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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.
Ether Futures See $230M in Liquidations as Merge Pushes ETH to $1.5K
Shorts took on the most losses as buying pressure built up on ether over the weekend.
The 'Merge Trade' Has Begun, Experts Say, as Ether Surges and stETH Discount Narrows
"ETH has undergone a rapid change in narrative over the past week, with speculators purely focused on the upcoming 'merge' as a catalyst for appreciation," one observer said.
First Mover Asia: Bitcoin Dips Below $21K; Why the Current Bear Market Differs From 2018
The largest cryptocurrency had hovered well above the psychologically important threshold for the previous four days.
First Mover Americas: BTC Nears $21K but DeFi Tokens Steal the Show
The latest price moves in crypto markets in context for July 15, 2022.
DeFi Coins Outperform Bitcoin, Ether as Traders Pare Bets on Jumbo Fed Rate Hike
The outperformance of the DeFi coins could be fleeting, given the weak fundamentals.
First Mover Asia: It Won't Be Easy for Creditors to Untangle Three Arrows Case, Singapore Lawyer Says
The fallout continues from the crypto industry's slump, with fresh filings from Celsius, layoffs at OpenSea and a short squeeze in Voyager's tokens. PLUS: We talked to a Singapore-based lawyer about the Gordian knot that is the Three Arrows bankruptcy case.
First Mover Americas: BTC Shows Resilience Despite Widespread Risk Aversion, Celsius' Bankruptcy Filing
The latest price moves in crypto markets in context for July 14, 2022.
First Mover Asia: M&A Bankers See Crisis as Opportunity, With Celsius and Inflation in Focus
One analyst says "meh" as bitcoin climbs back above $20K as reports surfaced that troubled crypto lender Celsius might be teeing up a bankruptcy filing. Mergers & acquisitions bankers are seeing a slew of deals stemming from the current market crisis.
Market Wrap: Bitcoin Snaps Five-Day Losing Streak; Even Traders See More Hawkish Fed
BTC fell 4.5% minutes after the U.S. consumer price index showed June inflation rising to 9.1% but has since recovered.
First Mover Americas: Bitcoin Drops After CPI Data Comes In Hotter Than Expected
The latest price moves in crypto markets in context for July 13, 2022.
