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 Spot ETFs to Attract $15B of Net Inflows in First 18 Months: Bitwise

Investors are likely to allocate funds to ETFs in proportion to the relative market caps of bitcoin and ether, the report said.

By Will CannyJun 26, 2024

Ether spot ETFs likely to attract $15 billion of net inflows in first 18 months: Bitwise. (CoinDesk)

Markets

Renewed Bullishness Expected After Bitcoin, Ether's $10B Options Expiry on Friday

Over 25% of options are set to expire "in the money," Deribit's Luuk Strijers told CoinDesk.

By Omkar GodboleJun 26, 2024

Markets

First Mover Americas: BTC Steadies, but 10% Monthly Loss Questions Nasdaq Rally

The latest price moves in crypto markets in context for June 25, 2024.

By Omkar GodboleJun 25, 2024

Monthly performance of BTC and Nasdaq. (TradingView/CoinDesk)

Markets

Ether Spot ETFs Could See Lower Demand Compared to Bitcoin Peers: Bernstein

Ether and other digital assets need a better regulatory regime and the narrative is expected to improve around the U.S. elections later this year, the report said.

By Will CannyJun 25, 2024