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

CME Group Launches Ethereum Options Ahead of Merge

Leading derivatives marketplace CME Group is launching ether (ETH) options amid surging demand for ETH derivatives ahead of the Ethereum Merge. Tim McCourt, global head of equity and FX products at CME Group, shares his insights following the first block trade.

Recent Videos

Markets

First Mover Americas: Ethereum Merge Spawns Watch Parties, But 'Jail Kwon' Token Gets More Hype

The latest price moves in crypto markets in context for Sept. 14, 2022.

Terraform Labs CEO Do Kwon (CoinDesk TV, modified)

Markets

Steep Drops in Bitcoin, Ether Cause Over $250M in Futures Losses

BTC fell 9% in the past 24 hours, the most among major cryptocurrencies, while ETH dropped 6%, CoinDesk data shows.

El mercado de futuros de bitcoin se inclina hacia la baja. (Unsplash)

Markets

First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts

The bill would prohibit California-licensed entities from dealing with stablecoins unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation.

Cryptos plummeted Tuesday. (Jay Radhakrishnan/Getty Images)

Videos

Bitcoin Slips to $20K as US Inflation Continues to Rise

Bitcoin (BTC) and ether (ETH) tumbled as U.S. August inflation data came in higher than expected. QCP Capital co-founder and CIO Darius Sit discusses a potential bitcoin bottom and his crypto markets outlook. Plus, the current state of institutional investors in Asia.

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Markets

Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall

Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling.

Inflation data disappoints investors, roiling the crypto markets. (Pedro Vilela/Getty Images)

Markets

First Mover Americas: Bitcoin Tumbles Below $22K on Higher-Than-Expected US Inflation

The latest price moves in crypto markets in context for Sept. 13, 2022.

(Luismi Sánchez/Unsplash)

Markets

First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading

A recent report from South Korea-based CryptoQuant outlines a number of price valuation metrics that show bitcoin sinking to as low as $14,500 to $10,000.

Bitcoin's price may not have bottomed out. (Sebastian Condrea/Getty Images)

Markets

Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data

The second-largest cryptocurrency declined relative to bitcoin three days ahead of the scheduled Merge.

ETH falls, but BTC climbs. (Thomas Höggren/Unsplash)

Videos

Bitcoin Rally Continues While Ether Stays Steady Around $1,700

Bitcoin (BTC) rises above $22,000 ahead of the anticipated “Merge” while ether (ETH) lags behind. Observers claim the underperformance of ether stems from traders rotating money out of ether into bitcoin. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.

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