- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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 Not Ready to Soar as Investors Await Fed Chair Speech, More Earnings
ALSO: As crypto prices rise, venture capital into the blockchain space is likely to rise. But will investment firms learn from their past overindulgences in the sector?
First Mover Asia: Bitcoin Dips Into Red but Holds Strong Above $23.5K
ALSO: CoinDesk analyst Glenn Williams Jr. highlights the spike in crypto trading activity following the U,S. central bank's interest rate hike.
Crypto Market’s Post-Fed Rally Continues as DeFi, Smart Contract Platform Sectors Star
Uniswap's UNI token and Avalanche's AVAX token were recently up about 4.5% and 3.4%; ether rose 3% at one point Thursday a day after unexpectedly moderate comments from Fed Chair Jerome Powell.
First Mover Asia: Is Bitcoin's Ride Past $24.1K a Stopping Point or Sign of Further Gains?
ALSO: Shaurya Malwa writes that Waves’ decision to abandon the stablecoin model underlines a decline in this sector stemming from the terraUSD implosion and other debacles.
First Mover Asia: Lido DAO Governance Token Down, Staked Ether Stable as Withdrawal Proposal Comes Into Focus; Bitcoin Rises as Fed Rate Decision Nears
While the DAO has yet to formally see the Lido proposal to allow withdrawals from stETH, Galaxy Digital has already been critical. The Lido governance token has fallen about 15% from its high last week week.
Crypto Markets Today: Fed Preview, Bitcoin Holds Steady at $22.9K
Also: Metaverse tokens surged in January. Equities close higher.
Ethereum Developers to Launch New Testnet ‘Zhejiang’ for Simulating ETH Withdrawals
Users will be able to get a sense of how staked ETH withdrawals will work from a testnet due to go fully live on Feb. 7.
First Mover Asia: Centralized Exchange Tokens Post Solid Gains in January Despite SEC Interest; Bitcoin, Ether in the Red.
The tokens of Binance, Crypto.com and KuCoin are all comfortably in the green over the past month.
Crypto Markets Today: Bitcoin Dips Below $23K Ahead of Fed’s Meeting
Also: The Sandbox’s SAND token surges ahead of its token unlock. Equities close lower.
Bitcoin Falls Below $23K; Will the Rally Stay?
Arca Director of Trading and Operations Wes Hansen joins "All About Bitcoin" to discuss the sustainability of bitcoin's recent rally. Plus, his outlook on how the upcoming Federal Open Market Committee (FOMC) decision will impact the crypto market. And, insights on bitcoin's funding rates and its comparison to ether.
