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 Americas: Bitcoin Back Over $19K as ECB Goes for Record Interest-Rate Hike

The latest price moves in crypto markets in context for Sept. 8, 2022.

European Central Bank officials laid out objectives for its retail digital euro as its two-year CBDC experiment continues. (Raimund Linke/ Getty)

Markets

Ethereum Merge May Not Be Immediately Deflationary, Crypto Trading Firm QCP Says

While the Merge is likely to cause a reduction in ether's supply, making it a deflationary asset, low network usage may delay the expected bullish effect.

Crypto winter may delay ether's anticipated post-Merge evolution as a deflationary asset (Pixabay)

Finance

Crypto Exchange Coinbase to Benefit Near Term From Staking Revenue After Ethereum's Merge, Goldman Says

The company could generate $250 million to $600 million in incremental staking revenue from ether, the bank said.

Brian Armstrong Chief Executive Officer CEO & Co-Founder of Coinbase speaks at Consensus 2019 (CoinDesk)

Markets

First Mover Asia: Why DeFi Is Targeting the Institutions It Wanted to Topple; Crypto Prices Rally

Institutional DeFi is growing at a rapid pace and some research firms say this niche sector will attract over $1 trillion in investment capital over the next five years; bitcoin rebounded above $19K.

DeFi is targeting institutional investors. (Shutterstock)

Markets

Market Wrap: Bitcoin Inches Higher but Sluggish Volume Shows Reluctance to Invest

While BTC technical indicators are signaling traders to buy, Fed actions and the strength of the U.S. dollar suggest that traders should wait.

Trading volume for BTC was sluggish. (Jorge Coromina/Unsplash)

Videos

Exploring the Regulatory Impact of Upcoming Ethereum Merge

Could the upcoming Ethereum Merge change the nature of ether (ETH) from a commodity to a security? Prime Trust VP Jeremy Sheridan discusses the legal considerations of the merge and how it might shape the future of the U.S. crypto regulatory framework. Plus, he reacts to Celsius’ lawsuit against Prime Trust.

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Videos

Laura Shin on Why Ethereum Merge Is Significant for the Crypto World

The anticipated Ethereum Merge is expected to be completed around mid September. Crypto podcaster and author Laura Shin joins “First Mover” to discuss the significance of the Merge for the crypto world and the public perception of ether (ETH). Plus, key takeaways from her interview with Arthur Hayes.

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Markets

First Mover Americas: Bitcoin Now Below $19K as Merge-Fueled Ethereum Classic Hype Unwinds

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

Ethereum classic(Shutterstock)

Markets

Bernstein: Bitcoin’s Correlation With Other Tokens Will Weaken as Its Dominance Declines

The BTC to ETH market cap ratio has fallen to around 1.9 from as high as 20 in 2016, the report said.

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Markets

Staked Ether Price Discount Widens to Most Since June Ahead of Ethereum Merge

The discount in Lido's staked ether is widening, perhaps due to holders switching to ETH ahead of the Merge.

Lido's staked ether (stETH) token is trading at a 5% discount to ether's price. (Dune Analytics)