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

Market Wrap: Bitcoin Stuck Below $60K; Cardano’s Sixfold 1Q Gains Led CoinDesk 20

$60K is a key psychological level that has also proven a formidable stopping point during this year’s powerful rally.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Traders Ratchet Up Derivatives Bets as Bitcoin Mounts Rally

Bitcoin's funding rates are rising, a sign traders are willing to take more risk in betting on a fresh rally.

Bitcoin price chart, daily, over past month.

Markets

Market Wrap: Bitcoin, Ether Gain After Visa Deal as Stocks Struggle With Archegos Margin Call

The quick recovery to near $58,000 demonstrates stronger confidence from investors in the oldest and largest cryptocurrency.

CoinDesk Bitcoin Price Index

Markets

Ether-Bitcoin Implied Volatility Spread Points to a Macro-Driven Market

Historically, the implied volatility spread has proven a reliable indicator of upcoming shifts in market leadership.

One-month ether-bitcoin implied volatility spread could show the two cryptocurrencies might start trading more closely in tandem.

Markets

Market Wrap: Bitcoin Steady Near $54K; RSI Indicator Warns of Limited Uptrend

After two days of sell-offs, bitcoin bulls finally returned.

CoinDesk's Bitcoin Price Index

Markets

Market Wrap: Bitcoin Slips to $52K; All Eyes on Friday’s $6B Options Expiry

“This is a time to make sure that you have some dry powder and are not overextended,” said one trader.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Near $56K, Struggles With Flat Activity on Exchanges

As of March 21, there were fewer than 2.44 million BTC available on exchanges, the lowest amount since August 2018.

CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Near $59K as Worries on Bond Yields Increase

Price charts also are sending signals the oldest cryptocurrency might be losing steam.

CoinDesk Bitcoin Price Index

Markets

This Ether Options Play by Institutions Has Lottery Ticket Potential

A pair of wildly speculative options trades on cryptocurrency trading network Paradigm has analysts’ tongues wagging.

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Markets

Market Wrap: Bitcoin Near $58K on Fed Pledge to Keep Loose Policy

Bitcoin's price has doubled this year, partly because of demand from institutional investors who are looking for an asset that might hold its worth if the dollar’s purchasing power declines.

CoinDesk's Bitcoin Price Index