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

Lyra Finance Now Lets Liquid Restaking Token Holders Earn Extra Yields From Automated Trade Strategies

LRT holders can tokenize any yield-bearing strategy to generate an annualized percentage yield of 10% to 50%.

Coins raining down on an umbrella (Getty Images)

Markets

First Mover Americas: Bitcoin Settles Into $63K-$64K Range

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

BTC price FMA, May 7 2024 (CoinDesk)

Markets

Robinhood Would Likely Win Crypto Court Case With the SEC: KBW

The platform being issued a Wells Notice by the SEC is surprising given the company’s conservative approach to digital assets listings, the report said.

Robinhood app on a smartphone (Shutterstock)

Markets

Bitcoin Slips to $63K as Crypto Market Faces More U.S. Regulatory Pressure

Despite the recent bounce, the correction isn't over, said one technical analyst, expecting bitcoin to fall to the low-mid $50,000 area before rallying to new all-time highs.

Bitcoin price on May 6 (CoinDesk)

Markets

First Mover Americas: Bitcoin Nears $65,000 Amid Strong Crypto Rebound

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

Bitcoin price on May 6 (CoinDesk)

Markets

Bitcoin Hits $62K as Cryptos Bounce; Correction Likely Over But Expect a 'Slow Grind Higher,' Arthur Hayes Says

Bitcoin will likely trade in a range between $60,000 and $70,000 through the next few months, the former BitMEX CEO said.

Bitcoin price on May 3 (CoinDesk)

Markets

First Mover Americas: Bitcoin Hovers Around $59K to End Week

The latest price moves in crypto markets in context for May 3, 2024.

BTC Price May 3 2024 (CoinDesk)

Markets

First Mover Americas: BTC Stabilizes Around $58K Following Yesterday's Rout

The latest price moves in crypto markets in context for May 2, 2024.

BTC price FMA, May 2 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Sinks Below $58K in Run-Up to Fed Decision

The latest price moves in crypto markets in context for May 1, 2024.

BTC price FMA, May 1 2024 (CoinDesk)

Markets

Bitcoin Trades Around $57K, Crypto Market Drops 6% in Run-Up to Fed Decision

BTC is down about 6.3% in the last 24 hours having dropped below the $60,000 support level late on Tuesday.

16:9 Market decline (Mediamodifier/Pixabay)