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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: BTC Falls Below $22.4K; Coinbase Shares Remain Alluring for Institutional Investors
Cathie Wood’s Ark Invest, ETF issuer Exchange Traded Concepts, Cullinan Associates and Utah-based Refined Wealth Management all significantly added COIN to their portfolios as per June 30 filings.
Market Wrap: Bitcoin Finishes the Week in Positive Territory Again
Bitcoin finishes strong, sees correlations with traditional markets narrow to prior levels.
First Mover Americas: Bitcoin Nears $24K as Citi Sees Crypto Contagion in Past (Don't Tell Zipmex)
The latest price moves in crypto markets in context for July 22, 2022.
Ether Breaks $1.6K on Merge Hype, Crypto Funds Price in July Rate Hike
QCP Capital expects the Fed will raise rates by 75 basis points next week.
First Mover Asia: Does Tesla Really Believe in Bitcoin?; Altcoins Rise in Thursday Trading
The electric car maker became a proxy for investors looking to take a position in the cryptocurrency without buying it directly, but its recent jettisoning of $936 million of BTC suggests the company wasn’t all that committed to the asset.
Market Wrap: Bitcoin Stalls at $23K but Sits Above Cost for Average Investor’s Purchase Price
Bitcoin investors are back in positive territory, although trading ranges have narrowed.
First Mover Americas: ECB (Finally) Exits Negative Rates as Bitcoin Digests Tesla Sales
The latest price moves in crypto markets in context for July 21, 2022.
First Mover Asia: Bitcoin Stalls as Contagion Hits Zipmex, Vauld. Will Ethereum's Merge Fix This?
Bitcoin is having its best week since March, but with the Federal Reserve still in inflation-fighting mode it seems like the only thing that can really get traders juiced up is the upcoming Ethereum Merge.
Market Wrap: Bitcoin Climbs Closer to 50-Day Simple Moving Average
Some analysts believe BTC’s consolidation above the SMA could propel the cryptocurrency’s recovery.
First Mover Americas: Bitcoin Nears $24K as Zipmex Suspends Withdrawals
The latest price moves in crypto markets in context for July 20, 2022.
