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.


Markets

First Mover Americas: Bitcoin Higher After Jobs Report and Arweave's Meta Effect

The latest price moves in crypto markets in context for Nov. 4, 2022.

Traders de bitcoin permanecen atentos a los informes de empleo de noviembre. (Mario Tama/Getty Images)

Markets

First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sideways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet

A recent Alameda document showed the biggest asset on the organization's balance sheet was FTX’s FTT token.

FTX CEO Sam Bankman-Fried (Craig Barritt/Getty Images)

Markets

Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns

Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims.

(Midjourney/CoinDesk)

Markets

First Mover Americas: Meta’s Instagram Move Boosts Web3 Tokens

The latest price moves in crypto markets in context for Nov. 3, 2022.

(Just_Super/Getty Images)

Markets

First Mover Asia: Arbitrum Sees Transactions Skyrocket as Traders Anticipate Potential ‘ARBI’ Airdrop; Ether, Dogecoin Tumble Following FOMC Rate Hike

Weekly transactions on Arbitrum have soared over 550% since August. Crypto traders see huge potential for the ecosystem.

The co-founders of Offchain Labs, the firm behind Arbitrum. (Offchain Labs)

Markets

Market Wrap: Bitcoin Little Affected by Fed Interest Rate Hike

The largest cryptocurrency by market capitalization ticked down, but only slightly, following a fourth consecutive 75 bps increase.

(Midjourney/CoinDesk)

Markets

Bitcoin and Ether Steady Ahead of Fed Decision

Bitcoin's price was trading around $20,400, little changed from the past 24 hours as investors awaited the Federal Reserve’s interest rate decision at 2 p.m. ET.

Bitcoin and ether traded slightly higher following Fed Chairman Jerome Powell’s latest comments on inflation and the economy. (Jesse Hamilton/CoinDesk)

Markets

First Mover Americas: Bitcoin, Ether Slip Ahead of Fed

The latest price moves in crypto markets in context for Nov. 2, 2022.

(Paul Brady/Shutterstock)

Markets

Citi Says Ether May Be Moving Toward a Deflationary Future

The cryptocurrency's volatility dropped to historic lows following the success of the Merge upgrade, the bank said.

Ethereum's switch to proof-of-stake could spark an era of deflation. (Getty Images)

Markets

Ether and Bitcoin 'Straddles' Can Help Capture Post-Fed Price Swings

Straddle, an options strategy that involves buying both bullish calls and bearish puts, looks cheap, one observer said.

(geralt/Pixabay)