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

Ether Shows Signs of Downtrend Exhaustion as Trump's 'Liberation Day' Tariffs Loom

Ether may lead the market higher in case the looming tariffs are more measured than expected.

Ether charts signal seller fatigue. (TheDigitalArtist/Pixabay)

Markets

Ethereum Reclaims No. 1 Spot as Leading DEX Chain for First Time Since September, Overtakes Solana

The shift in leadership occurred amidst a bearish market sentiment, particularly within the memecoin sector.

Ethereum was March's top blockchain by DEX volumes. (artellliii72/Pixabay)

Markets

Ether-Bitcoin Ratio Slumps to 5-Year Low as Traders Seek Less Risky Assets: Van Straten

Ether has underperformed bitcoin since last year's reward halving. The first time that's happened.

CoinDesk

Markets

Bitcoin Plunges Below $84K after $115B Sell-Off Wipes Out Weekly Gains

Ethereum's ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.

Bear (mana5280/Unsplash)

Markets

Spot Ether ETFs in the U.S. Shed $401 Million in March as Price Drop Deepened

Outflows from bitcoin ETFs were far more modest on a relative basis.

Price chart on an exchange (Nick Chong/Unsplash)

Markets

Ether Supply on Centralized Exchanges Hits 9-Year Low

The number of ether held in wallets tied to centralized exchanges has dropped to the lowest since November 2015.

FastNews (CoinDesk)

Markets

Bitcoin Sinks Amid Profit-Taking After FOMC Rally, but $100K Probability Rises

Traders cautioned that Thursday’s moves would be a relief rally, with the $80,000 support level one to watch for.

Sinking boat. (Unsplash)

Markets

Bitcoin Options Flip Bullish After Powell's Transitory Inflation Remark, Ether Still Lags in Sentiment

The Fed retained forecast for two rate cuts Wednesday, with Powell calling the inflationary impact of Trump's tariffs transitory.

BTC options flip bullish. (ArtTower/Pixabay)

Markets

Bitcoin, Ether, Solana Likely to See 3%- 5% Price Swings on FOMC Rate Decision, Volmex's Data Suggests

These figures might be scary for equity or currency traders but do not represent a major deviation from the normal in the crypto market.

(AbelEscobar/Pixabay)

Markets

Ether Jumps 7% as Bitcoin Traders Watch $80K Support Ahead of FOMC

Meanwhile, gold broke above $3,000 to new highs earlier Wednesday, leading to some eyeing an inverse correlation of the yellow metal with bitcoin.

BTC's bullish pattern. (cjweaver13/Pixabay)