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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.
Bitcoin and Ether Trade Quietly, but Lesser Known Names Boast Strong Performance This Week
Origin Protocol and Kyber Network lead the way among altcoin gainers.
First Mover Asia: Some Bitcoin Whales Appear Content to Wait for the Next Price Catalyst
PLUS: BTC continued to trade above $29.2K, slightly down over the past 24 hours amid another day of low volatility.
Bitcoin’s Shrugs Off Positive Economic Data as Slow-Moving July Continues
Further confirmation of a slowdown in inflation failed to push prices higher on Thursday.
Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn
The trader reportedly sent the ether to Binance after redeeming staked ether on Rocket Pool.
First Mover Asia: Bitcoin Post-Fed Rate Hike Fizzles. Will BTC's Recent Low Volatility Last Much Longer?
zkSync Era launched only in February but has more daily active addresses than Arbitrum and Optimism, the two largest scaling solutions by total value locked, underscoring the rising interest in its potential airdrop.
Bitcoin Remains in Tight Range Around $29.3K; Stellar's XLM Leads Altcoin Gainers
Fresh U.S. economic data Thursday morning delivered good news on inflation and economic growth.
Bitcoin is Behaving as the Uncorrelated Asset That Some Investors Want, if Only Its Price Would Increase
Bitcoin’s recent decoupling from traditional finance keeps it on the sidelines as other asset prices have surged.
First Mover Asia: Bitcoin Awaits Its Spot ETF in Absence of a Macro Catalyst: Crypto CEO
PLUS: At least one bitcoin price indicator suggests that BTC may be turning slightly upward soon, writes a CoinDesk analyst, while Tribe Capital's managing partner sees a DeFi "resurgence."
Bitcoin Breaks Below Key Technical Indicator, but Appears Poised to Continue Its Flat Trajectory
Wednesday’s Federal Reserve likely decision to raise the interest rate 25 basis points appears to be priced into crypto markets
First Mover Asia: Bitcoin Holds Its Latest Foothold at $29.1K While Worldcoin Soars
PLUS: BTC's positive vibes may be waning as outflows from BTC investment products rose for the first time in weeks. But mining is in a better state than it was a year ago.
