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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.
Crypto Markets Today: Huobi Tensions Sink Tron Token Price
ALSO: Bitcoin and ether traded up. Equities also rose after a strong U.S. jobs report.
Bitcoin, Ether Options Market See Mixed Flow Ahead of US Jobs Report
Some traders have been buying downside protection in bitcoin and ether, while others are building strategies that profit from a big move in either direction, experts told CoinDesk.
First Mover Asia: Bitcoin, Ether Continue Their Rapid Descent in Volatility
ALSO: The two largest cryptocurrencies by market volume held steady within the narrow ranges they've occupied since mid December.
First Mover Asia: Bitcoin Rises, Cryptos Savor FOMC Data
ALSO: Japanese gaming company Square Enix’s commitment to invest in Web3 initiatives is rare in a country in which regulations about anything that seems like gambling are daunting.
Crypto Markets Today: Crypto Broker Genesis Asks for Clients’ Patience
ALSO: Bitcoin rose and most other, major cryptocurrencies spent much of Wednesday in the green.
Ether-Bitcoin Ratio on Bullish Path After Triangle Breakout, Trader Says
We could see a bears in disbelief rally in ether in coming weeks, Decentral Park's Lewis Harland said.
First Mover Asia: Why Is Tron Founder Justin Sun Keeping Some of His Coins in Valkyrie Digital Assets?
ALSO: Bitcoin spent a low-key 14th birthday, trading almost precisely in the same narrow range it's held since mid-December; other cryptos traded sideways, although SOL rose 22% to continue its nearly week-long surge.
Ethereum's Upcoming Shanghai Upgrade Powers Lido DAO, SWISE, RPL Tokens Higher
Governance tokens of top liquid staking products rally as Ethereum's Shanghai upgrade is set to "de-risk" ether staking by opening ETH withdrawals.
First Mover Asia: Bitcoin Celebrates the New Year With Old Pricing, Holds Steady at $16.7K
ALSO: CoinDesk's Sam Reynolds explains why crypto exchange token prices continue to respond to news events and not what the SEC and other regulators might do.
First Mover Asia: 3 Crypto Predictions for 2023 From Digital Asset Manager 3iQ's Research Head
Mark Connors sees a rebound in digital prices by the third quarter and companies increasing their involvement in developing regulation. ALSO: Bitcoin would just as soon forget acquaintances auld and new to 2022.
