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

Ether Futures Open Interest Hits New High of $11.6B

Open interest has more than doubled since late June, signaling an influx of money into the market.

Open interest in ether futures has jumped in recent weeks. (Glassnode)

Markets

Market Wrap: Bitcoin and Ether Cross Milestones as Rally Continues

Bitcoin hit $50K and ether approached $4K as risk appetite heats up.

Bitcoin 24-hour chart (CoinDesk)

Markets

Ether Passes $4K for First Time Since May, Nearing All-Time High

Ether is outperforming bitcoin on its way to an all-time high set in May.

Ether, la criptomoneda nativa de la blockchain Ethereum, superó este viernes los $4000 por primera vez desde mayo. (Highcharts, CoinDesk)

Markets

Bitcoin Rises Above $50K After Ether’s Biggest Single-Day Gain in 6 Weeks

“Coinbase buyers are back,” one analyst says.

Bull

Videos

Bitcoin Rises Above $50K After Ether’s Biggest Single-Day Gain in 6 Weeks

Bitcoin crossed the $50,000 mark for the first time since Aug. 23. The advance comes just a day after ether jumped above $3,800 to reach the highest level since mid-May, ending the day with an 11% gain, the biggest single-day rise since July 21. Stephen Stonberg, CEO of crypto exchange Bittrex Global, discusses his take on what's driving the crypto markets higher and what assets he's continuing to watch. Plus, insights into institutional traders.

Recent Videos

Markets

Ether’s Options Market Sees Highest Trading Volume Since May

Ether calls at $6,000 and $7,000 strikes were most popular on Wednesday

(Creative Commons, modified by CoinDesk)

Markets

Market Wrap: Ether Breaks Out as Bitcoin Lags

Ether may be poised for a move to $4,000.

Ether 24-hour chart (CoinDesk)

Finance

Mutual Fund Giant Franklin Templeton Eyes Bitcoin, Ether Trades With Planned Hires

The $1.5 trillion asset manager is a newcomer to crypto investing despite years of experimenting with blockchain tech.

Benjamin Franklin (Culture Club/Getty Images)

Markets

Ether Tops $3.5K After Record Daily Coin Burn; Bitcoin’s Rangeplay Continues

Ethereum destroyed 12,000 coins on Tuesday, the most in a single day since the EIP 1559 activation.

bonfire, flames