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

Rotation Within CoinDesk Market Index Sectors Bears Similarities to TradFi Trend

Money is searching for quality in both traditional and digital assets, as investors appear to favor safety above all right now. CoinDesk Indices (CDI) data shows the Currency Select Index (CCYS), anchored by bitcoin (BTC), and the Smart Contract Platform Index (SCPX), anchored by ether (ETH), outperforming other select sectors within the CMI universe. "All About Bitcoin" host Christine Lee presents the Chart of the Day.

Dec 21, 2022

Videos

Paxful Removes Ether From Platform

Ray Youssef, CEO and co-founder of peer-to-peer crypto marketplace Paxful, announced ether's (ETH) removal from the platform, citing Ethereum network's switch to proof-of-stake validation from proof-of-work. "The Hash" hosts discuss the case for Bitcoin in the latest clash between altcoins.

Dec 21, 2022

Finance

Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform

ETH has basically become a digital form of fiat thanks to its switch to a proof-of-stake validating mechanism, argued Youssef.

By Jamie CrawleyDec 21, 2022

Ray Youssef, CEO y cofundador de Paxful. (Christie Harkin/CoinDesk)

Markets

First Mover Asia: BitDAO’s $100M Token Buyback Plan Gets Mixed Reviews

Bitcoin is lethargic ahead of the new year.

By Shaurya Malwa, Bradley KeounDec 21, 2022

Markets

Crypto Markets Today: More FTX Fallout as Traders Turn Defensive

Top assets in the crypto market hold steady.

By Jocelyn YangDec 20, 2022

Markets

First Mover Asia: Taiwan's Dreams of Becoming Blockchain Hub Prove Elusive

Taiwanese law makes it difficult for startups to incorporate on the island, explains a Taipei-based lawyer, meaning many locally based firms legally call another place home.

By Sam Reynolds, Bradley KeounDec 20, 2022