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

Ether Funding Rates Revert to Normal Days After Successful Merge

A popular trade drove up funding rates to lifetime highs for ether futures.

By Shaurya MalwaSep 21, 2022

Funding rates on ether futures return to normal days after merge (Pixabay)

Markets

First Mover Asia: Bitcoin Flutters Around $19K; SEC Case Against Crypto Promoter Ian Balina Faces One Big Problem

Balina is charged with conducting an unregistered securities offering in 2018 for his SPRK ICO token, but proving that the Ethereum network should be subject to U.S. securities law will be difficult; cryptos largely decline.

By James Rubin, Sam ReynoldsSep 20, 2022

Bitcoin fluttered around $19,000. (Getty Images)

Markets

Market Wrap: Markets Wait for Fed to Officially Announce What It Has Signaled for Weeks

Absent a huge surprise, markets are expecting interest rates to increase by 75 basis points.

By Glenn Williams Jr., Jocelyn YangSep 20, 2022

Markets

Neudata and CoinDesk Indices Discuss Crypto Data and Digital Assets

Jodie Gunzberg, managing director of CoinDesk Indices, and Neudata's Nicholas Neary discuss the emerging crypto data sector.

By CoinDesk IndicesSep 20, 2022

Markets

First Mover Americas: Bitcoin Traders Await Fed, Cosmos Is Heating Up

The latest price moves in crypto markets in context for Sept. 20, 2022.

By Bradley Keoun, Omkar GodboleSep 20, 2022

ATOM has risen 10% to about $15.30 since Thursday. (Andrew Valdivia/Unsplash)

Markets

First Mover Asia: Where in the World Is Do Kwon? Terra Co-Founder’s Absence Highlights the Complications of Extradition; Cryptos Climb Ahead of FOMC

Kwon, who is no longer in Singapore, says he is not "on the run," although Korean authorities have asked Interpol to issue a "red notice" requesting his arrest; Taiwan is an unlikely hideout.

By James Rubin, Sam ReynoldsSep 20, 2022

Do Kwon's whereabouts are unknown, although many countries have extradition treaties (Getty Images)

Markets

Market Wrap: Bitcoin Regains $19K and Ether Rises as FOMC Meeting Nears

Both assets are likely to remain in a tight trading range, at least until the Federal Reserve announces its latest interest rate hike or some other catalyst appears.

By Glenn Williams Jr., Jocelyn YangSep 19, 2022

Federal Reserve Chair Jerome Powell will speak at a press conference after this week's FOMC meeting. (Federal Reserve via Wikimedia Commons)

Markets

First Mover Americas: Bitcoin Drops to 3-Month Low as Crypto Traders Turn to Fed

The latest price moves in crypto markets in context for Sept. 19, 2022.

By Bradley Keoun, Omkar GodboleSep 19, 2022

Bitcoin is at its lowest level in three-months (Sergio Silva/Unsplash)

Markets

As Ether, Bitcoin Wilt, Trading Firms Blame Lack of Bullish Catalyst for Market Swoon

ETH deposits to exchanges have yet to pull back, one observer noted. Investors began moving coins to exchanges ahead of last Thursday's Ethereum Merge.

By Omkar GodboleSep 19, 2022

Ether cae por debajo de US$1300 mientras el entusiasmo por la fusión se desvanece. (Fuente: CoinDesk, Highcharts.com)

Markets

First Mover Asia: Cryptos Slide in Weekend Trading; Did Ethereum Pick the Wrong Time to Merge?

Ether sinks to its lowest level since July; bitcoin falls below $19.5K.

By Sam Reynolds, James RubinSep 19, 2022

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