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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.
Ether-Bitcoin Ratio Likely to See Deeper Decline After Shapella Upgrade: QCP Capital
Ether has underperformed bitcoin in the lead up to the Shapella upgrade, resulting in a 13.7% year-to-date decline in the ETH/BTC ratio.
Glassnode Estimates $300M Ether May Be Sold After Shanghai Upgrade
Two major Ethereum network upgrades that are expected to occur simultaneously on April 12 will allow investors to withdraw their ether staked on the Ethereum blockchain.
First Mover Asia: Does Bitcoin at $30K Really Matter?
ALSO: Crypto exchange Bitget's $100 million fund targeting Web3 comes as Hong Kong eases crypto regulations and a number of East Asian countries have been promoting crypto.
Bitcoin Holds Firm Above $30K, Ether Hovers Near $1.9K Ahead of CPI, Shapella Upgrade
Investors will be eyeing Wednesday’s U.S. Consumer Price Index for the latest reading on inflation and the Shanghai “hard fork.”
Bitcoin Cracks $30K, but for How Long?
While bullish and bearish narratives collide, balances on exchanges may provide the most telling clues.
Bitcoin Breaks Above $30,000 as Ether, Solana Gain
Bitcoin (BTC) soared above $30,000 for the first time in nearly a year. This comes as ether (ETH) and solana (SOL) are seeing gains in token prices too. The most recent market updates and other news shaping the cryptocurrency world in this episode of "The Daily Forkast."
Bitcoin, Not Ether, Builds Crypto Market Dominance Ahead of Ethereum's Shanghai Upgrade
Bitcoin's dominance rate, its share of the crypto market, has risen to its highest level in almost two years, while ether's stagnates.
First Mover Asia: Arthur Hayes Sees a 'Balkanization of Finance' Coming Soon as Crypto Rallies
ALSO: Asia-based traders push bitcoin past $30K.
Bitcoin Approaches $30K, Reaching Highest Price Since June
The roots of an hour-long surge were difficult to pinpoint, according to one analyst, but investors have recently been more optimistic about the crypto’s prospects following last month’s banking crisis.
First Mover Americas: Ether Options Tilting Bearish
The latest price moves in crypto markets in context for April 10, 2023.
