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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.
First Mover Americas: Bitcoin Regains $67,000, Adds Nearly 5% in 24 Hours
The latest price moves in crypto markets in context for July 26, 2024.
EigenLayer Outflows of $2.3B Signal Restaking Sector Slide
The yield offered by restaking is dwarfed by the likes of yield-generating platform Ethena.
First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout
The latest price moves in crypto markets in context for July 25, 2024.
CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut
The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME's Giovanni Vicioso said.
Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch
Solana's SOL and Ripple's XRP were notable outperformers.
First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists
The latest price moves in crypto markets in context for July 24, 2024.
Ether Rises Above $3.5K Ahead of ETH ETF Trading, but Inflow Concerns Remain
Ethereum has more utility than Bitcoin with features like liquid staking, but the question among the ETH ETFs performing as well as BTC ETFs remains ahead of trading.
First Mover Americas: Ether Little Changed After Spot ETF Approval
The latest price moves in crypto markets in context for July 23, 2024.
Ethereum Experienced Its Highest Inflationary Period in the Last Quarter: Fidelity
Layer-2 adoption has been impressive since the Dencun upgrade in March, with transactions on these blockchains increasing around 20%, the report said.
Ether Options Market Bets on Price Gains Post-Spot ETF Approval
Some analysts are forecasting an ether price swoon after ETFs begin trading in the U.S. The options market disagrees.
