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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 Cracks $37.2K as Ether Breaks Through to Record-High $1.6K
Bitcoin has been trending higher for two days but ether is in the spotlight now.
Ether Soars to Another All-Time High, Carrying DeFi and Rival Coins With It
Investor excitement ahead of the CME's planned ether futures contract is one reason for the price push.
Market Wrap: Bitcoin Rises to $35.8K, Ether Hits New High and DeFi Crosses $28B Locked
The last time bitcoin’s closing price was under $30,000 was Jan. 1, according to CoinDesk 20 data.
Ether Cryptocurrency Reaches Record High, Briefly Tops $1.5K Amid WSB Trading Buzz
Analysts say the trading movement started by WallStreetBets may boost adoption of ether and other cryptocurrencies.
Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share
The investor spotlight is now shining on DeFi tokens and trading.
Market Wrap: Bitcoin Bumps to $38.6K While DeFi Exchanges Hit $50B
Crypto spot volumes rose to the second-highest level in over a month.
Market Wrap: Bitcoin Reverses Wednesday’s Losses, Ether Climbs
Few are attributing the cryptocurrency's rise to market fundamentals after the GameStop roller coaster.
Market Wrap: Bitcoin Drops to $29.9K While DeFi Hits Record $29B Locked
Today was the first time bitcoin traded below $30,000 since Jan. 21.
Market Wrap: Bitcoin Slips to $30.8K While Investors Plow BTC Back Into DeFi
Its price fell Tuesday but the amount of BTC in DeFi is at its highest in over a month.
