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 Asia: Bitcoin Hits Record High of Over $67.5K; Ether Also Sets New Mark

Indicators suggest that bitcoin, the largest cryptocurrency by market capitalization, is headed at least initially toward the $86K resistance level.

Will Bitcoin's Bull Run Continue Next Week?

Markets

Market Wrap: Bitcoin Rises as Central Banks Maintain Low Rates

The cryptocurrency is rising along with stocks, although some analysts expect the rally could fade next year.

For now, era of low rates benefit risk assets (Shutterstock)

Videos

FTX.US CEO on Total Crypto Market Cap Topping $3T as Bitcoin Breaks $66K, Ether Hits All-Time High

As bitcoin breached $66,000 and ether hit another new all-time high of $4,700, the overall market cap of all cryptocurrencies topped $3 trillion Monday. Still, bitcoin’s dominance continues to decline. Brett Harrison, president of crypto exchange FTX.US, discusses his crypto market update and outlook and shares insights into stablecoin regulation.

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Markets

Bitcoin Tops $66K, Resuming Uptrend as Real Bond Yields Slide

The cryptocurrency may face some selling pressure around $70,000, one trader said.

El bitcoin supera los $66.000 y busca un récord (Coinbase)

Markets

Market Wrap: Analysts See Further Upside in Ether as Bitcoin Stalls

BTC’s price has been roughly flat over the past week, compared with a 4% rise in ETH and a 23% rise in Solana’s SOL token over the same period.

ETH/BTC price ratio chart (Damanick Dantes/CoinDesk, TradingView)

Videos

Impact of Fed's Tapering Decision on Crypto Markets

Ether hit a fresh all-time high Wednesday surging past $4,600 on the heels of a Federal Reserve announcement saying it will begin tapering bond purchases later this month. Head of Business Development at global crypto trading platform AscendEX Shane Molidor discusses the potential factors driving ether's price higher. Plus, insights into AscendEX's latest $50 million Series B round.

Recent Videos

Markets

Ether to Extend Outperformance Versus Bitcoin Following Recent Breakout, FSInsight Says

Solana may see some consolidation in the near term following recent gains.

Bulls fighting. (Bykofoto/Shutterstock)

Finance

Galaxy Digital’s October AUM Grew More Than 40% to $3.1B

Galaxy’s roster of Canadian ETFs were the driving force behind the surge.

Galaxy Digital CEO Mike Novogratz

Videos

Ether Hits Fresh Record High, Surging Past $4650

Following the latest announcement from the Federal Reserve to start tapering bond purchases later this month, ether has jumped to a new all-time high, surpassing $4,650. CoinDesk's Galen Moore discusses his assessment of ETH, the correlation between bitcoin's 90-day daily returns and the S&P 500, and Direxion withdrawing its SEC application to launch a short bitcoin futures ETF.

Recent Videos

Markets

Lower Trading Volatility in 2021 Crypto Bull Runs Signals Maturing Market

Traders appear to have been calmer this year as bitcoin matures as an investment asset.

Credit: Nicholas Cappello/Unsplash