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

Solana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s Gains

Momentum has been building after bitcoin hit an all-time high last week.

Solana hit new record high prices on Monday. Credit: Kurt Cotoaga/Unsplash

Markets

Bitcoin Pushes Upward After Weekend Dip

Funding rates across major exchanges were lower over the weekend, making it cheaper for traders to take more long leverage on bitcoin.

Bitcoin price chart Oct. 22-Oct. 25.(CoinDesk)

Markets

Market Wrap: Bitcoin Retreats From All-Time High; Ether Outperforms

The ETF enthusiasm has faded but some investors expect pullbacks to remain limited for the remainder of the year.

Bitcoin retreats from all-time high.

Markets

Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism

The price fell from an all-time high of almost $67K as bullish traders took profits. That may continue, but not for long.

Bitcoin 24 hour price chart (CoinDesk, TradingView)

Finance

Houston Firefighters Pension Fund Makes Bitcoin, Ether Purchase

The fund has invested $25 million in crypto in what appears to be a first for a U.S. public pension plan.

fire

Markets

Crypto Market Cap Surges to Record $2.7T

The record high comes as the world’s two largest cryptocurrencies continue to rally.

(CoinGeko)

Markets

Ether Tops $4.2K, Eyes Record High

Ether looks north, having breached a five-month downtrend line

Ether's daily chart (TradingView)

Markets

Options Traders Bet Big Ether’s Turn for an ETF Is Coming Soon

Crypto options market indicates some traders have become more bullish on ether’s price next year.

Options traders are betting ether will go much higher earlier next year. (Dan Farrell/Unsplash)

Markets

Ether Awaits Price Breakout After Bitcoin’s Record Daily Close

Ether lags bitcoin as the latter nears a record high price.

Ether and bitcoin daily charts (TradingView)