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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.
Nvidia Becoming More Volatile Than Bitcoin and Ether
Bitcoin has exhibited a strong positive correlation with NVDA since late 2022.
First Mover Americas: BTC Slides as U.S. Government-Linked Selling Pressure Looms
The latest price moves in crypto markets in context for July 30, 2024.
Ether ETFs Saw $340M of Negative Outflows in Their First Week
More than $1.5 billion of exits from Grayscale's high-fee Ethereum Trust more than offset inflows into the other spot products.
First Mover Americas: Bitcoin Rises to Nearly $70K After Trump's BTC 2024 Speech
The latest price moves in crypto markets in context for July 29, 2024.
First Mover Americas: Bitcoin Regains $67,000, Adds Nearly 5% in 24 Hours
The latest price moves in crypto markets in context for July 26, 2024.
EigenLayer Outflows of $2.3B Signal Restaking Sector Slide
The yield offered by restaking is dwarfed by the likes of yield-generating platform Ethena.
First Mover Americas: Bitcoin Slides After Wednesday's Tech Rout
The latest price moves in crypto markets in context for July 25, 2024.
CME's Ether Futures Record Highest Ever Open Interest of 383K ETH After ETF Debut
The approval and subsequent trading of spot ether ETFs in the U.S. has reinvigorated the market, CME's Giovanni Vicioso said.
Bitcoin Holds Up as Tech Stocks Plunge, Ether Sinks a Day After ETF Launch
Solana's SOL and Ripple's XRP were notable outperformers.
First Mover Americas: Bitcoin Regains $66,000, but Mt. Gox Selling Pressure Persists
The latest price moves in crypto markets in context for July 24, 2024.
