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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.
Market Wrap: It's 'Doge Day Afternoon' as Memecoin Jumps 47%; Ether and Bitcoin Rise
Not all industry participants are amused by dogecoin’s tricks.
Market Wrap: Bitcoin Falls for Second Straight Day After Tesla Action; Ether Follows
“What saddens me is the way the weak hands and recent buyers see Elon Musk as a prophet, powerhouse and decisive figure in bitcoin,” said one trader.
Market Wrap: DeFi Tokens Aave and Uniswap Climb While ETH and BTC Dump
“The crypto market is primarily focused on Ethereum and the catapulting DeFi sector right now,” said one analyst.
Bitcoin Adoption Keeps Growing During Alt Season, Blockchain Data Shows
Dominance is at the lowest level since April 2018, suggesting traders are rotating into ether and other altcoins.
Ether Hits $500B Market Cap for First Time
Ether (ETH) touched the $500 billion market cap Wednesday, surpassing the valuation of financial giants like JPMorgan and Visa. "The Hash" discusses why this milestone is significant and the prospects of a "flippening."
Ether Touches $500B Market Cap for First Time, Overtaking JPMorgan and Visa
The milestone came as ether hit an all-time high of over $4,370.
Market Wrap: Yearn, EOS Rise Over 30% While Ether and Bitcoin Eke Out Small Gains
The DeFi-related assets have grown by double digits so far this year.
Market Wrap: Stellar, ICP Pop as Altcoin Season Takes Ether to Fresh High
Jed McCaleb’s stellar token rides the altcoin wave as ether pushes to new levels.
