fear sentiment. Strategy (NASDAQ:MSTR) executive chairman Michael Saylor attributed the drawdown to a $400 billion capital rotation into AI-related investments.

Bitcoin Falls To $63,000 As Ethereum, XRP, Dogecoin Slide 4% On $400 Billion AI Capital Rotation

Bitcoin (CRYPTO: BTC) may not have found its bottom yet, with veteran trader Gareth Soloway warning that the cryptocurrency could still retest $60,000 before a durable recovery forms. "Don't Think We've Reached A Bottom Yet" Speaking with Paul Barron on June 3, Soloway said Bitcoin's current structure resembles a larger bear flag, with recent sideways price action following a steep decline.

Bitcoin, Ethereum, Solana Plunge Over 10% In 1 Week: What Does Technical Analysis Say?

In this week's edition of The Protocol Newsletter, we're looking at the state of the Ethereum layer-2 ecosystem.

Not all Ethereum layer 2s are dying, but many general-purpose chains no longer have a reason to exist

Bitmine's chairman told a Paris conference ether would 50x from here on AI and corporate validators. Here's how supply schedule, the ETH-to-bitcoin ratio history and the actual breakdown of staked ether look at those levels.

Tom Lee's $250,000 ether target: Here's what math says about this crazy prediction

The offering would tie fixed cash dividends to a staking-heavy ETH treasury model as Strategy's preferred stock remains under pressure.

Tom Lee's BitMine Plans $300M Preferred Stock Sale for ETH Treasury Push

Bitmine Immersion Technologies (NYSE: BMNR) announced plans Wednesday to raise $300 million through a new 9.50% Series A Perpetual Preferred Stock offering, its latest capital markets move to expand the world's largest corporate ethereum treasury.

Bitmine Targets $300M in Preferred Stock to Stack More ETH, Yields 9.50%

BlackRock's IBIT shed another $342 million on Wednesday as ether, solana and XRP funds joined the redemption wave, leaving Hyperliquid's HYPE products as the only major crypto ETF category still pulling in net new money.

BTC, ETH, SOL and XRP ETFs bleed $4.4 billion over 13 sessions, only HYPE in green

Leading cryptocurrencies descended further on Wednesday as whale sell-offs and geopolitical uncertainty dampened risk appetite. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:25 p.m.

Bitcoin Below $63,000, Ethereum, XRP, Dogecoin Also Plummet Amid 'Extreme Fear': Analyst Pinpoints Bearish Shift In BTC's Risk Profile

The company plans to use the net proceeds for general purposes, which may include purchasing additional ETH and expanding staking operations.

Bitmine to launch STRC-style preferred stock offering amid $9.2 billion unrealized ETH losses

Shares of Tom Lee's Ethereum treasury firm hit their lowest level since the company's crypto pivot as ETH revisits the February lows.

News for Ethereum Crypto (ETH)