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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.
Crypto Funds See Outflows as Bitcoin Gets More 'Interest-Rate Sensitive'
Some $97 million flowed out of digital asset funds in the week through April 15.
Ethereum Foundation Holds $1.3B in Ether, $300M in Non-Crypto Investments
Ether held by the non-profit represents about 0.3% of the total ether supply as of March 31, 2022.
First Mover Asia: Bitcoin Minnows Have Pushed the Whales to the Side; Bitcoin, Ether Steady
BTC briefly touched a five-week low around $38,547 early Monday, then bounced and ended the trading day higher.
First Mover Asia: Terra Is 2022’s Version of Corporate Bitcoin Buying; Cryptos Hold Steady in Weekend Trading
The Luna Foundation Guard now holds about $1.7 billion in bitcoin, but crypto markets seem unimpressed with its purchases this year; bitcoin and ether are flat.
First Mover Asia: Taiwan Chip Manufacturer TSMC Remains a Crypto Skeptic; Major Cryptos Decline
The company, which was burned during the last major crypto bear market, did not mention mining in its last earnings report; bitcoin and ether drop.
First Mover Asia: Crypto's Delicate Position in China, India; Bitcoin, Ether Rise
Both countries have increased regulation in recent months, creating a less nurturing environment for the crypto industry; most major cryptos were in the green in Wednesday trading.
Ethereum Merge No Longer Expected in June
According to Ethereum core developer Tim Beiko, the network’s much-anticipated shift to proof-of-stake might not come until the fall.
First Mover Asia: Recycling Bad Actors in Crypto; Bitcoin Holds Below $40K
As traders speculate on the possible economic impact of coronavirus-related lockdowns in China, investors in the U.S. are betting on whether inflation might be nearing a peak.
IDEG Asset Management, Coinbase Prime to Launch Actively Managed ETH Fund
The new fund will be part of IDEG’s TIMES thematic product suite.
First Mover Asia: Mark Karpeles’ UnGox Wants to Help Investors Assess the Risks of Crypto Products; Bitcoin Drops Below $40K
The CEO of the infamous Mt. Gox crypto exchange is re-entering the industry with a rating service. But is he in touch with the latest developments?; ether also falls.
