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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.
Market Wrap: Bitcoin and Other Cryptos Gain for Second Straight Week
Digital assets have been rallying despite the Fed’s rate hike and the decline in GDP.
First Mover Americas: Bitcoin Heads for Best Month Since October as PCE Inflation Surprises
The latest price moves in crypto markets in context for July 29, 2022.
First Mover Asia: Bitcoin’s Recent Gains Have Been Small. What Will Drive Its Price Higher?
The U.S. economy seems headed for recession, if it's not already there. But it's difficult to predict how BTC and other cryptos will perform in the weeks ahead.
Market Wrap: Bitcoin Pushes Higher Despite Negative GDP Report
Growth in the U.S. economy slows, the yield curve inverts but markets rise anyway.
First Mover Americas: No Recession for Bitcoin as U.S. GDP Shrinks, Zipmex Files for Bankruptcy
The latest price moves in crypto markets in context for July 28, 2022.
Interest in Ether Options Rises to Record as Traders Bet on 'Merge'
"A few hedge fund names have been large buyers of the ETH calls," one trading firm noted.
Ether Dominates Futures Trading as Shorts See $200M in Liquidations
Crypto markets jumped after the U.S. Federal Reserve’s decision to hike rates by 75 basis points. The move caught short traders by surprise.
First Mover Asia: Crypto Companies Struggle With Layoffs, but Some See Opportunity to Add Talent; BTC, ETH Soar After Fed Rate Hike
The bear market has forced multiple organizations to cut their workforces, hurting morale and weakening the companies.
Market Wrap: Crypto Markets Trade Higher as Fed Raises Rates by Expected Amount
Investors had already largely priced in the U.S. central bank’s 75-basis point hike.
First Mover Americas: Crypto Traders Await Fed Meeting, Bitcoin Rises, Cathie Wood's Ark Dumps Coinbase Shares
The latest price moves in crypto markets in context for July 27, 2022.
