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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: PayPal Powers Bitcoin Past $12.8K as Ether Dominance Drops
Bitcoin’s price hit a 2020 record as ether’s share of the market dips.
Market Wrap: Bitcoin Tests $12K; Ethereum Fees Fall to 3-Month Low
Bitcoin’s price passed $12,000 while Ethereum fees dipped.
Market Wrap: Bitcoin Bounces to $11.8K; Over 10K BTC Locked in Harvest Finance
Bitcoin’s price tested $11,800 Monday as investors continue to put BTC into new DeFi protocols.
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.
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.
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.
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.
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.
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.
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.
