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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.
Is Bitcoin Boredom Driving the Altcoin Rally?
Ether reached an all-time high Thursday, but bitcoin's upside momentum continued to slow. What's behind the rise of ether and the altcoin rally? Steven McClurg of Valkyrie Investments explains why he thinks there's a shift in investor behavior. McClurg also discusses the status of Valkyrie's ETF application and his thoughts on the impact of bitcoin ETFs on the markets.
Bitcoin Dominance Sinks Below 50% for First Time Since 2018
Bitcoin's share of the overall industry market capitalization has fallen as ether and other altcoins have surged in price.
Ether Price Hits New Record High as Analysts Anticipate Supply Drop
Analysts say ether will become a deflationary asset after the impending EIP 1559 upgrade.
Market Wrap: Bitcoin in Neutral at $55.5K as Ether Continues Bull Run
The price of bitcoin has changed little over the past 24 hours, despite the asset’s notorious volatility.
Market Wrap: Bitcoin Flat at $56.7K, Ether Rises and It Wasn't Dogeday's Afternoon
Bitcoin price takes a pit stop with ether and dogecoin stealing the spotlight.
Market Wrap: Bitcoin Recovers From Sunday Slump to $56K as Doge Jumps 19%
Volumes on the CoinDesk 20 eight spot BTC venues was over $8 billion for the first time since Feb. 23.
Bitcoin Price Falls $8K to 3-Week Low, Altcoins Crash
Bitcoin nosedived to a three-week low of $52,148 during Sunday's Asian hours.
Market Wrap: Bitcoin Near $62K, Recovers Slowly From Turkey Crypto Payment Ban; Dogecoin Jumps
“The biggest fear for many crypto traders has always been that big governments might impose harsh restrictions on cryptocurrencies,” said one analyst.
Ether Breaks $2,500 for the First Time in Wake of Berlin Fork
The hype around ether is also reflected in the derivatives market.
Tether on Tron Blockchain Hits $24B, Surpassing Ethereum Amid Explosive Stablecoin Demand
The amount of tether on the Tron blockchain has exceeded that on Ethereum.
