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 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.

By Lyllah LedesmaJul 18, 2022

ETH outperformed BTC Monday morning, picking up momentum in advance of the network's upcoming "Merge." (Lance Grandahl/Unsplash)

Markets

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.

By Shaurya MalwaJul 18, 2022

Los futuros de ether acumularon la mayor cantidad de liquidaciones en un período de tres meses. (Unsplash)

Markets

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.

By Omkar GodboleJul 18, 2022

Ether rallies as developers confirm tentative date for Ethereum's merge. (CoinDesk, Highcharts.com)

Markets

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.

By James Rubin, Sam ReynoldsJul 17, 2022

The current crypto bear market continues. (mana5280/Unsplash)

Markets

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.

By Lyllah LedesmaJul 15, 2022

BTC holds the $20,500 level and DeFi tokens continue to surge. (Matt Jelonek/Getty Images)

Markets

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.

By Omkar GodboleJul 15, 2022

Prominent DeFi coins take the lead as the crypto market remains resilient to inflation fears. (mibro/Pixabay)

Markets

First Mover Asia: It Won't Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says

The fallout continues from the crypto industry's slump, with fresh filings from Celsius, layoffs at OpenSea and a short squeeze in Voyager's tokens. PLUS: We talked to a Singapore-based lawyer about the Gordian knot that is the Three Arrows bankruptcy case.

By Bradley Keoun, Sam ReynoldsJul 14, 2022

It might be a delicate business untangling the Three Arrows case. (Pixabay)

Markets

First Mover Americas: BTC Shows Resilience Despite Widespread Risk Aversion, Celsius' Bankruptcy Filing

The latest price moves in crypto markets in context for July 14, 2022.

By Lyllah LedesmaJul 14, 2022

Markets

First Mover Asia: M&A Bankers See Crisis as Opportunity, With Celsius and Inflation in Focus

One analyst says "meh" as bitcoin climbs back above $20K as reports surfaced that troubled crypto lender Celsius might be teeing up a bankruptcy filing. Mergers & acquisitions bankers are seeing a slew of deals stemming from the current market crisis.

By Bradley Keoun, Shaurya MalwaJul 14, 2022

Bitcoin climbing over $20K doesn't generate the enthusiasm it once did. (Creative Commons)

Markets

Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed

BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.

By Jimmy HeJul 13, 2022

BTC price plummeted 4.5% minutes after the CPI was released but has since recovered to Tuesday levels.