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

Bitcoin Dominance Hits Fresh 30-Month High as Ether, Altcoins Lag in Rally

Bitcoin's bullish momentum could prove a harbinger of an altcoin rally, one analyst noted.

Bitcoin Dominance Rate (TradingView)

Markets

Ether Could Continue to Underperform Bitcoin as U.S. Bond Market 'Dis-Inversion' Resumes

The spread between yields on 10-year and three-month Treasury notes has resumed the recovery toward zero. Ether has a strong inverse correlation with the yield spread than bitcoin.

El mercado bajista y la caída en el volumen de trading pesan sobre Coinbase. (Olen Gandy, Unsplash)

Videos

Ethereum Validator Queue Has Nearly Cleared Out, Signaling Weak Staking Demand

Ethereum’s once-crowded queue for new validators on the blockchain has almost completely cleared out, which could suggest a slowdown in the growth of staked ether (ETH). CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Tech

FTX Bankruptcy Estate Stakes $150M SOL and ETH as Sam Bankman-Fried's Trial Continues

Addresses tied to the bankrupt crypto exchange controlled by a creditors’ group have apparently staked the tokens to earn yield, blockchain data suggests.

(Charles Hoffmeyer)

Markets

Ether Drops 1.9% to 7-Month Low as Crypto Buckles Further Following Inflation Data

Risk-off sentiment hit markets as a slightly hotter-than-expected inflation reading boosted U.S. Treasury rates and the dollar.

ETH price on Oct. 12 (CoinDesk)

Markets

Ether Could Hit $8K by End of 2026: Standard Chartered

Emerging uses for the Ethereum network in gaming and tokenization are among the drivers of what could be a 5X gain in ether's price over the next three years, said the bank.

(Lieve Ransijn/ Unsplash)

Markets

Bitcoin Hovers Above $27,000 as U.S. Stocks Advance

Meanwhile, bitcoin's dominance continues to climb.

BTC price today (CoinDesk)

Markets

Ether-Bitcoin Ratio Drops to 15-Month Low as ETFs Fail to Uplift Sentiment

The ratio has declined nearly 30% since Ethereum's Merge upgrade in September 2022.

Ether-Bitcoin ratio (TradingView/CoinDesk)

Markets

Bitcoin, Ether Options Order Books Signal Calm Amid Mounting Risks

The bid-ask ratio in bitcoin and ether options markets leans below one, signaling a bias for volatility selling, one observer said.

trading prices monitor screen

Markets

Ether Slides as Ethereum Foundation Swaps $2.7M ETH on Uniswap

The Foundation periodically sells tokens to cover costs, creating a temporary sell-off event in markets.

Ether slid as Ethereum Foundation sold $2.7 million ether. (Pezibear/Pixabay)