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

Ethereum ETF Approval Could Spur 60% Rally as ETH Buying Increases

The forecast mirrors the market reaction after spot bitcoin ETFs were approved in January, QCP said.

(Giovanni Calia/Unsplash)

Markets

Bitcoin, Ether in Stasis as SEC ETF Decision Looms, Nvidia Hits Record High

There is a 90% probability the SEC will approve a spot ether ETF, one observer said, drawing attention to the narrowed discount in the Grayscale Ethereum Trust.

Technical analysis and derivatives point to a bullish undertone for bitcoin, ether. (poupoune05/Pixabay)

Finance

Ether Volatility Expected as Traders Flood Exchanges With $231M of ETH Amid ETF Hopes

The surge in deposits comes after a 22% rally in ether spurred by hopes of a spot ETF approval.

Ethereum net flows (CryptoQuant)

Markets

First Mover Americas: Bitcoin Hovers Around $70K After ETF Records Month-High Inflows

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

BTC price, FMA May 22 2024 (CoinDesk)

Markets

Ether Has 1 in 5 Chance of Tapping $5K by End-June, DeFi Options Protocol Lyra Says

Traders on Lyra have snapped up ether calls at the $5,000 strike and higher this week.

(AidanHowe/Pixabay)

Markets

Ether Market Cap Adds Close to an Entire Solana Blockchain in a Single Day

SOL is often cited as a contender to replace ETH eventually. This week's market action shows how Herculean the task would be.

Tug of War. (falco/Pixabay)

Policy

Cboe Publishes Amended Spot Ether ETF Filings as Industry Renews Approval Hopes

Cboe is the first exchange to publish its revised 19b-4 forms.

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Markets

Ether Rally Prompts Over $300 Million ETH Inflow to Crypto Exchanges: Nansen

The fast move likely signals short-term profit taking after ether's rapid 30% rally, one observer noted.

Bitcoin ETF net inflows approach $1B (Shutterstock)

Videos

Former SEC Senior Trial Counsel on Spot Ether ETF Approval Outlook

The U.S. Securities and Exchange Commission (SEC) asked aspiring ether exchange-traded fund exchanges to update key filings related to these products. Moses Singer Partner and former SEC Senior Trial Counsel, Howard A. Fischer breaks down what the request could mean for the application process.

Recent Videos

Markets

First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build

The latest price moves in crypto markets in context for May 21, 2024.

ETH price, FMA May 21 2024 (CoinDesk)