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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.
FTX Is Building Lots of Sophisticated Markets Few Traders Use
FTX has launched eight unique index futures and volatility markets in less than 12 months. But few traders use these markets.
Market Wrap: Bitcoin Trading Flat, Holding at $9.6K
Trading volume in the crypto market weakened Tuesday but bitcoin is still holding strong from a recent rally.
Market Wrap: Bitcoin Hits $9.6K as Bullish Crypto Sentiment Returns
Bitcoin is back in bullish territory but can the buying last?
Market Wrap: Bitcoin Spot Volumes Are Weak While Options and DeFi Strengthen
Lower bitcoin spot volumes and flatter-than-usual price action doesn’t mean crypto traders have zero opportunities to capitalize.
Market Wrap: Bitcoin Quiet at $9.3K While DeFi Gets Loud
Most markets are quiet while activity seems to be increasing on Ethereum’s DeFi network - which could help explain ether’s outperformance of bitcoin in 2020.
Market Wrap: Bitcoin Flat at $9.4K but Investors Are Holding On
There is little to no excitement in the markets today with bitcoin staying steady, which has been the case for its overall price performance the past six weeks.
Market Wrap: Stocks Rally on Possible Stimulus but Bitcoin Is Flat at $9.5K
Equities are winning while bitcoin traders experience a dip in crypto volumes.
Market Wrap: Bitcoin Drops, Then Pops as Traders See Weaker Markets Coming
Roller-coaster daily trading for bitcoin Monday isn't convincing traders a larger crypto bull market is in the cards.
Market Wrap: Bitcoin Is Still Up 30% in 2020 After a Bumpy Week
The crypto market seems more closely tied to traditional markets now, but is handily beating stocks year-to-date.
Market Wrap: Stocks' Carnage Drags Bitcoin Down to $9K
A somber economic outlook ahead is causing markets to dip, and bitcoin is a part of that sentiment as well.
