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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 Tests $11K; Uniswap Passes $1.5B Locked
Decentralized finance, or DeFi, is captivating the crypto market, and that is causing weakness for bitcoin.
Market Wrap: Bitcoin Slumps to $10.7K; Ethereum Fees Rise Again
Bitcoin's price is heading down while DeFi is helping Ethereum fees go up.
Market Wrap: With Fed Rate Policy Unchanged, Bitcoin Passes $11K; Ether Options Bet on Price Below $400
Bitcoin's price continues to trend upward while the ether options market signals bearish sentiment.
Market Wrap: Bitcoin Hits $10.9K; Total BTC Locked in DeFi Passes 100K
Bitcoin's price is trending upward Tuesday as the amount of BTC in DeFi hits a new high.
Market Wrap: Bitcoin Passes $10.7K; Ethereum Gas Usage Hits Record September Highs
Bitcoin's price hit its highest level in over 10 days while gas on Ethereum is in record use.
Market Wrap: Bitcoin Stuck at $10.3K; Uniswap Value Locked Gyrates
The bitcoin market lacks momentum Friday but Uniswap's value locked is on a roller-coaster ride.
Market Wrap: Bitcoin Hits $10.4K; Ether Balances on Exchanges Fall to 7-Month Low
Bitcoin price trended upward before losing some steam while ether is moving off centralized exchanges.
Ether Traders May Be Hedging Against DeFi Slowdown: Analyst
Some are calling the white-hot Defi space a bubble that is unsustainable.
Market Wrap: Bitcoin Makes Headway to $10.3K; Ether Volatility Highest Since May
Bitcoin is making some modest price gains while the ether roller coaster gathers more steam.
Market Wrap: Bitcoin Hangs Around $10K; Locked DeFi Value Drops
Bitcoin price saw little action on Tuesday. Meanwhile, the value of crypto locked in DeFi has gone down for the first time.
