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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.
Market Wrap: Ether Outperforms Bitcoin as Crypto Sentiment Improves
Ether is attempting to break above the 50-day moving average for the first time since March.
BlockFi Rate Cut on Bitcoin Deposits Leaves Rivals Scratching Heads
The decision was made based on "changing market conditions."
Ethereum Gas Fees at 6-Month Low as Market Cools, Layer 2 Solutions Ease Congestion
Ethereum gas fees have abated with decreasing network congestion. Also, there's Flashbots.
Ethereum Investment Funds Saw Record Outflows of $50M
Net outflows from cryptocurrency funds totaled $44 million for the week ending June 25, marking the fourth consecutive week of redemptions.
Bitcoin Investors Sit on Sidelines 'Licking Their Wounds' Despite 15% Bounce Over the Weekend
Weak trading volume points to a lack of institutional and retail interest, according to one expert.
Market Wrap: Bitcoin in Recovery Mode Ahead of Options Expiry
Bitcoin is recovering from a volatile shakeout. Options expiry has large open interest around $40K.
Market Wrap: Bitcoin Nudges Up as Regulatory Risks Linger
Bitcoin gave up some gains on Wednesday, suggesting the short-squeeze rally is fading.
How One Ether Options Trader May Have Lost $3M in a Trade Gone Bad
Selling options, be it a put or a call, is better suited for institutions with ample capital and a high-risk tolerance.
Polkadot on Coinbase Went Up More Than 70% in the Midst of Crypto Market Sell-Off
DOT was one of the day's biggest winners.
