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

Assured Spot Ether ETF Approval Fails to Stir Slumping Crypto Market

SEC Chair Gary Gensler said he expected the new vehicles to have won full regulatory approval by the end of the summer.

By Stephen Alpher, Krisztian SandorJun 13, 2024, 12:07 p.m. ET

Markets

First Mover Americas: Bitcoin Holds $67K, CRV Slides

The latest price moves in crypto markets in context for June 13, 2024.

By Jamie Crawley, Omkar GodboleJun 13, 2024, 8:02 a.m. ET

Markets

First Mover Americas: Bitcoin Stabilizes Amid Further ETF Outflows

The latest price moves in crypto markets in context for June 12, 2024.

By Jamie Crawley, Omkar GodboleJun 12, 2024, 8:00 a.m. ET

Markets

First Mover Americas: Bitcoin Falls Below $67K as ETFs' Inflows Streak Ends

The latest price moves in crypto markets in context for June 11, 2024.

By Jamie Crawley, Omkar GodboleJun 11, 2024, 8:01 a.m. ET

Markets

First Mover Americas: Bitcoin Little Changed After Liquidation Rout

The latest price moves in crypto markets in context for June 10, 2024.

By Jamie Crawley, Omkar GodboleJun 10, 2024, 8:01 a.m. ET

Markets

Payrolls-Led Bitcoin, Ether Price Swoon Is 'Buy the Dip' Opportunity, Crypto Trading Firm Says

Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said.

By Omkar GodboleJun 10, 2024, 4:21 a.m. ET

Markets

Bitcoin, Ether Little Changed Over Weekend After $400M Liquidation Rout

The week ahead could boost market volatility with the CPI release on Wednesday, the FOMC meeting on Thursday, and a speech from Janet Yellen on Friday, one firm said.

By Shaurya MalwaJun 10, 2024, 4:12 a.m. ET