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.


Videos

Litecoin Undergoes Third 'Halving'; Race for Ether Futures ETFs Kicks Off

"CoinDesk Daily" takes a look at the crypto news making headlines as Litecoin (LTC) undergoes it's third "halving." Six firms file applications for ether (ETH) futures-based exchange-traded funds (ETFs). Lawyers for Sam Bankman-Fried say prosecutors moving to revoke his bond release relied on an "extremely thin" factual basis. Plus, Abracadabra is proposing measures to protect from a bad debt situation stemming from an $18 million loan to Curve Finance's founder.

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Markets

Ipinagkibit-balikat ng Bitcoin ang Positibong Data sa Ekonomiya habang Nagpapatuloy ang Mabagal na Paggalaw ng Hulyo

Ang karagdagang kumpirmasyon ng pagbagal ng inflation ay nabigo na itulak ang mga presyo ng mas mataas noong Huwebes.

(Cedric Fox/Unsplash)

Markets

First Mover Asia: Pinapanatili ng Bitcoin ang $30K bilang 'Ang Ekonomiya ay T Pa Nawawasak'

DIN: Pangalawa ang Singapore sa Crypto Hubs survey ng CoinDesk. Ang estado ng lungsod ay nakalikom ng bilyun-bilyon sa pamamagitan ng mga IPO, nalampasan ang pagbagsak ng mga homegrown darlings na Terraform Labs at Three Arrows Capital at ngayon ay naghahanap ng tamang balanse sa regulasyon upang hikayatin ang Crypto nang hindi na muling masunog.

Bitcoin 4-hour chart. (CoinDesk Indices)

Videos

Crypto Exchange EDX Markets Sets Up Shop With Bitcoin and Ether Offerings

EDX Markets, which has funding from financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Digital Assets, announced it launched its digital asset market on Tuesday. Products traded on EDX will include bitcoin, ether, litecoin, and bitcoin cash.

Recent Videos

Videos

Ether Could See Further Decline Following SEC's Crackdown on Crypto

Ether continues to struggle as the SEC announced two lawsuits against Binance and Coinbase. TradingView data shows that Ether's price has retracted from $1928 to $1716 in the last three weeks, and analysts have noted that if support falls below $1700, the 2nd largest crypto by market cap could fall by another 10%. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

First Mover Asia: Nananatiling Matatag ang Bitcoin NEAR sa $26.5K, Sa kabila ng Patuloy na Binance, Coinbase Fallout

DIN: Inaasahan ng punong opisyal ng pamumuhunan ng Valkyrie na sususpindihin ng US central bank ang halos isang taon nitong diyeta ng mga pagtaas ng interes. Iyon ay maaaring masiyahan sa digital at iba pang mga asset Markets, ngunit sinabi ni Steven McClurg na ang monetary dovishness ay malamang na hindi magpatuloy sa huling bahagi ng taong ito.

Bitcoin weekly chart (CoinDesk Indices)

Videos

Nearly $275 Million in Ether Burnt This Month Amid Deflationary Trend

During the last month, over 143,830 ether worth $275 Million has been burnt, according to tracker ultrasound.money. The network is forecasted by the tracker to burn 2,441,000 ether this year, or approximately $4.5 billion worth. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

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Policy

Ang Crypto Exchange bitFlyer ay Inihanay ang Sarili Sa FATF 'Travel Rule' Sa Mga Bagong Paghihigpit

Kasama sa mga paghihigpit na nagta-target sa 21 bansa ang pagpayag lang sa mga piling Crypto at paglilipat sa mga platform na sumusunod sa Travel Rule Universal Solution Technology (TRUST) na pinangungunahan ng Coinbase.

Cityscape Tokyo, Japan (Ryo Yoshitake/Unsplash)

Videos

Glassnode Data Reveals Ether Held in Exchanges at Lowest Since July 2016

Data from Glassnode shows that 14.85% of all ether was held in wallets owned by centralized exchanges as of Thursday, the lowest level the market has seen since the summer of 2016. Typically, low exchange balances are a bullish sign, indicating that the supply of ether available for purchase is limited, thus putting pressure on prices to increase. CoinDesk's Jenn Sanasie presents "The Chart of the Day."

Recent Videos

Markets

Nananatili ang Bitcoin sa Ibaba sa $26.5 Sa gitna ng Mga Alalahanin sa Utang

Ang data ng kawalan ng trabaho at pagiging produktibo ay dumating nang mas malakas kaysa sa inaasahan ngunit ang mga mamumuhunan ay tila nakatutok nang makitid sa patuloy na negosasyon na tutukuyin kung ang gobyerno ng U.S. ay kailangang mag-default sa mga utang nito.

Bitcoin 7-day price chart (CoinDesk)