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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: 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.
The 'Merge Trade' Has Begun, Experts Say, as Ether Surges and stETH Discount Narrows
"ETH has undergone a rapid change in narrative over the past week, with speculators purely focused on the upcoming 'merge' as a catalyst for appreciation," one observer said.
First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018
The largest cryptocurrency had hovered well above the psychologically important threshold for the previous four days.
First Mover Americas: BTC Nears $21K but DeFi Tokens Steal the Show
The latest price moves in crypto markets in context for July 15, 2022.
DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike
The outperformance of the DeFi coins could be fleeting, given the weak fundamentals.
