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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.
Polygon's MATIC Closes In on $1 Level After Recent Breakout: Chart Analysts
The token has cleared daily cloud resistance and its 200-day moving average in a short-term bullish development, one observer said.
First Mover Asia: Is Binance Becoming Too Dominant?
Binance pushes through around 53% of all crypto trades on spot and derivatives markets by trade count, and around 30% of the market’s value; Bitcoin remained comfortably above $19,000 in Monday trading.
Market Wrap: Bitcoin Holds Its Perch Over $19K and Is Likely to Continue Trading in Its Current Narrow Range
Investors are mulling over macroeconomic uncertainties; veteran trader Peter Brandt says crypto investors are “just tired.”
First Mover Americas: Bitcoin, Ether Flat at Start of Busy Earnings Week, Dogecoin-Linked Token Soars
The latest price moves in crypto markets in context for Oct. 24, 2022.
First Mover Asia: US Continues to Give Itself a Supranational Mandate Via State Security Agencies; Bitcoin Sees Slight Rebound, Ether Flat
Why is it that U.S. states can continue to enforce their law around the world?
Market Wrap: Bitcoin, Ether Continue Their Sideways Moves as the World Twists and Turns
Inflation remains stubbornly high, the global economy is stuttering and the U.K. can’t find a decent leader. But bitcoin keeps purring above $19K.
First Mover Americas: Bitcoin, Ether Flat Ahead of Busy Earnings Week, Dogecoin-Linked Token Soars
The latest price moves in crypto markets in context for Oct. 24, 2022.
DeFi Options Platform Opyn's 'Crab Strategy' Generates 14% Return in Comatose Ether Market
Opyn's strategy allows investors with little knowledge of options to generate alpha in a sideways market with a single click. However, it's not without risks.
First Mover Asia: Solana’s Anatoly Yakovenko Thinks His Phone Is the Tool for a Mobile Web3 Experience
The Solana protocol faces a massive challenge in convincing people to use its phone to do things they can do with existing phones.
Market Wrap: Bitcoin Dull as Drama (Not the Kind You Want) Comes to Axie
Bitcoin trades flat around $19K (with the lowest volatility in two years), while Axie tumbles amid news of token unlocking. PLUS: Analyst Glenn Williams Jr. urges caution when interpreting bitcoin’s MVRV Z-score.
