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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.
Ether Stalls After 8% Rally as Exchange Inflows Spike
Ether is struggling to extend Wednesday's price rally amid increased inflow of ether onto cryptocurrency exchanges.
Market Wrap: Bitcoin Fails to Stay Above $9,400 While Dai Supply Skyrockets
Low volume and volatility continue to plague the bitcoin market but the supply of dai soars.
Open Interest in Ether Options Jumps to New Record High
Data from major exchanges shows that open interest in ether options rose to a new lifetime high of $194 million on Tuesday.
Market Wrap: Bitcoin Briefly Pops Above $9,400 as Global Stocks Rally
Bitcoin broke through $9,400 as stock indices around the world make gains.
Market Wrap: Bitcoin Clings to $9,200 While Ethereum Transactions Soar
Bitcoin trades flat in July, leading investors to mull other cryptocurrencies.
Market Wrap: Derivatives, Altcoins Take Market Spotlight as Bitcoin Dozes at $9,100
Derivatives and altcoins are providing excitement as bitcoin spot trading stays dull.
Market Wrap: What Twitter Hack? Traders Stay Busy Buying Bitcoin at $9,000
Bitcoin suffered a short period of selling in early trading but has bounced back, seemingly immune to Wednesday's Twitter hack.
Market Wrap: Bitcoin Sticks Around $9,200 as Traders Eye Other Markets for Action
With weak volatility in the bitcoin market, traders are looking at altcoins and stocks for more excitement.
Market Wrap: Do-Nothing Markets Stay Steady as Bitcoin Sticks to $9,200
A quiet bitcoin market has investors remaining hopeful of future improvement.
Market Wrap: Stocks Make Gains While Bitcoin Sticks to $9,200
A bullish stock market left bitcoin behind Monday with the world’s oldest cryptocurrency trading flat.
