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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: Stocks Rally on Possible Stimulus but Bitcoin Is Flat at $9.5K
Equities are winning while bitcoin traders experience a dip in crypto volumes.
Market Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets Coming
Roller-coaster daily trading for bitcoin Monday isn't convincing traders a larger crypto bull market is in the cards.
Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week
The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date.
Market Wrap: Stocks' Carnage Drags Bitcoin Down to $9K
A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.
Market Wrap: Bitcoin Briefly Pops Past $10K as Fed Says Rates May Stay Near 0% Until 2022
Cryptocurrency traders slapped the buy button on bitcoin during the Federal Reserve’s non-announcement announcement, but the run-up didn’t last.
Market Wrap: DeFi Is Helping Ether Outpace Bitcoin This Year
Thanks to growing interest in DeFi, ether is outperforming bitcoin when the market is moving higher.
Market Wrap: $10,000 Remains Bitcoin’s Price to Beat
Store of value? Bitcoin has outperformed gold and trounced U.S. equities so far this year.
Market Wrap: Bitcoin Flat as Stocks Swell on Positive Jobs Report
Bitcoin was dull in trading Friday as stock markets were having a big day. However, cryptocurrency stakeholders see it as a temporary market condition.
Market Wrap: Bitcoin Closing in on $9,900 as Crypto Market Volatility Persists
Crypto derivatives volume had a record month in May - and volatility contributes to fueling that growth.
Market Wrap: A Bitcoin Lull as Stocks Signal Economic Optimism
The bitcoin roller coaster has turned into a bumper car as equities take the stage in hopes of a global economic rebound.
