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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 at $9.9K as Halving Chatter Increases
Bitcoin’s price keeps gaining as people increasingly talk about the halving - but the event’s potential after-effects may be considered an afterthought for many investors.
Market Wrap: Derivatives May Reduce Miner Selling Pressure After Bitcoin Halving
The crypto derivatives market is helping to hedge the uncertainty on which way the bitcoin market will go when miners have less revenue post-halving.
Market Wrap: Bitcoin Volatility Higher Than S&P 500 Again but Lower Than Oil
Bitcoin volatility has risen a bit, higher than the S&P 500 ahead of its expected halving next week - but it’s nowhere close to the rocky ride oil has been on.
Market Wrap: Bitcoin Dips to $8.8K but Optimism Seen Continuing Ahead of Halving
After a flurry of trading late last week, bitcoin dipped on lower volume.
Market Wrap: May Opens With Equities Lower While Bitcoin Steady at $8.7K
Traditional markets continue to get whalloped on terrible economic numbers while bitcoin holds ground ahead of the halving.
Market Wrap: There's a Bright Side to Bitcoin's Drop on Worsening Unemployment
Bitcoin cooled off after jumping to its highest levels in nearly two months, when it was up as much as $9,478. Yet, stakeholders say crypto interest remains strong.
Market Wrap: Bitcoin's Price Tear Suggests It's FOMO Time Again
Fear of missing out, or FOMO, ahead of the halving, along with strength in stocks despite bad economic data, appear to be driving bitcoin’s ascent.
Market Wrap: Bitcoin Edges Up to $7.7K as Mining Power Rebounds
Bitcoin’s price is on the upswing, and so is the computing power securing the network as a once-in-four-years event known as the halving approaches.
Market Wrap: Ether Up 50% in 2020, Hits $200 on Sunday
Year to date, the native token of the Ethereum network’s 50 percent rally trounced bitcoin’s 7 percent gains.
First Mover: Ether Trounces Bitcoin as Network Sees Surge in Stablecoins
Ether is up more than 50 percent this year, outpacing bitcoin. Is this year's surge in stablecoin issuance playing a role?
