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

Crypto Markets Today: Big Options Trade in Ether Market Would Profit from 69% Price Slide

ALSO: Bitcoin and ether traded up. Solana saw double-digit gains amid strong transactional activity.

(Dall-E/CoinDesk)

Videos

A Look Back at Crypto in 2022 by CoinDesk Research

Bitcoin (BTC) and ether (ETH) followed a blistering 2021 with a 65% and 67% pullback in 2022. CoinDesk Research Associate George Kaloudis discusses crypto's price actions in the past year and how the market performance difficulties impacted bitcoin mining companies. Plus, a look back at the significance of the Ethereum Merge to the network's development and a review of crypto regulations in 2022.

Recent Videos

Markets

The Ether Trade That Made the Most Noise Last Week

A so-called whale placed a large buy order for bearish put options tied to ether, seeking protection against an extended price slide to below $400 by the end of June.

Una orden de opciones bajistas de ether captó la atención de los participantes del mercado. (선인장 mustachescactus/Unsplash)

Markets

First Mover Asia: Bitcoin Eclipses $17K, Breaking Out of Three-Week Trading Range

Since mid-December, bitcoin had failed to finish a trading day (universal coordinated time or UTC basis) over $17,000, and now analysts wonder if the largest cryptocurrency has formed a market bottom after a horrendous 2022.

Bitcoin finally managed to break the $17,000 threshold after trading in the doldrums since mid-December. (Leo Reynolds/Creative Commons, modified by CoinDesk)

Markets

Crypto Markets Today: Huobi Tensions Sink Tron Token Price

ALSO: Bitcoin and ether traded up. Equities also rose after a strong U.S. jobs report.

Cartel del fundador de Tron, Justin Sun. (Danny Nelson/CoinDesk)

Markets

Bitcoin, Ether Options Market See Mixed Flow Ahead of US Jobs Report

Some traders have been buying downside protection in bitcoin and ether, while others are building strategies that profit from a big move in either direction, experts told CoinDesk.

(Lo Lo/Unsplash)

Markets

First Mover Asia: Bitcoin, Ether Continue Their Rapid Descent in Volatility

ALSO: The two largest cryptocurrencies by market volume held steady within the narrow ranges they've occupied since mid December.

BTC's price and volatility both fell August 4. (Jakob Owens/Unsplash)

Markets

First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data

ALSO: Japanese gaming company Square Enix’s commitment to invest in Web3 initiatives is rare in a country in which regulations about anything that seems like gambling are daunting.

(Unsplash)

Markets

Crypto Markets Today: Crypto Broker Genesis Asks for Clients’ Patience

ALSO: Bitcoin rose and most other, major cryptocurrencies spent much of Wednesday in the green.

(Getty Images)

Markets

Ether-Bitcoin Ratio on Bullish Path After Triangle Breakout, Trader Says

We could see a bears in disbelief rally in ether in coming weeks, Decentral Park's Lewis Harland said.

(Jazella/Pixabay)