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: Ether Breaks Out as Bitcoin Lags

Ether may be poised for a move to $4,000.

By Damanick Dantes, Tracy WangSep 1, 2021

Finance

Mutual Fund Giant Franklin Templeton Eyes Bitcoin, Ether Trades With Planned Hires

The $1.5 trillion asset manager is a newcomer to crypto investing despite years of experimenting with blockchain tech.

By Danny NelsonSep 1, 2021

Benjamin Franklin (Culture Club/Getty Images)

Markets

Ether Tops $3.5K After Record Daily Coin Burn; Bitcoin’s Rangeplay Continues

Ethereum destroyed 12,000 coins on Tuesday, the most in a single day since the EIP 1559 activation.

By Omkar GodboleSep 1, 2021

Learn

Ether Poised for Biggest Monthly Price Gain Since April; Analysts Remain Bullish

Ether may face a supply squeeze, one analytics firm said.

By Omkar GodboleAug 31, 2021

Markets

Market Wrap: Bitcoin Consolidates as Altcoin Season Heats Up

Bitcoin’s rally is taking a breather as altcoins outperform.

By Damanick Dantes, Bradley KeounAug 30, 2021

Markets

Investors Add to Altcoin Funds as Bitcoin Outflows Mount

Digital-asset funds focused on Cardano and other altcoins have attracted fresh capital.

By Damanick DantesAug 30, 2021

Chart shows total AUM and net new assets of crypto funds.

Source: CoinShares

Markets

Market Wrap: Bitcoin and Stocks Rise on Dovish Fed

Bitcoin returns above $48,000 as risk rally continues.

By Damanick Dantes, Frances YueAug 27, 2021

Markets

Ether’s Daily Issuance Drops Below Bitcoin, IntoTheBlock Says

Ether’s net daily issuance is less than bitcoin’s for the first time on record.

By Omkar GodboleAug 27, 2021

Markets

Market Wrap: Bitcoin Back Above $48K, Expect Consolidation

Cryptos gain alongside stocks.

By Damanick Dantes, Frances YueAug 25, 2021

Bitcoin 24-hour price chart, CoinDesk 20

Videos

Budweiser Getting Frothy on NFTs

Budweiser USA has changed its Twitter profile picture to a rocket designed by non-fungible token (NFT) platform Rocket Factory, which was bought for 8 ETH (US$25,000).

Aug 25, 2021