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

S&P Global Just Made Ethereum's Centralization Risk a TradFi Concern

Institutional interest in digital assets means that crypto terms such as 'Nakamoto Coefficient' are now mainstream issues.

Ethereum (Unsplash)

Markets

Ether's $3K Breakout Partly Fueled by Dealer Hedging, Analyst Says

Options dealers likely bought ETH in spot/futures market to hedge their short positions in call options, adding to bullish momentum, BloFin's Griffin Ardern said.

A person looking at multiple trading screens. (sergeitokmakov/Pixabay)

Markets

Ether’s Triangle Breakout Could Push It to New All-Time High of $5.2K: Kraken OTC

Ether rose above $3,000 earlier this week, the highest level since April 2022.

(Stefan Schurr/Shutterstock)

Markets

Ether Hits $3K for First Time in Nearly 2 Years Amid Rising ETH ETF Excitement

A potential spot ETH ETF approval would boost the second-largest crypto's appeal among more conservative, institutional investors.

Ethereum (Unsplash)

Markets

Ether's Fundamental Supply Outlook Better Than Bitcoin's, Analyst Says as ETH Tops $2.9K

Ether has rallied 16% in seven days, outperforming bitcoin's 8.5% rise.

one week ether price chart

Markets

Ether Could Be the Next 'Institutional Darling,' Bernstein Says

The second-largest cryptocurrency is probably the only digital asset other than bitcoin likely to get spot ETF approval from the SEC, the report said.

SEC logo (Nikhilesh De/CoinDesk)

Markets

Bitcoin Steady Over $52K;Traders Target $55K in Short-Term

However, ether will likely capture more hype and mindshare in the coming months on a potential ETF listing, one analyst said.

A trading chart on a computer. (Pexels/Pixabay)

Markets

Ether Traders Target $3.5K as ETH Jumps on ETF Expectations

Several traditional financial firms are vying for an ether exchange-traded fund in the U.S., a move that is boosting the token’s medium-term outlook.

(QuinceCreative/Pixabay)

Markets

Risk Assets Like Bitcoin Are Defying Low Fed Rate Cut Expectations: Analyst

An interest rate cut isn't likely on the table, but risk assets are doing just fine

Fed Chair Jay Powell is set to speak after the central bank held policy steady (Helene Braun/CoinDesk)

Markets

Peter Thiel Made $200M Investment in BTC, ETH Before Bull Run: Reuters

A source said that the investment was split evenly between the two digital assets.

Peter Thiel holding cash (Rachel Sun/CoinDesk)