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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: 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.
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.
Bitcoin Retakes $44K Amid Broad Crypto Rally
Ether climbed above $3,100 for the first time in more than a month.
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.
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.
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.
Market Wrap: Altcoins Outperform Bitcoin, Traders Cautiously Await Breakouts
Recent price bounces have lacked conviction among crypto traders, especially in the futures market.
CME Exec Explains Why Bitcoin Futures Premiums Surge
Tim McCourt, CME Group’s global head of equity & FX Products, shares his crypto market analysis as bitcoin futures premium surges in the Chicago Mercantile Exchange. Plus, a conversation on what makes ethereum different from bitcoin in the eyes of investors.
First Mover Americas: Ether Options Shed Bearish Skew for First Time in 2 Months, ETH/BTC Ratio Eyes Big Move
The latest moves in crypto markets in context for March 23, 2022.
Vitalik Buterin Should Let Ethereum Be Ethereum
The Ethereum co-founder has spoken about ensuring developers do what he considers the right things with their projects, but he would be better off accepting where the platform’s users lead, imperfections and all.
