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

VanEck Adds to ETF Applications With Ether Futures Filing

The Ethereum Strategy ETF would invest in ETH futures contracts and an array of other indirect ether products.

Gabor Gurbacs, director of digital-asset strategy at VanEck

Markets

Bitcoin Price Rebounds After Testing Lower Support Near $44K as Ether Booms

Bitcoin continues to cool on multiple attempts at $50,000, though that may be less of a concern given demand from bigger players.

Rebound tennis ball. (Unsplash)

Markets

Market Wrap: Bitcoin Buyers Could Take Profits as Volume Declines

Some analysts are optimistic about the long-term recovery in crypto prices, although the pace of the upside will likely slow over the short term.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Rally Expected to Pause

Analysts expect traders to take a breather after the crypto's recent rally.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Crypto Funds Suffer 6th Week of Outflows Despite Bitcoin Rally

The outflow was partly because of low investor participation due to seasonal effects, also seen in other asset classes.

Weekly net flows to crypto funds.

Videos

Crypto Total Market Cap Tops $2 Trillion for First Time Since May

Alexander Blum, a managing partner at investment firm Two Prime, discusses his analysis and positive outlook for bitcoin and ether as the total market value for cryptocurrencies is back over the $2 trillion mark. Plus, his take on institutional buying and the potential impact of the Afghanistan crisis on the crypto markets.

CoinDesk placeholder image

Markets

Cryptocurrency Market Tops $2T for First Time Since May

Bitcoin is joined by ether and cardano, which have surged 11% and 53% in the last seven days respectively.

Climber

Markets

Singapore Crypto Owners Are More Likely to Hold Ether Than Bitcoin

More than a third of Singaporeans who don't hold any cryptocurrencies plan to invest in digital assets in the next year.

Singapore

Markets

Ether Upside Strengthens Relative to Bitcoin

The ETH/BTC ratio is holding support above 0.05 and could face initial resistance near 0.08.

Weekly chart of ether-bitcoin (ETHBTC) price ratio.

Markets

Market Wrap: Bitcoin Slides as US Lawmakers Wrangle Over Crypto Tax Proposal

Analysts said the market doesn't have much of an appetite now for bitcoin above $46,000 or for a massive selloff.

bitcoin price