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 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.

Markets

Market Wrap: Bitcoin Gains Steadily to $10.7K; Ethereum Fees at 2-Month Low

Bitcoin’s price has remained remarkably resilient despite recent dispiriting news; Ethereum fees dip.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Rebounds to $10.5K; Stablecoin Market Cap ‘Goes Parabolic’

Bitcoin price has proved resilient in the face of bad news but traders expect crypto volatility ahead.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Blame BitMEX as Bitcoin Dumps to $10.4K; Record Month for Ethereum Fees

Bitcoin’s price fell on U.S. regulatory pressures while Ethereum miners reaped record fee revenue the past month.

CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Retests $10.8K; Total Value Locked in DeFi Hits $11B

Bitcoin price is flirting with $10,800 territory while DeFi soldiers on.

CoinDesk 20 Bitcoin Price Index