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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: Bitcoin Is Upbeat Above $20K as Investors Grow Optimistic That Steep Rate Hikes Will Soon End; Kim Kardashian and the SEC's Publicity Grab
Crypto and other markets responded favorably to a surprisingly large decline in U.S. job openings, which offer the latest evidence of economic slowing.
Market Wrap: Markets Seem Hopeful the Fed Will Temper Rate Increases That Crushed Prices
Unexpectedly poor data on U.S. job creation spurs speculation the worst of the bear market may be over.
First Mover Americas: Bitcoin Busts Past $20K on Hopes of Fed Pivot
The latest price moves in crypto markets in context for Oct. 4, 2022.
First Mover Asia: Bitcoin Climbs Back Past $19.5K Amid Fresh Hopes for a Fed Retreat; Binance's Failed Plan to Boost the Price of Luna Classic
The largest cryptocurrency by market capitalization and ether both spent much of Monday in the green.
Market Wrap: Bitcoin and Ether Kick Off Week in Positive Territory
“Whale” investors moved a large amount of bitcoin off exchanges, which is often a bullish signal, showing investors are more interested in holding on to their bitcoin.
First Mover Americas: Bitcoin Remains Above $19K as Long-Term Holders Stay the Course
The latest price moves in crypto markets in context for Oct. 3, 2022.
First Mover Asia: Bitcoin Sees No October Rise Yet; the Dollar as the Protocol in the Future of Money?
The largest crypto by market capitalization was down slightly in the opening days of the historically strong month for its price.
Sorry, Ether: Sound Money Doesn’t Exist and Neither Does 'Ultra' Sound Money
Sound money should reliably store value over time. No currency – not bitcoin, not ether, not the U.S. dollar – seems to be doing that these days.
Market Wrap: Bitcoin Holds Strong Above $19.5K as Investors Chew Over Latest Price Data
The largest cryptocurrency by market capitalization rose over $20,000 at one point in choppy trading; ether ticks upward.
First Mover Americas: Bitcoin to Post Sixth Straight September Loss, but LINK and UNI Manage Gains
The latest price moves in crypto markets in context for Sept. 30, 2022.