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

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

Markets

Crypto Traders Worried About Liquidity Thinning in Bitcoin and Ether

Liquidity conditions in BTC and ETH markets are at their worst level since the collapse of Terra in May 2022

By Omkar GodboleFeb 28, 2023

Thin liquidity has traders worried about sudden bitcoin price volatility. (m./unsplash)

Tech

Second Ethereum Testnet Successfully Simulates Shanghai Hard Fork

The Sepolia testnet was able to successfully process staked ETH withdrawals. There is one more test on the Goerli testnet that is planned before Shanghai goes live.

By Margaux NijkerkFeb 28, 2023

Markets

First Mover Asia: Bitcoin Stays Rooted Near $23.5K

ALSO: Sam Reynolds writes about the complicated relationship between layer 1 blockchain Coinflux’s CFX token and China and asks if it has triple-digit growth potential.

By Sam Reynolds, James RubinFeb 28, 2023

Videos

Testnet Goerli Ether Climbs as Traders Jump on Opportunity Meant for Developers

Goerli ether's (gETH) price skyrocketed to over $1.60 during the weekend, rising from 7 cents Friday to reaching a market capitalization of as much as $15 million. "The Hash" panel discusses the catalysts behind the price spike and why some developers see this as the "start of the end" of Goerli testnet.

Feb 27, 2023