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

First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether

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

By Omkar GodboleAug 26, 2022

Coinbase's cbETH traded at a discount of around 8% to the spot price. (Kevin Mazur/Getty Images)

Markets

Large Ether Traders Position for Volatility Spike as Merge Draws Near

Block traders are buying ether strangles, which involves buying both bullish and bearish option contracts.

By Omkar GodboleAug 26, 2022

Traders de ether están comprando contratos de opciones tanto alcistas como bajistas antes de la fusión. (PublicDomainPictures/Pixabay)

Markets

First Mover Asia: A Bear Market Survival Strategy for Crypto Miners; Bitcoin, Ether Price Remains in Holding Pattern

Some miners are earning more by selling power capacity back to the grid than through mining bitcoin; crypto markets await Fed Chair Jerome Powell's Friday speech.

By James RubinAug 26, 2022

An Antminer bitcoin mining machine. (Carlos Becerra/Bloomberg via Getty Images)

Markets

Market Wrap: Bitcoin Price Barely Budges as Traders Await Powell Speech

Bitcoin traded sideways on Thursday as Fed officials speaking during the first day of the central bank’s Economic Symposium were circumspect about an interest rate hike in September.

By Helene Braun, Jimmy HeAug 25, 2022

Suspense ahead of Fed Chair Jerome Powell's speech Friday is growing among mainstream and crypto traders. (Scott Olson/Getty Images)

Markets

First Mover Americas: Bitcoin Gains Stall at $22K as Markets Await Powell at Jackson Hole

The latest price moves in crypto markets in context for Aug. 25, 2022.

By Lyllah Ledesma, Omkar GodboleAug 25, 2022

Fed Chairman Jerome Powell will speak Friday at the Fed's annual meeting here. (Robert Alexander/Getty Images)

Markets

Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious

Buying ether ahead of the Merge is likely an overextended play, one trader said.

By Shaurya MalwaAug 25, 2022

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Markets

First Mover Asia: Bear Market? Taxes? Crypto’s Allure in India Grows, KuCoin Survey Finds; Bitcoin Continues Holding Pattern Over $21K

A study by crypto exchange KuCoin found that 15% of the country’s population aged 18-60 held or had traded crypto in the past six months; ether trades sideways.

By Shaurya Malwa, James RubinAug 25, 2022

India (Kriangkrai Thitimakorn/Getty Images)

Markets

Market Wrap: Bitcoin Rises Slightly Along With Stocks

U.S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets.

By Helene Braun, Michael BellusciAug 24, 2022

Crypto assets and stocks rose slightly. (Nancy Hughes/Unsplash)

Markets

First Mover Americas: Ether Outperforms Bitcoin; CME BTC Futures Hit a Huge Discount to Spot Prices

The latest price moves in crypto markets in context for Aug. 24, 2022.

By Lyllah Ledesma, Omkar GodboleAug 24, 2022

Markets

Anomalous Ether Futures Pricing Condition Is Likely to Revert After the Merge

"The current state of backwardation reflects the general market view that ETH will fall following the Merge, but this could be short-lived," one observer said.

By Omkar GodboleAug 24, 2022