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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 Slides Under $42K; Altcoins Fall
Analysts are noting the correlation between sagging tech stocks and crypto.
First Mover Asia: Fed Tightening, Economic Woes Continue to Spook Crypto Investors
Bitcoin and ether rose and fell; altcoins have a mixed day.
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.
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.
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.
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.
Derivatives Data Shows Softening Crypto Enthusiasm
The wind seems to be out of crypto’s sails for now.
North Korean Hackers Stole $400M in 2021, Mostly in Ether
For the first time, DeFi mixers were the biggest money-laundering tool for North Korean hackers.
Crypto Options Market Starting to Have Material Impact on Spot Market: QCP Capital
The Singapore-based crypto fund wrote in a Telegram note that the newfound strength of the crypto options market prevented bitcoin from bottoming out below $40,000.
First Mover Asia: Crypto Prices Rise on Better-Than-Expected US Inflation News
The consumer price index rose 7%, but many investors anticipated a steeper increase; bitcoin and ether prices notched solid gains during the U.S. trading day.
