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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.
Bitcoin Falls Below $43K, Leads to $800M in Crypto Liquidations
Over 87% of losses arose from crypto traders in long positions.
First Mover Asia: Bitcoin Continues in Narrow Trading Range, Ether Pops Back Into the Green
Some price-chart indicators show the potential for a short-term BTC bounce if support holds.
Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA in Quarterly Rebalancing
The world’s largest digital asset manager announced the updated weightings on Monday, following reconstitution of the CoinDesk DeFi Index (DFX).
First Mover Asia: Bitcoin Slips Under $46K as Volume Across Major Centralized Exchanges Remains Low
“It’s pretty much been choppy since that big drop in the beginning of December,” said Efficient Frontier’s Andrew Tu.
Bitcoin Compared to Ether, Solana and Doge
2022’s first Chart of the Day analyzes the movement of decentralized finance (DeFi) assets over the last seven days, looking closely at BTC, ETH, SOL, and DOGE compared to the CoinDesk DeFi Index (DFX). DeFi assets in the DFX started the new year off with a rally opposed to cryptocurrencies.
First Mover Asia: Bitcoin Rides $46K-$48K Weekend Tide After ‘Crypto Witching Day’
The oldest cryptocurrency experienced a small price recovery on Saturday, before it fell into the red again on Sunday. Roughly $8.67 billion worth of bitcoin and ether options contracts expired on Friday.
Here Are the Top 10 Cryptocurrencies of 2021
Tokens linked to the metaverse, “Ethereum killers” and meme coins dominated gains this year.
Cryptocurrencies Approach New Year in Positive Mood
Bitcoin advanced to its highest price in three days, though all of the biggest cryptocurrencies are negative for the week.
First Mover Asia: Bitcoin Sees Out the Year Near $47K Amid Low Volume Spot Trading
Technical analysis supports a “buy” signal after bitcoin logged three straight days of losses this week.
2021: A Remarkable Year in Bitcoin and Crypto Markets
Bitcoin hitting new all-time highs on the approval of the first bitcoin futures ETF in the U.S., institutional investors diversifying their investments into ether, alternative layer 1’s reaching new market caps, and, of course, dog-themed tokens making millionaires. 2021 was a busy year for the entire crypto market.