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

First Mover Asia: Is a ‘Sharp Move’ Around the Corner for Bitcoin and Ether?

ALSO: In his latest Money Reimagined column, CoinDesk Chief Content Officer Michael Casey ties the recent political and regulatory backlash toward the crypto industry to the alleged misdeeds of disgraced FTX CEO Sam Bankman-Fried. Will the current climate drive digital-asset innovation and leadership away from the U.S.?

(Shutterstock)

Markets

First Mover Asia: Bitcoin Is Flat, Ether in the Red, as a Long Weekend Begins

It's a battle of bulls versus bears as the market gets a grip on reality, says Brent Xu, CEO of DeFi lender Umee. ALSO: CoinDesk columnist Daniel Kuhn writes that Elon Musk had the crypto world's attention again this week, but whether he helps DOGE is questionable at best.

(Sebastian Huxley/Unsplash)

Markets

Crypto Investors Unmoved by Revised Jobless Data

Jobless claims beat expectations by an even wider margin than in the initial report, after a revision Thursday. Crypto investors largely ignored the change, although the increasing jobless figures bode well for the market.

(Midjourney/CoinDesk)

Markets

Ether Holds Near $1.9K as Shanghai Fork Approaches

ETH’s price slid 1.5% on Thursday, the day after reaching its nine-month high. The Ethereum upgrade is expected to occur April 12.

Ether's price chart showed the cryptocurrency retreated below $1,900 on Thursday. (CoinDesk)

Markets

First Mover Asia: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says

ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.

Grayscale's GBTC has lower liquidity than some rival bitcoin ETFs. (roegger/Pixabay)

Markets

Bitcoin, Ether Momentum Traveling Divergent Paths

Ether's price spike this week may be foreshadowing a continuation of this trend.

(Getty Images)

Markets

Ether Circles Above $1.9K as Shanghai Hard Fork Nears

Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.

Ethereum is due for a major software upgrade later this month. (DALL-E/CoinDesk)

Videos

Ether Hits Nine-Month High Ahead of Upcoming 'Shapella' Upgrade

Ether (ETH) jumped to a nine-month high on Wednesday as the Ethereum network's upcoming "Shapella" upgrade is prompting investors and traders to funnel capital to ether and to other staking-focused tokens. Victoria Bills, Banrion Capital Management Chief Investment Strategist, discusses her outlook for ether, saying, "we'll probably be seeing a lot more of that asset being traded."

Recent Videos

Markets

First Mover Americas: Ether Rising Ahead of Upgrade

The latest price moves in crypto markets in context for April 5, 2023.

Ether's 24-hour price chart

Markets

Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers

The 1 million instantly withdrawable ether has become a point of concern for the market.

Pressure (Efraimstochter/Pixabay)