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.


Markets

First Mover Americas: Bitcoin Reclaims $62K, Bulls Revisit $100K Target

The latest price moves in crypto markets in context for Aug. 9, 2024.

BTC price, FMA Aug. 9 2024 (CoinDesk)

Markets

First Mover Americas: Crypto Prices Little Changed, XRP Surges

The latest price moves in crypto markets in context for Aug. 8, 2024.

XRP price, FMA Aug. 8 2024 (CoinDesk)

Markets

Crypto Turns Broadly Lower in U.S. Afternoon Trade as Stocks Give Away Gains

An overnight bounce following dovish remarks from the Bank of Japan has failed to hold.

Ether has fallen below a key bull market trendline.  (Eva Blue/Unsplash)

Markets

Solana Hits All-Time High Against Ether, Outperforms Bitcoin in Crypto Rebound

Solana and its ecosystem tokens look attractive compared to other altcoins and is a "clear option if looking for longs" after the market turmoil, a K33 Research analyst said.

Solana (SOL) price from Monday's lows (CoinDesk)

Markets

Wallets Tied to $4B PlusToken China Ponzi Move 2.8K Ether

In November 2020, Chinese authorities seized almost $4 billion worth of various tokens.

(chinahbzyg/Shutterstock)

Markets

First Mover Americas: BoJ Comments Offer Relief to Crypto

The latest price moves in crypto markets in context for Aug. 7, 2024.

BTC price, FMA Aug. 7 2024 (CoinDesk)

Finance

Jump Trading Allegedly Moves $29M in ETH as Ether Tops $2.5K

According to a blockchain data tracking service, Jump Trading moved large amounts of ether to an address previously used to deposit coins to centralized exchanges.

AI generating trading. (TheDigitalArtist/Pixabay)

Markets

First Mover Americas: Crypto Rebounds From Monday's Chaos

The latest price moves in crypto markets in context for Aug 6, 2024.

BTC price, FMA Aug. 6 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Crashes to $50K as 'Perfect Storm' Hits Crypto Market

The latest price moves in crypto markets in context for Aug 5, 2024.

Bitcoin price on Aug 5 (CoinDesk)

Markets

Bitcoin Dips Below $50K as Investors Flee Risk Assets

Ether slumped by the most since May 2021.

Man with his head down on his laptop facing the Agony of Defeat (Getty Images)