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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: Waves Founder Defends USDN Stablecoin Depegging, Trashes Fears of a UST-Like Implosion; Bitcoin Burrows in Above $20K
Sasha Ivanov told CoinDesk the USDN model uses four tokens to supply liquidity and to help the stablecoin retain its $1 peg.
Market Wrap: Bitcoin's Price Rises Amid Uncertainty
The price appears to be both undervalued and range-bound.
First Mover Americas: A Bleak Month for Crypto as Bitcoin Slides, Ether Stalls and Solana Tanks
The latest price moves in crypto markets in context for Aug. 31, 2022.
First Mover Asia: Bitcoin Claws Back Above $20K; Singapore Bank Head’s Speech Reflects Growing Crypto Hostility
In his speech, Ravi Menon spoke in favor of digital asset innovation but not cryptocurrency speculation. But the Monetary Authority of Singapore’s approach may not be realistic.
Market Wrap: Bitcoin's Price Retreats Along With Stocks
Risky assets fall as Germany reports inflation at a 50-year high.
First Mover Americas: Bitcoin Holds $20K Level; Altcoins Recover as Market Sentiment Improves
The latest price moves in crypto markets in context for Aug. 30, 2022.
Ether, Bitcoin Could See Turbulence as Open Interest Leverage Ratio Soars to Record High
"The rising ratio indicates open interest is outpacing market size and increases the risk of volatility," one researcher said.
First Mover Asia: Taipei Blockchain Week Imperiled by Government’s COVID-19 Quarantine; Bitcoin Rebounds Above $20K
Taipei Blockchain Week organizers are exploring the use of residency visas for potential attendees and are optimistic they will hold a successful event; ether climbs to about $1.5K.
Market Wrap: Bitcoin and Ether Rebound Halts 3-Day Losing Streak
The cryptocurrencies rise even as stocks decline.
First Mover Americas: Bitcoin Bounces to $20K as Dollar Recedes From 20-Year High; Equity Futures Slide
The latest price moves in crypto markets in context for Aug. 29, 2022.
