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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 Americas: Technical Signs Flashing Green for Bitcoin and Ether, Quant Network's Token Surges 14%
The latest price moves in crypto markets in context for Oct. 17, 2022.
First Mover Asia: A Pan-Asian Digital Currency? Good Luck Getting Rivals to Cooperate; Cryptos Hold Steady in Weekend Trading
Chinese researchers say such an initiative would increase monetary cooperation and reduce dependency on the U.S. dollar, but that probably isn’t what different countries want.
Market Wrap: Crypto Markets Take Quieter Ride Following Thursday’s Roller Coaster
Prices are relatively flat across the board following a tumultuous week of discouraging economic indicators.
Bitcoin Steady Above $19K Even as Stocks Give Back Thursday’s Wild Gains
BTC was holding at around $19,300, though traditional markets slid on Friday following the release of earnings reports from major banks.
First Mover Americas: Bitcoin Rebounds to $19.6K, Ether Up 6%
The latest price moves in crypto markets in context for Oct. 14, 2022.
First Mover Asia: Crypto Trading Firm Amber CEO Argues Bitcoin Can Still Be an Inflation Hedge; Cryptos' Surprising Rebound
Michael Wu says bitcoin offers “a better form” of storing value than any previous type of asset and ether provides great value as a “tech infrastructure investment.”
Market Wrap: Prices Plunge Following Hot Inflation Report, Then Reverse Course Completely
The Consumer Price Index inflation data arrived higher than expected, and markets responded in roller-coaster fashion before settling down.
Core Case for Crypto Is ‘Almost Bullet Proof’: Strategist Says
Bob Iaccino, Path Trading Partners co-founder and chief market strategist, joins "First Mover" to discuss his investment strategies for bitcoin (BTC) and ether (ETH), and why the core case for crypto is "almost bullet proof."
First Mover Americas: Bitcoin Falls to $18.1K After CPI Data
The latest price moves in crypto markets in context for Oct. 13, 2022.
Ether Exits Triangular Price Consolidation With 4% Drop
Softer-than-expected U.S. inflation data is needed to save the day for ether bulls.
