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 Has Light Response to OKEx While Ether Options Traders Make Beacon Bets

Bitcoin’s price is rebounding after an OKex-related dip. Meanwhile, ether options traders have a bearish "beacon chain" attitude.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Tests $11.5K; Ether Futures Open Interest Flattens

Bitcoin's price is trending up while ether futures open interest has stopped growing in the past month.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Slips to $11.2K; Uniswap Flows Dominate Ether

Bitcoin price is dipping a bit while ether flows display Uniswap’s prominent market position.

CoinDesk20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Slips to $11,300; Ether Locked in DeFi Is Flat

Bitcoin’s price is slipping while the amount of ether parked in DeFi is stuck in neutral.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Bumps Close to $11.6K; Ether Options Open Interest Dips

Bitcoin price jumped after a sleepy weekend while ether options interest has been weaker than the past month.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Tops $11.1K; Ether Traders Like $400 Options

Bitcoin’s price is trending upward while ether options traders focus on $400 strikes.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Surges on Square News to $10.9K; December Ether Options Pile Up

Bitcoin’s price jumped on news of payments firm Square’s investment while traders have amassed over $165 million in ether options open interest for December expiration.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Regains $10.6K; High-Balance Ether Addresses Decline

Bitcoin’s price is rebounding from a sell-off Tuesday while large ether holders are making moves.

CoinDesk 20 Bitcoin Price Index

Markets

Bitcoin Trump-Dumps to $10,500; MetaMask Hits 1 Million Users

Bitcoin’s price dipped Tuesday after Pres. Trump rejected the latest stimulus proposal, while a popular Ethereum wallet continues to grow.

CoinDesk 20 Bitcoin Price Index

Markets

BitMEX Ether Futures Trading Contracts Fall by Half in Wake of US Charges

Open interest on the Seychelles-based cryptocurrency exchange is down nearly 50% from the $125 million observed Oct. 1.

Ether futures open interest on BitMEX has fallen by half since U.S. charges were announced last week.