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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CoinDesk XBX Index
Market Wrap: Possible Stimulus Tapering, China Continue Fueling Big Bitcoin, Crypto Dump
Ether is providing some with hope as its momentum, in the form of volume, continues to beat bitcoin for the 10th straight day.
CoinDesk XBX Index

Altcoins Overtaking Bitcoin's Dominance in Trading Volume?
Altcoins Overtaking Bitcoin’s Dominance in Trading Volume?
Coin Metrics Senior Research Analyst Nate Maddrey says ether and other altcoins have taken bitcoin’s dominance in terms of the trading volume, across institutional and retail,...
Altcoins Overtaking Bitcoin's Dominance in Trading Volume?

MACD weeekly charts
Ether Price Indicator Turns Bearish for First Time Since October
Momentum has deteriorated, supporting a lower high compared with May's peak.
MACD weeekly charts

CoinDesk XBX Index
Market Wrap: Musk-Induced Sell-Off Spurs Crypto Price Drop Before a Slight Recovery
Bitcoin dipped below $36K and ether fell under $2.6K on Tesla CEO’s bearish tweets, wiping out some leveraged players in the market.
CoinDesk XBX Index

Software
Anti-Virus Service Provider Norton Rolls Out Ether Mining Feature
Miners are subject to a 15% fee of the total crypto sent to their wallets for use of Norton's service.
Software

CoinDesk XBX Index
Market Wrap: Bitcoin Fails Test of $40K While Ether Loses Steam Near $2.9K
Meanwhile, the cost of gas fees on the Ethereum network is near a three-month low.
CoinDesk XBX Index

Cybersecurity Firm NortonLifeLock Will Now Allow Customers to Mine Crypto
Cybersecurity Firm NortonLifeLock Will Now Allow Customers to Mine Crypto
NortonLifeLock announced it will allow customers to mine ether. The new feature, called Norton Crypto, is currently only available to some Norton 360 customers, but the compan...
Cybersecurity Firm NortonLifeLock Will Now Allow Customers to Mine Crypto