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

More Institutional Investors Are Buying Ether, Seeing It as a Store of Value

The ether rally appears to be more organic and driven from within the crypto industry.

CME Group Headquarters (CoinDesk Archives)

Markets

Market Wrap: Bitcoin Hits $34.8K While Ether Volatility Skyrockets

A bullish bitcoin mentality appears to be forming in the options market while ether continues on its roller coaster.

CoinDesk 20 Bitcoin Price Index

Markets

Big Investors Stacked Up Ether as Price Rose to Record High

The increased accumulation by investors with deep pockets may have put upward pressure on ether's price.

Ether prices over the last week.

Markets

Market Wrap: Bitcoin Back Above $33K While Ether Up 65% in 2021

There appears to be strong support around $30,000, according to traders.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Descends to $31K as Ether Funding Rates Drop

Very low spot volume Thursday isn’t helping bitcoin's price.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Drops Briefly Below $33.5K While Ether Calls Dominate Options

Bitcoin fell by over $3,300 while options traders see ether going higher.

CoinDesk 20 Bitcoin Price Index

Markets

Ether's Rise to Record Highs May Propel Cryptocurrency to $10.5K: Fundstrat Global

Fundstrat strategist David Grider based his bullish prediction in part on the promise of Ethereum's technology.

dominoes

Markets

First Mover: What's Next for Ethereum After Cryptocurrency Hits All-Time High

The Ethereum blockchain is growing fast thanks to DeFi, and some traders say the ether cryptocurrency could notch further gains.

Wednesday's inauguration of a new U.S. president continues a tradition that started with George Washington taking the oath of office in 1989.

Markets

Market Wrap: Bitcoin Hangs at $36.4K While Ether Flies to Over $1.4K

The price of bitcoin has traded in a tight range Tuesday.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Ethereum Steals Limelight With New All-Time High Price as Bitcoiners HODL

Crypto traders shift focus to ether as second-largest cryptocurrency surges to new record price, but bitcoiners aren't going anywhere.

Ether, the second-biggest cryptocurrency, is pressing toward new frontiers after setting a new all-time high price.