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.


Finance

Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token

The rebalancing comes as ether rallies off a successful Shapella upgrade.

(Unsplash)

Videos

Ether Steals the Show After Shanghai Upgrade, Tops $2.1K

Ether continues outperforming bitcoin following the Ethereum network’s Shanghai upgrade, which has proven bullish for much of the cryptocurrency market. Dexterity Capital Managing Partner Michael Safai discusses the recent rally in ETH and BTC. Plus, insights on the recent uptrend in altcoins.

CoinDesk placeholder image

Markets

Ether Options Trading Volume Surpasses Bitcoin as Shanghai Upgrade Drives Demand for Bullish Bets

The traditional use of options is to hedge risks, but sometimes traders use them to generate asymmetric payout.

El volumen de trading de las opciones de ether superó al de bitcoin. (Laevitas)

Tech

Yearn's Staked Ether Token yETH Gets Mixed Results on Govenance Poll

The non-binding poll seeks to do a temperature check of sentiment toward launching yETH.

(DALL-E/CoinDesk)

Markets

First Mover Asia: Ether Climbs Over $2.1K to Further Its Post-Ethereum Shanghai Upgrade Surge

Bitcoin has also continued its more moderately-paced momentum, inching toward $31K. ALSO: CoinDesk columnist considers Shapella's immediate and potential long-term impact.

BTC climbed above $23,000 and the Crypto Greed & Fear Index moved from "extreme fear" to "fear." (Patrick Hendry/Unsplash)

Markets

Ether’s Post-Shanghai Rally Knocks Bitcoin Dominance From 21-Month High

ETH’s share of the total crypto market capitalization rose to a one-month high, according to TradingView data.

BTC and ETH trade higher on moderate volume to begin the week. (DALLE-E/Coindesk)

Markets

Ether Price Swings Upward After Ethereum Upgrade, but What About the Future?

The price increase addresses the question of whether ether would rise or fall following the completion of the hard fork.

(Unsplash)

Markets

Ether Jumps Above $2K a Day After Ethereum Shanghai Upgrade

The token was up more than 5%. Institutional investors remain in wait-and-see mode, says one analyst.

Ether's price chart (CoinDesk)

Tech

Ethereum Unstaking Requests Pile Up After Shanghai Upgrade, Now at 2-Week Wait

Validators looking to fully exit the chain could be looking at a wait of up to 14 days to get their crypto back, according to Rated Network's explorer.

Traffic (Creative Commons)

Markets

Ether Tops $2K After Shanghai Upgrade, Outshines Bitcoin

We are seeing a sell the rumor buy the fact redux, one observer said, explaining ether's post-Shanghai upgrade rally.

Ether's price (CoinDesk)