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

CME to Roll Out Euro-Denominated Bitcoin and Ether Futures on Aug. 29

The launch of the contracts could accelerate the ongoing institutionalization of the crypto market.

The Chicago Mercantile Exchange will soon offer euro-denominated bitcoin and ether futures contracts. (Source: 12019/Pixabay)

Markets

First Mover Asia: Bitcoin Extends Losing Streak as Pelosi Taiwan Trip Passes Without Incident

ALSO: Solana's SOL token slides after wallet hack and Sam Reynolds provides an on-the-ground assessment of U.S. House of Representatives Speaker Nancy Pelosi's Taiwan trip.

Taipei, Taiwan, skyline. (Creative Commons, modified by CoinDesk)

Markets

Market Wrap: Bitcoin Reverses Course, Pushes Higher, $21K Is ‘Point of Control’

News of an exploit on the Solana platform appears not to have affected BTC's price.

Trading above $23,000, BTC is in positive territory after five consecutive negative days. (Ozark Drones/Unsplash)

Markets

First Mover Americas: Crypto Market Trades in the Green Despite Hacks

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

Even with multiple hacks this week, the crypto market traded mostly in the green on Wednesday morning. (Nicholas Stanley/Unsplash)

Markets

First Mover Asia: Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin's Recent Gains

The mood in crypto markets had turned sunnier last week, but now any bright hopes for a strong rally are fading. PLUS: The NFT market just isn't what it used to be.

Taipei, Taiwan, skyline (Creative Commons, modified by CoinDesk)

Videos

Bitcoin, Ether Slip as Risk Sentiment Wanes Amid Pelosi’s Taiwan Visit

The crypto market wilted as geopolitical tensions zapped investor risk appetite and excitement around Ethereum’s merge began to deflate. As Ether overtook the options market for the first time, Quantfury Head of Markets Daniel Muvdi predicts that ether has the potential to eventually “flip bitcoin in market cap.”

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Markets

Ether's Failure to Break Through 100-Day Price Average Clouds Bullish Outlook

The cryptocurrency's trajectory is suddenly in doubt after it failed to push past a key technical threshold on price charts.

Clouds have suddenly appeared on ether's price chart, darkening the outlook. (Gustave Courbet/Metropolitan Museum of Art, modified by CoinDesk)

Markets

First Mover Americas: BTC, ETH Drop Amid Geopolitical Tensions

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

With heightened tensions between Beijing and Washington, BTC, ETH and the rest of global markets fell. (James Allen/Unsplash)

Markets

Bitcoin, Ether Slump as US House Speaker Pelosi's Taiwan Trip Weakens Risk Sentiment

"There will be serious consequences if Pelosi visits Taiwan," China's foreign ministry spokesperson said on Monday. But geopolitical tensions are hard to predict and often trigger knee-jerk reactions in risk assets.

Nancy Pelosi is slated to land in Taiwan later Tuesday, according to local media reports. (Source: harryho34/Pixabay)