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.

Markets

First Mover Asia: Will Bitcoin Remain in the Doldrums? Signals Are Mixed; Major Cryptos Are Mostly Flat

Analytics platform CryptoQuant believes this week's Consumer Price Index will move markets; bitcoin continues its recent holding pattern on Tuesday.

By James RubinOct 12, 2022

Bitcoin's price has been in the doldrums. (Pixabay)

Markets

Market Wrap: Bitcoin Remains in a Quiet Place Ahead of FOMC Minutes

The largest cryptocurrency by market capitalization continues in a tight range, a little over $19,000.

By Glenn Williams Jr., Jocelyn YangOct 11, 2022

Tuesday was a quiet day for BTC trading. (Kristina Flour/Unsplash)

Markets

First Mover Americas: Once-Bouncing Bitcoin Now Just Rolls Like Ball

The latest price moves in crypto markets in context for Oct. 11, 2022.

By Lyllah Ledesma, Omkar GodboleOct 11, 2022

Markets

First Mover Asia: Influencer Logan Paul’s ‘Bumblebee’ NFT Is Worth More Than $10; Bitcoin Dips Late but Remains Over $19K

The YouTube star has lost money on the NFT but not as much as some observers were saying. Valuations remain subjective even as the market has plummeted.

By James Rubin, Sam ReynoldsOct 11, 2022

Logan Paul Tweet/Twitter Bumblebee NFT Purchase (Twitter.com/@LoganPaul)

Markets

Market Wrap: Bitcoin Trades Flat Ahead of Inflation Report

Unexciting but resilient, bitcoin continues its march between $19,000 and $20,000.

By Glenn Williams Jr., Jocelyn YangOct 10, 2022

Bitcoin remains flat. (Sebastian Huxley/Unsplash)

Markets

Bitcoin y ether caen ligeramente mientras surgen dudas macroeconómicas en el mercado

Un analista cripto afirmó que la caída del mercado está probablemente influenciada por la disminución del riesgo antes de la publicación de los datos de inflación del jueves.

By Jocelyn YangOct 10, 2022

El gráfico de la cotización de bitcoin en las últimas 24 horas muestra una ligera caída hacia US$19.000. (CoinDesk)

Markets

Bitcoin and Ether Fall Slightly as Macro Clouds Loom Over Market

The market downturn is likely influenced by some de-risking ahead of Thursday's release of inflation data, one crypto analyst says.

By Jocelyn YangOct 10, 2022

Markets

First Mover Americas: Bitcoin Stable Around $19K as Inflation, Earnings Haunt Traditional Markets

The latest price moves in crypto markets in context for Oct. 7, 2022.

By Lyllah Ledesma, Omkar GodboleOct 10, 2022

Markets

First Mover Asia: Tough Week for Layer 1 as Solana, BNB Chain Suffer Outages; Bitcoin Trades Flat as October Doldrums Continue

The problems both protocols suffered are reminders that neither is really decentralized, and that they are not yet true challengers to Ethereum; ether and other altcoins trade sideways.

By James RubinOct 10, 2022

Two Layer 1 protocols had a difficult week. (Ivana Cajina/Unsplash)

Markets

Market Wrap: Bitcoin, Other Risk Assets Fall Again Following Disappointing Jobs Data

Investors are nervous about rampant inflation prompting yet another massive rate hike by the Fed, and the economic damage that might cause.

By Glenn Williams Jr., Jocelyn YangOct 7, 2022

Bitcoin fell as markets digest an increased likelihood of a 75 basis point interest rate hike. (Charl Folscher/Unsplash)