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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 Americas: Bitcoin Stays Above $19K as US Stocks Futures Slip Ahead of Earnings Reports
The latest price moves in crypto markets in context for Oct. 20, 2022.
First Mover Asia: Why Bridges Are So Vulnerable to Exploit; Bitcoin Falls Under $19K
One crypto developer says that centralization and reliance on private key holders are to blame, not the inherent technology and logic behind the bridges themselves.
Market Wrap: Bitcoin Hovers at $19K to Remain Within Current Range
Ether also trades flat, but other altcoins rise.
First Mover Americas: Bitcoin, Ether Slip as UK Inflation Hits 40-Year High
The latest price moves in crypto markets in context for Oct. 19, 2022.
First Mover Asia: All Eyes on Aptos; Cryptos Trade Down Even as Stocks Rise
Aptos is launching at a time when the only concerns about the price of gas involve petroleum, not the virtual metaphor; bitcoin held comfortably above its recent $19,000 support.
Market Wrap: Crypto Prices Decline Slightly as Trading Volumes Continue to Sag
Bitcoin and ether volatility have also been declining but the futures estimated leverage ratio for both has been rising.
First Mover Americas: Bitcoin Holding Up at $19.5K Despite Bearish Conditions
The latest price moves in crypto markets in context for Oct. 18, 2022.
First Mover Asia: Macau’s Digital Currency Embrace Could Be a Nightmare for Its Casino Industry; Bitcoin Points Upward
The Special Administrative Region passed a bill that would create a legal framework for accepting digital currency, but would also allow China to monitor Chinese nationals visiting Macau; the largest cryptocurrency by market cap is trading above $19.5K.
Market Wrap: Bitcoin and Ether Start the Week Higher
BTC crossed $19,600 at one point but appears likely to continue trading in its recent narrow range.
First Mover Americas: Technical Signs Flashing Green for Bitcoin and Ether, Quant Network's Token Surges 14%
The latest price moves in crypto markets in context for Oct. 17, 2022.
