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 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.

CoinDesk 20 Bitcoin Price Index

Markets

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.

CoinDesk 20 Bitcoin Price Index

Markets

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.

CoinDesk 20 Bitcoin Price Index

Markets

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.

CoinDesk 20 Bitcoin Price Index

Markets

Kraken Users Are Staking More Than $1B in Crypto

The value reflects the many long positions investors are trading in cryptocurrencies.

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Markets

Market Wrap: Bitcoin Breaks $34K as Ether Futures Interest Jumps $350M in a Day

Bitcoin breaks $34K while ether futures continue to gain steam.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Briefly Drops Close to $28K as Ether Futures Heat Up

Profit-taking helped lead bitcoin lower Monday while more investors are eyeing ether with great interest.

CoinDesk 20 Bitcoin Price Index

Markets

First Mover: Bitcoin's Plunge to $31K Shows How Bullish Market Had Become

It's anybody's guess where cryptocurrency markets might end 2021, but so far all signs point to further gains.

Bitcoin was descending Monday after shooting to a new all-time-high price above $34,000.

Markets

Ether Price Passes $1,150 to Hit Highest Since January 2018

Ethereum's native cryptocurrency, ether, jumped to its highest level since early 2018 following a 43% gain last week.

Ether prices on Jan. 4

Markets

Ether Hits $1,000 for First Time Since 2018, Hours After Crossing $800

The native currency of the Ethereum network hit a nearly three-year high of $914.20 before settling back to $809.86.

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