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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.
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.

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.

Cboe Publishes Amended Spot Ether ETF Filings as Industry Renews Approval Hopes
Cboe is the first exchange to publish its revised 19b-4 forms.

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.

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.

First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build
The latest price moves in crypto markets in context for May 21, 2024.

Fidelity Drops Staking Plans in Updated Ether ETF Filing
Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows.

Ether ETF Speculation Could Weigh on SOL, Wider Altcoin Market
Traders will not want to be short ETH while going through an ETF approval, one observer said.

Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.

Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
Exchanges are being asked to update 19b-4 filings on an accelerated basis by the U.S. Securities and Exchange Commission
