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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: Binance Congestion Chaos Weighs Heavy on Bitcoin
ALSO: A crypto market analyst calls bitcoin's travails of the past two days "growing pains," and says the largest crypto by market cap "will be fine in the long run."
Long-Term Bitcoin Holders Add to Their Holdings, Even as Prices Retrace
As longer term bitcoin supply increases, the CoinDesk Bitcoin Trend Indicator (BTI) shows a market in uptrend, despite recent price declines.
Bitcoin Falls Below $27.5K as Investors Weigh Meme Mania, Binance Congestion Issues
Ether’s deflationary narrative continues despite Monday’s price drop. Major crypto assets traded down on Monday.
Crypto Options Exchange Deribit's Ether Volatility Index Hits Record Low
Deribit's forward-looking ether volatility index (ETH DVOL) hit lifetime lows over the weekend. Expectations for price turbulence appear underpriced considering the lingering macroeconomic uncertainties.
First Mover Asia: Bitcoin at $28.6K Remains Unstirred by Binance Temporary Withdrawal Pause
PLUS: Bitcoin maximalists find Ordinals annoying. But they are a good thing for the network in the long run.
First Mover Asia: CBDCs Are the Hottest Issue in Florida Politics; Bitcoin Falls Slightly
PLUS: Cryptos were down as Asian markets opened, and investors try to figure out which narrative to believe.
Bitcoin Holds Near $29K as Investors Weigh Rate Increases, Banking Contagion
BTC traded flat after a slight dip early Thursday. Ether also traded in a narrow range.
Bitcoin, Ether Trade Flat After Mildly Encouraging Jobs Data
The two largest cryptocurrencies by market capitalization were changing hands in a tight range after jobless claims were slightly higher than expected, a small sign the jobs market is cooling.
First Mover Asia: Bitcoin Recovers From Fed Dip
PLUS: The MadLads hype appears to be over, although it hasn't dragged down the price of Solana.
Bitcoin, Ether Decouple From Stocks: What's Next for Crypto After Fed Rate Hike?
The recent decoupling indicates the assets will trade on their own merits.
