Ether

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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.

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ETH price, FMA May 21 2024 (CoinDesk)
First Mover Americas: Bitcoin Hits $71K as Ether ETF Hopes Build
The latest price moves in crypto markets in context for May 21, 2024.
ETH price, FMA May 21 2024 (CoinDesk)

Scrabble letters spelling ETF arranged a rack
Fidelity Drops Staking Plans in Updated Ether ETF Filing
Annualized yields on ether staking are nearly 3% as of Tuesday, data from popular staking service Lido shows.
Scrabble letters spelling ETF arranged a rack

(Kevin Ku/Unsplash)
Ether ETF Speculation Could Weigh on SOL, Wider Altcoin Market
Traders will not want to be short ETH while going through an ETF approval, one observer said.
(Kevin Ku/Unsplash)

A rocket blasting off from a launch pad
Bitcoin Surges Over $71K as Ether ETF Hopes Lead to $260M in Short Liquidations
Some traders expect ether prices to reach as high as $4,000 in the coming days, with odds of an ether ETF approval raised to 75%.
A rocket blasting off from a launch pad

SEC headquarters (Nikhilesh De/CoinDesk)
Ether ETFs Filing Process Sees Abrupt Progress, Though Approval Not Guaranteed: Sources
Exchanges are being asked to update 19b-4 filings on an accelerated basis by the U.S. Securities and Exchange Commission
SEC headquarters (Nikhilesh De/CoinDesk)

Ether spot ETF approval odds just went higher (gopixa/Getty Images)
Ether Jumps 10% to $3.4K After Bloomberg Ups Odds of Spot ETF Approval
Markets previously had mostly priced in SEC rejections of the proposed funds beginning this week.
Ether spot ETF approval odds just went higher (gopixa/Getty Images)

BTC price, FMA May 20 2024 (CoinDesk)
First Mover Americas: BTC, ETH Little Changed Ahead of Ether ETF Decision
The latest price moves in crypto markets in context for May 20, 2024.
BTC price, FMA May 20 2024 (CoinDesk)

(CoinDesk Indices)
Ether, Bitcoin Open Asia Trading Week Flat as ETH ETF Decision, Nvidia Earnings Loom
The market has priced in a rejection for the first set of Ethereum ETFs, but there are reasons to be optimistic about an approval next year, says one fund manager.
(CoinDesk Indices)

Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional
Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional
A new research report from Coinbase Institutional reveals that staking has been a major liquidity sink for ether (ETH). Analysts note that the 3 month circulating supply of ET...
Staking Has Been a Major Liquidity Sink for ETH: Coinbase Institutional

Crypto prices continue their move higher (Jungwoo Hong/Unsplash)
Bitcoin Rises Above $67K, but Lags Broader Crypto Market as ETH, SOL, LINK Post Big Gains
Softer U.S. inflation figures and big institutional interest in the spot bitcoin ETFs helped turn sentiment around.
Crypto prices continue their move higher (Jungwoo Hong/Unsplash)