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

What’s Driving the Ethereum Rally?

Ethereum hits another new all-time high as it broke $4,600 Tuesday. CoinDesk Indexes Managing Director Jodie Gunzberg discusses her take on the factors that contribute to the price surge: institutional factors, Ether’s use cases, and the influence of meme coins.

CoinDesk placeholder image

Finance

CME to Launch Micro ETH Futures on Dec. 6

The Micro Ether Futures will be cash-settled and based on the CME CF Ether-Dollar Reference Rate.

CME Group headquarters in Chicago, Illinois, U.S., on Friday Feb. 5, 2021. CME Group Inc. is scheduled to release earnings figures on February 10. Photographer: Christopher Dilts/Bloomberg via Getty Images

Markets

Market Wrap: Ether Hits New High, Outperforms Bitcoin as Altcoins Rally

ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period.

Ether price chart (CoinDesk, TradingView)

Markets

Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner

Coin burning refers to the process of removing tokens from circulation and is the crypto market’s equivalent of a stock buyback.

Cotización de ether el 29 de octubre (CoinDesk)

Videos

Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner

MarketGauge Group Managing Director Michele Schneider discusses her crypto markets analysis and outlook as ether posted a new all-time high at over $4402 Friday. Blockchain data showed that smart contract blockchain Ethereum burned more tokens than it emitted in the last 24 hours, thanks partly to strong action in Shiba Inu (SHIB). Plus, is a market correction coming any time soon?

Recent Videos

Finance

Hive Blockchain Outperforms Crypto Miners as Ether Reaches All-Time High

Shares of the diversified crypto miner outperformed peers as ether hit a new record.

Máquinas de minería de bitcoin (Shutterstock)

Markets

Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry

Analysts expect short-term choppiness ahead of the next leg higher.

Bitcoin price chart (CoinDesk, TradingView)

Videos

Is Shiba Inu (SHIB) Worth an Investment Right Now?

Eddie Ghabour, co-owner and managing partner at Key Advisors Group, discusses whether he would advise his clients to allocate Shiba Inu coin (SHIB) to their portfolios. The cryptocurrency is up over 100% in the last seven days. Plus, his views on U.S. bitcoin futures ETFs, ether, NFTs, and options positions.

Recent Videos

Markets

Market Wrap: Bitcoin Rises Again as Altcoins Outperform

Bitcoin is back above $62K and investors are pumping more money into crypto funds.

Will Bitcoin's Bull Run Continue Next Week?