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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 Could Run to $10,000 or Higher This Year on Numerous Catalysts: Bitwise
Bitcoin has already climbed to new all-time high while ether is lagging, but previous market cycles suggest change is coming.
Bitcoin Tops $68K, Nearing Silver's $1.38T Market Cap
Ether also hit a new milestone, recording its highest price since January 2022.
Liquid Restaking Protocol Ether.Fi Raises $23M Series A
The total amount of capital on ether.fi has jumped from $103 million to $1.66 billion since the turn of the year.
Falling Bitcoin-Ether Spread is Music to Altcoin Traders' Ears
The funding rate spread has collapsed, indicating increased appetite by traders to speculate further out on the risk curve.
Ether Demand Is Driven by U.S. Investors, Data Shows
Coinbase premiums for ether (ETH) tokens were higher than usual in the past week, suggesting demand was led by U.S. investors, CryptoQuant said.
Ether Tops Bitcoin as the Largest Crypto Asset for Institutions: Bybit Research
Ether is now the largest single asset held by institutions, with Bybit speculating that this may be because of a potential upward swing from the Dencun upgrade
Ether's Bitcoin Beating Rally Not Just Because of Potential ETF Approval: Bernstein
The amount of ether held on exchanges is at an all-time low of 11%, a sign that more of the cryptocurrency is being locked up for DeFi, the report said.
Bitcoin Tops $54K, May Run Towards $58K as Crypto Rally Resumes
Bitcoin could target $58,000 after the breakout, Swissblock analysts suggested.
Ether ETFs Unlikely to Cause a 'Bubble,' Traders Say
Interest in ether bets rose significantly after the approval of spot bitcoin ETFs in January sparked optimism among ETH traders.
Reddit Discloses Bitcoin and Ether Holdings in IPO Filing
The company also acquired ether and Polygon "as a form of payment for sales of certain virtual goods.”
