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

ETH/BTC Ratio Slid to Lowest Since April 2021

The ether/bitcoin trading pair dipped below 0.04 late Sunday, reaching its lowest level since April 2021. The drop signals a decline of investor interest in ether relative to bitcoin. CoinDesk's Benjamin Schiller presents the "Chart of the Day."

Recent Videos

Markets

First Mover Americas: Bitcoin Pulls Back Before Probable Fed Rate Cut

The latest price moves in crypto markets in context for Sept. 16, 2024.

BTC price, FMA Sept. 16 (CoinDesk)

Markets

Fed Rate-Cut Anticipation Weighs on Crypto Markets as Week Kicks Off

PLUS: Sony’s Soneium blockchain is growing, with Circle announcing that USDC will be listed on the chain.

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

First Mover Americas: Bitcoin Trades Little Changed Above $58,000

The latest price moves in crypto markets in context for Sept. 13, 2024.

BTC price, Sept. 13 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Tops $58K After U.S. Tech Stocks Rise

The latest price moves in crypto markets in context for Sept. 12, 2024.

BTC price, FMA Sept. 12 2024 (CoinDesk)

Markets

Are Ethereum Staking Yields Too High?

As staking grows in popularity through liquid staking derivatives, there is a need to better quantify staking returns for different platforms and how they change over time, says Marcin Kazmierczak, co-founder and coo, RedStone.

(Jeremy Bishop/Unsplash)

Markets

First Mover Americas: Bitcoin Drops Below $56.5K on Risk-Off Day

The latest price moves in crypto markets in context for Sept. 11, 2024.

BTC price, FMA Sept. 11 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Rises to $57K as ETFs End Losing Streak

The latest price moves in crypto markets in context for Sept. 10, 2024.

BTC price, FMA Sept. 10 2024 (CoinDesk)

Markets

Crypto Traders Remain Cautious About Downside Risks in Bitcoin, Ether; SOL Stands Out

Options tied to bitcoin and ether show a bias for puts, according to QCP Capital.

Frustrated trader. (Getty Images)

Markets

First Mover Americas: Bitcoin Reclaims $55K Ahead of Tuesday's Harris-Trump Debate

The latest price moves in crypto markets in context for Sept. 9 2024.

BTC price, FMA Sept. 9 2024 (CoinDesk)