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.


Markets

Bitcoin's Correlation to U.S. Equities and Ether Weakens: Van Straten

The total cryptocurrency market hits a new all-time high of $3.025 trillion as bitcoin consolidates around $92,000.

Price rising charts markets indices (Unsplash)

Markets

First Mover Americas: Bitcoin Shaky as Traders Bank Profits

The latest price moves in crypto markets in context for Nov. 15, 2024.

BTC price, FMA Nov. 15 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Trades Around $91K as ETF Inflows Remain Strong

The latest price moves in crypto markets in context for Nov. 14, 2024.

BTC price, FMA Nov. 14 2024 (CoinDesk)

Markets

U.S. ETF Inflows Hit $4.7B Over 6 Days as Bitcoin Becomes 7th-Largest Asset in the World

Bitcoin dominance continues its uptrend and hits new highs as ETF inflows soar.

Crypto stocks are starting the week in a bullish frame of mind. (Delphine Ducaruge /Unsplash)

Markets

First Mover Americas: Bitcoin Consolidates After Encountering Resistance at $90K

The latest price moves in crypto markets in context for Nov. 13, 2024.

BTC price, FMA Nov. 13 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Flirts With $90K in Volatile Trading Session

The latest price moves in crypto markets in context for Nov. 12, 2024.

BTC price, FMA Nov. 12 2024 (CoinDesk)

Markets

First Mover Americas: Bitcoin Hits $82K as Weekend Rally Extends

The latest price moves in crypto markets in context for Nov. 11, 2024.

BTC price, FMA Nov. 11 2024 (CoinDesk)

Markets

Ether Blows Past $3K, Builds Bullish Momentum After Trump's Election Win and Fed Rate Cut

ETH is on track to register its biggest weekly since May, but remains well below its record high.

Ether's price. (TradingView/CoinDesk)

Tech

Ethereum Foundation's Treasury Shrunk 39% Over 2 1/2 Years to $970M

The foundation has spent roughly $240 million since March 2022, and holds most of its treasury in ether, which has slid roughly 22% since the last financial report.

Ethereum (ethereum.org)

Markets

First Mover Americas: BTC in Price Discovery Mode Following Record High

The latest price moves in crypto markets in context for Nov. 8, 2024.

BTC price, FMA Nov. 8 2024 (CoinDesk)