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 Tear Suggests It's FOMO Time Again

Fear of missing out, or FOMO, ahead of the halving, along with strength in stocks despite bad economic data, appear to be driving bitcoin’s ascent.

By Daniel CawreyApr 29, 2020

Markets

Market Wrap: Bitcoin Edges Up to $7.7K as Mining Power Rebounds

Bitcoin’s price is on the upswing, and so is the computing power securing the network as a once-in-four-years event known as the halving approaches.

By Daniel CawreyApr 28, 2020

Markets

Market Wrap: Ether Up 50% in 2020, Hits $200 on Sunday

Year to date, the native token of the Ethereum network’s 50 percent rally trounced bitcoin’s 7 percent gains.

By Daniel CawreyApr 27, 2020

Markets

First Mover: Ether Trounces Bitcoin as Network Sees Surge in Stablecoins

Ether is up more than 50 percent this year, outpacing bitcoin. Is this year's surge in stablecoin issuance playing a role?

By Bradley Keoun, Omkar GodboleApr 27, 2020

FIRST-MOVER-APRIL-27-2020-CHART-2-image-2

Markets

Ether Futures Activity Grows Ahead of July Protocol Upgrade

A new BitMEX contract and soaring Bitfinex long positions suggest increased interest ahead of ETH 2.0.

By Zack VoellApr 26, 2020

Markets

Market Wrap: Bitcoin Steady at $7.5K as Short Sellers Back Off

Bitcoin traded sideways Friday, staying around $7,500. However, it regained its March losses and is showing upward momentum.

By Daniel CawreyApr 24, 2020

Markets

Market Wrap: Bitcoin Gains as Futures Dance the Contango

Bitcoin futures premiums have jumped into "contango" levels, a bullish signal.

By Daniel CawreyApr 23, 2020

Markets

Market Wrap: Oil Rebounds As Crypto Makes Gains, Especially Ether

Oil’s bounceback performance seems to be taking the driver’s seat in market activity. Bitcoin is also up, and ether’s price performance is even better.

By Daniel CawreyApr 22, 2020