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: 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.

By Sam Reynolds, Damanick Dantes, James RubinApr 3, 2022

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.

By Damanick DantesApr 1, 2022

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.

By Omkar Godbole, Parikshit MishraApr 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.

By Shaurya Malwa, Damanick Dantes, James RubinMar 31, 2022

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

Markets

Market Wrap: Cryptos Slide Amid Higher Volatility; Returns Typically Strong in April

Bitcoin and stocks are entering a seasonally strong period.

By Damanick Dantes, Angelique ChenMar 31, 2022

Investors grapple with market risk. (Mostafa Meraji, 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.

By Camomile ShumbaMar 31, 2022

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.

By Omkar Godbole, Parikshit Mishra, Sandali HandagamaMar 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

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.

By Sam Reynolds, Damanick Dantes, James RubinMar 30, 2022

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.

By Sam Reynolds, Damanick Dantes, James RubinMar 29, 2022

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.

By Damanick Dantes, Angelique ChenMar 29, 2022