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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 Breaks Above $23K as Investor Fears Recede
The Crypto Greed & Fear Index climbed to 30, its highest point since April.
Ether Breaches 50-Day Average for First Time Since April; Bitcoin Lags
Ether's bounce above the 50-day average may be fleeting, one chartered market technician said.
First Mover Americas: BTC Holds $22K and ETH Takes Center Stage Again
The latest price moves in crypto markets in context for July 19, 2022.
Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO for DAI
The expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether.
First Mover Asia: BTC Spikes Over $22.8K; DappRadar’s Complicated Valuation Model and the Difficulties of Assessing NFTs
Bitcoin and major altcoins continued their late weekend rally; NFTs are an asset class where value has yet to be clearly defined.
Market Wrap: Bitcoin Sees Best Day in Over a Month
BTC climbed to $22,753, its highest level since mid-June.
Ether Futures See $230M in Liquidations as Merge Pushes ETH to $1.5K
Ether (ETH) price briefly climbed above $1,500 as the merge approaches. “The Hash” panel discusses the outlook on ether’s future and debate whether the price gain is a fake pump in the bear market. Plus, a conversation on proof-of-stake blockchain’s environmental impacts.
Options Signal Ether Strength for First Time in 6 Months
Some traders are buying large amounts of call options, one market observer said.
First Mover Americas: Bitcoin Has Best Day in a Month, but Ether’s Getting Even More Love
The latest price moves in crypto markets in context for July 18, 2022.
Ether Futures See $230M in Liquidations as Merge Pushes ETH to $1.5K
Shorts took on the most losses as buying pressure built up on ether over the weekend.
