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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.
Ether Tumbles 5.8%, Leading Large Crypto Losses, With Bitcoin Sliding Below $71K
Crypto-linked stocks such as MicroStrategy, Coinbase, Robinhood and bitcoin miners MARA, RIOT also suffered sizable declines.
First Mover Americas: Bitcoin Returns to $72.5K in Muted Market Activity
The latest price moves in crypto markets in context for Oct. 31, 2024.
Ether Gains 2.5%, Outperforming BTC and Maybe Primed for More Upside
The second-largest crypto has been locked in a sizable downtrend relative to bitcoin.
First Mover Americas: Bitcoin Little Changed After Teasing All-Time High
The latest price moves in crypto markets in context for Oct. 30, 2024.
First Mover Americas: BTC Jumps Above $71K, DOGE Leads Market Surge
The latest price moves in crypto markets in context for Oct. 29, 2024.
First Mover Americas: BTC Recovers From Friday's Slide to Reclaim $68.5K
The latest price moves in crypto markets in context for Oct. 28, 2024.
First Mover Americas: Bitcoin Falls Back Below $68K, Still Outperforms Broader Market
The latest price moves in crypto markets in context for Oct. 25, 2024.
Bitcoin Climbs 3% to Retake $68K With Solana Outperforming, Ether Showing Relative Weakness
Bitcoin Cash and Uniswap led CoinDesk 20 gains, each rising more than 5%.
First Mover Americas: BTC Rebounds to $67K After Subdued U.S. Economic Data Reading
The latest price moves in crypto markets in context for Oct. 24, 2024.
Bitcoin Slides to $66K, Ether Dives 5% in Market-Wide Selloff
Cryptocurrencies weren't spared as stocks, bonds, gold and oil all declined on Wednesday.
