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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: BTC Flirts With $68K Amid ETF Inflows
The latest price moves in crypto markets in context for Oct. 18, 2024.
Global Bitcoin ETPs Register Biggest Seven-Day Inflow Since July
In the past four trading days, Bitcoin ETFs have purchased around 48 days of the mined bitcoin supply.
Staked Ether Is Creating a Benchmark for the Crypto Economy, Says ARK Invest
The growing use of stETH in DeFi protocols means ether’s yield is slowly taking the role of the federal funds rate in the crypto ecosystem, according to a report from Ark Invest.
First Mover Americas: Bitcoin Recedes to $67K as Crypto Market Sees Slight Dip
The latest price moves in crypto markets in context for Oct. 17, 2024.
Bitcoin Tops $68K, With Dominance Over Crypto Market Hitting New Cycle High
Ether has outperformed bitcoin in just seven of the last 23 months.
First Mover Americas: Bitcoin Moves Above $68K Amid Renewed Bullishness
The latest price moves in crypto markets in context for Oct. 16, 2024.
Why the $172B Stablecoin Market Could Send Crypto Prices Higher
The stablecoin market isn’t unlike Berkshire Hathaway’s enormous cash stash – it’s sitting there ready to be deployed, according to CoinMarketCap’s Alice Liu.
First Mover Americas: Bitcoin Takes Bull Breather
The latest price moves in crypto markets in context for Oct. 15, 2024.
First Mover Americas: Bitcoin Nears $65K as Chinese Stocks Rebound
The latest price moves in crypto markets in context for Oct. 14, 2024.
Monochrome’s First Spot Ether ETF to Go Live on Tuesday
The launch of Monochrome Ethereum ETF follows the crypto investment firm's spot bitcoin ETF, which went live in August.
