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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.
Bitcoin, Ether on Track for Strongest Weekly Gains Since March
Crypto prices have risen sharply since BlackRock’s filing for a spot bitcoin ETF. Of the 149 assets in the CoinDesk Market Indices (CMI), 144 rose during the week.
First Mover Asia: Bitcoin Surge May 'Not Be the Beginning of the End of the Bear Market,' Analyst Says
ALSO: CoinDesk Senior Research Analyst George Kaloudis offers a straightforward explanation of why BlackRock and other financial services giants want to offer a spot bitcoin ETF.
Stablecoin Movement May Hint Strongly at Asset Prices' Path Forward
A recent increase in stablecoin flows to exchanges may signal an increase in bullish sentiment
Bitcoin Bobbles, Then Returns to Perch Above $30.1K as Investors Weigh ETF Prospects, Macroeconomic Data
A hawkish Bank of England rate hike and the latest U.S. jobless claims stirred markets little. A crypto executive writes that approval of a spot bitcoin ETF is “almost certain.”
Tron Founder Justin Sun Unstakes $30M of Ether from Lido, Sends Tokens to Huobi
Crypto wallets linked to Sun still hold some $543 million in Lido’s stETH token, according to Arkham Intelligence data.
Bitcoin’s Ferocious ETF-Fueled Rally Puts Ether at Weakest Price Versus BTC in 2 Months
The largest cryptocurrency by market cap has benefited from rising investor optimism following multiple filings for spot bitcoin ETFs and its omission from tokens listed in SEC lawsuits earlier this month.
First Mover Asia: Bitcoin Holds Firm Above $30.1K as Investors Relish BlackRock, Other Spot BTC ETF Filings
ALSO: Crypto may be enduring "a crisis of confidence," but the recent filings for spot bitcoin ETFs by large institutional investors is a promising sign, said an eToro analyst.
‘BlackRock Pivot’ Continues, as Bitcoin Rises on Increased Volume
The successful approval of BlackRock’s ETF application could be a seminal moment in the history of cryptocurrencies
First Mover Asia: Bitcoin Has Its Eyes on $30K Amid Steadfast Institutional Interest
ALSO: Smart contracts crypto lending platform Aave has continued its year-to-date momentum this month. The version 3 (v3) blockchain’s total value locked (TVL) has surged 15% in June to $1.76 billion, data from blockchain analytics firm DefiLlama shows.
Crypto Exchange EDX Markets Sets Up Shop With Bitcoin and Ether Offerings
EDX Markets, which has funding from financial heavyweights including Charles Schwab (SCHW), Citadel Securities and Fidelity Digital Assets, announced it launched its digital asset market on Tuesday. Products traded on EDX will include bitcoin, ether, litecoin, and bitcoin cash.
