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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.
Binance Open Bitcoin Futures Bets Jump by Over $1B as BTC Chalks Out Bearish Candlestick Pattern: Godbole
Futures activity hints at an influx of fresh shorts as Monday's bearish marubozu candle points to more losses ahead.
Bitcoin Slips Under $94K as Stocks Try to Shake Last Week's Jitters
Macro uncertainty combined with carnage in most of the rest of crypto is weighing bitcoin down.
Bybit Closes 'ETH Gap' as Exchange Replenishes $1.4B Hole After Hack
Bybit has returned to a 1:1 backing of client assets days after being hit by the biggest crypto heist ever.
Ether Supply Squeeze? Bybit Hacker Emerges as World's 14th-Largest ETH Holder
Ether trades 2% higher as the hacked ETH is seen as a permanently lost supply.
Crypto Exchanges Start to Fill Bybit's $1.4B Hole as Hackers Move Stolen Funds
"At Bitget we strongly believe in supporting the community and everyone contributing towards the growth of crypto," company CEO Gracy Chen told CoinDesk.
Bitcoin, Ether Slump as Crypto Prices Dip on Report of Massive $1.5B Bybit Hack
The move happened as crypto exchange Bybit saw a sudden $1.5 billion worth of ETH outflow.
Ether ETFs Register $393M in Inflows This Month as Crypto Investors Turn Their Back on Bitcoin
Investors pivot to ether ETFs as Ethereum's impending Pectra upgrade is expected to bode well for cryptocurrency.
Ether Rally Turns Into Crypto Market Slide With Bitcoin Slipping Below $96K
Ether's brief run to $2,850 on Monday was due to a catch-up trade that could reverse later, one trader said.
Hong Kong Confirms Bitcoin, Ether Can Be Used to Prove Wealth for Investment Visa
Hong Kong's New Capital Investment Entrant Scheme, a visa targeting wealthy migrants, accepts crypto as a means to prove required net worth, a spokesperson confirms.
Ether Has Underperformed, but Total Value Locked on Ethereum Is Rising: Citi
Ether has dropped over 20% this year, but fundamentals are improving, the report said.
