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

Market Wrap: Bitcoin Outperforms as Crypto Bulls Take a Breather

BTC is up 5% over the past week. Analysts expect further upside after a brief pullback in price.

(Jared Schwitzke/Unsplash)

Videos

Markets React to Terraform Labs’ Increased BTC Reserves

Darren Lim, Research Analyst at blockchain analytics platform Nansen, discusses several noticeable blockchain transactions associated with Terraform Labs' plans to increase UST's bitcoin reserve to $3 billion. Plus, insights on how a bitcoin-backed stablecoin would function and why ETH transfers to Ukraine are spiking. 

Recent Videos

Finance

First Mover Americas: Risk Assets Resilient to Faster Fed Rate Hikes, 1994 Cycle Suggests

The latest moves in crypto markets in context for March 25, 2022.

Federal Reserve Bank of Kansas City Denver Branch (Robert Alexander/Getty images)

Finance

Israel's Bank Leumi to Offer Crypto Trading

The bank is working with New York-based custody and trading platform Paxos to bring the service to customers.

Tel Aviv, Israel

Markets

First Mover Asia: Taiwan GameFi Company Gets a Boost in Its Quest to Develop a More Entertaining Game; Altcoins Stand Out

Red Door Digital will use the $5 million seed round from several high-profile venture firms to create games that are technologically superior but also entertaining; bitcoin also rose solidly.

View of the Taipei Skyline with Taipei 101 at night

Markets

Market Wrap: Cryptos Rise as Russia Mulls Bitcoin for Oil Payments; Dogecoin Rallies

Bitcoin rose 4% over the past 24 hours, compared with a 6% rally in DOGE.

(Frank Busch/Unsplash)

Markets

Bitcoin Retakes $44K Amid Broad Crypto Rally

Ether climbed above $3,100 for the first time in more than a month.

Red arrows moving up on wooden blocks

Markets

Dogecoin Leaps to 1-Month High as ATM Operator Adds the Coin to Its Network

The cryptocurrency can now be traded at ATMs run by Bitcoin of America.

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Videos

Bitcoin Breaks $43K Despite Powell's Call for New Regulations on Crypto

Marc Lopresti, The Strategic Funds' managing director, discusses the recent upswing in the crypto markets amid Fed Chair Jerome Powell’s statements on a digital dollar and Terra Luna’s purchase of $125 million worth of bitcoin. Plus, a conversation about investor interest in various altcoins like Solana, AVAX, and ether, and traditional finance’s ongoing effort to enter the DeFi space.

Recent Videos

Markets

First Mover Asia: With Finance Bill Vote, India Continues to Reckon With the Growing Crypto Industry; Bitcoin, Ether Tread Water

The expected passage of a finance bill will include a steep crypto tax that the industry says will discourage innovation and cost the country some of its technology talent; several major altcoins rise.

India Parliament building (Unsplash)