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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.
Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner
Coin burning refers to the process of removing tokens from circulation and is the crypto market’s equivalent of a stock buyback.
Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner
MarketGauge Group Managing Director Michele Schneider discusses her crypto markets analysis and outlook as ether posted a new all-time high at over $4402 Friday. Blockchain data showed that smart contract blockchain Ethereum burned more tokens than it emitted in the last 24 hours, thanks partly to strong action in Shiba Inu (SHIB). Plus, is a market correction coming any time soon?
Hive Blockchain Outperforms Crypto Miners as Ether Reaches All-Time High
Shares of the diversified crypto miner outperformed peers as ether hit a new record.
Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry
Analysts expect short-term choppiness ahead of the next leg higher.
Is Shiba Inu (SHIB) Worth an Investment Right Now?
Eddie Ghabour, co-owner and managing partner at Key Advisors Group, discusses whether he would advise his clients to allocate Shiba Inu coin (SHIB) to their portfolios. The cryptocurrency is up over 100% in the last seven days. Plus, his views on U.S. bitcoin futures ETFs, ether, NFTs, and options positions.
Market Wrap: Bitcoin Rises Again as Altcoins Outperform
Bitcoin is back above $62K and investors are pumping more money into crypto funds.
Solana Hits New Record High as Layer 1 Tokens Follow Bitcoin’s Gains
Momentum has been building after bitcoin hit an all-time high last week.
Bitcoin Pushes Upward After Weekend Dip
Funding rates across major exchanges were lower over the weekend, making it cheaper for traders to take more long leverage on bitcoin.
Market Wrap: Bitcoin Retreats From All-Time High; Ether Outperforms
The ETF enthusiasm has faded but some investors expect pullbacks to remain limited for the remainder of the year.
Market Wrap: Bitcoin Drops as Indicators Show Extreme Optimism
The price fell from an all-time high of almost $67K as bullish traders took profits. That may continue, but not for long.
