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

SOL, BOME Trend on Social Media as Ether, Bitcoin Lag

Increased crowd chatter may be a sign of an impending retail investor frenzy.

Social media icons juxtaposed on a keyboard. (Anna/Pixabay)

Finance

Ether Could Be a Meaningful Earnings Driver for Coinbase, JPMorgan Says

The bank raised its price target for the crypto exchange to $150 from $95.

Coinbase CEO Brian Armstrong speaks at a political rally hosted by Stand With Crypto. (screenshot from Coinbase video)

Markets

First Mover Americas: Robinhood Shares Jump, Layer 2s Become Cheaper

The latest price moves in crypto markets in context for March 14, 2024.

Trading screen.

Tech

Ethereum Finalizes 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees

A key element of the upgrade is to enable a new place for storing data on Ethereum – referred to as "proto-danksharding," which gives room for a dedicated space on the blockchain that is separate from regular transactions, and comes at a lower cost.

Screenshot from Nethermind's Dencun watch party (Nethermind/YouTube)

Markets

First Mover Americas: Coinbase Plans $1B Bond Sale

The latest price moves in crypto markets in context for March 13, 2024.

Coinbase CEO Brian Armstrong (Coinbase)

Markets

Ether Could See Price Correction After Dencun Upgrade, QCP Capital Says

QCP's sentiment towards ether is cautiously optimistic, with concerns about potential corrections and the impact of leverage in the market.

(CoinDesk Indicies)

Tech

Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees

The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum.

Blocknative's Ethernow countdown to Dencun (Blocknative)

Markets

First Mover Americas: Ether Options Traders Prepare for Downside

The latest price moves in crypto markets in context for March 12, 2024.

A user examines prices on a mobile phone while looking at a graph on a laptop

Markets

Ether Put Demand Signals Weakness After $4K Price Breakout

By locking in the right to sell ETH at a specified price, options traders are preparing for short-term weakness after the cryptocurrency hit a two-year high.

(geralt/Pixabay)

Policy

UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market

Products would be available to professional investors while retail consumers remain banned, the regulator said.

(FCA)