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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 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.
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.
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.
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.
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.
