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

Ethereum Hard Fork Sends Price Jumping as Fees Start to Burn

Crypto traders have been hotly anticipating the upgrade while monitoring the deployment for signs of how the changes might affect the pace of new issuance of ether.

By Lyllah LedesmaAug 5, 2021

The London hard fork is one of the biggest upgrades in the Ethereum blockchain's six-year history.

Markets

Bitcoin Again Falters at $40K as Ether Retreats From Two-Month High

Ether has rallied almost 60% in two weeks.

By Omkar GodboleAug 5, 2021

Markets

Market Wrap: Bitcoin and Ether Rise on Bullish Sentiment

Bulls returned to defend short-term support in bitcoin and ether.

By Damanick Dantes, Frances YueAug 4, 2021

Bitcoin 24-hour price chart, CoinDesk 20

Videos

Ethereum Upgrade Closely Watched, India Launches E-Rupi Voucher

Investors keep a close watch on Ethereum’s London upgrade. India launches e-RUPI digital payment vouchers, and Australia’s Coinjar partners with Mastercard to launch a crypto card. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”

Aug 4, 2021

Videos

The Future of Ether as London Hard Fork Nears

Lex Sokolin, Global Fintech Co-Head of leading Ethereum software company ConsenSys, explains the details and implications of the supposedly bullish London hard fork on the Ethereum blockchain, an upgrade scheduled to activate Thursday that aims to curb ether’s supply growth over time and burn a portion of fees paid to miners.

Aug 4, 2021

Finance

Ethereum and DeFi, Not Bitcoin, Boosting Genesis' Lending

Despite a bearish market, Genesis’ second quarter was the firm’s largest quarter to date in terms of originations.

By Cheyenne LigonAug 4, 2021

Genesis CEO Michael Moro speaks at Invest: Asia 2019.

Markets

Analysts Take Cautious Stance on Ether as London Hard Fork Nears

"The EIP-1559 upgrade is overrated," one trader said.

By Omkar GodboleAug 4, 2021

Ethereum's London hard fork will burn ether to reduce supply.

Markets

Market Wrap: Bitcoin in Pullback Mode as Regulatory Concerns Rise

Bitcoin is declining as regulatory concerns rise; ether is holding support.

By Damanick Dantes, Frances YueAug 3, 2021

Videos

Ethereum 2.0 Sees High Deposit Rate as London Hard Fork Looms

Ether (ETH) notched a 12-day winning streak Monday, the longest ever, in the runup to a planned upgrade on Ethereum’s blockchain that aims to improve the so-called gas fees and limit the supply of the token. CoinDesk Technology Managing Editor Christie Harkin digs into the so-called London hard fork upgrade and what it means for the crypto markets.

Aug 3, 2021