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.
What Still Needs to Happen Before Spot Ether ETFs Can Trade
Spot ether exchange-traded funds may begin trading as soon as this Friday or in a few weeks.
First Mover Americas: Bitcoin Regains $57K Following $300M of ETF Inflows
The latest price moves in crypto markets in context for July 9, 2024.
First Mover Americas: BTC Rebounds to $57K
The latest price moves in crypto markets in context for July 8, 2024.
Ether Retakes $3K Amid Signs of Seller Exhaustion Before ETF Debut
Discounts in the Grayscale Ethereum Trust and the Coinbase indicator have evaporated in a positive sign for the ether bulls.
First Mover Americas: Bitcoin Slumps Below $54K as Mt. Gox Flags Repayments
The latest price moves in crypto markets in context for July 5, 2024.
First Mover Americas: Bitcoin Falls to $60K as Mt. Gox Overhang Looms
The latest price moves in crypto markets in context for July 3, 2024.
Pre-ETF Ether Options Trend Mirrors BTC Except for One Key Difference
The bullish sentiment in the ether options market is more measured than bitcoin in early January, indicating a low probability of a sell-the-fact event following the debut of ETFs.
First Mover Americas: Bitcoin Bulls Hopeful Entering July as ETFs Record $130M Inflows
The latest price moves in crypto markets in context for July 2, 2024.
Ether Spot ETFs to See Up to $5B of Net Inflows in First Six Months: Gemini
Ether’s market value relative to bitcoin is close to multiyear lows, and strong inflows into spot ETH ETFs could spark a catch-up trade, the report said.
Crypto Spot ETFs Will Have More Influence on Market's Price Action: Canaccord
Ether spot ETFs, once launched, should help broaden institutional appetite for other digital assets, the report said.
