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.


Markets

Bitcoin Underperforms S&P 500 as Stocks Have Overshot Fundamentals, Crypto Trading Firm QCP Says

Stocks have overtaken fundamentals and could soon fall back, QCP said.

Las acciones superaron a las mediciones y eclipsaron a bitcoin, según QCP. (Dietmar Becker/Unsplash)

Markets

First Mover Asia: Bitcoin Falls on Inflation Fears but Continues Its Ride Above $17K

ALSO: Sam Reynolds writes that Taiwan-based technology conglomerate HTC is looking to take its virtual headset business public in the U.S. as part of a quest to help cultivate the metaverse. But is the company going in the wrong direction?

Bitcoin continued to ride easily over $17K. (Marianna Lutkova/Unsplash)

Markets

Ether Turns Inflationary as Network Usage Slows

The current positive inflation rate indicates the volume of ether being minted now outpaces the amount being burned.

Ether’s annualized inflation rate returned to a positive value after making a “V-shape” from November's market volatility triggered by FTX. (ultrasound.money)

Markets

Crypto Markets Today: FTX Fallout Hits Maple Finance; Bitcoin Declines

Orthogonal Trading received a default notice, while crypto leader Nexo decided to depart from the U.S. after regulatory discussions hit a “dead end.”

(DALL-E/CoinDesk)

Markets

First Mover Asia: Bitcoin Hovers Near $17.3K, but Does It Have Staying Power?

ALSO: Sam Reynolds writes that DeFi total value has been rallying recently after tumbling in mid-November, a sign that investors believe in DeFi's potential.

Bitcoin was hovering near $17.3K. (Oliver Furrer/Getty Images)

Markets

Crypto Markets Today: Galaxy Digital Expands Brokerage Services With GK8 Acquisition

The cryptocurrency-focused financial services firm won an auction to buy the company from crypto lender Celsius, which filed for Chapter 11 bankruptcy protection.

Galaxy Digital won an auction to buy self-custody platform GK8. (Jeremy Thomas/Unsplash)

Markets

First Mover Americas: Bitcoin Stays Near $17K Ahead of Jobs Report

The latest price moves in crypto markets in context for Dec. 2, 2022.

The U.S. jobs report is due to be released early Friday. (Getty Images)

Markets

First Mover Asia: Cryptos' Short Win Streak Ends as Investors Remain Cautious

ALSO: Shaurya Malwa writes that oversubscription of an initial exchange offering at Binance underscores investors' continued interest in crypto and may offer hope for the industry's rebound.

Racha perdedora. (Jhorrocks)

Markets

Crypto Markets Today: CFTC Chair Proposes Pause to Overhaul Digital Commodities Consumer Protection Bill

Rostin Behnam made the suggestion as regulators and the crypto industry continue processing the implosion of crypto exchange giant FTX.

CFTC Chair Rostin Behnam speaks at DC Fintech Week. (Nikhilesh De/CoinDesk)

Markets

First Mover Americas: Crypto's November Fall

The latest price moves in crypto markets in context for Dec. 1, 2022.

Idyllwild Park, Idyllwild, United States (Victor Baro/Unsplash)