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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: What Holiday? Bitcoin Soars Past $59K Amid Brisk Trading
Ether rose more than 6% and altcoins GALA, SAND, MANA and SHIB were among other winners on the day.
First Mover Asia: Bitcoin Falls in Pre-Holiday Trading; Ether Drops
A recovery in the tether-yuan pairing suggests the Chinese market is slowly recovering from the country’s crypto trading ban in September.
Market Wrap: Higher Volatility Expected in Bitcoin and Ether
There could be sharp price moves over the next few days.
First Mover Asia: Bitcoin Edges Toward $58K; Altcoins Recover From 7-Day Lows
The dominance of the largest cryptocurrency by market capitalization dipped to 42%, far off its October high.
Why Are Crypto Markets Pulling Back?
Bitcoin, ether, and the wider crypto markets continue their recent downward trend, but what's behind the dip? Fairlead Strategies Technical Analyst Katie Stockton shares insights into the key support and resistance levels to watch for signs of a bullish breakout, along with short-term and long-term price targets.
First Mover Asia: Bitcoin Drops to $56.5K After Brief Rally; Ether Also Falls
Crypto and equity markets rose in early trading after the news that U.S. President Joe Biden had reappointed Jerome Powell as chair of the Federal Reserve.
First Mover Asia: Bitcoin Continues Drift Below $60K as Investors Eye Shoppers’ Inflation Response, Biden Fed Chair Pick
Trading activity could be light in the coming week because of the U.S. Thanksgiving holiday; ether holds steady above $4,300.
Binance Fully Integrates Ethereum Scaler Arbitrum One
Users can now deposit ether to their Binance accounts via Arbitrum One.
Market Wrap: Cryptocurrencies Slide as Buyers Stick to the Sidelines
Traders are in no hurry to buy given regulatory concerns and muted volume.
