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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’s Price Remains Boxed In Below $51K Over Holiday Weekend
Trading was light across different crypto exchanges on Christmas day and Boxing Day in the U.K.; ether’s price was roughly flat.
First Mover Asia: Santa Claus Rally Sends Bitcoin North of $50K
Ether also sees some holiday cheer; polygon and terra sparkle with record highs.
First Mover Asia: Bitcoin Falls After Edging Toward $50K; Altcoins Rally
Polygon and terra continued as market stars on Wednesday; ether drops slightly.
CME Trades 100K Contracts of Micro Ether Futures in First Two Weeks
The micro ether contracts are off to a slow start compared with early activity in micro bitcoin futures launched on May 3.
First Mover Asia: Asia Bump Sends Bitcoin Over $49K
Selling pressure from Asia appears to be abating, the Hong Kong crypto lender Babel wrote.
Ether Call Demand Signals Anticipation of Year-End Rally
Investors who buy calls are implicitly bullish on the market.
Bitcoin, Ether Dip in ‘Bearish Asia Session’ as China Rate Cut Fails to Inspire Risk Buying
Bitcoin has carved out most of its year-to-date gains during the American hours.
Ether Drops to $3.8K as Over $12.5M in Futures Get Liquidated
The second-largest cryptocurrency by market cap saw the most futures liquidation during early Asian hours.
First Mover Asia: Bitcoin, Ether Have a Quiet Weekend
The two largest cryptocurrencies by market capitalization were roughly flat amid light trading; terra approached an all-time high, while avalanche dropped.
First Mover Asia: Crypto Rally Fizzles Amid Widespread Inflationary Concerns
Bitcoin falls along with major stock indexes; spot trading volume is sluggish.
