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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.
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.
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.
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.
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.
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.
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.
E-Commerce Giant Mercado Libre Taps Paxos to Power Crypto Service in Brazil
Users of Mercado Pago will be able to buy and sell bitcoin, ether and the USDP stablecoin starting in December.
First Mover Asia: Bitcoin Drops Following First US Omicron Case
Ether falls, breaking a four-day streak of gains; equity markets tumble.
Market Wrap: Analysts Expect Positive Bitcoin Returns in December
The cryptocurrency typically rises in the fourth quarter, which is why some traders are poised for a year-end rally.
ETH Returns Outpacing BTC, S&P 500, DeFi
CoinDesk Director of Professional Content Galen Moore shares insights into how bitcoin has performed since Black Friday when it declined by more than 8% following news of the COVID-19 strain Omicron. Why are the returns for ETH outpacing BTC, S&P 500, and DeFi?
