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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: Fifth Day of Declining Bitcoin Price Has Some Traders Looking Out Below
The latest price moves in crypto markets in context for Aug. 18, 2022.
First Mover Asia: Celsius Token Price Rise Pegged to Market Dynamics Rather Than Fundamentals; BTC Retreats Again
The price of the troubled crypto lending platform's CEL has been rising, to many observers' puzzlement; ether falls.
Market Wrap: Bitcoin, Ether Prices Slide for Fourth Consecutive Day
Traditional markets were mixed on sluggish July U.S. retail sales.
Coinbase Will Be ‘Meaningful’ Beneficiary of Ethereum Merge, JPMorgan Says
Coinbase's staking offering will drive revenue for the crypto exchange, JPMorgan's equity analyst said.
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Risk assets recently rallied in hopes that inflation has peaked and the Fed would cut interest rates next year. The central bank's monetary tightening has roiled cryptocurrencies.
First Mover Americas: Bitcoin Lower as US Futures Slide; Ether Continues to Steal Crypto Market Share
The latest price moves in crypto markets in context for Aug. 17, 2022.
First Mover Asia: Crypto Can’t Shake the Correlation Narrative; BTC, ETH Sink but Meme Coins Rise
The CEO of options trading platform Tastyworks sees cryptos rebounding only when equities are also rallying.
Market Wrap: Bitcoin's Price Retraces Again, Breaks Below Trendline
BTC declines for the third consecutive day on below-average volume.
Brazil's Largest Investment Bank, BTG Pactual, Launches Crypto Trading Platform
Called Mynt, the product allows customers to trade BTC, ETH, SOL, DOT and ADA.
First Mover Americas: BTC Dips Below $24K as Ether Holds Strength
The latest price moves in crypto markets in context for Aug. 16, 2022.
