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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 Stumbles to $11,300; USDC Lending Rates Skyrocket
Bitcoin experienced heavy selling Tuesday, while traders are finding profits in stablecoin borrowing strategies.
Some Traders Now Taking Bets Ether Will Break $1K by December
Some option traders are now betting ether will rise to $1,000 by year’s end.
Market Wrap: Bitcoin Tests $12K; DeFi Debt Outstanding Hits Record
Bitcoin’s back on the price roller coaster and DeFi borrowing is hitting a new high.
Market Wrap: Bitcoin Dips to $11.5K; Cardano Is Making a Big DeFi Move
After testing a $11,900 high bitcoin takes a dip while a DeFi competitor to Ethereum checks off a roadmap box.
Market Wrap: Bitcoin Breaks $11,800; Ether Options Market Explodes
Bitcoin's price is clawing its way back after weekend losses while the ether options market suggests a bumpy road ahead.
Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate
Bitcoin’s price is trending up. Meanwhile, interest rates for lending crypto in DeFi are still unpredictable.
Market Wrap: Bitcoin Flat at $11.2K; DeFi Has Highest Volume Month Ever
A weak bitcoin market is not stopping Ethereum-powered DeFi growth.
Decentralized Exchange dYdX Debuts Ether Perpetual Swaps
Perpetual swaps that track the price of ether are coming to dYdX, the company announced Tuesday.
Market Wrap: Bitcoin Rebounds to $11,400 After Flash Crash as Ether Closes In on $400
Bitcoin is gaining back what it lost and ether’s upward run seems undeterred as the crypto market recovers from a flash crash on Sunday.
Flash Crash: Bitcoin Price Slides by $1.4K in Minutes
Bitcoin's sudden price drop triggers a long squeeze across major exchanges.
