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.

Ether

Merkado

First Mover Asia: Expect Bitcoin to Hit $25.2K Soon: Strategist

ALSO: Bitcoin needs a compelling narrative to break from its current range, but that likely will not occur until next year, says the CEO of Web3 bond-market platform Umee.

Ni Sam Reynolds, James RubinMay 11, 2023

Deutsche Bank's survey of retail investors see bitcoin (BTC) price dropping below $20K by year-end (Meg Boulden/Unsplash)

Merkado

Bitcoin Roller Coaster Ride Wednesday Underlines Its Vulnerability but Also Its Resilience

Bitcoin and ether rose on mildly favorable inflation data, sank amid rumors of a U.S. government sell-off of BTC and then climbed again as investors shrugged off the tumult.

Ni Glenn Williams Jr.May 10, 2023

(Chris De Tempe/Unsplash)

Merkado

Bitcoin Dips Below $27K, Reversing Post-CPI Rally

The BTC/USD trading pair on Coinbase was trading as low as $26,800 before regaining some ground.

Ni Jocelyn YangMay 10, 2023

Red arrows pointing down falling drop (Getty Images)
Mga video

Technical Indicators Suggest Short-Term Bearish Bias on Ether: Analyst

Fairlead Strategies founder and managing partner Katie Stockton shares her technical analysis of ether (ETH) following the Shapella upgrade. Plus, Stockton discusses ether's support and resistance levels and why ether could "somewhat outperform bitcoin" in the long term.

May 10, 2023

CoinDesk placeholder image

Merkado

First Mover Asia: Bitcoin Ticks Up as Congestion Wanes and Investors Ponder the Next Price Spur

ALSO: SAM Bankman-Fried's motion to dismiss most charges against him raises questions about the reach of the Commodities Exchange Act.

Ni Sam ReynoldsMay 10, 2023

(Getty Images)

Merkado

Bitcoin Moves Sideways at $27.5K as Investors Await CPI Inflation Reading

Equities slid. Investors will be watching Wednesday's release of the April Consumer Price Index for clues about the Federal Reserve's next monetary policy decision.

Ni Jocelyn YangMay 9, 2023

(Getty Images)

Merkado

Bitcoin, Ether Slide for 4th Consecutive Day, While Altcoin Trading Volume Spikes

While the two largest cryptocurrencies trade near recent levels of support, lesser known altcoins trade at twice their average volume.

Ni Glenn Williams Jr.May 9, 2023

BTC and ETH prices continued to slide. (Karsten Winegeart/Unsplash)

Tech

Ether Staking Deposits Top Withdrawals for First Time Since Shapella Upgrade

The divergence comes amid a meme coin frenzy that has pushed up fees on the Ethereum blockchain.

Ni Shaurya MalwaMay 9, 2023

(Markus Winkler/Unsplash, modified by CoinDesk)

Merkado

First Mover Asia: Binance Congestion Chaos Weighs Heavy on Bitcoin

ALSO: A crypto market analyst calls bitcoin's travails of the past two days "growing pains," and says the largest crypto by market cap "will be fine in the long run."

Ni Sam Reynolds, James RubinMay 9, 2023

(Shutterstock)

Merkado

Long-Term Bitcoin Holders Add to Their Holdings, Even as Prices Retrace

As longer term bitcoin supply increases, the CoinDesk Bitcoin Trend Indicator (BTI) shows a market in uptrend, despite recent price declines.

Ni Glenn Williams Jr.May 8, 2023

(Jeppe Hove Jensen/Unsplash)
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