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 Pushes to $11,450, DeFi Value Locked Now at $4B

The crypto market continues its bullish run and investors are plowing crypto into DeFi.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Clings to $11,000 as Ether Futures Top $1B

Bitcoin is holding onto price gains this week as the number of ether derivatives increases.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Ether Addresses in Profit Have Soared 132% in a Year

Even with ether close to yearly highs, profitable addresses have more than doubled since last July.

(Montri Thipsorn/Shutterstock)

Markets

Market Wrap: Bitcoin Sticks to $11,000; Derivatives, DeFi Keep Growing

The cryptocurrency markets are finally heating up in July.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin's Price and Ether's Dominance Sit at 2020 Highs

The two biggest cryptocurrencies are hitting 2020 highs, though for different reasons.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Market Wrap: Bitcoin Blasts Past $10,000; Ethereum Fees Up 550% in 2020

Bitcoin is experiencing high volumes, pushing the price close to $11,000. Meanwhile, Ethereum fees are up 550% this year.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Leading Austrian Telecom Provider Adds Cryptocurrencies to Its Cashless Payment Network

A1 Telekom Austria said cryptocurrencies will now be available to use in its cashless payment app, allowing over 2,500 merchants to accept bitcoin, ether and dash.

Vienna, Austria

Markets

Market Wrap: Bitcoin Near $9,600 as Gold Hits High, Uniswap Liquidity Over $100M

Bitcoin is up for the week, gold gets a new high and DeFi keeps growing.

Source: CoinDesk 20 Bitcoin Price Index

Markets

Ether Leaves Bitcoin Behind With 2020 Gain of Over 100%

Ethereum's popularity with DeFi projects has likely led to a triple-digit year-to-date price rise for ether. Bitcoin lags well behind with a 34% gain.

(Maico Amorim/Unsplash)

Markets

Market Wrap: Bitcoin Hits 1-Month High; DeFi Value Locked Hits $3.3B

Bitcoin is making gains, Ethereum’s DeFi value grows. (CoinDesk)

Source: CoinDesk 20 Bitcoin Price Index