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

What to Expect From Ethereum's Merge Event

Ethereum’s long-awaited transition from a proof-of-work to proof-of-stake consensus system is near, but current ether miners will be left with much less useful hardware after the merge, CoinDesk's David Morris said. "The Hash" team discusses the forthcoming transition and what it means for miners, the Ethereum community and wider crypto ecosystem.

Aug 4, 2022

Markets

First Mover Americas: Bitcoin Unaffected by Bank of England's Super-Size Interest-Rate Hike

The latest price moves in crypto markets in context for Aug. 4, 2022.

By Lyllah Ledesma, Omkar GodboleAug 4, 2022

The Bank of England raised key interest rates by half a percentage point, and yet BTC appears to be unaffected. (KS KYUNG/Unsplash)

Markets

CME to Roll Out Euro-Denominated Bitcoin and Ether Futures on Aug. 29

The launch of the contracts could accelerate the ongoing institutionalization of the crypto market.

By Omkar GodboleAug 4, 2022

The Chicago Mercantile Exchange will soon offer euro-denominated bitcoin and ether futures contracts. (Source: 12019/Pixabay)

Markets

First Mover Asia: Bitcoin Extends Losing Streak as Pelosi Taiwan Trip Passes Without Incident

ALSO: Solana's SOL token slides after wallet hack and Sam Reynolds provides an on-the-ground assessment of U.S. House of Representatives Speaker Nancy Pelosi's Taiwan trip.

By Sam Reynolds, Helene Braun, Bradley KeounAug 3, 2022

Taipei, Taiwan, skyline. (Creative Commons, modified by CoinDesk)

Markets

Market Wrap: Bitcoin Reverses Course, Pushes Higher, $21K Is ‘Point of Control’

News of an exploit on the Solana platform appears not to have affected BTC's price.

By Glenn Williams Jr., Jimmy HeAug 3, 2022

Trading above $23,000, BTC is in positive territory after five consecutive negative days. (Ozark Drones/Unsplash)

Markets

First Mover Americas: Crypto Market Trades in the Green Despite Hacks

The latest price moves in crypto markets in context for Aug. 3, 2022.

By Lyllah Ledesma, Omkar GodboleAug 3, 2022

Even with multiple hacks this week, the crypto market traded mostly in the green on Wednesday morning. (Nicholas Stanley/Unsplash)

Markets

First Mover Asia: Fed Fears and Pelosi Taiwan Trip Reverse Bitcoin's Recent Gains

The mood in crypto markets had turned sunnier last week, but now any bright hopes for a strong rally are fading. PLUS: The NFT market just isn't what it used to be.

By Sam Reynolds, Helene Braun, Bradley KeounAug 2, 2022

Markets

Market Wrap: Bitcoin Wavers in Narrow Range as Cryptos Trade Weaker

Investors appear uncertain on market direction.

By Glenn Williams Jr., Jimmy HeAug 2, 2022

Videos

Bitcoin, Ether Slip as Risk Sentiment Wanes Amid Pelosi’s Taiwan Visit

The crypto market wilted as geopolitical tensions zapped investor risk appetite and excitement around Ethereum’s merge began to deflate. As Ether overtook the options market for the first time, Quantfury Head of Markets Daniel Muvdi predicts that ether has the potential to eventually “flip bitcoin in market cap.”

Aug 2, 2022