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

First Mover Americas: Bitcoin Settles Above $67K After Biden Drops Out

The latest price moves in crypto markets in context for July 22, 2024.

BTC price, FMA July 22 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Trades at $64K as Biden Withdrawal Likelihood Increases

The latest price moves in crypto markets in context for July 19, 2024.

BTC price, FMA July 19 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Trades Below $65K Following Wednesday's Drop

The latest price moves in crypto markets in context for July 18, 2024.

BTC price, FMA July 18 2024 (CoinDesk)

Finance

In Likely Precursor to Ether ETF Approval, Most Applicants Have Submitted Their Final Forms

The forms show what issuers plan to charge customers, with Grayscale at the high end at 2.5%, while competitors including BlackRock and Fidelity pick 0.25% or lower.

Scrabble letters spelling ETF arranged a rack

Markets

First Mover Americas: Bitcoin Bulls Eye $70K After Return to $66K

The latest price moves in crypto markets in context for July 17, 2024.

BTC price, FMA July 17 2024 (CoinDesk)

Markets

Deribit's New Bitcoin, Ether Options Tied to U.S. Elections Get Thumbs Up From Crypto Traders

Traders said these options will help define risk and protect capital from expected volatility in the lead-up to and following the binary event.

Monument, president. (TheDigitalArtist/Pixabay)

Markets

Ether Spot ETF Inflows Will Push ETH to Beyond $5K: Bitwise

It may not happen immediately and price action could be choppy to start due to outflows from the Grayscale Ethereum Trust, after it converts to an ETF, the report said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Markets

First Mover Americas: Bitcoin Retreats as Mt. Gox Moves $3B of BTC

The latest price moves in crypto markets in context for July 16, 2024.

BTC price, FMA July 16 (CoinDesk)

Markets

Ether Spot ETFs Could See Up to $5.4B of Net Inflows in First 6 Months: Citi

Spot ether exchange-traded funds are expected to see 30%-35% of bitcoin ETFs' net inflows, and may disappoint due to other factors such as the lack of staking, the report said.

Ether spot ETFs to see same sources of demand as bitcoin versions but on lower scale: Bernstein. (Rob Mitchell/CoinDesk)

Markets

Ether Hedging Activity Picks Up as U.S. ETF Debut Nears

Investors' focus on ether is evident from ETH's sustained volatility premium over BTC.

(gopixa)