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: BTC Treads Water Ahead of U.S. Jobs Report

The latest price moves in crypto markets in context for Sept. 6, 2024.

By Jamie Crawley, Omkar GodboleSep 6, 2024

Markets

Weeks After Ether ETF Debut, ETH Market Liquidity Has Dropped by 20%

Order book liquidity refers to the market's ability to absorb large buy and sell orders without influencing the spot price.

By Omkar GodboleSep 6, 2024

The 5% market depth for ETH pairs on centralized exchanges. (CCData)

Markets

First Mover Americas: BTC Erases Gains From Wednesday's Brief Rally

The latest price moves in crypto markets in context for Sept. 5, 2024.

By Jamie Crawley, Omkar GodboleSep 5, 2024

Markets

Ether CME Futures Volume Shrinks as ETH ETFs Disappoint, Crypto Market Ducks Risk

The decline in trading volumes for ETH instruments suggests lower-than-expected institutional interest in the asset, particularly following the launch of spot ether ETFs, according to CCData.

By Omkar GodboleSep 5, 2024