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.

Mga video

Ether Sees Strongest Bull Momentum in 3 Years

Data tracked by trading platform TradingView shows that ether’s (ETH) momentum indicator, which measures the rate of change in prices over 10 days, has jumped to $880, the highest since May 2021. This comes as traders anticipate the potential spot ether ETF approval in the U.S. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

May 23, 2024

Merkado

Bitcoin Drops Below $68K, Ether Slumps in Sudden Crypto Sell-Off as ETH ETF Decision Looms

The sell-off was broad-based, with DOGE, SHIB, AVAX, LINK diving more than 4% in less than an hour.

Ni Krisztian SandorMay 23, 2024

Bitcoin (BTC) price on May 23 (CoinDesk)

Merkado

First Mover Americas: BTC, ETH Consolidate Ahead of Ether ETF Decision

The latest price moves in crypto markets in context for May 23, 2024.

Ni Jamie Crawley, Omkar GodboleMay 23, 2024

Merkado

Ether Spot ETF Approval Would Raise Expectations Solana Could Also Be Classified as a Commodity: Bernstein

Ether spot ETF approval would set a precedent as the first non-bitcoin digital asset to be considered a commodity, raising expectations that solana could follow the same path, the report said.

Ni Will CannyMay 23, 2024

Ether Spot ETF Approval Would Raise Expectations That Solana Could Also be Classified a Commodity: Bernstein

Merkado

Ether Sees Strongest Bull Momentum in 3 Years as ETF Deadline Nears

Ether's price jumped 18% in six days on mounting speculation the U.S. SEC will approve a spot ETH exchange-traded fund (ETF). Some traders expect it to hit $5,000 by the end of June.

Ni Omkar GodboleMay 23, 2024

Merkado

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.

Ni Shaurya MalwaMay 23, 2024

Merkado

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.

Ni Omkar GodboleMay 23, 2024

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

Pananalapi

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.

Ni Oliver KnightMay 22, 2024

Merkado

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.

Ni Jamie Crawley, Omkar GodboleMay 22, 2024

Merkado

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.

Ni Omkar GodboleMay 22, 2024