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

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)

Markets

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.

GMX tokens are serving as a proxy bet for Arbitrum investors. (Jason Briscoe/Unsplash)

Markets

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.

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Markets

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.

Ether shows more price movement than bitcoin. (Towfiqu Barbhuiya/Unsplash)

Markets

First Mover Americas: Ether Outshines Bitcoin as Ethereum Merge Nears

The latest price moves in crypto markets in context for Sept. 6, 2022.

ETH was up 7% over the last 24 hours, outperforming BTC. (Chris Gorman/Getty Images)