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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's Price Retraces Again, Breaks Below Trendline
BTC declines for the third consecutive day on below-average volume.
Brazil's Largest Investment Bank, BTG Pactual, Launches Crypto Trading Platform
Called Mynt, the product allows customers to trade BTC, ETH, SOL, DOT and ADA.
First Mover Americas: BTC Dips Below $24K as Ether Holds Strength
The latest price moves in crypto markets in context for Aug. 16, 2022.
Crypto Derivatives Traders Bet on Ether Staking Yields Doubling to 8% Post-Merge
Ether's price has surged recently in anticipation of the Merge, and the higher yields foreseen by derivatives traders would further enrich the ecosystem.
First Mover Asia: Bitcoin and Ether Fall; Angry That Hodlnaut Has Frozen Your Funds? Too Bad, It’s in the Terms and Conditions
The Singapore-based crypto savings platform angered users with its decision, but the law may be on the company's side if a complaint ever makes it to court.
Market Wrap: BTC Not Quite Ready to Stay Above $25K
Bitcoin cracked the psychologically important threshold overnight, but retraced in U.S. trading hours.
Brazil’s Largest Brokerage, XP, Launches Bitcoin, Ether Trading
The company, which has 3.6 million customers, hopes to reach 200,000 active crypto users by the end of 2022.
First Mover Americas: Bitcoin Hits $25K But Fails to Hold, Galaxy Digital Scraps Plan to Buy BitGo
The latest price moves in crypto markets in context for Aug. 15, 2022.
First Mover Asia: Bitcoin Tests $25K Before Retreating; S. Korea Play-to-Earn Ban Unlikely to End Soon
The South Korean government has yet to show any sign of wanting to change current laws, said attendees at Korea Blockchain Week; ether falls.
Market Wrap: Bitcoin Price Finishes Higher for Third Consecutive Week
The largest cryptocurrency by market capitalization has responded favorably to improved economic indicators.
