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: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend

After two days of sell-offs, bitcoin bulls finally returned.

By Muyao ShenMar 26, 2021

Markets

Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry

“This is a time to make sure that you have some dry powder and are not overextended,” said one trader.

By Muyao ShenMar 25, 2021

Markets

Market Wrap: Bitcoin Near $56K, Struggles With Flat Activity on Exchanges

As of March 21, there were fewer than 2.44 million BTC available on exchanges, the lowest amount since August 2018.

By Muyao ShenMar 22, 2021

Markets

Market Wrap: Bitcoin Near $59K as Worries on Bond Yields Increase

Price charts also are sending signals the oldest cryptocurrency might be losing steam.

By Muyao ShenMar 19, 2021

Markets

This Ether Options Play by Institutions Has Lottery Ticket Potential

A pair of wildly speculative options trades on cryptocurrency trading network Paradigm has analysts’ tongues wagging.

By Omkar GodboleMar 19, 2021

Markets

Market Wrap: Bitcoin Near $58K on Fed Pledge to Keep Loose Policy

Bitcoin's price has doubled this year, partly because of demand from institutional investors who are looking for an asset that might hold its worth if the dollar’s purchasing power declines.

By Muyao ShenMar 17, 2021

Markets

For the Daring but Lazy, a New DeFi Product Simplifies Leveraged ETH Bets

Leverage has been a killer use case for DeFi from the start. But rarely has making such big wagers required so little work.

By Brady DaleMar 17, 2021

Markets

Market Wrap: Bitcoin Stuck Near $56K, Ether Faces Short-Term Sell Pressure

Prices settled in the mid-$50,000 range for the most of Tuesday.

By Muyao ShenMar 16, 2021

Markets

Market Wrap: Bitcoin Choppy Around $56K, Early Pullback Appears Cooling

Bitcoin on Monday suffered its biggest single-day price decline in more than two weeks, after the fizzing of a retail trader-driven rally over the weekend.

By Muyao ShenMar 15, 2021