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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 Awaits PCE Inflation Report
The latest price moves in crypto markets in context for June 28, 2024.
Ether to Hit $6.5K Later This Year Driven by Inflows Into Spot ETFs: Analyst
The crypto market is being overly pessimistic about the imminent launch of spot ether ETFs in the U.S. and net inflows could hit $20 billion in the first year, Steno Research said.
First Mover Americas: BTC’s Recovery Stalls as Dollar Rallies
The latest price moves in crypto markets in context for June 27, 2024.
Ether Spot ETFs Could See $5B of Net Inflows in the First Five Months: Galaxy
Ether is more price sensitive to ETF inflows than bitcoin due to the large amount of ETH total supply that is locked up, the report said.
First Mover Americas: Germany Moves 750 BTC, Altcoins Bleed Liquidity
The latest price moves in crypto markets in context for June 26, 2024.
Ether Spot ETFs to Attract $15B of Net Inflows in First 18 Months: Bitwise
Investors are likely to allocate funds to ETFs in proportion to the relative market caps of bitcoin and ether, the report said.
Renewed Bullishness Expected After Bitcoin, Ether's $10B Options Expiry on Friday
Over 25% of options are set to expire "in the money," Deribit's Luuk Strijers told CoinDesk.
First Mover Americas: BTC Steadies, but 10% Monthly Loss Questions Nasdaq Rally
The latest price moves in crypto markets in context for June 25, 2024.
Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein
Ether and other digital assets need a better regulatory regime and the narrative is expected to improve around the U.S. elections later this year, the report said.
Bitcoin Holds $61K After a Brief Nosedive
Bitcoin briefly touched $59K in the early hours of the Asian+ trading day.
