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

Ether Soars to New All-Time High and JPMorgan Notices

JPMorgan points to better liquidity conditions as reasons behind ETH's outperformance relative to BTC, which could provide a tailwind.

ETH vs. BTC futures liquidations

Markets

DeFi Pushes ETH Loans at Genesis to New Highs as BTC Rates Drop

ETH loans now make up 27% of Genesis’ loan book, as hedge funds get more comfortable with DeFi.

Genesis Trading CEO Michael Moro speaks at Invest: Asia 2019.

Markets

Market Wrap: Bitcoin Over $55K as Ether Hits New All-Time High

Bitcoin's rise this week comes after a weekend where its price went as low as $47,272.

CoinDesk XBX Index

Markets

Ether Hits All-Time High Price Above $2.7K After Rallying 19% in 3 Days

The price move extends the second-largest cryptocurrency's stunning rally this year: It has tripled already in 2021, amid trader enthusiasm over growth in blockchain applications.

Chart of ether's price over the past day shows the ascent to an all-time high.

Markets

Market Wrap: Bitcoin Bounces to $54K as Ether Fees Drop Below Average in Past Week

Bitcoin’s recovery may spark momentum that should persist this week, said one trader.

CoinDesk XBX Index

Markets

Polygon Jumps in Crypto Market Rebound, as Ether Congestion Drives Adoption for Rivals

Polygon has seen a 10x rise in the number of transactions since the start of the year.

Polygon is appearing everywhere all of a sudden.

Markets

Market Wrap: Bitcoin Steadies After $300B Market Cap Dump on Taxation Trepidation

Analysts pointed to the Biden proposal to double capital gains taxes on high-income individuals as the catalyst.

CoinDesk XBX Index

Markets

Bitcoin Price Decline Deepens, Heads for Worst Week Since February

Technical charts suggest a weakening trend, with altcoins rallying, as bitcoin slides toward $50,000.

Bitcoin's price over the past month.

Markets

Market Wrap: Bitcoin Price, Dominance Slips; Ether Hits Fresh Record High Over $2.6K

As BTC's price continues lower, one possible benefit is a decrease in the crypto's volatility.

CoinDesk 20 XBX Index

Videos

Is Bitcoin Boredom Driving the Altcoin Rally?

Ether reached an all-time high Thursday, but bitcoin's upside momentum continued to slow. What's behind the rise of ether and the altcoin rally? Steven McClurg of Valkyrie Investments explains why he thinks there's a shift in investor behavior. McClurg also discusses the status of Valkyrie's ETF application and his thoughts on the impact of bitcoin ETFs on the markets.

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