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.


Markets

BTC's Trendline Breakout Exposes $70K Hurdle, ETH Holds 200-Day Average

BTC blows past downtrend line from late September highs, with $62,000 as key support.

(Alin Andersen /Unsplash)

Markets

First Mover Americas: Bitcoin Trims Thursday's Inflation-Led Losses

The latest price moves in crypto markets in context for Oct. 11, 2024.

BTC price, FMA Oct. 11 2024 (CoinDesk)

Markets

Bitcoin Favored Over Ether Even as Trump Widens Lead Over Harris

Ether traders display a stronger inclination to mitigate potential downside risks than bitcoin,

(Kevin Ku/Unsplash)

Markets

First Mover Americas: Bitcoin Returns to $61K Ahead of September CPI Report

The latest price moves in crypto markets in context for Oct. 10, 2024.

BTC price, FMA Oct. 10 2024 (CoinDesk)

Markets

Bitcoin, Ether Nurse Losses as Dollar Strengthens Ahead of U.S. Inflation Report

A hotter-than-expected inflation report would weaken the case for Fed interest-rate cuts.

BTC, ETH drop as the dollar index rallies. (TradingView/CoinDesk)

Markets

Bitcoin Dips Below $61K, Ether Slips 3% as Some PlusToken China Ponzi-Related Coins Moved to Exchanges

One observer noted 7,000 PlusToken-related ETH transferred to crypto exchanges on Wednesday, raising concerns about potential selling pressure.

Bitcoin price on 10 09 (CoinDesk)

Markets

First Mover Americas: Crypto Market Muted After HBO Satoshi Reveal Falls Flat

The latest price moves in crypto markets in context for Oct. 9, 2024.

BTC price, FMA Oct. 9 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Drops as China's Stimulus Plans Disappoint

The latest price moves in crypto markets in context for Oct. 8, 2024.

BTC price, FMA Oct. 8 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Tests $64K Ahead of Busy U.S. Economic Data Week

The latest price moves in crypto markets in context for Oct. 7, 2024.

BTC price, FMA Oct. 7 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Bounces From $60K

The latest price moves in crypto markets in context for Oct. 4, 2024.

BTC price, FMA Oct. 4 2024 (CoinDesk)