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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.
Could Bitcoin Become DeFi’s Collateral of Choice? Lombard Finance Says So
Lombard Finance aims to produce a yield-bearing bitcoin token, and potentially unleash a new wave of liquidity into the DeFi ecosystem.
Ethereum’s Ether Headed to $5K as Activity, Institutional Demand Grows
“According to ETH’s realized price—the average price at which holders purchased their ETH—the current upper limit for ETH’s price stands around $5.2k,” CryptoQuant said.
Ether Hits $4,000 as Coinbase Premium and Ethereum Active Addresses Surge
ETH surpassed the level for the first time since March.
U.S. Ether ETFs Post Record Inflows, Bitcoin ETFs Add Most in Two Weeks
The investment interest comes after ether added about 60% in a month.
Ether Rises 8% Amid Slumping Bitcoin Dominance
Fed Chair Jerome Powell said bitcoin is competing against gold, not the U.S. dollar, in an appearance on Wednesday.
Ethereum Transaction Revenue Has Surged Since Trump Election Victory: Steno Research
The jump has led to higher staking rewards and more ether being burned through transaction fees, the report said.
Ether's Risk-Reward Is Attractive, Bernstein Says
The world's second largest cryptocurrency may begin to outperform given the recent inflection in ETF inflows, the report said.
Ethereum ETFs Inflow Streak Sets Up ETH for New Lifetime Highs, Traders Say
“Given that ETH has lagged behind BTC and SOL in the current rally, its recent strength supports the case for it to retest its all-time high,” QCP Capital said.
First Mover Americas: BTC Returns to Near $94K
The latest price moves in crypto markets in context for November 27, 2024.
