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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 Stays in Tight Range but Gains Dominance as XRP Crumbles
With XRP’s sell-off, bitcoin’s dominance increases. However, the derivatives market hints at more volatility ahead for the world's leading cryptocurrency.
Market Wrap: Bitcoin Recovers to Nearly $24K; Ether Rides Bitcoin’s 'Coattails'
Bitcoin recovers from Monday’s small-scale market sell-off to nearly $24,000, and ether follows bitcoin’s positive trend.
Market Wrap: Bitcoin Dumps to $21.9K; ETH 2.0 Affected Ether Locked in DeFi
Bitcoin dipped Monday as some liquidations took hold while Ethereum 2.0 dynamics have influenced the amount of ether locked in DeFi.
Market Wrap: Bitcoin Sits at $22.8K While $10B Locked in Top 5 DeFi Protocols
Bitcoin is taking a breather after a breathless price run while investors seem to be placing trust in major Ethereum-based products for locking crypto.
Market Wrap: Bitcoin Pushes Past $23.7K While Crypto Locked in DeFi at All-Time High
Bitcoin’s price is setting records again Thursday as decentralized finance may be overlooked in a heated crypto market.
More Than $1B Ether Staked on Ethereum 2.0
The total amount of Ethereum locked in Ethereum 2.0 has surpassed $1 billion since it went live.
Market Wrap: Bitcoin Solidly Trades Above $20K; Ether Jumps on Positive BTC, CME’s New ETH Product
Bitcoin is now solidly above $20,000 and a short supply and rising demand could push the price higher.
CME Announces Ether Futures Contracts
The Chicago Mercantile Exchange (CME) announced Wednesday it will launch a futures contract on ether, the world's second-largest cryptocurrency by market value, in February.
Market Wrap: Bitcoin Tests $19.5K; Ether Options Interest in Doldrums
Bitcoin continues to appreciate in price as ether options interest wanes after a hot November.
Market Wrap: Bitcoin Pushes Past $19.2K; Ether at 3% of BTC Price
Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.
