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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.
First Mover Asia: SEC Appealing XRP Ruling Isn't Moving Markets
Ripple's partial victory over the Securities and Exchange Commission pushed up the layer 1 and altcoin market, as many of these tokens had been accused of being securities.
First Mover Asia: What Will It Take to Get Bitcoin to $30K?
The world’s largest digital asset isn’t budging and it'll take regulatory clarity to push past $30,000.
Bitcoin Little Changed This Week as Broader Crypto Gauge Sheds 1.6%
The theme of relatively flat prices continued as July turned to August.
Crypto Options Volume on CME Rose to Nearly $1B in July: CCData
The increase suggests that institutions might be hedging their positions.
ProShares, Bitwise File for Bitcoin and Ether ETFs
If approved, the fund will measure "the performance of holding long positions in the nearest maturing monthly bitcoin and ether futures contracts."
First Mover Asia: Bitcoin Remains Calm Above $29.1 K, but Is Higher Volatility in Its Future?
PLUS: A decrease in bitcoin supply active a year ago indicates that long-term holders have reduced their bitcoin exposure. Is hodling starting to wane?
Bitcoin Remains Unmoved by Rise in Jobless Claims, Treasury Rates
Treasury yields hit 10-year highs, sounding a note of potential caution for risk markets, cryptocurrencies, but bitcoin continued to be unstirred by macro events.
Ether Liquid Staking Protocols Could Double in 2 Years: HashKey
Ether staking is a $100 billion-plus opportunity, potentially growing into a $1 trillion sector, with liquid staking protocols doubling in size in two years.
Crypto Traders Might Want to Track Ether 'Slippage' Indicator. Here's Why
Hyblock's slippage indicator has consistently marked short-term trend changes in the second-largest cryptocurrency this year.
First Mover Asia: Bitcoin Turns Range-Bound Again Amid an Absence of Fresh Capital; Altcoins Dip Further Into Red
PLUS: A spot bitcoin ETF may be in the offing, and crypto prices are unpredictable, but MicroStrategy "still fills a need in the marketplace," the president of crypto asset fund ProChain Capital told CoinDesk TV.
