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's Implied Volatility Gauge Tops Ether for Record 20 Straight Days

The spread between dominant crypto options exchange Deribit's forward-looking 30-day implied volatility index for ether (ETH DVOL) and bitcoin (BTC DVOL) has been consistently negative since Sept. 7.

La volatilidad de bitcoin y ether está haciendo tambalear tanto a alcistas como bajistas. (Matt Hardy/Unsplash)

Markets

Ether Flashes Bullish 'DeMark' Signal, Technical Analysis Suggests

DeMark indicators help market participants gauge potential inflection points in market trends and are quite popular among traders.

Ether's price chart (CoinDesk/TradingView)

Markets

Crypto Traders Brace for Nearly $5B Bitcoin and Ether Options Expiry

Options are derivatives that give the purchaser the right to buy or sell the underlying at a pre-determined price at a later date. Quarterly options settlements are closely watched by traders.

Bitcoin options open interest by strike with max pain level. (Deribit)

Markets

Ether Prices to Stabilize as Options Market Makers Hedge Their Books, Analyst Says

Ether options dealers have built a net positive or long gamma exposure and are likely to buy low and sell high, arresting the price volatility ahead of next Friday's derivatives expiry.

Balancing (Michaela J/Unsplash)

Markets

Bitcoin Slides to $26.5K Amid Surging U.S. Dollar; Record-High Rates Are ‘Nightmare’ for Crypto Firms

The 10-year Treasury rate surging to a 16-year high and equity markets selling off could push BTC lower, one trading firm said.

BTC price on Sept. 21 (CoinDesk)

Finance

Binance Staked Ether Experiences $573M in Inflows This Month

Two days of inflows fueled a more than fourfold increase in Binance staked ether's total value locked.

Binance staked ether TVL (DefiLlama)

Markets

Crypto Whale Trades $150M in ETH Call Options, Trading Data Tracker Shows

The large flow was concentrated in the so-called out-of-the-money calls, indicating a bullish outlook on the second-largest cryptocurrency by market volume, according to Greeks.Live

(Todd Cravens/Unsplash)

Markets

Ether Trading at 27% Discount to Fair Value, New Research Shows

Research firm RxR's blended Metcalfe law-centric valuation model, incorporating active user adoption of layer 2 scaling networks, suggests ether should trade at a market value of $275 billion.

Ether (CoinDesk/Highcharts.com)

Tech

Ether Staking Landscape Gets Boost as SSV Mainnet Seeks to Dispel Centralization Concerns

The launch comes as the staking landscape is dominated by centralized staking providers, which together hold more than 70% of the staked ether (ETH) supply.

(Shubham Dhage/ Unsplash)

Tech

Lido’s Staked Ether Tokens Can Soon Be Used on Cosmos, IBC Blockchains

Lido is the leading provider of liquid-staking solutions and its staking token, stETH, has a $13.8 billion market capitalization.

Lending money handing over paying cash (Shutterstock)