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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 Surges to 7-Month High, Outshines Bitcoin on BlackRock ETF Plans; Altcoins Plunge
Bitcoin hit an 18-month high near $38,000 before pulling back sharply.
Wild Bitcoin, Ether Price Swings Spur $400M of Crypto Liquidations, the Most Since August
BTC and ETH both surged to milestone levels amid bitcoin ETF optimism, but some shorts and longs got badly burned.
Coinbase, Ether Liquid Staking Tokens Lido, RocketPool Surge on BlackRock ETH ETF News
The iShares Ethereum Trust was registered as a corporate entity in the state of Delaware earlier Thursday.
Ether Could Hit $3,000 as Soaring Network Activity Turns Token Deflationary
The Ethereum blockchain settled $250 billion of transactions last week, the highest since mid-March, underpinning ether's bullish outlook.
Crypto Funds See $767M Six-Week Inflow, Best Since 2021 Bull Market: CoinShares
Bitcoin funds attracted most of the demand, while ether funds saw their largest inflows since August 2022.
Bitcoin and Ether Options Activity Soars to Historic Highs of $20B Amid ETF Hype
Options worth $4.5 billion are set to expire on Friday, Deribit told CoinDesk.
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.
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.
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."
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.
