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

Delta Exchange to Simplify Bitcoin Options Trading With Automated Product

Delta said its "Enhanced Yield Product" allows users to avoid high-risk scenarios without the need to learn complex options strategies.

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Videos

Coinbase Posts $1.9B in Q2 Transaction Revenue, Beating Estimates

Coinbase posted $1.9 billion in transaction revenue in the second quarter of 2021, surpassing analyst estimates for $1.57 billion in its second-ever earnings report as a public company. The crypto exchange also noted ether was traded more than bitcoin in Q2 for the first time. CoinDesk's Nate DiCamillo digs into the report and reveals about the outlook for Coinbase and the wider industry. Plus, his insights into the latest Consumer Price Index (CPI) numbers.

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Why Web 3.0 Tokens Might Be the Next Hot Trade in Cryptocurrencies

Bitcoin and ether are soaring, but some crypto traders speculate the next hot market bet: digital assets associated with visions of a decentralized Internet or Web 3.0 tokens. Vanessa Grellet, Head of Portfolio Growth at investment firm CoinFund, explains what Web 3.0 tokens are and why she believes “this is looking like the future.”

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Markets

Market Wrap: Bitcoin Slips as Infrastructure Bill With Crypto Tax Provision Heads to House

Bitcoin pulled back as traders digest regulatory developments in the U.S.

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NFTs Over DeFi: OpenSea Just Overtook Uniswap on Ethereum Usage

Are NFTs back? Non-fungible token (NFT) marketplace OpenSea topped the leaderboard in gas consumption on the Ethereum blockchain, surpassing Ethereum's largest decentralized finance (DeFi) exchange Uniswap. Since last year, Uniswap has typically commanded the top spot. "The Hash" team discusses the industry implications for the rare flippening event and what it means for ether.

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Markets

Cross-Chain DeFi Site Poly Network Hacked; Hundreds of Millions Potentially Lost

DeFi platform Poly Network was attacked on Tuesday, with the alleged hacker draining roughly $600 million in crypto.

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Markets

Ether Held on Centralized Exchanges Hits 3-Year Low

Only 9.4% of ether is held in centralized exchanges, the least since 2018.

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Markets

Market Wrap: Bitcoin Rallies Ahead of Senate Compromise

Bitcoin and ether remain well bid as U.S. senators reach a compromise on the crypto provision of the infrastructure bill.

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Markets

Ether Erases Early Losses to Trade Above $3K

The token remains below the 2 1/2-month high of $3,188 reached over the weekend.

The U.S. infrastructure bill's tax provisions could affect the price of ether.

Markets

Crypto Long & Short: How Do You Measure Relative Value in Crypto?

Until recently, the manipulable “market cap” was nearly all investors had to go on when measuring the relative value of digital assets. More sophisticated yardsticks are emerging.

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