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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: Arbitrum Sees Transactions Skyrocket as Traders Anticipate Potential ‘ARBI’ Airdrop; Ether, Dogecoin Tumble Following FOMC Rate Hike
Weekly transactions on Arbitrum have soared over 550% since August. Crypto traders see huge potential for the ecosystem.
Market Wrap: Bitcoin Little Affected by Fed Interest Rate Hike
The largest cryptocurrency by market capitalization ticked down, but only slightly, following a fourth consecutive 75 bps increase.
Bitcoin and Ether Steady Ahead of Fed Decision
Bitcoin's price was trading around $20,400, little changed from the past 24 hours as investors awaited the Federal Reserve’s interest rate decision at 2 p.m. ET.
First Mover Americas: Bitcoin, Ether Slip Ahead of Fed
The latest price moves in crypto markets in context for Nov. 2, 2022.
Citi Says Ether May Be Moving Toward a Deflationary Future
The cryptocurrency's volatility dropped to historic lows following the success of the Merge upgrade, the bank said.
Ether and Bitcoin 'Straddles' Can Help Capture Post-Fed Price Swings
Straddle, an options strategy that involves buying both bullish calls and bearish puts, looks cheap, one observer said.
First Mover Asia: Ripple's APAC Policy Chief Sees Hopeful Shift in Hong Kong Crypto Statement; Dogecoin Soars Again
But Rahul Advani told CoinDesk the industry needs more details about the city’s plans.
Market Wrap: Uniswap, Federal Reserve in Focus as Dogecoin Rests
The largest cryptocurrency’s push past $20K this week has turned the market more bullish. The outlook hinges on the Federal Reserve’s messaging next week – about its plans for December.
Uniswap Surpasses Bitcoin as Fed Rate Hike Decision Nears
The decentralized exchange’s native token has risen 5% in the past 24 hours and 10% over the past week.
First Mover Americas: DOGE Doubled in October, Coinbase Goes to Bat for Ripple
The latest price moves in crypto markets in context for Nov. 1, 2022.
