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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 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.
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.
Bitcoin, Ether Drop as Analysts Fear Fed Minutes Will Dash Hopes for 2023 Easing
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.
