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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 Holds Steady Near $27K as Investors Weigh Debt Ceiling Developments
ALSO: CoinDesk's former head of research writes that despite government efforts in such large, emerging countries as Pakistan and Nigeria to curb crypto activity, citizens there seem to be turning to digital assets as a hedge.
First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?
ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.
Bitcoin and Broader Crypto Prices Little-Changed in Eventful News Week
Litecoin was the largest gainer among large-cap cryptocurrencies.
First Mover Asia: Traders Long on Bitcoin Despite Debt Ceiling Challenges, Dark U.S. Regulatory Clouds
PLUS: Meme coins don't respect the intellectual property rights of others. And that's a problem.
Crypto Markets Turn Lower After Jobs Data, Hawkish Fed Comments
Tight labor markets and concerns of rate hikes weigh on crypto markets; hopes of a debt limit deal stem the tide, but only briefly.
Litecoin Leaves Bitcoin and Ether Behind With Rally to One-Month High
Occasionally referred to as "silver to bitcoin's gold," Litecoin has chalked out a double-digit price rally over the past week.
Crypto Observers Decode Large Block Trade in Ether Options
The large ether options flow witnessed on Tuesday was a "calendar spread" strategy, Deribit's Luuk Strijers said.
First Mover Asia: Biden’s Tough Talk, Tether’s Bitcoin Bet Not Moving Crypto
PLUS: We really need to see the Hinman emails.
Ether Rebounds Versus Bitcoin in Relatively Quiet Trade
Technical factors suggest ether's bounce could pause at current levels.
U.K. Lawmakers Say Crypto Should Be Regulated Like Gambling
Bitcoin (BTC), ether (ETH), and other cryptocurrencies should be regulated as gambling due to their potential risks, a panel of U.K. lawmakers from parliament's treasury committee said Wednesday. "The Hash" panel discusses the details of the push.
