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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: Interest Rate Hikes in the Future? Crypto Rally Shorts Out
Bitcoin drops below $37,000 after soaring to nearly $39,000 following remarks by Federal Reserve Chairman Jerome Powell.
Money Laundering Picks Up Steam on DeFi Protocols: Chainalysis
According to a new report from Chainalysis, cybercriminals laundered $8.6 billion in crypto last year – 17% of which went through DeFi protocols.
First Mover Asia: Bitcoin Nears $37K Amid Lighter Trading
Ether was roughly flat, while other major altcoins were mixed.
Market Wrap: Bitcoin Little Changed as Analysts Remain Skeptical
Trading volume is increasing ahead of Wednesday's Federal Reserve press conference.
How Popular Are Crypto Mixers? Here’s What the Data Tells Us
Volume data suggests crypto coin mixing is not as prevalent as one might think. This article is part of CoinDesk's Privacy Week.
Bitcoin-Ether Ratio Hits 3-Month High; Friday's Close Pivotal
The ratio crossed above the 200-day average, signaling continued bitcoin outperformance in the near term.
First Mover Asia: Bitcoin Stabilizes Above $36K as Investors Await Next Fed Meeting
Bitcoin's spike coincided with gains in U.S. equity markets, but the correlation between the two remains unclear.
Market Wrap: Bitcoin Stabilizes as Altcoins Underperform
Bitcoin was up was up 3% over the past 24 hours, versus a 5% decline in SOL and roughly flat performance in ETH .
GSR Markets President: ‘Crypto Still in a Bull Market’
Bitcoin, ether and the broader crypto market faced another wave of selling Monday. Is crypto firmly in bear territory? GSR Markets Co-founder and President Rich Rosenblum discusses his reading of the digital asset space, explaining why “we’re still in a bull market for crypto.” Plus, tips for managing volatility and new investment opportunities to watch.
Luxor Starts Ethereum Mining Pool as Proof-of-Stake Shift Looms
Luxor also started an advocacy group for Ethereum to remain on the proof-of-work consensus mechanism.
