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

First Mover Asia: India Continues Its Restrictive Approach to Crypto; Bitcoin, Ether Run in Place

The Indian tax authority's recent revision of what was seized in taxes and penalties from crypto exchanges reflects the government's harsh stance toward digital assets; Solana has a banner day.

India Parliament building (Unsplash)

Markets

First Mover Asia: BC Technology Group’s Crypto Platform Made Big Gains in 2021. So Why Are Investors Unimpressed?

OSL, which accounts for most of the Hong Kong company’s business, rose 63% in 2021, but the stock price has lagged bitcoin and other assets; bitcoin and ether tread water.

Hong Kong.

Markets

Market Wrap: Cryptos Mixed as Volatility Fades; Analysts See Risk of Selling Pressure

Traditional safe-haven assets declined on Tuesday as Russia-Ukraine tensions eased, but some indicators point to a pause in the risk-on rally.

Volatility ahead (Matt Hardy/Unsplash)

Videos

ETH Surges as Google Trends Shows Peak Interest in Ethereum Merge

ETH has reached a 2.5 month high as Google Trends shows an increased interest in the “Ethereum merge” to a proof-of-stake consensus mechanism. “The Hash” team discusses how this major shift to increase efficiency could impact the currently high transaction fees and other competitor blockchains. 

Recent Videos

Markets

First Mover Asia: Why Japan, China and Other Regional Powers Still Put Their Faith in T-Bills, Gold; Cryptos Climb Higher

Some observers viewed bitcoin as ushering in a new era of financial sovereignty amid growing uncertainty about long-term U.S. economic dominance globally, but many countries are still investing in gold and U.S. Treasury bills.

Gold bars (Bright Stars/Getty Images)

Markets

Market Wrap: Bitcoin Rallies as Crypto Holders Accumulate

Crypto prices are rising after the Luna Foundation Guard purchased $1 billion worth of BTC.

Bitcoin 24-hour price chart (CoinDesk)

Videos

BTC Breaks $47K as Russia-Ukraine War Continues

Noelle Acheson, Genesis Global Trading head of market insights, discusses the recent upswing in the crypto markets, possibly driven by the Luna Foundation Guard’s heavy BTC purchases in the open market.

CoinDesk placeholder image

Markets

First Mover Asia: Crypto Concerns Weigh on Taiwan PC Component Makers' Stocks; Bitcoin Springs to 3-Month High

Share prices of Asus, Gigabyte and MSI have fallen amid a massive drop in pricing for graphics cards as Ethereum's transition to a proof-of-stake protocol nears; ether and other cryptos gain.

Taipei (Unsplash)