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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.
First Mover Asia: Prediction Markets Split if Binance Will Pull Out of FTX Deal; Bitcoin Drops 11%
Investors on Polymarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through.

Market Wrap: Binance/FTX Deal Sends Bitcoin, Other Cryptos Spiraling
Crypto prices whipsawed following the announcement that Binance would be purchasing one of its largest rivals.

Bitcoin, Ether Slide as Protective Puts Draw Demand Amid Sell-Off in FTX's Token
Options market tied to bitcoin and ether shows renewed bias for puts, perhaps a sign of investor fears the FTX-Alameda drama may bring another market-wide crash.

First Mover Asia: A Good Week for Exchange Tokens, Except FTT; Solana Continues Falling
During the past week, a number of exchange tokens have outperformed bitcoin, including OKX and CRO. FTT is not among them.

Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red
The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data.

First Mover Americas: Binance Dumps FTT Tokens
The latest price moves in crypto markets in context for Nov. 7, 2022.

First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash
Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.

Market Wrap: Cryptos Rise in an Eventful Week; Bitcoin Hovers Over $21K, Ether Soars
A surprisingly robust jobs report and other signals spur investors’ return to riskier assets.

Bitcoin Hits 7-Week High, Shrugging Off Unexpectedly Strong US Jobs Report
The bitcoin price rose as high as $21,287 in the past 24 hours, the highest since Sept. 13.

Argentine Fintech Uala Launches Bitcoin, Ether Trading Feature
The service will be available to 4.5 million users in the South American country in the coming weeks.
