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.

Tech

Ethereum Developers Target March 14 Date for Shanghai Upgrade on Goerli Testnet

The event will be the last “Shapella” dress rehearsal for Ethereum’s upcoming hard fork.

By Margaux NijkerkMar 2, 2023

Ethereum is getting closer to its Shanghai software update. (Getty Images)

Markets

First Mover Americas: Bitcoin Falls to Below $23.5K

The latest price moves in crypto markets in context for March 2, 2023.

By Lyllah LedesmaMar 2, 2023

Los traders inicialmente subieron los precios de xmon para obtener un airdrop de sudo, el token de gobernanza de SudoSwap. (Getty Images)

Markets

First Mover Asia: ConsenSys Chief Cryptoeconomist Sees Little Drama Ahead for Bitcoin

ALSO: In an appearance on CoinDesk TV, Tron founder Justin Sun discussed Huobi's potential unveiling of a new Hong Kong exchange, and said the city's evolving approach to digital asset licensing could shift attitudes in mainland China.

By James Rubin, Fran VelasquezMar 2, 2023

Bitcoin options traders are betting the market waters will stay calm.

Markets

Bitcoin Holds Strong Over $23.6K to Continue Recent Consolidation

DeFi giant Maker’s MKR token surged nearly 19%. Equities turned mixed amid ongoing investor worries about inflation.

By Jocelyn YangMar 2, 2023

Markets

Bitcoin, Ether Settle Into a Range as Indicators Point Neutral

Bitcoin and ether’s rapid price acceleration to start 2023 has leveled off as investors worry about potential crypto regulation, inflation and the economy.

By Glenn Williams Jr.Mar 1, 2023

Markets

Bernstein Sees 'Cautious' Ether Price Until Shanghai Upgrade

The firm noted that investors are worried about a "supply overhang."

By Will CannyMar 1, 2023

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

Markets

Crypto Market February Roundup: Bitcoin Layer 2 Protocol Stacks, Ethereum Staking Derivative Tokens Surge

Stacks’ STX token was the biggest winner among 160 assets in the CoinDesk Market Index, soaring 216% during the month.

By Jocelyn YangMar 1, 2023

Besides reducing energy consumption, ether is also proving to be more inflation resistant. (Timon Studler/Unsplash)

Markets

First Mover Asia: NFTs Have a ‘Digital First Sale’ Problem

ALSO: Short interest is rising on China tokens while bitcoin treads water just above $23,000.

By Sam ReynoldsMar 1, 2023

Videos

Voyager Digital Sends $121M in Crypto to Exchanges, Sells Ether, Shiba Inu Holdings

Voyager Digital has been selling off its cryptocurrency holdings at a fast rate, according to blockchain intelligence firm Arkham Intelligence. The embattled crypto broker platform transferred $121 million of crypto assets to exchanges and sold its ether (ETH), shiba inu (SHIB) and Chainlink’s LINK holdings. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses Voyager Digital's latest bankruptcy developments.

Feb 28, 2023

Finance

Non-Custodial Liquid Staking Platform Ether.Fi Closes $5.3M Fundraise

The round was co-led by North Island Ventures, Chapter One and Node Capital and included participation from BitMex founder Arthur Hayes.

By Sam ReynoldsFeb 28, 2023