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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.
Crypto Markets Today: Bitcoin Finishes Best Week Since March; Solana’s Bonk Barks
ALSO: Bitcoin cash jumps ahead of optimistic May hard fork. Traders are starting to handicap various market scenarios ahead of Ethereum's next big milestone in March.
First Mover Asia: What's Next for Bitcoin After Biggest One-Day Price Pop in 2 Months?
Plus: Shaurya Malwa writes that security firms are predicting that blockchain bridges can avoid some of the carnage of 2022 this year by security features built during the bear market.
Crypto Markets Today: Bitcoin Tops $19K, Blockchain.com Cuts Jobs, Sam Bankman-Fried Blogs
ALSO: Bitcoin had its best day in two months after the Consumer Price Index (CPI) report shows inflation slowdown, extending this week’s digital-asset rally.
First Mover Americas: Crypto Markets Primed for Soft CPI
The latest price moves in crypto markets in context for Jan. 12, 2023.
Ether Hits 2-Month High Ahead of US CPI, Market Breadth Remains Weak
Ether rose to above $1,400, topping its 200-day moving average for the first time since Nov. 5.
First Mover Asia: The Next Avraham Eisenberg Isn’t Going to Be a ChatGPT-Powered ‘Script Kiddie’
Plus: Bitcoin broke $18K Thursday after pushing the threshold for the 10th time in 12 days the day before.
Crypto Markets Today: FTX Finds $5B, Bitcoin Extends Rally
ALSO: Bitcoin tops $17,500 for the first time in almost a month, while ether held strong above $1,300. Equities closed higher.
First Mover Asia: Behind the Scenes on Indonesia's New Official Crypto Exchange
PLUS: In crypto markets, there's a mini-rally in bitcoin, a narrowing of the "Grayscale discount" and a rally in altcoins.
Crypto Markets Today: Coinbase Announces More Job Cuts Amid Market Jitters
ALSO: Both bitcoin and ether reached nearly four-week highs. Equities closed higher.
First Mover Asia: Altcoin Short Squeeze Brings Green Shoots to Dormant Crypto
A squeeze on bearish altcoin traders has brought fresh energy into crypto markets, absent for months as the FTX exchange imploded in scandal. PLUS: Alex Thorn talks on crypto VC in 2023.
