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.


Finance

Investors Track Pepecoin Whales to Cash In on Meme Coin Mania as Wider Market Stagnates

The trend has the potential to disrupt the huge rallies bitcoin and ether have seen this year.

Meme coin rug pulls could impact BTC and ETH (Juli Kosolapova/Unsplash)

Markets

First Mover Asia: Crypto's Rotating Profits

PLUS: Bitcoin is clearing through the unconfirmed transaction pile, but it's still at record highs

Crypto traders are rotating their positions. (Caleb Woods/Unsplash)

Videos

Bitcoin-Ether Correlation Dips Below 80% for First Time Since 2021

The positive relationship between bitcoin (BTC) and ether (ETH), the world's top two cryptocurrencies by market value, has weakened this year, signaling an impending regime change in the market. The 30-day rolling correlation between changes in bitcoin and ether prices dipped to 77% Monday, the lowest since 2021 and notably weaker than 96% seen two months ago, according to Kaiko data. "The Hash" panel discusses what this means for the future of bitcoin, ether, and the crypto markets at large.

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Markets

Bitcoin Volatility and Trading Volume Continue to Decline

The compression in BTC’s trading range implies that market participants are playing things safely for the moment.

Jakob Braun (Unsplash)

Tech

Origin Protocol Enters Competitive Ether Yield Market With OETH Offering

OETH is a yield-bearing, ether-pegged token, offering an easy way to maximize yield from ETH staking using protocols, such as Curve Finance.

(Micheile/Unsplash)

Markets

Bitcoin-Ether Correlation Weakest Since 2021, Hints at Regime Change in Crypto Market

As Ethereum has shifted from PoW to PoS, the economics of supply and demand underlying the two cryptocurrencies will continue to diverge, one observers said.

Correlación móvil de 30 días entre los precios del bitcoin y ether (Kaiko).

Finance

The New Crypto Cycle Will Be About Ether Yields: Bernstein

Ether staking trends following the Shanghai upgrade have beaten expectations, the report said.

Opyn's Crab strategy offers a new way to generate yield in a comatose market. (James Coleman/Unsplash)

Markets

First Mover Asia: Bitcoin, Ether Prices Stuck in 'Wind Tunnel'

There all sorts of indicators traders can use to get a sense of where sentiment is heading in crypto markets. A key metric is funding rates on perpetual futures on bitcoin and ether.

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Markets

Bitcoin Rebounds Above $27K as Investors Weigh Debt Ceiling Debate, Liquidity Concerns

Investors have been eyeing particularly low liquidity in crypto trading as market makers turn cautious.

(Mohan Murugesan/Unsplash)

Markets

Crypto Markets Look to Recapture Momentum Following Down Week

Trading volume increases for both bitcoin and ether, but trails their 20-day moving averages. CoinDesk’s Bitcoin Trend Indicator signals neutral again.

(Unsplash)