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.

Ether

Markets

Bitcoin Dips Below $50K as Investors Flee Risk Assets

Ether slumped by the most since May 2021.

By Parikshit MishraAug 5, 2024

Man with his head down on his laptop facing the Agony of Defeat (Getty Images)

Markets

Crypto Futures Record $1B in Liquidations as Bitcoin Nosedives, Ether Slumps Most Since 2021

A sentiment index that tracks crypto markets changed to “fear” early Monday as ETH recorded its worst single-day drop since May 2021.

By Shaurya MalwaAug 5, 2024

A boy standing on diving board. (Photo and Co/Getty Images)

Markets

Ether Slides 20% as Trading Firm Moves $46M in ETH

A wallet supposedly associated with Jump Trading moved 17,576 ETH to centralized exchanges, according to Spot On Chain.

By Omkar GodboleAug 5, 2024

(CoinDesk Indices)

Markets

Bitcoin Tumbles to $53K, Ether Turns Negative for 2024 as Panic Grips Markets

Japan's Nikkei fell more than another 6% early Monday, bringing that index's three-day decline to about 15%.

By Stephen AlpherAug 5, 2024

(H. Armstrong Roberts/ClassicStock/Getty Images)

Markets

First Mover Americas: BTC Warnings Finger Drop to $55K

The latest price moves in crypto markets in context for Aug. 2, 2024.

By Jamie Crawley, Omkar GodboleAug 2, 2024

BTC price, FMA Aug 2 2024 (CoinDesk)

Markets

First Mover Americas: Crypto Markets Reel on Geopolitical Risk

The latest price moves in crypto markets in context for Aug. 1, 2024.

By Jamie Crawley, Omkar GodboleAug 1, 2024

BTC price, FMA Aug 1 2024 (CoinDesk)

Markets

First Mover Americas: Crypto Market Stabilizes After Nursing Losses

The latest price moves in crypto markets in context for July 31, 2024.

By Jamie Crawley, Omkar GodboleJul 31, 2024

XRP price, FMA July 31 2024 (CoinDesk)

Markets

Nvidia Becoming More Volatile Than Bitcoin and Ether

Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.

By Omkar GodboleJul 31, 2024

BTC's unimpressive bounce. (TheDigitalArtist/Pixabay)

Markets

First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms

The latest price moves in crypto markets in context for July 30, 2024.

By Jamie CrawleyJul 30, 2024

BTC price, FMA July 30 2024 (CoinDesk)

Markets

Ether ETFs Saw $340M of Negative Outflows in Their First Week

More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products.

By Krisztian SandorJul 29, 2024

outflows (Unsplash)
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