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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.
BTCS CEO: Ether Is ‘Blue Chip’ of Crypto, Expects Price to Double
Charles Allen, CEO of Ethereum-focused infrastructure firm BTCS, discusses his price forecast of ether, given the Ethereum 2.0 upgrade and the burning of over $2 billion worth of new ether as part of that upgrade.
Bitcoin Continues to Chop Around $48K as Ether’s Exchange Outflows Spike
Bitcoin lacks clear direction bias while centralized exchanges see record ether outflow.
Parkpine Capital Managing Director Says ETH Price Could Go to $7500 Next Year
Ahmed Shabana, Managing Director at Parkpine Capital, discusses his analysis, adoption, and price forecast for ether, explaining whether he sees ETH as a store of value or deflationary asset. "95% of our strategy is in Ethereum," Shabana said, suggesting the bullish outlook for the second-largest cryptocurrency by market cap. Plus, other investments he's continuing to watch.
Market Wrap: Bitcoin Rises as Traders Accumulate Positions
Sentiment is improving as traders eye positive technical indicators.
Bitcoin Buying Opportunities to Watch
Mario Gomez Lozada, co-founder of crypto options and derivatives platform PowerTrade, discusses his reading of the crypto markets and explains key buying opportunities to watch for bitcoin. "I think we've seen a good pullback," Lozada said. "I don't think it's going to fall that much further." Plus, insights into BTC flows, spot activity, and ETH.
Bitcoin Tumbles Most Since May and El Salvador Buys the Dip
Price drop triggers about $3 billion of liquidations of trading positions due to margin calls.
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.
Market Wrap: Bitcoin and Ether Cross Milestones as Rally Continues
Bitcoin hit $50K and ether approached $4K as risk appetite heats up.
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.
