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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.
Derivative Volumes of Ether Surpass Bitcoin Ahead of Merge; Here's Why
Traders are increasingly deploying two strategies that utilize futures ahead of the Ethereum Merge, leading to a surge in ether futures volumes.
First Mover Asia: The Michael Saylor Tax Case and What It Means; Bitcoin Wrestles With $20K
The MicroStrategy executive chairman says the District of Columbia’s scrutiny of his tax residency is wrong, but the filing has deeper significance.
Market Wrap: Bitcoin Struggles to Hold $20K for the Foreseeable Future
The largest cryptocurrency in market value toggled above and below the psychologically important threshold.
Rubicon CEO: ‘Optimistic’ for Strong ETH Performance
Rubicon Crypto co-founder and CEO Greg Johnson explains why he is “optimistic” for strong ether (ETH) performance ahead of the anticipated merge. Plus, why the shift from proof-of-work to proof-of-stake is more significant than a short-term price change.
First Mover Americas: Bitcoin Drops Below $20K, Michael Saylor Sued for Tax Fraud
The latest price moves in crypto markets in context for Sept. 1, 2022.
Potential Ethereum Hard Fork Token ETHPOW May Trade at 1.5% of Ether's Price, Futures Suggest
Paradigm expects the token will open at least $18.
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.
