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 Slides, Stocks Tread Water on Trump China Comments

Stocks across Asia and Europe took a dip Friday and so did bitcoin in anticipation of Trump’s comments on “deeply troubling situations” in Hong Kong.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Short Seller Liquidations Help Push Bitcoin Beyond $9,500

Bitcoin is riding high as short sellers in the crypto derivatives market get squeezed out, triggering automatic buy orders.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bullish Traders Push Bitcoin Over $9,100, Returning to Halving Levels

Traders were feeling good about bitcoin’s upward trend and pushed it over $9,100 Wednesday.

Source: CoinDesk Bitcoin Price Index

Markets

Bitcoin News Roundup for May 27, 2020

While the yuan weakens against the U.S. dollar, Coinbase makes an acquisition to grow its institutional trading infrastructure. It's another episode of CoinDesk's the Markets Daily podcast.

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Markets

Market Wrap: Traders 'Buy the Dip' as Bitcoin Hovers at $9,000

Bitcoin fell for a second day as sentiment grew bearish, though some traders say they’ll buy the dip.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Rebounds to $9,500 After Scary Sell-Off

Downward bitcoin prices could impact stakeholders more than ever before, including derivatives traders and miners.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Here's Why Ether's Price Has Jumped 65% So Far This Year

Ether is outperforming bitcoin in 2020 but has lower liquidity and different technical dynamics than the world’s largest cryptocurrency.

Source: CoinDesk BPI

Markets

Market Wrap: Bitcoin Stuck in High $9K Range as Stocks Soar on Powell Comments

Bitcoin treaded water in the high $9,000 range Monday as stocks rallied and traders wondered when the cryptocurrency would break five digits again.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin Dips as Stock Markets Close Lower on the Week

Bitcoin attempted to recover from a price dip on Friday as global stock indexes end the week lower.

Source: CoinDesk Bitcoin Price Index

Markets

Market Wrap: Bitcoin's Price Up 12% Since the Halving

Bitcoin has seen double-digit gains in price since the halving. Institutional investors doing more trading in crypto options on CME is a sign of continued interest.

Source: CoinDesk Bitcoin Price Index