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 Americas: Bitcoin Jumps After Core CPI for July Comes In Lower Than Expected

The latest price moves in crypto markets in context for Aug. 10, 2022.

By Lyllah Ledesma, Omkar GodboleAug 10, 2022

Bitcoin jumped to $23,500 Wednesday shortly after the release of the U.S. CPI for July. (Denny Luan/Unsplash)

First Mover Asia: Bitcoin Snaps Its 4-Day Rally Tuesday; Troubles in Cryptoland? Not at South Korea's Muted Mega-Blockchain Week

The Seoul-based event has offered a welcome return to in-person interaction but failed to tackle the industry's most burning themes or challenge its panelists.

By Sam Reynolds, James RubinAug 9, 2022

Seoul, South Korea (Ciaran O'Brien/Unsplash)

Market Wrap: Bitcoin Prices Pull Back Ahead of US Inflation Report

Global markets are awaiting the data release scheduled for Wednesday.

By Glenn Williams Jr., Jimmy HeAug 9, 2022

BTC fell 4%, retreating like the tide to under $23,000. (Tim Donnelly/Unsplash)

Morgan Stanley’s New PAVA Indicator Divides ETH Users Into ‘Believers’ and ‘Speculators’

The monitoring tool enables price forecasting for ether.

By Jimmy HeAug 9, 2022

(Unsplash)

First Mover Americas: As Bitcoin and Ether Slide, Investors Bet on Ethereum Fork

The latest price moves in crypto markets in context for Aug. 9, 2022.

By Lyllah Ledesma, Will Canny, Omkar GodboleAug 9, 2022

The hot topic now is the upcoming Merge on the Ethereum network, and specifically, about the possibility of having a forked proof-of-work ETH and a proof-of-stake coin. (Riho Kroll/Unsplash)

First Mover Asia: BTC Holds Near $24K; Why Do We Need EthereumPOW When We Have Ethereum Classic?

Crypto mega-entrepreneurs Vitalik Buterin and Justin Sun are clashing over Ethereum’s future.

By James Rubin, Sam ReynoldsAug 9, 2022

Vitalik Buterin en conversación con periodistas en ETHSeoul. (CoinDesk)

Market Wrap: Bitcoin Climbs Above $24K

The cryptocurrency is largely tracking stocks.

By Glenn Williams Jr., Jimmy HeAug 8, 2022

BTC surpassed $24,000 as BTC funding rates signal bullish sentiment. (Christopher Burns/Unsplash)

Ether's Deepest 'Backwardation' Since 2020 Crash Shows Traders Prepping for Ethereum PoW Split

Traders have been buying ETH in the spot market and selling ether futures to withstand volatility, creating the unusual dynamic.

By Omkar GodboleAug 8, 2022

Ether futures trade at a discount to spot prices ahead of the Merge. (LauraTara/Pixabay)

First Mover Americas: Bitcoin Passes $24K for First Time in August; Ethereum’s Buterin Shrugs Off Fork Talk

The latest price moves in crypto markets in context for Aug. 8, 2022.

By Lyllah Ledesma, Omkar Godbole, Shaurya MalwaAug 8, 2022

BTC climbed above $24,000 with volume levels around 310 million. (Daphné Be Frenchie/Unsplash)

First Mover Asia: Bitcoin Above $23K in Weekend Trading; an Edgy Environment at Seoul's Blockchain Megaweek

Ether and most other major altcoins trade sideways as investors await further economic indicators.

By James Rubin, Sam ReynoldsAug 8, 2022

Bitcoin is hovering over $23,000. (Oliver Furrer/Getty Images)

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