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.


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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,

Bitcoin and other cryptos have proven resilient in recent weeks. (Getty Images)

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Is Bitcoin an Inflation Hedge? Investors Are Still Unsure

BTC has risen about 6% over the past week amid growing macroeconomic uncertainty.

Bitcoin's price chart shows a slight rebound on Wednesday. (CoinDesk)

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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.

The 10 spot bitcoin ETFs on Monday experienced their first net inflows in a week (Jim Wilson/Unsplash)

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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.

Besides reducing energy consumption, ether is also proving to be more inflation resistant. (Timon Studler/Unsplash)

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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.

Bitcoin jumped early Tuesday before falling into the red. (Shutterstock)

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Market Wrap: Bitcoin Takes Investors on a Wild Ride

Prices shoot higher intraday on high volume, only to reverse course later in the day.

Bitcoin jumps early before going lower. (Jordan Heinrichs/Unsplash)

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First Mover Americas: Bitcoin Regains $20K, Bucking the Swoon in Stocks

The latest price moves in crypto markets in context for Sept. 27, 2022.

(Midjourney/CoinDesk)

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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.

Singapore's skyline (Shutterstock)

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Market Wrap: Bitcoin Pushes Higher as Traditional Markets Decline

Fear of a global recession impact equities and fiat currencies.

(Midjourney/CoinDesk)