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.


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As Prices Consolidate in Spot Markets, Asset Managers Increase Long Positions in Derivative Markets

The Commitment of Traders Report indicates asset managers’ continued bullishness in bitcoin markets.

(Getty Images)

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Whale Drives Ether-Bitcoin Volatility Spread Lower Ahead of Options Expiry

The spread has flipped negative with consistent institutional selling of ether calls. Some of these positions could be rolled over ahead of Friday's expiry, leading to captivating shifts in volatility, crypto exchange Deribit said.

(Wance Paleri/Unsplash)

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First Mover Asia: Bitcoin Could Experience Price Turbulence as $30K Is Tested

ALSO: Venture capitalists and others have abandoned blockchain for the seemingly greener pastures of AI, but they may be falling for the hype of a technology that has yet to prove itself substantially.

Bitcoin daily chart (CoinDesk)

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Bitcoin Holds Above $30K as Investors Await Historically Strong July, Eye Options Expiry

BTC has gained at least 20% in July in each of the past three years. Depending on its price heading into the expiry, bitcoin could rally additionally or retreat.

Bitcoin weekly chart (CoinDesk Indices)

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First Mover Asia: Bitcoin Opens the Week Above $30K Amid Rising Investor Optimism

ALSO: Ripple Asia's policy lead praises Japan’s crypto laws that favor consumer protection. Rahul Advani said that the country has created "a very clear taxonomy for digital assets."

Bitcoin daily chart. (CoinDesk Indices)

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Coinbase Loses Market Share in Ether Staking as Regulatory Pressure Mounts

The exchange’s share in ETH staking dropped to 9.7%, the lowest since May 2021. The SEC sued the company in June for offering unregistered securities.

Coinbase's Base blockchain has gone live (Chesnot/Getty Images)

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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.

(Sean Benesh/Unsplash)

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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.

Bitcoin weekly chart. (CoinDesk Indices)

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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

Coinwire-Japan (Unsplash)

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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.”

Bitcoin daily chart. (CoinDesk Indices)