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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: Binance Deserves Some Criticisms, but It’s Not a ‘Ponzi Scheme’; Bitcoin Tumbles
Binance CEO Changpeng Zhao has a reasonable point in his lawsuit claiming defamation from a translated Chinese language article title; ether falls.
Market Wrap: Bitcoin Declines Further as Momentum Wanes
BTC is approaching support at about $20.5K; the options market implies concerns of additional price declines.
Coinbase's 20% Decline Leads Crypto Names Lower Following Report of SEC Probe
Bitcoin is lower by 3% on Tuesday, with ether and Solana's SOL down by about 7%.
Ether Chart Outlook Sours as Price Drops Below $1.4K; Fed Angst Weighs
An anticipated interest rate hike seems to be overshadowing Merge optimism.
First Mover Americas: BTC to $15K? As Rally Stalls, Some Traders Fear Another Leg Down
The latest price moves in crypto markets in context for July 26, 2022.
Ether, Solana Lead Losses Among Major Cryptos, Analysts See Further Declines After Fed Rate Hikes
No clear buy signal emerged for bitcoin and a poor macroeconomic situation still dominates, one analyst said.
First Mover Asia: Is DEX Efficiency a Long-Term Threat to Coinbase; Bitcoin Sinks Below $22K
Coinbase’s revenue dwarfs that of the decentralized exchange Uniswap but the two companies are generating roughly the same trading volume; ether plunges.
Market Wrap: Bitcoin Starts the Week in Negative Territory
Bitcoin declines on lower than average volume, offering lower prices but little conviction.
First Mover Americas: BTC and ETH Outperform Traditional Markets in July Despite the Dollar's Strength
The latest price moves in crypto markets in context for July 25, 2022.
First Mover Asia: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors
Cathie Wood’s Ark Invest, ETF issuer Exchange Traded Concepts, Cullinan Associates and Utah-based Refined Wealth Management all significantly added COIN to their portfolios as per June 30 filings.