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.

Videos

Institutional Traders are Bullish on Bitcoin: Bybit Research

Institutional traders are bullish on bitcoin, mixed on ether and skeptical of altcoins, a new report from Bybit Research shows. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Dec 5, 2023

Markets

Early Ether Investor Moves Nearly $90M ETH to Kraken

Moving to an exchange could suggest the investor is likely to sell the asset for stablecoins or other tokens.

By Shaurya MalwaDec 5, 2023

Markets

Institutional Traders Split Between Bitcoin, Ether: Bybit Research

Numbers from the exchange show institutional traders largely ignored alternative cryptocurrencies in favor of perceived "safe" assets.

By Sam ReynoldsDec 4, 2023

Markets

NFT Prices Are Still Lagging Behind Ether's Gains

Ether is up 70% year-to-date, but NFT indexes are still down 16% in dollar terms and 50% when denominated in ether.

By Sam ReynoldsNov 30, 2023

Lemon NFT collection. (Lemon OpenSea Website)

Markets

CME-Listed Bitcoin, Ether Futures Flash a Rare Bullish Signal

The rare signal indicates that institutions have long exposure but not via spot, one observer said.

By Omkar GodboleNov 28, 2023

A user tracks charts on an tablet with a keyboard and larger monitor in the background.

Markets

Bitcoin Buffeted Then Bounces on Binance/U.S. Settlement Report

Prices tumbled Tuesday morning as the DOJ announced an imminent major crypto enforcement action, but then rebounded

By Stephen AlpherNov 21, 2023

Crypto prices yo-yo on Binance news (Getty Images)

Markets

AVAX, NEAR Beat Ether and Bitcoin as Wall of Red Continues in Asia

AVAX is up 8% in the last 24 hours, while bitcoin is trading below $36,500

By Sam ReynoldsNov 17, 2023

Finance

Hong Kong Gaming Company Boyaa Interactive Seeks Approval to Buy $100M in Crypto to Boost Web3 Strategy

The company's plan highlights Hong Kong's rising profile as a digital asset hub.

By Krisztian SandorNov 15, 2023

Videos

Ether Surges on BlackRock’s ETF Plans; A Milestone for Michael Saylor’s Massive Bitcoin Bet

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the price action for bitcoin (BTC) and ether (ETH) after a Nasdaq filing confirmed BlackRock's plan to file for an ETH-based exchange-traded fund (ETF). The rising price of bitcoin has pushed the asset’s largest public holder, Michael Saylor's company MicroStrategy (MSTR), to unrealized gains of over $1.1 billion. Plus, Celsius is cleared to exit bankruptcy.

Nov 10, 2023

Markets