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: ‘Oversold’ Bitcoin Down to $35K, ETH Drops to $2.5K

The past weekend saw the lowest number of bitcoin transfers from exchanges in 2021.

CoinDesk XBX Index

Markets

Bitcoin, Ether Etch Largest Daily Gains in a Week

Prices have since begun to cool, with intraday resistance around $38,000 for bitcoin and $2,730 for ether.

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Videos

Bitcoin, Ether Down as Corrective Phase Continues

Bitcoin remains in a corrective phase under $40K. Is the sell-off over, or is there another drop on the horizon? Nicholas Pelecanos, head of trading at NEM, joins "First Mover" to weigh in. Plus, his thoughts on whether the drawdowns signal the end of the bull market.

Recent Videos

Markets

Market Wrap: Weak PayPal Pump Leaves Market Mostly Flat With BTC at $38K, ETH $2.7K

Bitcoin’s 30-day volatility has been dropping the past two days. So has gold's.

CoinDesk XBX Index

Markets

Market Wrap: Bitcoin, Ether Climb on 'Green' Mining Plans Before Losing Steam

Major cryptocurrencies saw a pop in anticipation of a more environmentally friendly mining outlook. Then they slipped.

CoinDesk XBX Index

Markets

Market Wrap: Ether Trading Volume Up, Closing In on Bitcoin; Crypto Market Struggles

Action in the ether market might take the spotlight from bitcoin over time due to very different mechanics between the two assets.

CoinDesk Ether Index

Markets

Market Wrap: DeFi Token Yearn.Finance Pops 76% as Bitcoin, Ether Make Double-Digit Gains

Opportunities in the crypto market this month have led to gains on decentralized and centralized exchanges.

CoinDesk XBX Index

Markets

Bitcoin, Ether Bounce After Disastrous Week for Crypto Market

The battered crypto market is showing signs of life amid bargain hunting by wealthy investors.

Bitcoin price chart for the last 12 hours, May 24