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.


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DOGE Rides Crypto Wave to New All-Time High Prior to Coinbase Nasdaq Listing

Dogecoin doesn't trade on Coinbase but it has rallied ahead of the exchange's shares trading on the Nasdaq.

Dogecoin price on CoinDesk 20

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Bitcoin, Ether Scale New Heights Ahead of Coinbase's Historic Trading Debut

The high marks continue a two-day surge by the two cryptocurrencies in the lead-up to a seminal moment in the history of crypto.

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Market Wrap: Bitcoin, Ether Steady Near Record Highs, as All Eyes on Coinbase Listing

Crypto bulls are taking over the market in anticipation of Coinbase's direct listing.

CoinDesk Bitcoin Price Index

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ConsenSys Raises $65M from JP Morgan, Mastercard and UBS

ConsenSys, an Ethereum development operation, announced the close of $65M in funding by JP Morgan, Mastercard and UBS, as well as blockchain firms including Alameda Research, Filecoin's Protocol Labs and DeFi's Maker Foundation. The company sees itself as building a bridge between traditional finance and the crypto world, but how will it remain true to its decentralized roots? ConsenSys Global Fintech Co-Head Lex Sokolin joins "First Mover" to provide an update on ConsenSys's projects and plans.

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Q1 2021 Industry Trends: Institutional Interest in ETH Ramps Up

These three events and two metrics show how ether markets are maturing.

The Chicago Mercantile Exchange ascended three spots in the ranking of bitcoin futures exchanges.

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Market Wrap: Bitcoin Near $60K as Coinbase Listing Stirs Fresh Crypto Hype

The listing could spur newbie investors to try cryptocurrencies.

CoinDesk's Bitcoin Price Index

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Market Wrap: Bitcoin Stuck Around $58K; Monthly Volatility Drops to 3-Month Low

Bitcoin’s struggle to retest a key resistance level at $60,000 has “dampened” market sentiment, said one trader.

CoinDesk Bitcoin Price Index

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Market Wrap: Bitcoin Near $58K, Reverses Two-Day Losses Despite Lower Trading Volume

The price gain came amid new signs of growing mainstream adoption of bitcoin and other cryptocurrencies.

CoinDesk Bitcoin Price Index

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Ether’s Record Run Came With Less Support Than Bitcoin’s, Blockchain Analysis Shows

Philip Gradwell of Chainalysis said on CoinDesk TV that “relatively little” ether was bought above $1,850 and even less was bought at $2,000 or above.

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Will Ethereum Be Able to Hang Onto $2K?

The price of Ether has been hovering around $2K, but will it last? Chainalysis’s chief economist doesn’t think so. Philip Gradwell joins “First Mover” to analyze Ether and explain why he expects the price to decline.

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