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

Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Bitcoin’s price dipped below $18,000 for the third straight day while an increase in active Ethereum addresses is fundamentally positive.

CoinDesk 20 Bitcoin Price Index

Markets

This One Graph Shows Ether Going From CeFi to DeFi: Glassnode

Data indicates DeFi could take a huge bite out of CeFi when it comes to the ether cryptocurrency.

Centralized exchanges get DeFi FOMO, as decentralized exchanges challenge their dominance in crypto trading.

Markets

Market Wrap: Bitcoin Briefly Slides Below $18K as ETH Is More Volatile Than BTC in 2020

Bitcoin slipped below $18,000 again Thursday as ether’s volatility in 2020 shows a different dynamic.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked

Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Steadies at $18.7K; Big Ether Options Position Around $1,120 Isn’t Bullish

The bitcoin market dipped again Tuesday while traders have scooped up ether options at the $1,120 price level.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Briefly Slips Below $19,000; ETH Locked in DeFi Crosses Over 7M

A bit of bitcoin price dumping occurred Monday while some investors dove back into DeFi with their ether.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Dips Below $19,000 as Ether Options Volume Drops

Bitcoin briefly dropped below $19,000 on a low-volume day while the ether options market seems to be in decline for now.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Lingers Around $19.4K While ETH/BTC Pairing Hits Bull Mode

Bitcoin’s price is in a tight range Thursday while some investors are moving into ether.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Flat at $19K While Ether Options Traders Bet Bearish on 2021

Bitcoin’s price is seeing little action while the ether options market is betting on a much lower valuation for the asset in 2021.

CoinDesk 20 Bitcoin Price Index

Markets

XRP Led November's Crypto Bull Run With 169% Gain

XRP jumped 169% in November to top the performance rankings among digital assets in the CoinDesk 20, outperforming bitcoin and ether.

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