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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: Crypto Prices Plunge Late After Weak Meta Earnings
Bitcoin and ether fell sharply after the company formerly known as Facebook said its virtual/augmented reality division lost $10 billion in 2021.
First Mover Asia: Crypto Prices Rise With Investors' Appetite for Risk
Bitcoin and most major altcoins were in the green, although trading was lighter than on Monday.
First Mover Asia: Crypto Finishes Bad Month on High Note
Prices for bitcoin, ether and most major altcoins rise after a month of steep price declines.
First Mover Asia: Bitcoin Barely Budges in Weekend Trading
Crypto trading was light and could remain so in Asian markets as many investors celebrate the Lunar New Year holiday week.
First Mover Asia: Bearish Crypto Sentiment Continues as Dollar Strengthens
Bitcoin was up slightly, but ether and most other major altcoins fell as investors continued to digest the Federal Reserve's hawkish comments from Wednesday.
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.
