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: Smooth Ethereum Merge Disappoints Ether Volatility Bulls; ETC Rallies

The latest price moves in crypto markets in context for Sept. 15, 2022.

The Merge went smoothly and ETH held steady. (CoinDesk)

Opinion

The Ethereum Merge Finally Happened: So What?

Investors should take note of some of Ethereum’s core traits that just changed.

(Westend61/Getty Images)

Markets

Ether, Ethereum Classic See Mini Price Swing After Successful Ethereum Merge

Futures tracking the two tokens racked up nearly $80 million in liquidations since the Merge took place earlier this morning.

Volatilidad. (Matt Hardy, Unsplash)

Markets

Ether Futures Market Discount Evaporates After the Merge

The negative spread between futures and spot prices has narrowed from $20 to almost zero following the Merge.

The anomalous condition of ether futures trading at a discount to spot prices has reversed. (Skew)

Markets

Pre-Merge Ether Exchange Inflows of Over $1B Trigger Fears of Price Drop

The cumulative inflow of $1.2 billion is supposedly the largest in six months.

Ether exchange inflows (Nansen)

Markets

First Mover Asia: DeFi Builders Speak Out; What the Crowd Is Getting Wrong About the Ethereum Merge

The Merge will lead to the reduction of the Ethereum blockchain’s carbon footprint, but it will not lower gas fees or improve Ethereum’s scalability, coders behind popular Ethereum-based projects said; bitcoin trades sideways.

ETH outperformed BTC Monday morning, picking up momentum in advance of the network's upcoming "Merge." (Lance Grandahl/Unsplash)

Markets

Market Wrap: Ether Trades Relatively Flat Ahead of Ethereum Merge

Investors remain cautious in the final hours before the much-anticipated network upgrade event.

In the final hours before the Merge, BTC and ETH traded flat. (Kenan Reed/Unsplash)

Videos

Ether Shorts Most Expensive in 16 Months Ahead of Merge

The cost of holding a short position or a bearish bet in the perpetual futures market tied to ether (ETH) is surging ahead of Ethereum’s technological upgrade, the Merge, slated to happen in less than 24 hours. “The Hash” team discusses what this means for ether’s price action and the wider Ethereum ecosystem.

CoinDesk placeholder image

Videos

How Will Bitcoin Dominance Be Impacted by the Merge?

"You'd have to expect Ethereum to continue to take ... the global total crypto market share," Eaglebrook’s Director of Research Joe Orsini says. He explains how Ethereum's improvements post-Merge could impact bitcoin.

Recent Videos

Videos

'Distinct Demand Patterns' With Ether Futures: CME Group Exec

Bitcoin and ether are "trading about the same," says Tim McCourt, Global Head of Equity & FX Products at CME Group, "But, we have seen more ... distinct enthusiasm around ether." He outlines how the top two cryptocurrencies by market cap are trading on CME.

Recent Videos