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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 Americas: Bitcoin Trades Flat While Other Major Cryptos Nurse Losses
The latest price moves in crypto markets in context for Oct. 3, 2024.
First Mover Americas: Bitcoin Returns to $61K After Tuesday's Dump
The latest price moves in crypto markets in context for Oct. 2, 2024.
First Mover Americas: BTC Is Little Changed Following Muted Asia Trading
The latest price moves in crypto markets in context for Oct. 1, 2024.
Cryptocurrencies Continue to Outperform the Stock Market: Canaccord
A potential bitcoin rally could start between now and April if the crypto follows historical patterns post halving, the report said.
First Mover Americas: Bitcoin Drops 3%, Still on Track for Best September Since 2013
The latest price moves in crypto markets in context for Sept. 30, 2024.
First Mover Americas: Bitcoin Nears $66K After Monster ETF Day
The latest price moves in crypto markets in context for Sept. 27, 2024.
First Mover Americas: Bitcoin Regains $64K as ETF Flow Trends Flip Positive
The latest price moves in crypto markets in context for Sept. 26, 2024.
WazirX Hacker Is Almost Done Laundering $230M Stolen Funds
On-chain data shows the hacker, or hacker group, behind the massive theft has almost completed laundering the stolen funds.
First Mover Americas: Bitcoin Retreats Following Ascent to $64K
The latest price moves in crypto markets in context for Sept. 25, 2024.
Ether ETFs Saw Biggest Outflows Since July
Ether ETFs saw their largest net outflows since July, with over $79 million exiting on Monday. The outflows come mostly from Grayscale’s Ethereum Trust, which bled over $80 million according to data from SoSoValue. The outflows came despite the recent rally in ether and the broader crypto market following the Fed rate cut, a sign of waning institutional demand for the world’s second-largest token. CoinDesk's Christine Lee presents the "Chart of the Day."
