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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.
Market Wrap: Bitcoin Takes Investors on a Wild Ride
Prices shoot higher intraday on high volume, only to reverse course later in the day.
First Mover Americas: Bitcoin Regains $20K, Bucking the Swoon in Stocks
The latest price moves in crypto markets in context for Sept. 27, 2022.
First Mover Asia: Cryptos Rise, Even as Stocks Falter; Token2049 Conference Signals Singapore’s Resurgence as a Crypto Hub
More than 7,000 people representing over 2,000 companies are scheduled to attend; Hong Kong plays catch-up. Bitcoin trades over $19,00 again.
Market Wrap: Bitcoin Pushes Higher as Traditional Markets Decline
Fear of a global recession impact equities and fiat currencies.
First Mover Americas: Bitcoin Up Slightly After Hitting Weekend Lows on Recession Fears
The latest price moves in crypto markets in context for Sept. 26, 2022.
First Mover Asia: Bitcoin Sticks Near $19K; the Most ‘Profitable’ Mining GPU Makes You Back Your Money in 3 Years
Ether and other major cryptos spend much of the weekend in the red to close a turbulent week.
Market Wrap: Bitcoin Drops Below $19K Amid Ongoing Volatility
Macroeconomic uncertainty continues to hobble crypto prices.
First Mover Americas: Bitcoin Hanging Tough as Stocks Slide
The latest price moves in crypto markets in context for Sept. 23, 2022.
First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K
The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%.
Market Wrap: Bitcoin Holds Over $19K, Continues Wild Ride
Both bitcoin and ether saw wide swings in price over the past day.
