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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: 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.
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.
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.
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.
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.
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.
Bitcoin Dominance Sinks Below 50% for First Time Since 2018
Bitcoin's share of the overall industry market capitalization has fallen as ether and other altcoins have surged in price.
Ether Price Hits New Record High as Analysts Anticipate Supply Drop
Analysts say ether will become a deflationary asset after the impending EIP 1559 upgrade.
Market Wrap: Bitcoin in Neutral at $55.5K as Ether Continues Bull Run
The price of bitcoin has changed little over the past 24 hours, despite the asset’s notorious volatility.
Market Wrap: Bitcoin Flat at $56.7K, Ether Rises and It Wasn't Dogeday's Afternoon
Bitcoin price takes a pit stop with ether and dogecoin stealing the spotlight.
