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.

Markets

First Mover Asia: Bitcoin Soars Past $24K on Favorable CPI; Governments Focus Too Much on Crypto’s Economic Importance, Australia Academics Argue

Professors from The University of Sydney say that as governments consider different initiatives, they are overlooking crypto’s social and cultural significance.

By Shaurya Malwa, James RubinAug 10, 2022

Bitcoin is up more than 10% over the the past week. (jayk7/Getty Images)

Markets

Market Wrap: US Inflation Slows, Crypto Markets Accelerate

Bitcoin jumped sharply on CPI news before moderating.

By Glenn Williams Jr., Jimmy HeAug 10, 2022

Aparte de reducir el consumo de energía, ether está demostrando que también es más resistente a la inflación. (Timón Studler/Unsplash)

Markets

First Mover Americas: Bitcoin Jumps After Core CPI for July Comes In Lower Than Expected

The latest price moves in crypto markets in context for Aug. 10, 2022.

By Lyllah Ledesma, Omkar GodboleAug 10, 2022

Bitcoin jumped to $23,500 Wednesday shortly after the release of the U.S. CPI for July. (Denny Luan/Unsplash)

Markets

First Mover Asia: Bitcoin Snaps Its 4-Day Rally Tuesday; Troubles in Cryptoland? Not at South Korea's Muted Mega-Blockchain Week

The Seoul-based event has offered a welcome return to in-person interaction but failed to tackle the industry's most burning themes or challenge its panelists.

By Sam Reynolds, James RubinAug 9, 2022