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 Rises on Encouraging Omicron News Before Falling Back; Ether Drops Slightly

Blockchain data now indicates that the market crash over the weekend resulted from a “weak hand purge.”

By Muyao Shen, Damanick DantesDec 7, 2021

ALAJUELA, COSTA RICA - JANUARY 15: A Green Hermit is pictured at a Hummingbird feeding station on January 15, 2016 in Alajuela, Costa Rica. Of the 338 known species of Hummingbird worldwide there are around 50 in Costa Rica. Hummingbirds are named for the distinctive sound made by their tiny beating wings, and are admired for their vibrantly coloured iridescent plumage. Their ability to hover, with wings beating between 12 and 90 times a second, and to fly backwards makes them different from all other birds. They are some of the smallest birds in the world and have the highest metabolic rate of any bird with a heart rate that can exceed 1,200 beats a minute. They can hear and see better than humans, but have a poor sense of smell. Hummingbirds eat at least half their body weight in food every day, darting between flowers to lap up nectar. They are generally solitary, very territorial and can be incredibly aggressive towards other birds. At night they go into a state of torpor to help conserve energy, and occasionally can be found sleeping upside down like bats on branches. (Photo by Dan Kitwood/Getty Images)

Videos

Is Bitcoin Due for Lower Lows?

Trade the Chain Research Analyst Nick Mancini discusses his crypto markets analysis and outlook, explaining whether another price dip could be imminent. Plus, insights into bullish sentiment for ether, open interest for bitcoin, and institutional activity in crypto.

Dec 7, 2021

Markets

First Mover Asia: Bitcoin Tops $50K, Ether, Other Altcoins Rise

Bitcoin trading volume was down for the second consecutive day,

By Muyao Shen, Damanick DantesDec 6, 2021

Markets

3 Reasons the Ether-Bitcoin Ratio Rose to 3 1/2-Year High as Crypto Crashed

Bitcoin’s evolution as a macroeconomic asset makes it more vulnerable to Fed jitters.

By Omkar GodboleDec 6, 2021

ether-bitcoin ratio hits highest since May 2018

Videos

Ether-Bitcoin Ratio Rises to 3 1/2-Year High as Crypto Crashed

Bitcoin tanked last week, pulling the broader crypto market lower. Meanwhile, the ether-bitcoin ratio rose 13%, reaching a three-and-a-half-year high and registering its best weekly performance since May. Is the "flippening" approaching? "The Hash" panel discusses the potential factors behind the crazy crypto markets' action.

Dec 6, 2021

Finance

Gemini to Allow Crypto Trading in Colombia Under Government-Sponsored Pilot Program

The company plans to offer bitcoin, ether, litecoin and bitcoin cash trading in partnership with local bank Bancolombia starting in December.

By Andrés EnglerDec 6, 2021

Cameron and Tyler Winklevoss, Gemini founders (Shutterstock)

Tech

BitMart CEO Says Stolen Private Key Behind $196M Hack

The crypto exchange’s CEO said the company will compensate affected users out of its own funds.

By Eliza GkritsiDec 6, 2021

Markets

First Mover Asia: Bitcoin, Altcoins Regain Ground After Early Weekend Spiral; Trading Volume Levels Off After an Intense Saturday

Investors, who have been spooked by the omicron variant of the COVID-19 virus, are awaiting the opening of equity markets on Monday.

By Muyao Shen, Damanick DantesDec 5, 2021

The New York Stock Exchange (Spencer Platt/Getty Images)

Markets

Market Wrap: Bitcoin Extends Losses While Traders Remain Bullish on Ether

Weekly returns were mixed as some altcoins outperformed. Meanwhile, macro headwinds could cause investors to reduce exposure to speculative assets next year.

By Damanick Dantes, Tracy WangDec 3, 2021

Markets

First Mover Asia: Markets in Wait-and-See Mode; Bitcoin Hovers Around $57K

The price for the tether-yuan pair fell entering December, as the deadline approaches for Huobi, a popular crypto exchange among Chinese investors, to close the accounts of its existing users in mainland China.

By Muyao Shen, Damanick DantesDec 2, 2021