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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.
Ether, ADA Lead Steep Crypto Slide Amid Dollar Strength
Some analysts said impending monetary tightening could add to a global rout across major asset classes such as equities and crypto.
First Mover Asia: Binance’s USDC Swap Out Isn’t What You Think It Is; What's Behind Bitcoin's Late Dive?
The exchange is hoping to generate one big pool for USD stablecoins to be used for trading and powered by Binance’s USD stablecoin; bitcoin drops below $19K.
Market Wrap: Bitcoin Takes Late Dive Below $19K, Ether Falls as Merge Countdown Begins
The largest cryptocurrency by market capitalization was down more than 4% over the past 24 hours.
First Mover Americas: Ether Outshines Bitcoin as Ethereum Merge Nears
The latest price moves in crypto markets in context for Sept. 6, 2022.
7 Trends That Could Reignite Crypto Growth
Bernstein, an investment firm, lists its ideas, starting with the Ethereum blockchain's Merge.
DeFi Giant Aave Stops Loaning Ether Ahead of the Merge
The Aave community is worried that users may increasingly borrow ether ahead of the Merge, exposing the protocol to liquidity issues and injecting volatility into Lido's staked ether market.
First Mover Asia: Ethereum's Merge Starts to Hit Gaming Chip Prices
Prices for graphics processing units for personal computers are tumbling ahead of the Ethereum blockchain's upcoming shift, which is already reducing demand for chips from cryptocurrency miners.
First Mover Americas: Bitcoin Languishes Below $20K as Energy Crisis in Europe Worsens
The latest price moves in crypto markets in context for Sept. 5, 2022.
Citi: Ether Extends Rally Ahead of the Merge Despite Bitcoin Weakness
There are key differences between previous upgrades to the Ethereum blockchain and now because, for the first time, digital assets are facing tightening financial conditions, the bank said.
Ether Primed for Pre-Merge Rally After Wedge Breakout
Ether looked north, having exited a falling wedge pattern last week, analysts said. Buyers remained on the sidelines early Monday as Europe's worsening energy crisis zapped risk appetite.
