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.


Markets

First Mover Asia: Bitcoin, Ether Regain Ground Sunday After Early Weekend Battering

But investors are still unclear whether crypto will continue to follow trends in equity markets or is an uncorrelated asset.

SEASIDE HEIGHTS, NJ - NOVEMBER 25:  A roller coaster sits in the ocean after the Casino Pier collapsed when Superstorm Sandy hit, on November 25, 2012 in Seaside Heights, New Jersey. Mayor Bill Akers has asked the Coast Guard to find out whether the coaster is structurally stable, adding that it would make a great tourist attraction.  (Photo by Mark Wilson/Getty Images)

Videos

Ether, Altcoins Tank, With Bitcoin as Decoupling Narrative Goes Up in Smoke

The developing narrative of ether and altcoins decoupling from bitcoin in an adverse macro environment went up in smoke Friday, as a sell-off in stocks and BTC caused extensive damage to the broader digital asset market. Is centralized liquidity dictating the market value of cryptocurrencies promising decentralization? Are we in a bear market?

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Markets

Crypto Market Cap Falls Below $2T Amid Sell-Off

As bitcoin and ether breach $40,000 and $3,000 support levels, some altcoins are trading 60%-80% down from cycle highs.

McDonald's outlet in Hong Kong (
S3studio/Getty Images)

Markets

First Mover Asia: Bitcoin, Altcoins Rise and Then Sink

The largest cryptocurrency by market capitalization plummets below $41,000 after rising earlier in the day.

(Hulton Archive/Getty Images)

Markets

First Mover Asia: Bitcoin Slides Under $42K; Altcoins Fall

Analysts are noting the correlation between sagging tech stocks and crypto.

(Ethan Miller/Getty Images)

Markets

First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors

Bitcoin and ether rose and fell; altcoins have a mixed day.

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Markets

Opyn’s New ‘Squeeth’ Raises Ether Trading to the Power of Two

In yet another example of the crypto industry's tendency to combine innovation with leverage, the new "Squeeth" index (for squared-ether) turns the options trade into a perpetual contract and can be used as a hedge.

Financialization means big directional bets and lots of leverage, propped up by a hype campaign. In crypto, those bets are often followed by a hard landing. (Creative Commons)

Tech

Multichain Says $1.4M in Ether Siphoned From Users Who Failed to Update Approvals

The cross-chain bridge urged users to remove approvals for six tokens after it was alerted to a security flaw.

Multichain is building bridges for shuttling crypto across networks. (Modestas Urbonas/Unsplash)

Markets

First Mover Asia: Bitcoin Is Off on US Holiday and Could Fall Further

Ether and most other altcoins also drop amid more bad news for the global economy.

(Clive Rose/Getty Images)

Markets

First Mover Asia: Bitcoin Continues Its Sluggishness Amid Darkening Economic Signs

Investors are looking for indications the largest cryptocurrency by market capitalization has reached a bottom point and is ready to rebound; ether's price was roughly flat over the weekend.

(George Rose/Getty Images)