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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 Americas: Macro Retakes Front Seat, Pushing Bitcoin Down Below $21K
The latest price moves in crypto markets in context for Aug. 22, 2022.
Ronin Hackers Converted Some Stolen Ether to Bitcoin: SlowMist Researcher
The exploiters converted their ill-gotten gains initially to ether and then to bitcoin before using sanctioned mixers to mask their identities.
First Mover Asia: Bitcoin Hovers Over $21K in Weekend Trading; India Crypto Industry's Challenging Year
High German inflation and ongoing macroeconomic uncertainty raised market anxieties on Friday. Investors will be eyeing comments by Fed Chair Jerome Powell in a few days at a U.S. central bank symposium in Wyoming.
Market Wrap: Bitcoin’s Price Plummets on Global Inflation Concerns
The decline in crypto prices appears to be linked to poor inflation data in Germany
Bitcoin Retraces 3 Weeks of Gains as Analysts Blame Macroeconomic Turmoil
Bitcoin is holding at around $21,340 after slumping for the sixth consecutive day.
First Mover Americas: Fear Returns to Crypto Markets as Bitcoin Plunges Most in 2 Months
The latest price moves in crypto markets in context for Aug. 19, 2022.
Bitcoin Plunges Most in 2 Months, Dashing Recovery Hopes
The leading cryptocurrency by market cap tumbles in sync with traditional markets after Germany reports record producer price inflation at 37%.
First Mover Asia: Bitcoin Sinks Below $23K; South Korea's Bumpy Crypto Path Forward
The largest cryptocurrency in market value fell late in the day to continue its recent losing streak.
Market Wrap: Bitcoin Pauses Losing Streak but the Trend Is Still Not Bullish
BTC, while higher, is still being outpaced by ether thanks to continued enthusiasm about the Ethereum Merge expected next month.
CME Group Adds to Crypto Offerings With Ether Options
The exchange will allow traders to make bets and manage risk ahead of the Ethereum Merge.
