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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 Remains Under Pressure Below $30K Following U.S. Retail Sales Numbers
Thursday's rally to a new 13-month high of $31,800 has now more than been fully nullified.
First Mover Asia: Bitcoin Rebounds to $30.1K After Retreating to June Low
PLUS: A day in the life of Binance’s head of law enforcement training – petty crooks, fake subpoenas, and dodging politically sensitive requests.
First Mover Asia: Bitcoin Hovers Near $30.3K After Expected Correction. Retail Investor Enthusiasm 'Likely to Increase': Analyst
The rising flows into Toronto-based Purpose’s spot bitcoin ETF, which received approval by Canadian regulators in 2021, reflect strong appetite among retail investors for these types of products and are a promising sign for U.S. companies who have recently filed spot BTC applications with the SEC.
XRP Moves Into the Weekly Spotlight, Dwarfing Other Crypto Assets
Along with XRP’s strong week, 172 of 186 CoinDesk Indices assets finished in positive territory
Bitcoin Tumbles Below $30K, Crypto Prices Buckle After Altcoin Frenzy on XRP Ruling
Ripple's XRP was down 25% from its highest levels on Thursday.
Ether Pushes Past $2K as Ripple's Partial Win Against SEC Invigorates Market
Several layer-1 tokens soared after the Ripple ruling ignited hopes of a favorable ruling in other SEC cases against crypto firms.
First Mover Asia: Bitcoin Soars to One-Year High at $31.7K as Crypto Investors Savor Partial Ripple Victory
Ether and other major cryptos are swept upward in a banner day for crypto markets. PLUS: While the number of large bitcoin holders increases, bitcoin sent to exchanges continues to fall, writes CoinDesk's analysts.
Bitcoin, Ether Maintain Their 2023 Decoupling from Traditional Finance
As bitcoin and ether assert themselves as uncorrelated assets, the impact of macroeconomic catalysts has waned
Stader Labs Debuts Ether Staking Product With 6% Yield
Node operators can begin staking with just 4 ETH on Stader compared to the currently required 32 ETH.
First Mover Asia: Bitcoin Holds Steady Over $30K as Inflation Data, Macro Issues Leave Investors Increasingly Unmoved
ALSO: Former CFTC Chair Timothy Massad told CoinDesk TV that regulatory agencies “don’t have to resolve” the stubbornly troublesome issue whether cryptos are commodities or securities.
