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

Market Wrap: Ether Hits New High, Outperforms Bitcoin as Altcoins Rally

ETH is up about 11% over the past week, compared to a 3% rise in BTC over the same period.

By Damanick Dantes, Helene BraunOct 29, 2021

Ether price chart (CoinDesk, TradingView)

Markets

Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner

Coin burning refers to the process of removing tokens from circulation and is the crypto market’s equivalent of a stock buyback.

By Omkar GodboleOct 29, 2021

Cotización de ether el 29 de octubre (CoinDesk)

Videos

Ether Reaches Record High of Over $4.4K as Shiba Inu Becomes a Leading ETH Burner

MarketGauge Group Managing Director Michele Schneider discusses her crypto markets analysis and outlook as ether posted a new all-time high at over $4402 Friday. Blockchain data showed that smart contract blockchain Ethereum burned more tokens than it emitted in the last 24 hours, thanks partly to strong action in Shiba Inu (SHIB). Plus, is a market correction coming any time soon?

Oct 29, 2021

Finance

Hive Blockchain Outperforms Crypto Miners as Ether Reaches All-Time High

Shares of the diversified crypto miner outperformed peers as ether hit a new record.

By Aoyon AshrafOct 29, 2021

Máquinas de minería de bitcoin (Shutterstock)

Markets

Market Wrap: Bitcoin Heads to $61K Ahead of Options Expiry

Analysts expect short-term choppiness ahead of the next leg higher.

By Damanick DantesOct 28, 2021

Bitcoin price chart (CoinDesk, TradingView)

Videos

Is Shiba Inu (SHIB) Worth an Investment Right Now?

Eddie Ghabour, co-owner and managing partner at Key Advisors Group, discusses whether he would advise his clients to allocate Shiba Inu coin (SHIB) to their portfolios. The cryptocurrency is up over 100% in the last seven days. Plus, his views on U.S. bitcoin futures ETFs, ether, NFTs, and options positions.

Oct 28, 2021

Markets