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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.
Market Wrap: Bitcoin Price Jump Fades After US Inflation Spike
Buyers failed to sustain a brief recovery in BTC, while altcoins underperformed.
Crypto Markets Remain Flat as Bitcoin Sees Institutional Buying
Price chart indicators show the cryptocurrency is still far from the overbought zone and may run further, according to analysts.
First Mover Asia: Cryptos Turn Green on Red-Letter Russia News
Bitcoin increased to nearly $45,000 and major altcoins rose as well after the world's 11th-largest economy announced it would regulate instead of ban cryptocurrencies.
First Mover Asia: Crypto Prices Finish Largely in the Red
Bitcoin fell early on but had recovered by the end of the U.S. trading day; ether drops slightly.
Market Wrap: Cryptocurrencies Pull Back in Light Trading
"We aren't out of the woods yet," one analyst said; meanwhile, ETH is starting to underperform BTC.
First Mover Asia: Bitcoin Cracks $44K as Short-Term Investors Take Profits
Ether and other major altcoins were up over the past 24 hours.
KPMG Canada Adds Crypto to Its Balance Sheet
The accounting firm acquired an undisclosed amount of bitcoin and ether using Gemini Trust’s execution and custody services.
Crypto Fund Inflows Follow Pickup in Market Sentiment
Inflows into digital-asset funds last week were 4.5 times what they were the week before.
$4.4M Stolen in Hack of Blockchain Infrastructure Firm Meter
According to PeckShield, the hack on Saturday saw more than 1391 ETH and 2.74 BTC stolen.
Bitcoin Will Reach $200K in Second Half of 2022, FSInsight Says
Ether could reach $12,000, the report said.
