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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 $10.4K; Ether Balances on Exchanges Fall to 7-Month Low
Bitcoin price trended upward before losing some steam while ether is moving off centralized exchanges.

Ether Traders May Be Hedging Against DeFi Slowdown: Analyst
Some are calling the white-hot Defi space a bubble that is unsustainable.

Market Wrap: Bitcoin Makes Headway to $10.3K; Ether Volatility Highest Since May
Bitcoin is making some modest price gains while the ether roller coaster gathers more steam.

Market Wrap: Bitcoin Hangs Around $10K; Locked DeFi Value Drops
Bitcoin price saw little action on Tuesday. Meanwhile, the value of crypto locked in DeFi has gone down for the first time.

Market Wrap: Bitcoin Tumbles to $9.8K; Investors Continue Plowing Crypto Into DeFi
Bitcoin price took another dive while DeFi is still looking mighty attractive to investors.

Market Wrap: Bitcoin Tanks to $10.4K; ETH Market Dominance at 2020 High
Bitcoin’s price is dipping while ether’s share of the crypto market is at a level not seen since 2018.

3 Reasons Bitcoin Just Tanked Below $11K for First Time in a Month
Cryptocurrency analysts attributed the drop to a combination of risk-off sentiment in traditional markets, DeFi exhaustion and miner selling.

Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage
The bitcoin market went bearish as the price dipped while DeFi fees as a percentage of revenue for Ethereum miners is at an all-time high.

Open Positions in Deribit’s Ether Options Hit Record High Above $500M
Ether option contracts listed on Deribit, the largest crypto options exchange, are more popular than ever.

Bitcoin Price Drops 4% After Latest Rejection at $12K Resistance
Bitcoin fell by $400 Wednesday morning, having failed once more to move above a long-held resistance level.
