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

Ethereum Merge Vaults Cryptocurrency Past Bitcoin in Hard-Money Allure

Ether’s drastic reduction in the net inflation rate is attributed to the elimination of mining rewards and the “burning” of transaction fees, experts said.

By Jocelyn YangSep 28, 2022

Besides reducing energy consumption, ether is also proving to be more inflation resistant. (Timon Studler/Unsplash)

Markets

First Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach Blockchain

The largest crypto by market capitalization had spiked over $20,000 in morning trading.

By James Rubin, Xinyi LuoSep 28, 2022

(Shutterstock)

Markets

Market Wrap: Bitcoin Takes Investors on a Wild Ride

Prices shoot higher intraday on high volume, only to reverse course later in the day.

By Glenn Williams Jr., Jocelyn YangSep 27, 2022

Bitcoin jumps early before going lower. (Jordan Heinrichs/Unsplash)

Markets

First Mover Americas: Bitcoin Regains $20K, Bucking the Swoon in Stocks

The latest price moves in crypto markets in context for Sept. 27, 2022.

By Lyllah Ledesma, Omkar GodboleSep 27, 2022

(Midjourney/CoinDesk)

Markets

First Mover Asia: Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub

More than 7,000 people representing over 2,000 companies are scheduled to attend; Hong Kong plays catch-up. Bitcoin trades over $19,00 again.

By Sam Reynolds, James RubinSep 27, 2022

Singapore's skyline (Shutterstock)

Markets

Market Wrap: Bitcoin Pushes Higher as Traditional Markets Decline

Fear of a global recession impact equities and fiat currencies.

By Glenn Williams Jr., Jocelyn YangSep 26, 2022

(Midjourney/CoinDesk)

Markets

First Mover Americas: Bitcoin Up Slightly After Hitting Weekend Lows on Recession Fears

The latest price moves in crypto markets in context for Sept. 26, 2022.

By Lyllah LedesmaSep 26, 2022

Higher interest rates and energy shortages have triggered concerns over a potential global recession (Getty Images)

Markets

First Mover Asia: Bitcoin Sticks Near $19K; the Most ‘Profitable’ Mining GPU Makes You Back Your Money in 3 Years

Ether and other major cryptos spend much of the weekend in the red to close a turbulent week.

By James Rubin, Sam ReynoldsSep 26, 2022

Bitcoin's price stuck close to $19K (Getty Images)

Markets

Market Wrap: Bitcoin Drops Below $19K Amid Ongoing Volatility

Macroeconomic uncertainty continues to hobble crypto prices.

By Glenn Williams Jr., Jocelyn YangSep 23, 2022

(Midjourney/CoinDesk)

Markets

First Mover Americas: Bitcoin Hanging Tough as Stocks Slide

The latest price moves in crypto markets in context for Sept. 23, 2022.

By Omkar Godbole, Bradley KeounSep 23, 2022

Bitcoin is hanging tough under rough market conditions. (Stephanie Cook/Unsplash)
of 286

Latest Crypto News

Today
2:11 AM
Negative
Gold tops $5,000 as bitcoin stalls near $87,000 in widening macro-crypto split: Asia Morning Briefing
Bitcoin’s onchain data points to supply overhang and weak participation, while gold’s breakout is priced by markets as a durable macro regime shift.
Yesterday
7:00 PM
Positive
Solana’s new phase is ‘much more about finance,’ says Backpack CEO Armani Ferrante
The Solana ecosystem has spent the past year doubling down on a financial infrastructure, Backpack CEO Armani Ferrante told CoinDesk.
5:48 PM
Negative
Bitcoin slips below $88,000 amid government shutdown risk and ahead of Fed's first rate decision of the year
Bitcoin and major tokens weakened Sunday as markets positioned ahead of the Federal Reserve’s next rate decision and a heavy slate of Magnificent Seven earnings.

Newsletters

Newsletter thumbnail
CoinDesk Headlines
The biggest crypto news and ideas of the day.
Preview
By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy.