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.


Videos

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.

hacker code computer hands

Markets

Ether Held on Centralized Exchanges Hits 3-Year Low

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

Ethereum co-founder Vitalik Buterin

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.

Bitcoin 24-hour price chart, CoinDesk 20

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.

Crypto Long & Short 8/8

Videos

Bitcoin Rises Above $43K for First Time Since May

Bitcoin's price rose above $43,000 Friday for the first time since May, taking its year-to-date return to 48%. The Week in Review panel for "All About Bitcoin" discusses the week's top events that could have propelled bitcoin's rally, including Ethereum's London hard fork upgrade, growth in crypto ATM installations, and JPMorgan's in-house bitcoin fund launch.

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Videos

Rising Ether-Bitcoin Price Ratio Shows Crypto Risk Appetite

The crypto markets are in a risk-on environment, as evidenced by the recent rise in the ether–bitcoin (ETH/BTC) price ratio, and the trend appears set to continue. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.

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Markets

Market Wrap: Bitcoin Rallies Above $42K as Bull Market Continues

Some analysts are optimistic about the broad crypto rally and see further upside, especially for ether.

Bitcoin 24-hour price chart

Videos

Quantum Economics Exec: ETH Driving Crypto Markets, Not BTC

The crypto markets are popping up, and many suggest Ethereum’s London hard fork upgrade was a potential catalyst. “[Bitcoin] maxis will probably get upset with me on this, but Ethereum is definitely the driver of the markets,” said Quantum Economics Analyst Alexandre Lores in explaining his reading of the price boost.

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