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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, Singapore Are Not Stablecoin Fans; Major Cryptos Decline as Russia Invasion Looms
Taiwan and Singapore are wary of ceding control of their currencies; bitcoin, ether and most other major cryptocurrencies fell as Russian President Vladimir Putin made a defiant case for invading Ukraine.
ETHDenver Hackathon Finalists Take Aim at Adoption Barriers
Privacy, real-world interactions and DAO infrastructure highlighted ETHDenver’s hackathon finalists.
First Mover Asia: The Renminbi Rises; Cryptos Suffer Another Lost Weekend
The value of RMB payments gained over 10% compared to December amid an inauspicious test of the digital yuan at the Winter Olympics. Bitcoin and major altcoins tumbled as tensions continued mounting on the Ukraine border.
First Mover Asia: Investors Flee Crypto, Higher Risk Assets on Mounting Ukraine Tensions
Bitcoin, ether and other major altcoins plummeted as a Russian invasion seemed more likely again. Investors also remained concerned about inflation.
First Mover Asia: Cryptos Hold Their Ground but Investors Remain Wary of Russia Invasion Plans, Inflation
Bitcoin fell earlier in the day but had recovered by the afternoon.
Morgan Stanley Says Ethereum Less Decentralized, Ether More Volatile Compared to Bitcoin
Attempts to regulate DeFi and NFT markets could see less demand for transactions on the Ethereum network.
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.
