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

First Mover Asia: Does Anyone Care Anymore if Bitcoin Dips Below $20K?

The more blasé crypto analysts become about a bitcoin price in the $10,000s, the more it seems like the bottom is in. Plus: The euro on Monday approached parity with the U.S. dollar.

Bitcoin's price action over the past 24 hours. (CoinDesk)

Markets

First Mover Americas: Bitcoin Struggles to Hold $20.5K and Twitter Shares Dip 6%

The latest moves in crypto markets in context for July 11, 2022.

Bitcoin was struggling early Monday. (Pixabay)

Markets

First Mover Americas: Bitcoin’s Bear Cross Is Bullish and a Big June Jobs Beat

The latest moves in crypto markets in context for July 8, 2022.

U.S. payrolls expanded more than expected in June. (Catherine McQueen/Getty images)

Markets

First Mover Asia: Three Arrows Capital Court Order Reveals Interesting Details; Bitcoin Soars Past $21.5K

The Singapore firm’s liquidators must safeguard the company’s assets, which means converting them to tether; ether and other major altcoins rise for a fourth consecutive day.

The value of Three Arrows Capital's Starry Night NFT collection has plummeted. (Getty Images)

Markets

First Mover Americas: ETH Climbs 4% as Traders Are Optimistic About Upcoming Merge

The latest moves in crypto markets in context for July 7, 2022.

The Merge might be helping push ETH's price higher. (Mint Images/Getty images)

Markets

First Mover Asia: How Inaccurate Data Misled Investors to See Massive Outflows From This Crypto Exchange; BTC Holds Steady Over $20K

KuCoin founder Johnny Lyu said those data feeds plus mislabeled, on-chain wallets propagated rumors last week that led to the token exodus; ether rises in Wednesday trading.

(Shutterstock)

Markets

First Mover Asia: Crypto Game Consoles Aren’t Needed as Web3 Gaming Has Workers, Not Gamers; Bitcoin Dips, Then Regains Its Perch Above $20K

Studios are raising significant amounts of capital, but they must build games that do a better job of engaging users; ether and most other major cryptos rise.

Los videojuegos basados en blockchain están al alza. (Fredrick Tendong/Unsplash)

Markets

First Mover Asia: Bitcoin Rebounds Past $20K; China’s Blockchain Revolution Is Missing On-Chain Data

Ether and most other major altcoins regain ground they'd lost in last week's downturn; China companies seem unconvinced by blockchain technology.

Cryptos rebounded in Monday trading. (Markus Spiske/Unsplash)

Markets

First Mover Americas: BTC Struggles to Break $20K as More Lenders Face Trouble

The latest moves in crypto markets in context for July 4, 2022.

(Kris Gerhard/Unsplash)