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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.
Selling on Rise? Crypto Whale Transfers $42.8M ETH to Binance
Roughly 18 hours ago, a so-called whale transferred 12,000 ETH worth $42.8 million to Binance, according to Lookonchain.
Bitcoin Tops $67K on Dovish Fed Remarks; Ether Rebounds From SEC Fears, DOGE Soars
Fed policymakers maintained their outlook for three rate cuts by the end of the year, alleviating market concern of a more hawkish stance.
Ether Tumbles 6% as ETH ETF Hopes Dim Amid Regulatory Probe Reports
CoinDesk reported Wednesday that the Ethereum Foundation faces a confidential inquiry, and Fortune said the SEC is examining whether ETH is a security.
First Mover Americas: BTC's Drop Below $62K Is the Biggest Single-Day Loss Since FTX’s Collapse
The latest price moves in crypto markets in context for March 20, 2024.
First Mover Americas: Bitcoin Slumps, Liquidations Surge
The latest price moves in crypto markets in context for March 19, 2024.
Standard Chartered Raises Year-End BTC Forecast to $150K, Sees 2025 High of $250K
The bank also predicted that approval of an ether ETF could be expected on May 23, leading to as much as $45 billion of inflows in the first 12 months and ETH climbing to $8,000 by the end of 2024.
SOL, BOME Trend on Social Media as Ether, Bitcoin Lag
Increased crowd chatter may be a sign of an impending retail investor frenzy.
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.
First Mover Americas: Robinhood Shares Jump, Layer 2s Become Cheaper
The latest price moves in crypto markets in context for March 14, 2024.
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.
