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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: Bitcoin Hits Two-Month High After Late-Day Surge
Bitcoin hits its highest level since mid May and has risen more than 15% over the past week.
Market Wrap: Bitcoin Expected to Pause Before Next Rally
Analysts expect bitcoin to pause at around $40K before its next leg up.
Ether Trading Volume Surged 1,400% in First Half as Institutions Took Exposure: Coinbase
Ether outperformed bitcoin in terms of volume growth and price performance.
Bitcoin, Ether Options Markets Pare Bearish Bias
The short-term put-call skews have pulled back due to a flurry of call buying.
Why ‘Wolf of Wall Street’ Jordan Belfort Thinks Tether Is a Scam
Jordan Belfort, the former stockbroker known as the “Wolf of Wall Street” and current crypto bull, discusses why he thinks stablecoin USDT issuer Tether is a scam. “I’ve been saying that since 2017 that I thought there was a big problem with Tether,” Belfort said.
Aave, Chainlink Lead Altcoin Rally as Bitcoin Soars Most in 6 Weeks
The price of bitcoin cash and ether also rose in the past 24 hours.
Market Wrap: Bitcoin Analysts Expect a Short-Squeeze
Bitcoin sellers are expected to cover positions, which could lead to higher prices next week.
Blockchain Protocol THORChain Suffers Another Hack Totaling $8M
Cross-chain decentralized exchange THORChain has been hit by another exploit, this time costing around $8 million. Last week, the protocol was drained of around 4,000 ether in a separate incident. “The Hash” panel discusses the potential risks of investing in DeFi as the sector becomes increasingly subject to major crypto hacks.
NFT Craze Remains a Nonfactor for Ether's Price
A theory about how NFT sales are sinking ether's price emerges in a dull market.
Market Wrap: Bitcoin Holds Above $30K as Sentiment Improves
Bitcoin is holding up following a strong bounce from $30,000 support.
