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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: Crypto Liquidity Providers Can Be Profitable by Considering Trade Volume, Volatility and Other Factors, Data Firm Says
ALSO: Ether falls but still outperforms bitcoin for another day as investors look with hope at the Shanghai upgrade.
Bitcoin, Ether Momentum Traveling Divergent Paths
Ether's price spike this week may be foreshadowing a continuation of this trend.
Ether Circles Above $1.9K as Shanghai Hard Fork Nears
Liquid staking tokens also rise on Wednesday. Bitcoin holds steady above $28,000.
Ether Hits Nine-Month High Ahead of Upcoming 'Shapella' Upgrade
Ether (ETH) jumped to a nine-month high on Wednesday as the Ethereum network's upcoming "Shapella" upgrade is prompting investors and traders to funnel capital to ether and to other staking-focused tokens. Victoria Bills, Banrion Capital Management Chief Investment Strategist, discusses her outlook for ether, saying, "we'll probably be seeing a lot more of that asset being traded."
First Mover Americas: Ether Rising Ahead of Upgrade
The latest price moves in crypto markets in context for April 5, 2023.
Ethereum's Shanghai Upgrade Could Bring $2.4B Selling Pressure to Ether: Observers
The 1 million instantly withdrawable ether has become a point of concern for the market.
Ether Jumps to Nine-Month High Ahead of 'Shapella'; Liquid Staking Tokens Jump
LSD sector tokens rose as much as 22% in the past 24 hours, data shows.
First Mover Asia: Chilly DOGE, While Bitcoin Simmers Over $28.6K
ALSO: The head of markets for crypto research firm Delphi Digital said Binance's loss of market share has stemmed largely from its struggles with regulators. He also called bitcoin's current threshold at about $28K "a tough spot."
Ether Gains on Bitcoin but JOLTs Jobs Data Leaves Markets Unmoved
Ether and bitcoin’s reduced daily correlation could provide opportunity for ETH bulls.
Ether Rallies to 8-Month High, Gains Ground Against Bitcoin
"ETH looks to regain ground against BTC as part of a broader capital rotation play," one observer said.
