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 Asia: When Crypto Rebuilds After This Cold Winter, Firms Like Three Arrows Capital Won't Have a Place; Bitcoin Sinks Toward $20K

The crypto hedge fund, which has been one of the industry’s most prolific investors in new protocols and is also a large borrower, is facing $400 million in liquidations on its positions; ether drops 13%.

By Sam Reynolds, Shaurya MalwaJun 17, 2022

Markets

First Mover Asia: Celsius Risks Triggered Crypto Crash, Says Huobi Group CFO; Bitcoin Wobbles but Doesn't Break Post-Rate Hike

Lily Zhang told CoinDesk the lending platform's problems were ill-timed following the collapse of the terraUSD stablecoin, and crypto prices could decline further; major altcoins regain ground.

By Shaurya Malwa, James RubinJun 16, 2022

Celsius' problems triggered the latest crypto prices crash, says a Huobi senior executive. (Malte Mueller/Getty Images)

Markets

First Mover Asia: Traders See Bitcoin Falling to 2017 Levels Amid Ongoing Inflation, Economic Concerns; Cryptos Struggle

The largest digital asset by market cap could dip below $20,000 in the near future and is unlikely to rebound until macroeconomic conditions improve; bitcoin and ether are down in Tuesday trading.

By Shaurya Malwa, James RubinJun 15, 2022

The bear market in crypto continued, but better times don't seem so long ago.(Johnny Johnson/Getty Images)

Markets

Se registran liquidaciones cripto por más de $1000 millones a medida que bitcoin y ether pierden su nivel de soporte

Bitcoin perdió el nivel de $25.000, mientras que ether cayó brevemente a casi $1200.

By Shaurya MalwaJun 14, 2022

Markets

Morgan Stanley Says Ether Underperformance Echoes Crypto Downturn of 2018

Expectations of higher Fed interest rates are weighing on crypto prices, the bank's analysts said.

By Will CannyJun 14, 2022

Markets

First Mover Asia: What Analysts Are Saying After Crypto Lender Celsius Paused Withdrawals; BTC Drops Below $23K

Some observers of digital asset markets criticized the move but others said that Celsius could be protecting user funds; ether plummets 17%.

By Shaurya Malwa, James RubinJun 14, 2022

Analysts responded differently to Celsius' announcement. (CoinDesk archives)

Markets

First Mover Americas: Bitcoin, Ether Plunge Anew as Celsius Halts Withdrawals

The latest moves in crypto markets in context for June 13, 2022.

By Bradley Keoun, Parikshit Mishra, Shaurya Malwa, Oliver Knight, Nikhilesh DeJun 13, 2022

Finance

Goldman Sachs Executes Its First Trade of Ether-Linked Derivative: Report

London-based Marex Financial was the counterparty for the trade.

By Parikshit MishraJun 13, 2022

Markets

First Mover Asia: Bitcoin Tumbles Below $27K Amid Heightening Inflation Concerns

Ether and other major altcoins underperformed BTC over the weekend as investors continued to steer away from riskier assets; Is there a case for inflation?

By James RubinJun 13, 2022

Bitcoin and other cryptos fell. (David Pu'u/Getty Images)

Videos

Why VanEck CEO is ‘Focused on Ether’ Over Bitcoin Right Now

VanEck CEO Jan van Eck discusses his outlook on the crypto market, as May CPI shows an increase of 8.6% year-over-year. He also explains why he’s more focused on ether (ETH) over bitcoin (BTC).

Jun 11, 2022