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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: Ripple's APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again
But Rahul Advani told CoinDesk the industry needs more details about the city’s plans.
Market Wrap: Uniswap, Federal Reserve in Focus as Dogecoin Rests
The largest cryptocurrency’s push past $20K this week has turned the market more bullish. The outlook hinges on the Federal Reserve’s messaging next week – about its plans for December.
Uniswap Surpasses Bitcoin as Fed Rate Hike Decision Nears
The decentralized exchange’s native token has risen 5% in the past 24 hours and 10% over the past week.
First Mover Americas: DOGE Doubled in October, Coinbase Goes to Bat for Ripple
The latest price moves in crypto markets in context for Nov. 1, 2022.
Bernstein: Small Economic Recovery Would Make Ether's Tokenomics Favorable
ETH could reach 4% deflation at peak user activity, a report from Bernstein said.
Dogecoin Led the Pack Among Cryptocurrencies in October With 17 Times Bitcoin's Gains
Elon Musk’s Twitter $44 billion deal drove speculation in the Shiba Inu-themed meme coin, which more than doubled in price during the month.
First Mover Asia: Hong Kong FinTech Chair Praises Crypto Friendly Policy Statement; Dogecoin Outshines Bitcoin, Ether
Neil Tan said that the statement by the Financial Services and Treasury Bureau acknowledged the importance of retail investors and would help clarify regulatory issues similar to other countries recent frameworks.
Market Wrap: Dogecoin’s October Finale Trumps All Other Major Cryptos
The popular meme coin was up more than 8% at one point as DOGE advocate Elon Musk asserted his control over Twitter.
First Mover Americas: Ether's Breaking Out on Bullish Supply-Demand Picture
The latest price moves in crypto markets in context for Oct. 31, 2022.
Ether Sees Biggest Weekly Gain in 3 Months, ETH-BTC Rally to Continue
Ether rallied 16% last week, registering its biggest weekly gain since July. The recent positive change in ether's tokenomics are helping the cryptocurrency outperform industry leader bitcoin.
