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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 Sees Little Movement After Light Weekend Trading
Bitcoin moved little on Sunday after another weekend with light volume, while tokens associated with gaming saw a price bump.
Market Wrap: Bitcoin Rallies as Altcoins Take the Lead
Bitcoin rose 11% in the past 24 hours, less than the 13% jump in ETH and 20% rise in NEAR.
First Mover Asia: Bitcoin Is Flat in Muted Trading; Ether Declines
The largest cryptocurrency by market capitalization declined before recovering ground later in the day.
Market Wrap: Bitcoin Range-Bound as Altcoins Underperform
Choppy trading conditions may reflect uncertainty among investors.
First Mover Asia: Crypto Prices Plunge Late After Weak Meta Earnings
Bitcoin and ether fell sharply after the company formerly known as Facebook said its virtual/augmented reality division lost $10 billion in 2021.
First Mover Asia: Crypto Prices Rise With Investors' Appetite for Risk
Bitcoin and most major altcoins were in the green, although trading was lighter than on Monday.
First Mover Asia: Crypto Finishes Bad Month on High Note
Prices for bitcoin, ether and most major altcoins rise after a month of steep price declines.
First Mover Asia: Bitcoin Barely Budges in Weekend Trading
Crypto trading was light and could remain so in Asian markets as many investors celebrate the Lunar New Year holiday week.
First Mover Asia: Bearish Crypto Sentiment Continues as Dollar Strengthens
Bitcoin was up slightly, but ether and most other major altcoins fell as investors continued to digest the Federal Reserve's hawkish comments from Wednesday.
First Mover Asia: Interest Rate Hikes in the Future? Crypto Rally Shorts Out
Bitcoin drops below $37,000 after soaring to nearly $39,000 following remarks by Federal Reserve Chairman Jerome Powell.