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

Market Wrap: Bitcoin Dominance Rises as Altcoins Underperform

Bitcoin is outperforming on hopes of a U.S. ETF approval.

Bitcoin 24-hour chart (CoinDesk)

Markets

Analysts Turn Negative on Ether as Weekly Chart Tips Bearish

Some price-chart readers see the potential for a steep drop in the next few weeks.

Ether's daily and weekly charts showing bearish indicators. (TradingView/CoinDesk)

Markets

Market Wrap: Bitcoin Stabilizes After China Crypto Ban Sell-Off; Volatility to Remain Elevated

Cryptocurrency trading has calmed, but analysts expect further volatility.

Bitcoin 24-hour chart (CoinDesk)

Videos

Time’s NFT Launch Sends Gas Fees Spiraling

Time magazine launched a new NFT collection dubbed "TIMEPieces" Thursday, offering "unlimited access" to its website through 2023. All 4,676 tokens, each priced at 0.1 ETH tied to digital artworks, were sold in minutes. But the sale also clogged the Ethereum blockchain, with buyers spending almost four times as much on transaction fees as they did on the NFTs themselves. "The Hash" hosts react, discussing the implications for a historic American institution getting involved in the NFT space.

Recent Videos

Finance

Institutional Investors Preferring Ether Over Bitcoin Now: JPMorgan

The spread between futures prices and spot prices for the two cryptos is telling, analysts wrote.

JPMorgan

Finance

Brazilian Investment Bank BTG Pactual Launches Crypto Platform

Mynt, which will be available in the last quarter of 2021, will initially allow exposure to bitcoin and ether.

BTG Pactual's office

Markets

Ether Options Market Shows Bias for Price Weakness Over 3 Months

As ether buckles, put options – offering downside protection – are drawing higher prices.

Se prevé que el próximo halving de bitcoin sea en abril. (Shutterstock)

Finance

Christie’s to Sell Some of the Earliest NFTs – And Only for ETH

A full set of 31 Curio Cards – including a misprint – is expected to fetch between $870,000 and $1.3 million.

Chritie's in Manhattan, New York. (Spatuletail/Shutterstock)

Markets

Market Wrap: Bitcoin Traders Take Profits Amid Regulatory Crackdowns

Derivative markets are displaying signs of uncertainty, and concerns about regulation are rising.

Bitcoin 24-hour chart (CoinDesk)