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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: China Equities Woes, Tensions With US Have Barely Touched Bitcoin; Cryptos Climb
Hong Kong's Hang Seng market has suffered through some of its worst days in more than a decade but that has not seemed to affect bitcoin's price much; cryptos rose slightly amid wait for Fed interest rate decision.
Market Wrap: Bitcoin and Stocks Stabilize Ahead of Fed Announcement
BTC was up 2% over the past 24 hours, compared with a 5% gain in ETH and a 20% rally in GRT.
First Mover Asia: A Taipei Executive Believes GameFi Can Fix Gaming’s Creative Drought; Bitcoin, Ether Are Flat in Light Trading
See Wan Toong, the CTO of Red Door Digital, a Taipei-based studio building out Web 3 games, believes games can be creative and lucrative; major cryptos were mixed with prices of some rising slightly and others falling.
Market Wrap: Cryptos Decline After Rejection of EU Bitcoin Proposal
BTC trading volume is low as investors position themselves for a busy week.
Crypto Funds See Their First Outflows in 7 Weeks: CoinShares
Both bitcoin and ether vehicles saw a sizable exit of money, according to the report.
Bitcoin Below $39K After EU Vote on Crypto Regulation
The cryptocurrency was little changed Monday and is up 2% over the past week.
First Mover Americas: Bitcoin's Price Bounce Stalls as 10-Year Yield Hits 32-Month High
The latest moves in crypto markets in context for March 14, 2022.
First Mover Asia: South Korea Election Made Crypto a Big Issue, but There's No Guarantee of a Follow-Through; Cryptos Suffer Weekend Decline
Both candidates made crypto an important issue to attract younger voters, but it's not yet clear if the winner, Yoon Suk-yeol, will introduce legislation fulfilling his promises; bitcoin and ether were both in the red.
Market Wrap: Cryptos Mixed Amid Global Uncertainty
Price gains were short-lived, although some analysts expect a relief rally if war-related conditions ease.
First Mover Americas: Ether-Bitcoin Volatility Spread Slides, Bitfinex Shorts Surge
The latest moves in crypto markets in context for March 11, 2022.
