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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: 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.
Crypto Catalysts: Rate Hike Looms as FOMC Begins Latest Monetary Policy Deliberations
The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks. The Personal Consumption Expenditures report arrives Friday, but cryptos and other risk-on assets have been largely immune to macro events.
First Mover Asia: Bybit CEO Ben Zhou: Regulators See Crypto as an ‘Opportunity,’ Not a Crisis
The CEO of the Dubai-based exchange sees jurisdictions competing for crypto business in a post-FTX world. PLUS: Bitcoin holds near $30,000 amid investor cautiousness.
Bitcoin, Ether Headed Toward Losing Months in Usually Upbeat July
BTC could suffer its second monthly downturn of 2023, while ether seems headed for its first losing month.
First Mover Asia: Bitcoin Fear and Greed Index Sinks Into Neutral Territory, a Sign of Investor Uncertainty
The decline reflects an asset that has been stuck in a tight trading range. PLUS: Bitcoin plods below $30K amid another sluggish day for cryptos in which LINK was a rare bright spot.
