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

Market Wrap: Ether Outperforms Bitcoin as Traders Look to Altcoins

Analysts see strong fundamentals for alternative cryptocurrencies.

By Damanick Dantes, Tracy WangOct 14, 2021

Videos

Bitcoin Approaching Resistance Near $58K; Support at $50K

Bitcoin and ether continue to rise, with BTC now surpassing $57,000, although the wider crypto markets are seeing slower momentum. Kapil Rathi, co-founder and CEO of institutional trading firm CrossTower, discusses the macro trends he’s continuing to watch, including regulation, China’s crypto crackdown and institutional adoption.

Oct 11, 2021

Markets

Market Wrap: Bitcoin Ends Week Notching 14% Gain

The largest cryptocurrency by market capitalization also surpassed $1 trillion again this week.

By Tracy WangOct 8, 2021

SEC Chair Gary Gensler (Evelyn Hockstein-Pool/Getty Images)

Markets

Market Wrap: Bitcoin Dominance Rises as Altcoins Underperform

Bitcoin is outperforming on hopes of a U.S. ETF approval.

By Damanick Dantes, Tracy WangOct 6, 2021

Markets

Market Wrap: Cryptocurrencies Rally as Short Sellers Exit Positions

The upturn comes despite regulatory risks.

By Damanick Dantes, Tracy WangOct 1, 2021

Markets

Analysts Turn Negative on Ether as Weekly Chart Tips Bearish

Some price-chart readers see the potential for a steep drop in the next few weeks.

By Omkar GodboleSep 27, 2021

Ether's daily and weekly charts showing bearish indicators. (TradingView/CoinDesk)

Markets

Market Wrap: Bitcoin Stabilizes After China Crypto Ban Sell-Off; Volatility to Remain Elevated

Cryptocurrency trading has calmed, but analysts expect further volatility.

By Damanick Dantes, Tracy WangSep 25, 2021

Videos

Time’s NFT Launch Sends Gas Fees Spiraling

Time magazine launched a new NFT collection dubbed "TIMEPieces" Thursday, offering "unlimited access" to its website through 2023. All 4,676 tokens, each priced at 0.1 ETH tied to digital artworks, were sold in minutes. But the sale also clogged the Ethereum blockchain, with buyers spending almost four times as much on transaction fees as they did on the NFTs themselves. "The Hash" hosts react, discussing the implications for a historic American institution getting involved in the NFT space.

Sep 24, 2021

Finance

Institutional Investors Preferring Ether Over Bitcoin Now: JPMorgan

The spread between futures prices and spot prices for the two cryptos is telling, analysts wrote.

By Nelson WangSep 23, 2021

Finance

Brazilian Investment Bank BTG Pactual Launches Crypto Platform

Mynt, which will be available in the last quarter of 2021, will initially allow exposure to bitcoin and ether.

By Andrés EnglerSep 20, 2021