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

Open Positions in Ether ‘Calls’ Hits 1 Million Mark as Traders Pile Onto Higher Strike Options

Open interest in ETH call options, or bullish bets, is twice more than that in puts.

By Omkar GodboleNov 9, 2021

ETH open interest in calls and puts (Laevitas)

Markets

Bitcoin Soars Past $68K for the First Time as Ether Also Sets Record High

The total market capitalization of all cryptocurrencies neared a milestone of $3 trillion.

By Muyao ShenNov 9, 2021

Space rocket launch earth spaceship moon.Space exploration program freight carrier vehicle. Elements of this image furnished by NASA.

Markets

First Mover Asia: Bitcoin Hits Record High of Over $67.5K; Ether Also Sets New Mark

Indicators suggest that bitcoin, the largest cryptocurrency by market capitalization, is headed at least initially toward the $86K resistance level.

By Muyao Shen, Damanick DantesNov 8, 2021

Close-up of horns on a black bull against a dark background. (Coindesk archives)

Markets

Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates

The cryptocurrency is rising along with stocks, although some analysts expect the rally could fade next year.

By Damanick Dantes, Helene BraunNov 8, 2021

For now, era of low rates benefit risk assets (Shutterstock)

Markets

Bitcoin supera los $66.000 y reanuda su tendencia alcista mientras caen los rendimientos de bonos reales

La criptomoneda podría enfrentarse a cierta presión de venta en torno a los $70.000, según un operador.

By Eliza Gkritsi, Omkar GodboleNov 8, 2021

El bitcoin supera los $66.000 y busca un récord (Coinbase)

Videos

FTX.US CEO on Total Crypto Market Cap Topping $3T as Bitcoin Breaks $66K, Ether Hits All-Time High

As bitcoin breached $66,000 and ether hit another new all-time high of $4,700, the overall market cap of all cryptocurrencies topped $3 trillion Monday. Still, bitcoin’s dominance continues to decline. Brett Harrison, president of crypto exchange FTX.US, discusses his crypto market update and outlook and shares insights into stablecoin regulation.

Nov 8, 2021

Markets

Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide

The cryptocurrency may face some selling pressure around $70,000, one trader said.

By Eliza Gkritsi, Omkar GodboleNov 8, 2021

Markets

Market Wrap: Analysts See Further Upside in Ether as Bitcoin Stalls

BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.

By Damanick DantesNov 4, 2021

ETH/BTC price ratio chart (Damanick Dantes/CoinDesk, TradingView)

Videos

Impact of Fed's Tapering Decision on Crypto Markets

Ether hit a fresh all-time high Wednesday surging past $4,600 on the heels of a Federal Reserve announcement saying it will begin tapering bond purchases later this month. Head of Business Development at global crypto trading platform AscendEX Shane Molidor discusses the potential factors driving ether's price higher. Plus, insights into AscendEX's latest $50 million Series B round.

Nov 4, 2021