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: Here's Why Ether's Price Has Jumped 65% So Far This Year

Ether is outperforming bitcoin in 2020 but has lower liquidity and different technical dynamics than the world’s largest cryptocurrency.

Source: CoinDesk BPI

Markets

Market Wrap: Bitcoin Stuck in High $9K Range as Stocks Soar on Powell Comments

Bitcoin treaded water in the high $9,000 range Monday as stocks rallied and traders wondered when the cryptocurrency would break five digits again.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Dips as Stock Markets Close Lower on the Week

Bitcoin attempted to recover from a price dip on Friday as global stock indexes end the week lower.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin's Price Up 12% Since the Halving

Bitcoin has seen double-digit gains in price since the halving. Institutional investors doing more trading in crypto options on CME is a sign of continued interest.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price

A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past.

Source: CoinDesk Bitcoin Price Index

Markets

Many Ether Whales Might Be Leaving for Bitcoin: Data

The seven-day average of the number of unique addresses holding 10,000 ethers or more fell to 1,050 on Tuesday. That's the lowest level since January 2019.

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Markets

Market Wrap: Bitcoin's Price Is Rising Despite a Dull Halving

Based on the rise of daily active bitcoin addresses, the highest number since 2018, interest could continue now that the halving is complete.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Where Does Bitcoin Go After the Halving?

With the highly anticipated bitcoin halving reducing new mining supply, what are crypto traders thinking about upcoming market behavior?

Credit: CoinDesk Bitcoin Price Index

Markets

ErisX Announces Launch of First US Ether Futures Contracts

ErisX is launching physically settled ether futures contracts, it announced Monday.

ErisX CEO Thomas Chippas (Credit: CoinDesk archives)

Markets

Market Wrap: Bitcoin at $9.9K as Halving Chatter Increases

Bitcoin’s price keeps gaining as people increasingly talk about the halving - but the event’s potential after-effects may be considered an afterthought for many investors.

Source: CoinDesk Bitcoin Price Index