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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.
Market Wrap: Solana Plunge Highlights Major Cryptos’ Day in the Red
The native token of the Solana protocol recently fell over 6%; bitcoin and ether dropped more modestly as investors await the midterm elections and latest inflation data.
First Mover Americas: Binance Dumps FTT Tokens
The latest price moves in crypto markets in context for Nov. 7, 2022.
First Mover Asia: FTX's Sam Bankman-Fried Talks Consumer Protection and Crypto Titans Clash
Consumer protection and regulation are key ingredients to transforming digital assets into an asset class worth trillions. The FTX exchange's Sam Bankman-Fried weighs in. Meanwhile, FTX's FTT token takes a dive after rival Binance announces plans to dump its remaining holdings.
Market Wrap: Cryptos Rise in an Eventful Week; Bitcoin Hovers Over $21K, Ether Soars
A surprisingly robust jobs report and other signals spur investors’ return to riskier assets.
Bitcoin Hits 7-Week High, Shrugging Off Unexpectedly Strong US Jobs Report
The bitcoin price rose as high as $21,287 in the past 24 hours, the highest since Sept. 13.
Argentine Fintech Uala Launches Bitcoin, Ether Trading Feature
The service will be available to 4.5 million users in the South American country in the coming weeks.
First Mover Americas: Bitcoin Higher After Jobs Report and Arweave's Meta Effect
The latest price moves in crypto markets in context for Nov. 4, 2022.
First Mover Asia: Alameda Research, FTX Are Bound to Each Other; Bitcoin Trades Sideways, Dogecoin Plunges Late as Twitter Halts Work on Crypto Wallet
A recent Alameda document showed the biggest asset on the organization's balance sheet was FTX’s FTT token.
Market Wrap: Ether, Other Cryptos Rise Despite Unsettling Inflationary Concerns
Bitcoin was trading sideways but other major cryptos were solidly in the green despite a jumbo interest rate hike by the Bank of England and a dip in jobless claims.
First Mover Americas: Meta’s Instagram Move Boosts Web3 Tokens
The latest price moves in crypto markets in context for Nov. 3, 2022.
