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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: Metaverse ETFs Are Underperforming Gaming ETFs; Cryptos Return to the Red
Public interest continues to grow about the metaverse, but not as much in metaverse ETFs. Does crypto belong in everything?

First Mover Asia: Singapore’s Regulators Will Be Eyeing Local Crypto Companies After Terra Collapse; Bitcoin Rebounds
Terraform Labs, the Singapore-registered company behind the Terra protocol, doesn’t have a permanent office in the city-state; most major cryptos spent Sunday in the green.

Market Wrap: Cryptos Are Higher After a Volatile Week
Some analysts remain cautious and expect lower price returns for bitcoin over the next few months.

Crypto-Related Stocks in Asia See Volatile Trading Amid Bitcoin Recovery
Traditional market investors risked off publicly traded companies related to the crypto sector amid a drop in prices this week.

First Mover Asia: Terra’s Planetary Collapse Is Taking Down Crypto Lending, Altcoins Plummet
Data suggests that many traders are moving their assets from DeFi platforms; bitcoin rallies after falling below $26,000 in Thursday trading.

Market Wrap: Bitcoin Stabilizes as Altcoins Underperform; Expect More Volatility
Analysts expect greater price swings because of macroeconomic risks and ongoing stablecoin woes.

Brazil’s Largest Brokerage, XP, Set to Launch Crypto Trading Feature
Built on Nasdaq's trading technology, the platform will allow users to buy bitcoin and ether.

Ether Futures Lead $1.2B in Liquidations, Crypto Market Cap Drops 16% Overnight
The past 24 hours were among of the biggest crypto market drops in recent months.

First Mover Asia: Bitcoin at 16-Month Low as UST Collapse Shows Risks of 'Algo' Stablecoins
A number of algorithm-based stablecoins have already failed; bitcoin and other cryptos see deep red.

Nubank, Brazil’s Largest Digital Bank, Launches Bitcoin and Ether Trading
The trading and custody service is being provided by blockchain infrastructure company Paxos.
