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: Crypto Mining Stock Hut 8 Jumps on Unusually High Trading Volume

Hut 8 Mining Corporation saw a bump in price and trading volume Friday ahead of next month’s bitcoin halving.

Source: CoinDesk BPI

Markets

Market Wrap: Ether Making Big Gains as Stablecoins Proliferate on Ethereum

The Ethereum network has become the place where stablecoins proliferate. Can ether keep rising in price as a result?

Source: CoinDesk BPI

Markets

Market Wrap: Bitcoin Price Volatility Declines in Contrast to S&P 500

As coronavirus upends economic patterns, the S&P 500 continues a rocky run while bitcoin’s volatility has declined.

Source: CoinDesk BPI

Markets

Bitcoin Tests $7K as Spot Trading Volumes Subside to Normal Levels

After weeks of elevated activity, trading volumes on spot bitcoin exchanges have subsided, boding well for some traders if not the venues themselves.

Source: CoinDesk BPI

Markets

Bitcoin Drops as Traders See Bearish Signals in Futures Markets

Bitcoin slid Monday to its lowest point in the past seven days, with traders saying bearish signals are appearing.

Source: CoinDesk BPI

Markets

Profit-Taking Keeps Bitcoin in Tight Range as Fed Reopens Spigot

Bitcoin and ether fell slightly Thursday as traditional markets climbed on additional stimulus measures by the U.S. Federal Reserve and Bank of England.

Source: CoinDesk BPI

Markets

Bitcoin Tracks Stocks Up to $7.4K Before Sliding Back to $7.1K

Bitcoin trended higher along with many traditional markets Tuesday before changing direction and falling as U.S. stock trading closed.

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Markets

Ether-Bitcoin Price Volatility Spread Hits 4-Month Low

Some cryptocurrencies are hairier rides than others. But there may not be much difference in price volatility between the top two in the months ahead.

(Shutterstock)

Markets

Bitcoin Takes Tumble, Traders Fret Correlation and Next Month's Halving

Bitcoin had another down day. How long the cryptocurrency follows stocks, and whether next month’s halving juices its price, remain open questions.

Source: CoinDesk BPI

Markets

Bitcoin Follows Stock Markets Higher; How Long Will They Move in Lockstep?

Crypto prices climbed with traditional market indexes Monday as traders wondered if bitcoin will remain a follower or break out and blaze its own path.

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