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

Bernstein: Bitcoin’s Correlation With Other Tokens Will Weaken as Its Dominance Declines

The BTC to ETH market cap ratio has fallen to around 1.9 from as high as 20 in 2016, the report said.

By Will CannySep 7, 2022

Markets

Staked Ether Price Discount Widens to Most Since June Ahead of Ethereum Merge

The discount in Lido's staked ether is widening, perhaps due to holders switching to ETH ahead of the Merge.

By Omkar GodboleSep 7, 2022

Lido's staked ether (stETH) token is trading at a 5% discount to ether's price. (Dune Analytics)

Markets

Ether, ADA Lead Steep Crypto Slide Amid Dollar Strength

Some analysts said impending monetary tightening could add to a global rout across major asset classes such as equities and crypto.

By Shaurya MalwaSep 7, 2022

GMX tokens are serving as a proxy bet for Arbitrum investors. (Jason Briscoe/Unsplash)

Markets

First Mover Asia: Binance’s USDC Swap Out Isn’t What You Think It Is; What's Behind Bitcoin's Late Dive?

The exchange is hoping to generate one big pool for USD stablecoins to be used for trading and powered by Binance’s USD stablecoin; bitcoin drops below $19K.

By Sam Reynolds, James RubinSep 7, 2022

Markets

Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins

The largest cryptocurrency by market capitalization was down more than 4% over the past 24 hours.

By Glenn Williams Jr., Jocelyn YangSep 6, 2022

Ether shows more price movement than bitcoin. (Towfiqu Barbhuiya/Unsplash)

Finance

Siete tendencias que podrían despertar nuevamente el crecimiento cripto

Bernstein, una compañía de inversiones, enumeró sus ideas comenzando con el merge de Ethereum.

By Will CannySep 6, 2022

Bernstein spells out what it believes could be catalysts for the next bull market in crypto. (Kameleon007/Getty Images)

Markets

First Mover Americas: Ether Outshines Bitcoin as Ethereum Merge Nears

The latest price moves in crypto markets in context for Sept. 6, 2022.

By Lyllah Ledesma, Shaurya Malwa, Omkar GodboleSep 6, 2022

ETH was up 7% over the last 24 hours, outperforming BTC. (Chris Gorman/Getty Images)

Finance

7 Trends That Could Reignite Crypto Growth

Bernstein, an investment firm, lists its ideas, starting with the Ethereum blockchain's Merge.

By Will CannySep 6, 2022

Markets

DeFi Giant Aave Stops Loaning Ether Ahead of the Merge

The Aave community is worried that users may increasingly borrow ether ahead of the Merge, exposing the protocol to liquidity issues and injecting volatility into Lido's staked ether market.

By Omkar GodboleSep 6, 2022

DeFi giant Aave stops ether borrowing. (Broesis/Pixabay)

Markets

First Mover Asia: Ethereum's Merge Starts to Hit Gaming Chip Prices

Prices for graphics processing units for personal computers are tumbling ahead of the Ethereum blockchain's upcoming shift, which is already reducing demand for chips from cryptocurrency miners.

By Sam Reynolds, Bradley KeounSep 5, 2022