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: 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.

By Sam Reynolds, James RubinJul 7, 2022

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.

By Lyllah LedesmaJul 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.

By Shaurya Malwa, James RubinJul 6, 2022

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.

By Sam Reynolds, James RubinJul 5, 2022

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.

By Sam Reynolds, James RubinJul 5, 2022

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.

By Lyllah LedesmaJul 4, 2022

Markets

Bitcoin Recovers to Over $19K, Nomura Warns of US, UK Recession

The firm also warned of a recession in the eurozone and Asia Pacific, which could influence crypto prices.

By Shaurya MalwaJul 4, 2022

Small Shrinking Currency Dollar in Inflation (iStock)

Markets

First Mover Asia: Singapore’s Monetary Authority Finally Notices Three Arrows’ Capital AUM Discrepancy; Bitcoin Holds Above $19K in Weekend Trading

The Monetary Authority of Singapore’s reprimand of the crypto hedge fund for providing misleading information may only be a first step.

By Sam Reynolds, James RubinJul 3, 2022

Markets

Futuros de bitcoin y ether acumulan casi $200M en liquidaciones por estrangulamiento de posiciones cortas

La volatilidad de los precios resurgió a medida que se renovaron los signos de recesión inminentes entre los inversores, dijo un analista.

By Shaurya MalwaJul 1, 2022

Markets

First Mover Asia: Speculating on Tokenized Carbon Offsets Won't Help Climate Crisis, Says Consultant; BTC Falls Under $19K Amid Wider Crypto Woes

A significant number of carbon credits are from projects 8-10 years old; Ether and other major altcoins plummet.

By Sam Reynolds, James RubinJun 30, 2022