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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 Dips to $34.4K as Big-Name DeFi Tokens Trounce ETH
Bitcoin may be down now but there is still growing demand for crypto assets, one analyst said.
Market Wrap: Bitcoin Hits $40K Again While Ether Volume Is Erupting This Year
Bitcoin’s price is on a rising trend for the first time this week.
Market Wrap: Bitcoin Claws Back to $36.4K While 25% of Ether Options Will Expire in March
Less action in the bitcoin market Wednesday means traders are sitting out while ether options are piling up for a first-quarter expiration.
Market Wrap: Bitcoin Hovers Around $34.2K While Options Traders Pay Up for Possible ETH Upside
Bitcoin’s price has ridden a roller coaster on lower spot volume while options traders are ready to bet on ether FOMO.
Market Wrap: Bitcoin Plunges to $30.3K as Options Traders Bet on Sub-$800 Ether
Bitcoin’s huge sell-off by over $8,000 in the past 24 hours while options traders clearly are betting that ether is overvalued.
Market Wrap: Bitcoin Crosses $41.9K as Ether Futures Interest Grows 85% So Far in 2021
Bitcoin hit a brand-new all-time high as traders are piling into ether futures.
Market Wrap: Bitcoin Reaches $40.3K While DeFi Value Locked Inflates to Over $22B
Bitcoin’s price crested an all-time high $40,000 mark while DeFi total value locked hits a new record on market fervor.
Market Wrap: Bitcoin Blows Past $36.1K While Traders Clamor for Ether Options
Bitcoin hit another all-time high today while ether traders are paying royally to get in on the options action.
Kraken Users Are Staking More Than $1B in Crypto
The value reflects the many long positions investors are trading in cryptocurrencies.
Market Wrap: Bitcoin Breaks $34K as Ether Futures Interest Jumps $350M in a Day
Bitcoin breaks $34K while ether futures continue to gain steam.
