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

Post-Merge Ether Will Be a Commodity-Linked Bond, Could Rally to $10K, BitMEX Co-Founder Says

The post-Merge bond-like appeal and ESG-compliant label would make ether more attractive than other layer 1 cryptocurrencies, according to BitMEX co-founder Arthur Hayes.

(Pixabay, modified by CoinDesk)

Tech

Thousands of Ether From Ronin Exploit Moved to Tornado Cash, Data Show

More than 2,001 ether were moved Monday from addresses connected to the $625 million exploit, with about 70% passing to the privacy tool in the early hours, on-chain data show.

Hacker (Getty/Seksan Mongkhonkhamsao)

Markets

First Mover Asia: DBS Bank's Ditching Retail Exchange Delivers a Small Blow to OSL, Less so to Singapore's Crypto Industry; Bitcoin Rises Late Sunday

Even after the news broke, the stock of OSL's parent, BC Technology Group, continued its week-long winning streak on the Hong Kong markets, rising 5%; bitcoin and ether are up.

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Markets

Market Wrap: Bitcoin Rebounds Amid Lower Volatility, Altcoins Outperform

AAVE rallied by 20%, compared with a 4% gain in ETH and 9% rise in SOL on Friday.

Cryptos rebounded after Thursday's dip. (Markus Spiske, Unsplash)

Finance

First Mover Americas: Bitcoin's Risk-Off Rally

The latest moves in crypto markets in context for April 1, 2022.

The only thing exuberant about bitcoin's latest rally is the price going up. (Creative Commons)

Markets

First Mover Asia: Tailwinds for South Korea's Crypto Industry; Bitcoin, Ether Plunge

The report earlier this week of SK Group's $1.6 billion investment over the next three years on semiconductors and blockchain follows a presidential campaign that made crypto-friendly policies an important issue; major altcoins also decline.

Gyeongbokg palace in Seoul. (Image credit: Chan Young Lee/Unsplash)

Policy

The UK Wants to Regulate Crypto: Here's What That Could Look Like

The government is set to reveal its regulatory package for crypto in the coming weeks.

The UK flag (Daniel Kaesler/EyeEm via Getty Images )

Finance

First Mover Americas: Ether-Bitcoin Ratio on Track for Monthly Gain

The latest moves in crypto markets in context for March 31, 2022.

A digital screen displays the price of cryptocurrency Ethereum to U.S. dollar in Hong Kong, China, on Friday, March 25, 2022. Bitcoin climbed to more than $44,000 for the first time in almost a month, breaking out of its recent narrow trading range amid a renewal of risk appetite. Photographer: Paul Yeung/Bloomberg via Getty Images