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 Clings to $16K Ahead of Fed Minutes

Bitcoin was steady, around $16,300, as traders anticipated the release of the Federal Reserve meeting minutes later Wednesday.

By Jocelyn YangNov 23, 2022

Bitcoin's price chart shows a price jump ahead of the release of the Federal Reserve meeting minutes on Wednesday. (CoinDesk)

Videos

Bitcoin Holds Firm Over $16K After Dipping to 2-Year Low This Week

Bitcoin (BTC) is regaining its footing above $16,000 after dipping to a two-year low earlier in the week. Fairlead Strategies founder and Managing Partner Katie Stockton discusses her outlook for BTC and whether it could outperform ether (ETH) in the near future.

Nov 23, 2022

Markets

First Mover Asia: Bitcoin Holds Firm Over $16K After Tracking Stocks Upward

ALSO: James Rubin writes that Changpeng Zhao and Elon Musk, among others, have spoken freely when discussing the fallout from crypto's rapidly expanding crises and the individuals behind them. But they haven't always been consistent.

By James RubinNov 23, 2022

A tightrope walker balances on a wire between two rocky outcrops as the sun sets.(Shutterstock)

Markets

Market Wrap: FTX Was Sam Bankman-Fried’s 'Personal Fiefdom,' Lawyers Said

The CoinDesk Market Index, bitcoin and ether were all in the green.

By Jocelyn YangNov 22, 2022

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Markets

Bitcoin Regains $16K, But Analysts Are Still Bearish

The cryptocurrency has rebounded after it hit a two-year low in the past 24 hours, although one analyst said $12,500 is possible by year end.

By Jocelyn YangNov 22, 2022

Screen-Shot-2022-11-22-at-1.42.45-PM-CDCROP.jpg

Markets

Bitcoin tendrá mejor rendimiento que ether en los próximos meses, según una analista

La proporción entre bitcoin y ether superó su media móvil de 50 días, lo que confirma un quiebre alcista.

By Omkar GodboleNov 22, 2022

Es probable que bitcoin tenga mejor rendimiento que ether en los próximos días, según una analista técnica. (nevesf/Pixabay)

Markets

Bitcoin to Outperform Ether in Coming Months, Chart Analyst Says

The bitcoin-ether ratio has topped its 50-day moving average, confirming a bullish breakout.

By Omkar GodboleNov 22, 2022

Markets

First Mover Asia: Bitcoin Falls to 2-Year Low on Renewed Contagion Fears

ALSO: Singapore's central bank is under scrutiny over whether Sam Bankman-Fried's FTX exchange received favorable regulatory treatment, Sam Reynolds writes.

By Bradley Keoun, Sam ReynoldsNov 22, 2022