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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.
Ether Price Poised for Supply 'Shock' as ETFs May Attract $4B Inflows in Five Months, K33 Research Says
ETH will start outperforming bitcoin following the ETF launch after almost two and a half years of underperformance, the report said.
First Mover Americas: Bitcoin Drops From $70K as Bullish Signal Strengthens
The latest price moves in crypto markets in context for June 4, 2024.
Bitcoin Sees Profit-Taking Around $70K Amid ‘Stubbornly Bullish’ Sentiment
On-chain data shows over 50% of Bitcoin supply remains inactive, a sign of strong long-term conviction in the asset.
First Mover Americas: Crypto Prices Tick Upward as Meme Coin Season Receives Fresh Impetus
The latest price moves in crypto markets in context for June 3, 2024.
First Mover Americas: Crypto Market Flat Ahead of U.S. Inflation Data
The latest price moves in crypto markets in context for May 31, 2024.
Ether Spot ETFs to See Much Lower Demand Than Bitcoin Versions, JPMorgan Says
Ether spot ETFs could attract as much as $3 billion of net inflows this year, the report said.
Ether Put-Call Ratio Hits One-Year High, Hints at Bullish Bias Despite Pause in Rally
The uptick signals a bullish outlook, according to Wintermute.
First Mover Americas: Crypto in the Red Ahead of Friday's U.S. Inflation Data
The latest price moves in crypto markets in context for May 30, 2024.
Singapore's Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen
The addresses supposedly owned by DBS has already made $200 million on its ether holdings, according to Nansen.
First Mover Americas: BTC Consolidates Around $68K as IBIT Overtakes GBTC
The latest price moves in crypto markets in context for May 29, 2024.
