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 in Pullback Mode as Regulatory Concerns Rise

Bitcoin is declining as regulatory concerns rise; ether is holding support.

Bitcoin 24-hour price chart

Videos

Ethereum 2.0 Sees High Deposit Rate as London Hard Fork Looms

Ether (ETH) notched a 12-day winning streak Monday, the longest ever, in the runup to a planned upgrade on Ethereum’s blockchain that aims to improve the so-called gas fees and limit the supply of the token. CoinDesk Technology Managing Editor Christie Harkin digs into the so-called London hard fork upgrade and what it means for the crypto markets.

Recent Videos

Markets

Market Wrap: Bitcoin Underperforms Ether; Crypto Tax Ahead?

Bitcoin dipped below $40K as traders digest proposed crypto taxes.

Bitcoin 24 hour price chart, CoinDesk 20

Markets

Ether Prints Record Winning Streak as London Hard Fork Looms

Ether has notched a 12-day winning streak, the longest ever.

Ether traders are looking to the London hard fork as a potential price catalyst.

Markets

Market Wrap: Bitcoin Hits Two-Month High After Late-Day Surge

Bitcoin hits its highest level since mid May and has risen more than 15% over the past week.

Bitcoin 24-hour price chart

Markets

Market Wrap: Bitcoin Expected to Pause Before Next Rally

Analysts expect bitcoin to pause at around $40K before its next leg up.

Bitcoin 24-hour price chart, CoinDesk 20

Markets

Ether Trading Volume Surged 1,400% in First Half as Institutions Took Exposure: Coinbase

Ether outperformed bitcoin in terms of volume growth and price performance.

Ether, bitcoin trading volumes.

Markets

Bitcoin, Ether Options Markets Pare Bearish Bias

The short-term put-call skews have pulled back due to a flurry of call buying.

The put-call skew on the bitcoin options market has become less bearish.

Videos

Why ‘Wolf of Wall Street’ Jordan Belfort Thinks Tether Is a Scam

Jordan Belfort, the former stockbroker known as the “Wolf of Wall Street” and current crypto bull, discusses why he thinks stablecoin USDT issuer Tether is a scam. “I’ve been saying that since 2017 that I thought there was a big problem with Tether,” Belfort said.

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Markets

Aave, Chainlink Lead Altcoin Rally as Bitcoin Soars Most in 6 Weeks

The price of bitcoin cash and ether also rose in the past 24 hours.

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