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Ether
Ether (ETH) is the native cryptocurrency of the Ethereum blockchain, functioning as a fuel for operations within the network. It serves multiple purposes: as a digital currency, it can be bought, sold, and held as an investment; as a utility token, it's used to pay for transaction fees and computational services on the Ethereum network. Ether is integral to running decentralized applications (dApps) and executing smart contracts on Ethereum, providing the necessary resources for these operations. As Ethereum evolves, especially with upgrades like Ethereum 2.0, Ether's role remains central, facilitating not just transactions but also the broader ecosystem of decentralized finance (DeFi) and various blockchain-based applications.
Genesis Volatility CEO on Crypto Markets Tumbling as Twitter CFO Rules Out Crypto Investment
Bitcoin, ether, and other major coins face selling pressure as anti-crypto comments from Twitter’s chief financial officer (CFO) soured the market mood. Greg Magadini, co-founder and CEO of crypto options analytics platform Genesis Volatility, discusses what he sees as bitcoin’s trajectory and trends in the options market.
Bitcoin Retreats From All-Time High, Ether Follows
Bitcoin is down 5% in the last 24 hours after peaking at an all-time high of around $68,950 Wednesday. Ether also reached an all-time high Wednesday, hitting $4,851, but is down a little over 2% on the day. Rich Rosenblum, co-founder and president of GSR Markets, discusses the potential factors driving lower prices.
Why Is Bitcoin, Ether Breaking All-Time Highs?
Both bitcoin and ether hit new all-time highs Monday night, but what's behind the push? Head of Market Insights at Genesis Global Trading, Noelle Acheson, discusses her take on the potential factors driving prices higher and how this all-time high differs from previous ones. Plus, insights into global buying trends and indicators to watch for short-term movement.
Bitcoin, Ether Hit New All-Time Highs
“The Hash” panel discusses their reading of the crypto markets as the prices of bitcoin and ether hit new all-time highs, with BTC breaking $68,000 and ether rallying above $4,800. Where do we go from here?
Bitcoin Hits New All-Time High Above $68K As Ether Also Jumps to New Record
Customers Bank President and CEO Sam Sidhu discusses his crypto markets assessment as bitcoin broke $68,000 for the first time, and ether also set an all-time high past $4,800. “Crypto has become too big to ignore,” Sidhu said.
FTX.US CEO on Total Crypto Market Cap Topping $3T as Bitcoin Breaks $66K, Ether Hits All-Time High
As bitcoin breached $66,000 and ether hit another new all-time high of $4,700, the overall market cap of all cryptocurrencies topped $3 trillion Monday. Still, bitcoin’s dominance continues to decline. Brett Harrison, president of crypto exchange FTX.US, discusses his crypto market update and outlook and shares insights into stablecoin regulation.
Impact of Fed's Tapering Decision on Crypto Markets
Ether hit a fresh all-time high Wednesday surging past $4,600 on the heels of a Federal Reserve announcement saying it will begin tapering bond purchases later this month. Head of Business Development at global crypto trading platform AscendEX Shane Molidor discusses the potential factors driving ether's price higher. Plus, insights into AscendEX's latest $50 million Series B round.
Ether Hits Fresh Record High, Surging Past $4650
Following the latest announcement from the Federal Reserve to start tapering bond purchases later this month, ether has jumped to a new all-time high, surpassing $4,650. CoinDesk's Galen Moore discusses his assessment of ETH, the correlation between bitcoin's 90-day daily returns and the S&P 500, and Direxion withdrawing its SEC application to launch a short bitcoin futures ETF.
What’s Driving the Ethereum Rally?
Ethereum hits another new all-time high as it broke $4,600 Tuesday. CoinDesk Indexes Managing Director Jodie Gunzberg discusses her take on the factors that contribute to the price surge: institutional factors, Ether’s use cases, and the influence of meme coins.
Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner
MarketGauge Group Managing Director Michele Schneider discusses her crypto markets analysis and outlook as ether posted a new all-time high at over $4402 Friday. Blockchain data showed that smart contract blockchain Ethereum burned more tokens than it emitted in the last 24 hours, thanks partly to strong action in Shiba Inu (SHIB). Plus, is a market correction coming any time soon?