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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.
Bitcoin, Ether Hit New All-Time Highs
“The Hash” panel discusses their reading of the crypto markets as the prices of bitcoin and ether hit new all-time highs, with BTC breaking $68,000 and ether rallying above $4,800. Where do we go from here?
ETH-BTC Chart Points to Ether Leadership Ahead
Ether can take lead against bitcoin towards the year-end, one analyst said.
Bitcoin Hits New All-Time High Above $68K As Ether Also Jumps to New Record
Customers Bank President and CEO Sam Sidhu discusses his crypto markets assessment as bitcoin broke $68,000 for the first time, and ether also set an all-time high past $4,800. “Crypto has become too big to ignore,” Sidhu said.
Open Positions in Ether ‘Calls’ Hits 1 Million Mark as Traders Pile Onto Higher Strike Options
Open interest in ETH call options, or bullish bets, is twice more than that in puts.
Bitcoin Soars Past $68K for the First Time as Ether Also Sets Record High
The total market capitalization of all cryptocurrencies neared a milestone of $3 trillion.
First Mover Asia: Bitcoin Hits Record High of Over $67.5K; Ether Also Sets New Mark
Indicators suggest that bitcoin, the largest cryptocurrency by market capitalization, is headed at least initially toward the $86K resistance level.
Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates
The cryptocurrency is rising along with stocks, although some analysts expect the rally could fade next year.
FTX.US CEO on Total Crypto Market Cap Topping $3T as Bitcoin Breaks $66K, Ether Hits All-Time High
As bitcoin breached $66,000 and ether hit another new all-time high of $4,700, the overall market cap of all cryptocurrencies topped $3 trillion Monday. Still, bitcoin’s dominance continues to decline. Brett Harrison, president of crypto exchange FTX.US, discusses his crypto market update and outlook and shares insights into stablecoin regulation.
Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide
The cryptocurrency may face some selling pressure around $70,000, one trader said.
Market Wrap: Analysts See Further Upside in Ether as Bitcoin Stalls
BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.
