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

First Mover Americas: BTC Dominance Increases, Binance to Re-Enter India

The latest price moves in crypto markets in context for April 18, 2024.

By Lyllah Ledesma, Omkar GodboleApr 18, 2024

A trading chart on a computer. (Pexels/Pixabay)

Markets

Bitcoin Tumbles Below $60K, Ether Under $3K; Correction Not Over, Says Strategist

Large bitcoin investors haven't started to buy the dip yet, suggesting that the correction may continue for a while, an LMAX Group strategist noted.

By Krisztian SandorApr 17, 2024

Bitcoin (BTC) price on April 17 (CoinDesk)

Markets

First Mover Americas: BTC Post-Halving – Remember the Macroeconomy: Goldman Sachs

The latest price moves in crypto markets in context for April 17, 2024.

By Lyllah Ledesma, Omkar GodboleApr 17, 2024

Markets

Ether Options Show Bias for Weakness Over 3 Months

Ether's 90-day puts are more expensive than calls on Deribit for the first time since January, according to Amberdata.

By Omkar GodboleApr 17, 2024

Computer monitors and a laptop screen show trading charts on a desk overlooking an expanse of water at sunset. (sergeitokmakov/Pixabay)

Markets

First Mover Americas: BTC Below $62.5K While Altcoins Wipe Gains

The latest price moves in crypto markets in context for April 16, 2024.

By Lyllah Ledesma, Omkar GodboleApr 16, 2024

Markets

Bitcoin Dips Below $62.5K as CoinDesk's BTC Trend Indicator Turns Neutral

CoinDesk Indices' Bitcoin Trend Indicator has been indicating a strong uptrend since last fall.

By Sam ReynoldsApr 16, 2024

Markets

Ether, Altcoins Remain Under Pressure Following Volatile Weekend

Bitcoin has also given up some of its early Monday bounce, returning down to the $64,000 level.

By Lyllah LedesmaApr 15, 2024

Markets

First Mover Americas: Hong Kong Spot Bitcoin ETF Applicants Claim Approval

The latest price moves in crypto markets in context for April 15, 2024.

By Lyllah Ledesma, Omkar GodboleApr 15, 2024

Markets

First Mover Americas: BTC Holds Stable at $70K

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

By Lyllah Ledesma, Omkar GodboleApr 12, 2024

Tech

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone's data oracles, which are used to pass information between blockchains and the outside world.

By Margaux NijkerkApr 12, 2024