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.


Markets

First Mover Americas: Bitcoin Gains Stall at $22K as Markets Await Powell at Jackson Hole

The latest price moves in crypto markets in context for Aug. 25, 2022.

Fed Chairman Jerome Powell will speak Friday at the Fed's annual meeting here. (Robert Alexander/Getty Images)

Markets

Ether Leads Crypto Recovery on Merge Confirmation, but Traders Remain Cautious

Buying ether ahead of the Merge is likely an overextended play, one trader said.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Markets

First Mover Asia: Bear Market? Taxes? Crypto’s Allure in India Grows, KuCoin Survey Finds; Bitcoin Continues Holding Pattern Over $21K

A study by crypto exchange KuCoin found that 15% of the country’s population aged 18-60 held or had traded crypto in the past six months; ether trades sideways.

India (Kriangkrai Thitimakorn/Getty Images)

Markets

Market Wrap: Bitcoin Rises Slightly Along With Stocks

U.S. equity indexes snapped a three-day losing streak on Wednesday, dragging along crypto assets.

Crypto assets and stocks rose slightly. (Nancy Hughes/Unsplash)

Markets

Anomalous Ether Futures Pricing Condition Is Likely to Revert After the Merge

"The current state of backwardation reflects the general market view that ETH will fall following the Merge, but this could be short-lived," one observer said.

Crypto trading platform Talos announced three new hires to senior roles. (Nicholas Cappello/Unsplash)

Markets

Market Wrap: Crypto Assets Rise Following Soft Home Sales in July

Traditional traders have returned to pricing in a 50 basis point interest rate hike for the Federal Reserve’s September meeting thanks to the economic data.

(Peter Dazeley/Getty Images)

Markets

First Mover Americas: Crypto Market Cap Falls Below $1 Trillion as Momentum Fades

The latest price moves in crypto markets in context for Aug. 23, 2022.

Bitcoin’s 200-week moving average multiple is falling. (Peter Dazeley/Getty Images)

Markets

First Mover Asia: Crypto Sell-Off Due to Fed Hawkishness, Possible Jump Dump of ETH, Says QCP Capital; Cryptos Decline Slightly in Monday Trading

Crypto asset trading firm QCP Capital will be eyeing remarks later this week by U.S. central bank Chair Jerome Powell for their potential effect on digital asset markets.

Hawkish remarks by a Fed official sent bitcoin falling.(Getty Images/Tim Chapman)