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

More Than $1B Ether Staked on Ethereum 2.0

The total amount of Ethereum locked in Ethereum 2.0 has surpassed $1 billion since it went live.

By Muyao ShenDec 17, 2020

matthaeus/Unsplash, modified by CoinDesk

Markets

Market Wrap: Bitcoin Solidly Trades Above $20K; Ether Jumps on Positive BTC, CME’s New ETH Product

Bitcoin is now solidly above $20,000 and a short supply and rising demand could push the price higher.

By Muyao ShenDec 16, 2020

Bitcoin prices, Dec. 15 to Dec. 16, 2020.

Markets

CME Announces Ether Futures Contracts

The Chicago Mercantile Exchange (CME) announced Wednesday it will launch a futures contract on ether, the world's second-largest cryptocurrency by market value, in February.

By Omkar GodboleDec 16, 2020

CME Group Headquarters (CoinDesk Archives)

Markets

Market Wrap: Bitcoin Tests $19.5K; Ether Options Interest in Doldrums

Bitcoin continues to appreciate in price as ether options interest wanes after a hot November.

By Daniel CawreyDec 15, 2020

Markets

Market Wrap: Bitcoin Pushes Past $19.2K; Ether at 3% of BTC Price

Bitcoin is making gains after a strong volume weekend while ether’s percentage of BTC price shows it may have room to climb.

By Daniel CawreyDec 14, 2020

Markets

Market Wrap: Bitcoin Holding at $18K; Active Ethereum Addresses up 140% in 2020

Bitcoin’s price dipped below $18,000 for the third straight day while an increase in active Ethereum addresses is fundamentally positive.

By Daniel CawreyDec 11, 2020

Markets

This One Graph Shows Ether Going From CeFi to DeFi: Glassnode

Data indicates DeFi could take a huge bite out of CeFi when it comes to the ether cryptocurrency.

By Muyao ShenDec 11, 2020

Centralized exchanges get DeFi FOMO, as decentralized exchanges challenge their dominance in crypto trading.

Markets

Market Wrap: Bitcoin Briefly Slides Below $18K as ETH Is More Volatile Than BTC in 2020

Bitcoin slipped below $18,000 again Thursday as ether’s volatility in 2020 shows a different dynamic.

By Daniel CawreyDec 10, 2020

Markets

Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked

Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.

By Daniel CawreyDec 9, 2020