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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.
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.
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.
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 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.
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.
