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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.
Bitcoin Above $22K Ahead of Ethereum Merge; Will the ‘Flippening’ Eventually Happen?
ConsenSys Head Economist Lex Sokolin joins “First Mover” to discuss impacts of the Ethereum Merge on ether (ETH) price, and the significance of reducing energy consumption for future Web3 developments. Plus, his thoughts on whether ether will eventually flip bitcoin (BTC).
First Mover Americas: Countdown's On for Ethereum Merge, but Price Is Slipping Versus Bitcoin
The latest price moves in crypto markets in context for Sept. 12, 2022.
Ether Lags Bitcoin as Ethereum Merge Nears; Here's Why
With the ETH/BTC ratio trading at previous highs, some have started to unwind their long ETH/short BTC trade, one researcher said.
Analysts Warn of Headwinds as Cryptos Gain Ahead of CPI Data, Luna Classic Pares Rally
U.S. inflation data for August will be released Tuesday, and some economists expect it to show that price growth slowed for a second straight month.
First Mover Asia: Bitcoin Holds Steady Above $21K; DeFi Platform Forward’s $5M Funding Round Highlights Crypto’s Growth in Thailand, but Regulation Lags
Two of Thailand’s largest banks participated in the round, but the country also faces a major obstacle keeping its best tech talent.
Market Wrap: Bitcoin Notches Biggest Gain in 6 Months as Price Soars
Traders appear to be shrugging off interest rate fears as they wait for more inflation data next week
First Mover Americas: Bitcoin Jumps Most in Six Months, as 'Powell Pivot' Speculation Returns
The latest price moves in crypto markets in context for Sept. 9, 2022.
Crypto’s S&P 500: CoinDesk Unveils Broad-Market, Digital-Asset Index
The CoinDesk Market Index is first in a family of nine new price indexes built around the media company's Digital Asset Classification Standard for categorizing bitcoin, ether and other digital assets.
First Mover Asia: Crypto Legislation, Enforcement Highlight a Busy Fall for Financial Regulators; Bitcoin Holds Steady Over $19K
South Korea, Thailand and Singapore will be addressing legal action, legislation and other issues in the coming months.
Market Wrap: Bitcoin Up Slightly Despite Fed Chairman's Hawkish Comments
BTC remains resilient despite the challenging macroeconomic conditions.
