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.

Videos

Bitcoin Tumbles Following FTX’s Liquidity Crisis

Bitcoin (BTC) dipped 10% and ether (ETH) 17% in the past 24 hours as traders reacted to speculations around prominent exchange FTX’s liquidity issues. Defiance ETFs CEO, CIO, and co-founder Sylvia Jablonski discusses her outlook on the tumbling market.

Nov 9, 2022

Markets

First Mover Americas: FTX Fallout Heats Up

The latest price moves in crypto markets in context for Nov. 9, 2022.

By Jamie Crawley, Sage D. YoungNov 9, 2022

Former FTX CEO Sam Bankman-Fried (Jesse Hamilton/CoinDesk)

Markets

'Long' Crypto Traders Take on $700M in Losses as Markets Falls on FTX Contagion Fears

Crypto market capitalization fell 8.8% in the past 24 hours, data shows.

By Shaurya MalwaNov 9, 2022

Markets

First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%

Investors on Polymarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through.

By Sam Reynolds, James RubinNov 9, 2022

Founder and CEO of Binance, Changpeng Zhao, at a Rome appearance in 2022. (Antonio Masiello/Getty Images)

Markets

Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling

Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals.

By James Rubin, Glenn Williams Jr., Jocelyn YangNov 8, 2022

Markets

Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token

Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears the FTX-Alameda drama may bring another market-wide crash.

By Omkar GodboleNov 8, 2022

Bitcoin's price drops as FTT hits the lowest since February 2021. (Highcharts.com/CoinDesk)

Markets

First Mover Asia: A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling

During the past week, a number of exchange tokens have outperformed bitcoin, including OKX and CRO. FTT is not among them.

By Sam Reynolds, James RubinNov 8, 2022

Sam Bankman-Fried, CEO de FTX. (Jesse Hamilton/CoinDesk)

Markets

Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red

The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data.

By James Rubin, Glenn Williams Jr., Jocelyn YangNov 7, 2022

Ether has fallen below a key bull market trendline. (Eva Blue/Unsplash)

Markets

First Mover Americas: Binance Dumps FTT Tokens

The latest price moves in crypto markets in context for Nov. 7, 2022.

By Omkar Godbole, Jamie CrawleyNov 7, 2022

Binance CEO Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

Markets

First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash

Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

By James Rubin, Sam Reynolds, Bradley KeounNov 7, 2022