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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: Bitcoin Soars Past $44K as Ukraine Tensions Lessen
Ether and other major altcoins rose sharply after Russia said it would be receptive to a diplomatic solution to the ongoing conflict.
First Mover Asia: Bitcoin Finds Firm Footing Above $42K
Investors continue to monitor the escalating tensions on the Ukrainian border as well as this week's Producer Price Index report.
Crypto Funds Saw Fourth Week of Inflows as Ether Funds Turned Around
Some $75 million went into digital-asset funds last week as ether funds saw their first inflows in 10 weeks.
First Mover Asia: Bitcoin Inches Upward in Sunday Trading
But the largest cryptocurrency by market cap was way way off last week's levels amid light weekend trading and escalating tensions about a possible war with Russia; ether and most other major cryptos dropped.
You’re Not Imagining It, Markets Really Are Thinner Now
It doesn’t take as much to move prices as it once did.
Market Wrap: Cryptocurrencies and Stocks Drop as Russia-Ukraine Tensions Rise
Geopolitical risks shook markets on Friday as BTC dipped below $43K.
Bitcoin Regains $43.5K as Funds Predict Bullish Month for Crypto
Still, major cryptocurrencies remained lower as global markets extended Thursday's slide.
SOL, XRP Lead Altcoin Tumble as US Inflation Jumps to 40-Year High
Major altcoins could see further declines if they lose important support levels, traders said.
DeFi Options Protocols Suffered as Ether Fell to $2.1K
On-chain options offerings are unlikely to see future growth unless the crypto market turns bullish, one analyst said.
First Mover Asia: Bitcoin Drops With Stocks After Fed Official's Hawkish Remarks
After soaring past $45,000, the cryptocurrency fell to under $44,000; ether and other major altcoins were in the red.
