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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.
Why the $172B Stablecoin Market Could Send Crypto Prices Higher
The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.
First Mover Americas: Bitcoin Takes Bull Breather
The latest price moves in crypto markets in context for Oct. 15, 2024.
First Mover Americas: Bitcoin Nears $65K as Chinese Stocks Rebound
The latest price moves in crypto markets in context for Oct. 14, 2024.
Monochrome’s First Spot Ether ETF to Go Live on Tuesday
The launch of Monochrome Ethereum ETF follows the crypto investment firm's spot bitcoin ETF, which went live in August.
BTC's Trendline Breakout Exposes $70K Hurdle, ETH Holds 200-Day Average
BTC blows past downtrend line from late September highs, with $62,000 as key support.
First Mover Americas: Bitcoin Trims Thursday's Inflation-Led Losses
The latest price moves in crypto markets in context for Oct. 11, 2024.
Bitcoin Favored Over Ether Even as Trump Widens Lead Over Harris
Ether traders display a stronger inclination to mitigate potential downside risks than bitcoin,
First Mover Americas: Bitcoin Returns to $61K Ahead of September CPI Report
The latest price moves in crypto markets in context for Oct. 10, 2024.
Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report
A hotter-than-expected inflation report would weaken the case for Fed interest-rate cuts.
Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges
One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.
