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

Bitcoin Slips Under $62K as Hong Kong ETFs Disappoint

Asia's first spot bitcoin and ether ETFs debuted in Hong Kong with dismal trading volumes.

By Omkar GodboleApr 30, 2024

BTC's price. (CoinDesk/TradingView)

Markets

Hong Kong Bitcoin and Ether ETFs Have Soft Debut

The volume of crypto exchange-traded funds came in at just over $11 million.

By Sam ReynoldsApr 30, 2024

Hong Kong harbor skyline view into Kowloon

Markets

First Mover Americas: Bitcoin, Ether Sink Amid U.S. Stagflation Fears

The latest price moves in crypto markets in context for April 29, 2024.

By Jamie Crawley, Omkar GodboleApr 29, 2024

BTC Price FMA April 29 (CoinDesk)

Markets

First Mover Americas: Bitcoin Holds Stable as ETF Outflows Increase

The latest price moves in crypto markets in context for April 26, 2024.

By Lyllah Ledesma, Omkar GodboleApr 26, 2024

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Markets

First Mover Americas: Bitcoin Drops Below $64K, Ether Falls

The latest price moves in crypto markets in context for April 25, 2024.

By Lyllah Ledesma, Omkar GodboleApr 25, 2024

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Markets

First Mover Americas: Hedera's HBAR Soars on Mistaken BlackRock Link

The latest price moves in crypto markets in context for April 24, 2024.

By Lyllah Ledesma, Omkar GodboleApr 24, 2024

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Markets

Ether ETFs Are Unlikely to Be Approved in May: Standard Chartered

The bank reiterated its year-end bitcoin and ether targets of $150,000 and $8,000, respectively.

By Will CannyApr 23, 2024

SEC headquarters in Washington, D.C. (Nikhilesh De/CoinDesk)

Markets

First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return

The latest price moves in crypto markets in context for April 23, 2024.

By Lyllah Ledesma, Omkar GodboleApr 23, 2024

(Ronlug/Shutterstock)

Markets

First Mover Americas: Bitcoin Layer 2s Have Their Moment

The latest price moves in crypto markets in context for April 22, 2024.

By Lyllah Ledesma, Omkar GodboleApr 22, 2024

Trading screen.

Markets

First Mover Americas: Bitcoin Price Bounces as Halving Nears

The latest price moves in crypto markets in context for April 19, 2024.

By Lyllah Ledesma, Omkar GodboleApr 19, 2024

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