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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.
Cryptocurrencies XRP, MKR Shine as BTC, ETH Hold Steady Ahead of US Inflation Data
XRP climbed above its 200-day moving average while MKR hit a three-week high. A higher-than-expected figure for core PCE, the Fed's preferred measure of inflation, may inject volatility into markets.
First Mover Asia: IOTA’s Shimmer Joins the Race to Become the Next Big Blockchain; Bitcoin Seesaws Before Holding Near $19.5K
The unveiling of the Shimmer blockchain platform comes amid a flurry of such upstarts, each promising to be faster and cheaper than other protocols.
Market Wrap: Bitcoin Showing Potential Signs of an Upswing
Digital asset markets are navigating a challenging environment of high inflation, inverse correlations to the U.S. dollar, increasing interest rates and higher consumer debt.
First Mover Americas: Bitcoin Pushes for $20K Again as Investors Return to Risky Assets
The latest price moves in crypto markets in context for Sept. 29, 2022.
First Mover Asia: Bitcoin Holds Strong Over $19K; Why Is the Dollar Dominating?
The largest cryptocurrency by market capitalization has weathered severe macroeconomic uncertainty in recent weeks to maintain its current threshold,
Is Bitcoin an Inflation Hedge? Investors Are Still Unsure
BTC has risen about 6% over the past week amid growing macroeconomic uncertainty.
Market Wrap: Bitcoin Reverses Course Again, Trades Toward 20-Day Moving Average
Digital asset markets are navigating a challenging environment of high inflation, inverse correlations to the U.S. dollar, increasing interest rates and higher consumer debt.
First Mover Americas: Bitcoin Falls to $18.5K, as Bank of England to Buy Bonds to Stem Crisis in UK
The latest price moves in crypto markets in context for Sept. 28, 2022.
Ethereum Merge Vaults Cryptocurrency Past Bitcoin in Hard-Money Allure
Ether’s drastic reduction in the net inflation rate is attributed to the elimination of mining rewards and the “burning” of transaction fees, experts said.
First Mover Asia: Bitcoin Tumbles After Crossing $20K in Topsy-Turvy Trading; How Chinese Universities Teach Blockchain
The largest crypto by market capitalization had spiked over $20,000 in morning trading.
