What is Ethereum (cryptocurrency)?

DEFINITION of 'Ether (Cryptocurrency)'. Ether is the integral element of the Ethereum blockchain network that acts as the network's fuel, keeping it agile and functional.

Is Ethereum a millionaire?

Ether, which is powered by the Ethereum blockchain and is the second largest crypto by market value, was trading at a few hundred dollars. Turley bought both. Now, Turley tells CNBC Make It, those early investments have made him a millionaire, growing to be worth seven figures, with 90% of that generated in the last two years.

What's the difference between Bitcoin and Ethereum?

Bitcoin, currently the largest crypto by market value, was trading at over $2,000 at the time, according to CoinMarketCap. Ether, which is powered by the Ethereum blockchain and is the second largest crypto by market value, was trading at a few hundred dollars. Turley bought both.

Should you invest $100 in Ethereum today?

So, if you were to invest $100 in Ethereum today, there is a huge chance that the bulls that have engulfed the crypto market could lead you to reap huge gains in the future. At the time of writing, the value of Ethereum keeps rising daily.