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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.
Large Ether Options Flow Guards Against Price Slide Below $2.2K
Sophisticated traders bought put options to protect against a continued ether price drop, one observer said.
First Mover Asia: Malaysia May Be Asia's Next Crypto Hub; Major Cryptos Decline as Russia Onslaught Intensifies
The country, where CoinGecko was founded, retains the institutional use of English as well as a common-law court system; bitcoin declined for the third day.
Market Wrap: Bitcoin Dips; Trading Range Could Result in Sharp Price Swings
Analysts expect two or three months of price stabilization before a recovery. Others expect greater volatility.
Crypto-Fund Inflows Tripled Last Week to Highest in Almost Three Months
A net $127 million went into digital-asset funds during the week ended March 4, with minor outflows in Europe and large inflows in the Americas.
It’s Complicated: The Relationship Between Crypto and NFTs
Is there any correlation between the NFT and crypto markets? Bybit’s lead tech writer looks at some of the theories.
First Mover Asia: Singapore's Lightbulb Capital Balances the 3 Parts of ESG Investing. Will the DeFi World Care?; Bitcoin, Ether Fall
The crypto world has focused more heavily on environmental issues than the social and governance aspects of different projects; major cryptos were in the red on Sunday as the Russian invasion intensified.
Market Wrap: Cryptos Slide; Analysts Expect a Volatility Spike
Bitcoin's outperformance relative to altcoins suggests a lower appetite for risk among investors.
First Mover Asia: China to Widen Test of Digital Yuan as Russia Invasion Spotlights Crypto’s Potential Role; Cryptos Decline
The country is close to approving trials of the central bank digital currency in a number of cities and regions; bitcoin and ether drop as risk-on appetite fades.
Market Wrap: Bitcoin Drifts Lower, Although Analysts Expect Bearish Sentiment to Fade
BTC was down 4% over the past 24 hours as geopolitical risks intensified.
First Mover Asia: India Commodity Price Increase Stemming From Russia Invasion Could Hurt Crypto Investment; Bitcoin Loses Momentum
An increase in commodity prices could eat into Indian investors’ skyrocketing appetite for cryptocurrencies; bitcoin, ether are roughly flat for the day.
