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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 Bounce Fizzles as Nvidia's Slide Ahead of Earnings Adds to Risk-Off Mood
Ether's year-to-date gain has narrowed to less than 10% in crypto's latest price tumble.
Ether Spot ETF Flows Have Underwhelmed Versus Bitcoin: JPMorgan
Spot ether exchange-traded funds have seen net outflows of $500M since their launch, the report said.
First Mover Americas: TON Blockchain Resumes After 6-Hour Outage
The latest price moves in crypto markets in context for Aug. 28, 2024.
Toncoin Trims Losses, Beats Bitcoin and Ether, as TON Blockchain Comes Back Online
Toncoin's TON performed better than the CoinDesk 20 as the protocol announced its blockchain had restarted.
Bitcoin Price Falls Below $59K Amid Broad Market Rout; Ether Slumps Almost 10%
Bitcoin hit the lowest price since Aug. 19. It was not immediately clear what sparked the sell-off.
First Mover Americas: Bitcoin Drops as Traders Take Profits
The latest price moves in crypto markets in context for Aug. 27, 2024.
Crypto Market Has Struggled Since Spot Ether ETFs Started Trading: Citi
Demand for digital assets has dried up in recent weeks and both bitcoin and ether ETFs have seen net outflows in the last month, the report said.
First Mover Americas: Bitcoin Consolidates at $64K Before Next Push Higher
The latest price moves in crypto markets in context for Aug. 26, 2024.
First Mover Americas: Will BTC React to Powell’s Jackson Hole Speech?
The latest price moves in crypto markets in context for Aug. 23, 2024.
First Mover Americas: Bitcoin Advances Following Reports of RFK Jr. Withdrawal
The latest price moves in crypto markets in context for Aug. 22, 2024.
