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.

First Mover Asia: Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions

The Singapore-based crypto savings platform angered users with its decision, but the law may be on the company's side if a complaint ever makes it to court.

By Sam Reynolds, James RubinAug 16, 2022

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Market Wrap: BTC Not Quite Ready to Stay Above $25K

Bitcoin cracked the psychologically important threshold overnight, but retraced in U.S. trading hours.

By Glenn Williams Jr., Jimmy HeAug 15, 2022

BTC temporarily cracked $25K before retreating. (Ivan Vranić/Unsplash)

Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading

The company, which has 3.6 million customers, hopes to reach 200,000 active crypto users by the end of 2022.

By Rodrigo TolottiAug 15, 2022

Bandera de Brasil. (Mateus Campos Felipe/Unsplash)

First Mover Americas: Bitcoin Hits $25K But Fails to Hold, Galaxy Digital Scraps Plan to Buy BitGo

The latest price moves in crypto markets in context for Aug. 15, 2022.

By Lyllah Ledesma, Michael BellusciAug 15, 2022

BTC couldn't hold $25,000. (Jordane Mathieu/Unsplash)

First Mover Asia: Bitcoin Tests $25K Before Retreating; S. Korea Play-to-Earn Ban Unlikely to End Soon

The South Korean government has yet to show any sign of wanting to change current laws, said attendees at Korea Blockchain Week; ether falls.

By James Rubin, Sam ReynoldsAug 15, 2022

(Getty Images)

Market Wrap: Bitcoin Price Finishes Higher for Third Consecutive Week

The largest cryptocurrency by market capitalization has responded favorably to improved economic indicators.

By Glenn Williams Jr., Jimmy HeAug 12, 2022

BTC prices continue higher as the week comes to a close. (CoinDesk and Highcharts.com)

First Mover Americas: Bitcoin Slips at End of Strong Week, Huobi Founder in Talks to Sell Majority Stake

The latest price moves in crypto markets in context for Aug. 12, 2022.

By Lyllah Ledesma, Omkar GodboleAug 12, 2022

Leon Li and Wendy Wang of Huobi

First Mover Asia: Solana Market Shrugs Off TVL Fakery With Price Rebound; Ether Climbs on Merge Anticipation

The SOL token has climbed over the past week, despite a scheme by developers that artificially boosted the value of Saber and the Solana blockchain.

By Sam Reynolds, James RubinAug 12, 2022

(Danny Nelson for CoinDesk)

The Ethereum Network Successfully Runs Final Test of Upgrade Causing ETH to Rise Two-Month High, Outperforming Bitcoin

By William Foxley, Zack Seward, Jennifer Sanasie, Wendy OAug 11, 2022

The Hash

Market Wrap: Bitcoin Price Rises but Ether Outpaces as Merge Nears

ETH has been accelerating on higher than average trading volume.

By Glenn Williams Jr., Jimmy HeAug 11, 2022

Ether's price continues to climb. (Jake Hills/Unsplash)