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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: Bitcoin Jumps Above $31K; Crypto Carbon Trading Races to Clean Up Act
Carbon credit protocols have had a difficult time in recent months but have been working to improve the way they operate; bitcoin on Monday notched its biggest single-day gain in more than two months.
First Mover Asia: Bitcoin Extends Losing Streak, New LUNAs Crash Like Old LUNAs, Stepn's China Dilemma
Bitcoin was headed for a ninth-straight weekly loss, a record. Terra delivered its new LUNA "revival" tokens, which crashed. Stepn has plenty of company among firms making changes to accommodate Chinese data-protection laws.
Bitcoin’s Outlook for Next Week
As investors await the May job report and the U.S. Federal Reserve begins quantitative tightening next week, “All About Bitcoin” discusses bitcoin’s possible outcomes for the week ahead and why we could see volatile conditions. Plus, bitcoin’s correlation with ether.
First Mover Americas: Ether Ends May 35% Down, Altcoins Lose Out
The latest moves in crypto markets in context for May 27, 2022.
Ether Accounts for Almost Half of $520M Liquidations Amid Weak On-Chain Data
Traders of ether futures saw liquidations nearly double those of bitcoin in an unusual move.
Solana, Dogecoin Tokens Dip as Futures Suggests Bearish Sentiment
Choppy trading in broader markets failed to temper a gradual dip in major cryptocurrencies, with some sliding as much as 8% in the past 24 hours.
First Mover Asia: Regulatory Attention on Terra Could Change South Korean Trading Environment; Bitcoin Goes Sideways
The founders of two prominent crypto-related organizations said tightened restrictions could make it difficult for foreign tokens to list on Korean exchanges, discouraging projects from trying.
First Mover Asia: Bitcoin Dominates but Altcoins Lurk
Although Terra's collapse has raised existential questions about the future of DeFi, some traders appear to be preparing for a return to altcoins; BTC remains rangebound below $30,000 in Tuesday trading.
First Mover Asia: Funds Lost Billions in the Terra Collapse. Here are the Ongoing Effects; Bitcoin Sees Red
When a fund suffers a major dent to its token, the impact reverberates widely throughout the venture funding eco-system; most major cryptos fell despite gains in U.S. equity markets.
ICO-Funded Project Sparkster Converts $22M in Ether to USDC After 3 Years, No Product
Sparkster promised investors a “no-code” software-creation platform using $30 million in funds raised from investors in 2018.
