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

Ether Options Out of Sync With Bullish Sentiment on Street

The way ether options are priced suggests investor preference for bets that prices will fall, contradicting the bullish outlook presented by some analysts.

Examining a price chart (Kanchanara/Unsplash)

Mga video

Ether in the Spotlight; Trump NFTs on Bitcoin

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines shaping the crypto industry, including traders and analysts turning their attention to ether. Plus, former President Donald Trump brings NFTs to the Bitcoin blockchain.

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Markets

No More Than 50% Chance of Spot Ether ETF Approval By May, JPMorgan Says

Lawsuits against crypto exchanges offering staking services for proof-of-stake blockchains, including Ethereum, make approval of a spot ether ETF more challenging until these cases are resolved, the investment bank said.

Exchange-traded fund (viarami/Pixabay)

Markets

Ether Could Soar in 2024 on the Back of Dencun Upgrade, ETF Narrative: Analysts

The ether- bitcoin ratio has risen 19% in the first three weeks of the year, taking back part of last year's 25% slide.

Hot air baloon (A_Different_Perspective/Pixabay)

Technology

Ethereum’s Dencun Upgrade Goes Live, But Fails to Finalize on Testnet

Developers said the missed finalization was likely due to an expected lack of participation and older network validators.

Blocks. (Desmond Marshall/ Unsplash)

Finance

BlackRock Wants to Follow Bitcoin ETF With an Ethereum ETF. Marketing It Might Not Be So Simple

Larry Fink has been talking up a spot ether ETF, but index provider CF Benchmarks sees a conundrum when it comes to selling that product.

Larry Fink (Will Ess for Pixelmind.ai/CoinDesk)

Markets

Bitcoin ETF Debut Serves as a Lesson for Ether ETF Speculators

Bitcoin's experience cautions traders against betting bullish on volatility on the day of the ETF approval.

Books, pile, education (sweetlouise/Pixabay)

Mga video

Ether Surges Above $26K Following Spot Bitcoin ETF Approval

Ether (ETH) is trading near the $2,600 level as the crypto market reacts to the spot bitcoin ETFs winning SEC approval on Wednesday, as traders make bets on a spot ETH ETF being approved next. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

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Markets

Ether ETF Hopes Drive Smart Money Bets After Historic Bitcoin ETF Approval

Bets on Ethereum tokens may spark a reversal of fortunes for ETH investors, especially as the token underperformed bitcoin in 2023.

SEC logo (Nikhilesh De/CoinDesk)

Markets

Ether Jumps Over $2.4K as Traders Bet on Possible Ether ETF Next

BlackRock had previously filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) for its iShares Ethereum Trust, a spot ether exchange-traded fund (ETF).

Institutional traders are more bullish on bitcoin than alternative cryptocurrencies. (Hans Eiskonen/Unsplash)