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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 Slips to $20K as US Inflation Continues to Rise
Bitcoin (BTC) and ether (ETH) tumbled as U.S. August inflation data came in higher than expected. QCP Capital co-founder and CIO Darius Sit discusses a potential bitcoin bottom and his crypto markets outlook. Plus, the current state of institutional investors in Asia.
Market Wrap: US Inflation Data Roils Markets, Bitcoin and Ether Fall
Investors expecting a more significant improvement in inflation data were disappointed and showed it by selling.
First Mover Americas: Bitcoin Tumbles Below $22K on Higher-Than-Expected US Inflation
The latest price moves in crypto markets in context for Sept. 13, 2022.
First Mover Asia: Bitcoin Has Not Bottomed Out, Data Suggests; Ether and Other Altcoins Fall in Monday Trading
A recent report from South Korea-based CryptoQuant outlines a number of price valuation metrics that show bitcoin sinking to as low as $14,500 to $10,000.
Market Wrap: Ether Falls Despite Merge Anticipation; Bitcoin Climbs as Investors Await Inflation Data
The second-largest cryptocurrency declined relative to bitcoin three days ahead of the scheduled Merge.
Bitcoin Rally Continues While Ether Stays Steady Around $1,700
Bitcoin (BTC) rises above $22,000 ahead of the anticipated “Merge” while ether (ETH) lags behind. Observers claim the underperformance of ether stems from traders rotating money out of ether into bitcoin. “All About Bitcoin” host Christine Lee breaks down the Chart of the Day.
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.
