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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: Was the Metaverse All Just a Dream?
Bitcoin has fallen for four straight days, but the (small-ish) scope of the price decline offers a reminder of how listless digital-asset markets have suddenly become. Sam Reynolds totes up the losses on metaverse-related tokens.
Market Wrap: Bitcoin Starts the Month in Negative Territory
BTC gives back a bit of last week’s gain on reduced volume.
July Marks Strongest Month of Crypto Fund Inflows This Year: CoinShares
Digital-asset investment products saw inflows of $474 million last month, reversing June’s $481 million of outflows.
First Mover Americas: BTC Retreats From Weekend High of $24K, ETH Options Open Interest Surpasses BTC's on Deribit
The latest price moves in crypto markets in context for Aug. 1, 2022.
Ether Flips Bitcoin in Options Market for the First Time
Put-call ratio has dipped to a yearly low, indicating bullish momentum, Deribit's Luuk Strijers said.
First Mover Asia: BTC Dips Below $23.5K; The Crypto Bear Market Will Test Thailand’s SEC
The country’s market regulator has said that stricter digital asset rules are coming to ensure that investors are protected.
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.
