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's Price Up 12% Since the Halving

Bitcoin has seen double-digit gains in price since the halving. Institutional investors doing more trading in crypto options on CME is a sign of continued interest.

By Daniel CawreyMay 14, 2020

Markets

Market Wrap: Some Miners Face an Uncertain Future Despite Rising Bitcoin Price

A slowly rising bitcoin price might not help some miners run profitable operations now that the halving is in the past.

By Daniel CawreyMay 13, 2020

Markets

Many Ether Whales Might Be Leaving for Bitcoin: Data

The seven-day average of the number of unique addresses holding 10,000 ethers or more fell to 1,050 on Tuesday. That's the lowest level since January 2019.

By Omkar GodboleMay 13, 2020

Markets

Market Wrap: Bitcoin's Price Is Rising Despite a Dull Halving

Based on the rise of daily active bitcoin addresses, the highest number since 2018, interest could continue now that the halving is complete.

By Daniel CawreyMay 12, 2020

Markets

Market Wrap: Where Does Bitcoin Go After the Halving?

With the highly anticipated bitcoin halving reducing new mining supply, what are crypto traders thinking about upcoming market behavior?

By Daniel CawreyMay 11, 2020

Markets

ErisX Announces Launch of First US Ether Futures Contracts

ErisX is launching physically settled ether futures contracts, it announced Monday.

By Nikhilesh DeMay 11, 2020

ErisX CEO Thomas Chippas (Credit: CoinDesk archives)

Markets

Market Wrap: Bitcoin at $9.9K as Halving Chatter Increases

Bitcoin’s price keeps gaining as people increasingly talk about the halving - but the event’s potential after-effects may be considered an afterthought for many investors.

By Daniel CawreyMay 7, 2020

Markets

Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving

The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving.

By Daniel CawreyMay 6, 2020

Markets

Market Wrap: Bitcoin Volatility Higher Than S&P 500 Again but Lower Than Oil

Bitcoin volatility has risen a bit, higher than the S&P 500 ahead of its expected halving next week - but it’s nowhere close to the rocky ride oil has been on.

By Daniel CawreyMay 5, 2020