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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: Spot Bitcoin ETFs Are Launching in Australia but Elsewhere They Face Brutal Fund Outflows
Australia follows a lengthy list of spot bitcoin issuances in Europe and Canada, but these products come at a challenging time for crypto; bitcoin and ether drop.
First Mover Asia: Slow Start to the Week for Crypto as China Lockdowns Drag on Stocks, S&P 500
Major equity markets in Asia have declined significantly in recent months, and bitcoin has followed a similar pattern.
GPUs Get Cheaper as Ethereum’s Switch to Proof-of-Stake Gets Closer
The network's planned switch to PoS has been pushing prices for graphics cards down.
First Mover Asia: The Metaverse Is Subject to Earth’s Boring Old Rules
GameFi adoption has been hitting obstacles worldwide, including in China and South Korea, because of laws about converting in-game tokens to currency.
Market Wrap: Cryptos Slip as Bitcoin Struggles to Hold $40K
BTC declined by as much as 4% over the past 24 hours, compared with a 2% dip in ETH.
Crypto Traders Find Ether Options Attractive as 'Implied Volatility' Slides
It makes sense to buy options as volatility is so low, one observer said.
First Mover Asia: A Year After Coinbase's IPO, Most Listed Crypto Firms Are Under Water Compared With Bitcoin's Performance; BTC Retreats From $42K
Fed Chair Jerome Powell suggested a series of interest-rate increases that might be higher than the usual 0.25 percentage point.
First Mover Asia: Bitcoin 'Minnows' Are Punching Above Their Weight Class; BTC Holds Around $41,500, APE Surges on Rumors
Indecisiveness ruled markets Wednesday as bitcoin flipped between gains and losses on the day.
Bitcoin's Quick Reversal of Two-Day Rally Leaves Price Back at $41K
Bitcoin analysts are still long-term bullish even as the cryptocurrency gives up gains from the past two days.
First Mover Asia: Is Germany Really the Most Crypto-Friendly Jurisdiction? Maybe Not; Bitcoin Gains
BTC is continuing its recovery from a five-week low on Monday.
