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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-Ether Ratio Hits 3-Month High; Friday's Close Pivotal
The ratio crossed above the 200-day average, signaling continued bitcoin outperformance in the near term.
First Mover Asia: Bitcoin Stabilizes Above $36K as Investors Await Next Fed Meeting
Bitcoin's spike coincided with gains in U.S. equity markets, but the correlation between the two remains unclear.
Market Wrap: Bitcoin Stabilizes as Altcoins Underperform
Bitcoin was up was up 3% over the past 24 hours, versus a 5% decline in SOL and roughly flat performance in ETH .
GSR Markets President: ‘Crypto Still in a Bull Market’
Bitcoin, ether and the broader crypto market faced another wave of selling Monday. Is crypto firmly in bear territory? GSR Markets Co-founder and President Rich Rosenblum discusses his reading of the digital asset space, explaining why “we’re still in a bull market for crypto.” Plus, tips for managing volatility and new investment opportunities to watch.
Luxor Starts Ethereum Mining Pool as Proof-of-Stake Shift Looms
Luxor also started an advocacy group for Ethereum to remain on the proof-of-work consensus mechanism.
Bitcoin Drops to 6-Month Low, Ether Eyes Bearish Cross as US Stock Index Futures Erase Early Gains
Bitcoin and ether fell to their lowest levels since July after Goldman Sachs predicted a faster pace of Fed tightening.
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.
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?
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.
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.
