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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: 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.
First Mover Asia: Dissecting Three Arrows Capital's Fall; Ethereum Merge Spurs Continued Market Gains
Thanks to the transparency of court documents, the public knows how much the beleaguered crypto hedge fund owes different creditors; ether has risen about 50% over the past week.
Market Wrap: Bitcoin Breaks Above $23K as Investor Fears Recede
The Crypto Greed & Fear Index climbed to 30, its highest point since April.
Ether Breaches 50-Day Average for First Time Since April; Bitcoin Lags
Ether's bounce above the 50-day average may be fleeting, one chartered market technician said.
First Mover Americas: BTC Holds $22K and ETH Takes Center Stage Again
The latest price moves in crypto markets in context for July 19, 2022.
Lido Finance Will Soon Offer Staked Ether on Layer 2 Networks, Proposes to Sell LDO for DAI
The expansion to layer 2 means lower fees and more yield-generating opportunities for investors staking ether.
