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.


Mercados

Market Wrap: Bitcoin Traders Take Some Profits Ahead of Fed Meeting, Expect Higher Volatility

BTC is roughly flat over the past week, although some option traders have hedged against further price declines.

(Jacob Townsend/Unsplash)

Vídeos

BTC Could Drop to $33K, Investors Looking at ETH

MarketGauge Group Managing Director Michele Schneider shares her bitcoin price outlook, suggesting that in the short term the “digital gold” could go as low as $33,000. Plus, why ETH could outperform BTC, expected announcements from the Federal Reserve and activity in the commodities markets.

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Mercados

First Mover Asia: Why the Metaverse Is a Potemkin Village

Despite breathless headlines about a digital land rush, metaverse platforms are struggling to attract brands and users; bitcoin ticks up slightly.

(Andriy Onufriyenko/Getty Images)

Mercados

ApeCoin Drops, Ether Trades Flat Despite Record $200M Gas Burn

Over 71,000 ether were burned on Sunday amid demand for a new NFT project. But that did little to affect ether prices as the broader market traded flat.

(Bored Ape Yacht Club, modified by CoinDesk)

Mercados

First Mover Asia: Singapore’s Distaste for Retail Crypto Spooks Institutional Money

Three Arrows Capital's decision last week to move its headquarters to Dubai reflects growing concerns about the city-state's increasing regulatory scrutiny of crypto; bitcoin returns to where it started the weekend.

Singapore skyline (Unsplash)

Mercados

First Mover Asia: Hong Kong Isn’t Sure if It Needs a CBDC

The issues that have prompted other countries to explore a central bank digital currency don’t exist to the same extent in Hong Kong; bitcoin continues its mini-upswing.

Hong Kong faces a choice about pursuing a CBDC. (Camerique/ClassicStock/Getty Images)

Mercados

First Mover Asia: Indian Crypto Exchanges' Trading Volume Continues to Dive Following New Tax Law; Cryptos Higher

WazirX and CoinDcx volumes were less than a third of their levels prior to the regulations going into effect; bitcoin and ether rise.

India (Kriangkrai Thitimakorn/Getty Images)

Mercados

Bitcoin Recovers to $39K as Stocks Rebound

The largest cryptocurrency's correlation with tech stocks has strengthened.

As of press time the largest cryptocurrency was up 1.8% in the past 24 hours, trading at $38,989.

Finanzas

First Mover Americas: When $1M Bitcoin?

The latest moves in crypto markets in context for April 27, 2022.

(Thibault Renard/Getty Images)

Mercados

Dogecoin, Terra Fall Steepest Among Major Cryptos as Long Traders Lose $280M

Digital assets lost 3.5% in capitalization over the past 24 hours but gradually recovered during European morning hours on Wednesday.

(Pixabay, modified by CoinDesk)